Morning Business News Round up_December 17, 2015

Morning Business News :

  • Lower Inflation Result Of Reforms, Global Oil Prices
  • Govt Approves Coal Auction For Gasification
  • Government Hikes Import Tariff Value On Gold
  • Rel Infra Buys 17% Stake In Pipavav For Rs 850 Cr
  • NHAI To Raise Up To Rs 1,000cr Via Bonds
  • ‘Make In India’ Has Tremendous Impact On Investments

  • Motor Insurance To Cost Up To 15% More In Metros
  • Govt Approves Revised BIT Model, Excludes Tax Matters
  • US Fed Hikes Rate By 25 Bps For First Time Since June 2006
  • RBI Accountable To Disclose Information Under RTI Act: SC
  • Cabinet Allows States To Mine & Sell Coal, Ends Monopoly Of Centre
  • Improved RS Numbers By Budget Session Give Govt Hope For GST
  • Gujarat Declares Rs 110 Per 20 Kg Bonus For Cotton Farmers
  • World Bank Approves $1.5 Billion To Support India’s Universal Sanitation Initiatives
  • Govt Hikes Excise Duty On Petrol, Diesel
  • SAT Sets Aside SEBI’s Rs. 13-Cr Penalty On Reliance
  • PE Deals Touch Record High Of $17.5 Bn This Year
  • Reliance Jio Plans Limited Launch Of 4G In Mumbai: Bofa-ML
  • Cabinet Approves New Bilateral Investment Treaty Model
  • Real Estate Brokers Tie Up With Online Furniture Rental Service
  • SC Order Deals Another Blow To Diesel Engines
  • Govt To Soon Allow Auto Makers To Make Ethanol-Fuelled Vehicles
  • M&M Will Comply With Diesel Stipulations: Anand Mahindra
  • Blackstone Buys Minority Stake In IBS Software For $170 Mn
  • NSE Subsidiary Develops Indices For Tata, Aditya Birla, M&M
  • Dot Clears Path For Merger Of Vodafone India Entities
  • Sensex, Nifty Extend Gains For 3rd Day In A Row
  • India To Be Bigger Market Than US For Google In 2016: Pichai
  • SC’s Ban On Diesel Vehicles In Delhi: 5 Worst-Hit Cars
  • TCS Bags Multi-Million Dollar Deal From Lufthansa
  • Govt To Unveil Policy For Flexi-Fuel Vehicles In Jan: Nitin Gadkari
  • GST Rate To Be Much Less Than 18%: Jaitley
  • Tax Reforms To Help India Get Rid Of Tax Terrorism Tag
  • Realty Market Regains Favour Of Foreign Investors: Pwc
  • Wipro Says Chennai Floods To Hit Dec Quarter Earnings
  • Fiscal Deficit Target To Be Met Without Budgetary Cuts

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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Retail News Round Up_Dec 15,2015

Retail News :

  • Alibaba agrees on $266 million acquisition deal with South China Morning Post
  • PayWorld planning to raise around $50 million
  • Pepsi is launching a new kind of Gatorade in 2016
  • Xiaomi to sell Red Mi Note Prime on Amazon.in, Mi.com from December 15
  • Google Just Hinted at Split-Screen Multitasking in Android N
  • ‘Facebook at Work’ Finally Launching Soon
  • Datawind To Unveil a Rs 3,000 4G LTE Smartphone with 1 Year Unlimited Browsing!
  • Snapdeal launches billion-dollar loan plan for its merchants
  • Teesort eyes Rs 500 crore sales in 2-3 years, overseas foray
  • Trade and industry bodies to start a special campaign to ‘save GST’

 

Today’s Wealth Mantra !

“Mutual funds give people the sense that they’re investing with the big boys and that they’re really not at a disadvantage entering the stock market.”

-Ron Chernow

 

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Morning Business News Round up_October 08, 2015

Morning Business News :

  • Govt Plans To Seek Special Dividend From Top Psus To Meet Tax Deficit
  • ‘China Faces Unprecedented Eco Policy Challenge’
  • Moody’s Maintains US Credit Rating And Stable Outlook
  • US Dollar Is Own Worst Enemy, Says London Hedge Fund
  • Tea Board Enforcing PPC To Check Excess Use Of Chemicals
  • RBI To Be Payment Aggregator For GST
  • Sebi Steers Clear Of Fresh Probe In NSEL Scam
  • Redington To Acquire Turkey Based Linkplus
  • SC Refuses To Modify Order Restricting Use Of Aadhaar Cards
  • Govt Should Allow FDI In Multi-Brand Through PPP: Assocham
  • Insurance Regulator May Allow Long Term Products In Health
  • Mercedes-Benz India Sales Up 34% In Jan-Sep Period

  • India’s Solar Installations Set To Quadruple In Two Years
  • Tesco Shows Signs Of Recovery After Profit Collapse
  • BSE To Conduct PAN-Based Self-Trade Prevention Checks From Oct 12
  • Indian Pharma Sector Likely To Achieve $55 Bn Turnover By 2020
  • Additional Spectrum: Court To Pass Order On Charge On Oct 15
  • Tata Steel UK’s Deficit In Pension Scheme Stands At $138 M
  • IMF Warns Emerging Markets Of Risk From External Shocks
  • Maharashtra Govt Orders Lavasa To Return 191 Acres Of Land To Tribals
  • ONGC Boosts Spending As Exploration Costs Likely To Drop
  • Volkswagen Halts Sale Of Polo Models In India
  • 75% Of Jaypee Group’s Debt Has Default Rating
  • ArcelorMittal Exits Algeria By Handing Over Stakes To Govt
  • Sensex Jumps 103 Points Up On Global Cues, Strong Rupee, Nifty Settles At 8,177;
  • Air India To Raise Rs 700-Cr Bank Loan To Pay For 6 Dreamliners
  • Trucks Entering Delhi To Pay Environmental Tax: NGT
  • PM Narendra Modi’s Make-In-India Plan Could Hurt IAF
  • HC Restrains Glenmark From Business Of Anti-Diabetes Drugs
  • ONGC, Cairn Seek Relief From High Crude Tax
  • Punj Lloyd Enters Transmission, Distribution Segment
  • Jubilant Life Gets USFDA Nod For Indomethacin Capsules