Morning Business News Round up_November 05, 2015

Morning Business News :

  • Moody’s downgrades VW due to emissions scandal
  • Govt will unveil big power reforms in couple of days
  • RBI issues operational guidelines for gold bonds
  • 5% rise in indirect tax receipts a huge positive: FM
  • Govt dismisses Moody’s report, calls it opinion of junior analyst
  • India, US discuss measures to deepen capital mkts
  • Alstom in major share buyback after GE deal
  • Volkswagen fails emission tests in India, gets notice
  • Banks step up pressure on Essar Group
  • Bankruptcy panel submits report and draft law
  • IDBI Bank to raise Rs 2,800 cr through a QIP offering
  • Cairn-Vedanta merger now by June 2016, says Group firm
  • Maggi noodles clears final tests, relaunch likely late November
  • Vedanta Resources net loss widens in H1 FY16; halts dividend
  • Rajan defends his speech calling for tolerance, mutual respect
  • S. private sector adds 182,000 jobs in October
  • Reliance Infrastructure to exit cement, roads businesses
  • Tata Comm building world’s largest IoT network in India
  • NSE extends waiver of processing fee for MF distributors

  • Solar tariffs in India hit all-time low of Rs. 4.63
  • Standard Chartered said seeking to sell Essar Global loans
  • Godrej Properties Q2 profit jumps 127%
  • United Spirits to sell French winery by November
  • ONGC to buy into Adani-Welspun’s oil block off Mumbai coast
  • India to remain fastest growing IT market in 2016, says Gartner
  • Services sector growth hits 8-month high in October
  • Cars, SUVs prices to rise by Rs 6,000 to over Rs 6 lakh in Delhi
  • DLF Q2 net profit rises 21% to Rs 131.50 crore
  • Call drops’ Re 1 penalty: Trai, telcos headed for fierce court battle
  • Cognizant Q3 net grows 12% at $397 mn, raises revenue guidance
  • Sebi unlikely to challenge SAT order on SRO issue
  • IOC set to open more border routes to Nepal for supplies
  • Ashok Leyland Q2 profit after tax up 137%
  • France reaffirms 2b euros for 3 cities under smart city plan
  • Bata reports Q2 PAT of Rs 54 cr, turnover at Rs 575 cr
  • India has only 1% total retail sales in digital commerce