Morning Business News Round up_November 03, 2015

Morning Business News :

  • Banks In Better Shape But Npas Still A Concern: Moody’s
  • Adani Enterprises Q2 Net Plunges 40% To Rs 299 Crore
  • Global Economy Stutters As Monetary Stimulus Fails To Spur
  • FTIL, MOCBPL Files Defamation Cases Against Activist Ketan Shah
  • Amtek Auto Ropes In Morgan Stanley As Advisors To Pare Debt
  • Rupee Ends At One-Month Low Against Dollar, Down 32 Paise At 65.59
  • HP Inc Shares Outpace Those Of HPE In First Trades Since Split
  • India Inc’s Sales, Profit Move In Opposite Directions
  • Moody’s Gives Banks Reason To Cheer, Upgrades Outlook To Stable
  • Tata Steel Plans To Build Bridges With Tribals
  • September Core Sector Growth Rises To 3.2%
  • Tata Motors Ropes In Lionel Messi As Global Brand Ambassador
  • Indigo Raises Rs 3,010 Cr In IPO, At Upper End Of Range

  • Eros International Locked In Lower Circuit; Tanks 10%
  • Corporate Tax May Be Pruned Ahead Of Schedule
  • India’s Exports Will Do Relatively Well In 2016, Says UN Report
  • Sensex Ends 98 Points Down; Weak Global Cues, Manufacturing PMI Weigh
  • India’s Manufacturing Output Slips To 22-Month Low In Oct
  • NSE To Auction Investment Limits For Rs. 852 Cr Govt Bonds
  • Aurobindo Board Meet On Nov 6 To Consider 2nd Interim Dividend
  • R-Com Buys Sistema; Over To Reliance Jio To Make It Count
  • United Spirits Posts Rs929 Crore Profit In September Quarter
  • Hyundai’s Domestic Sales Jump Nearly 24% In October
  • OBC Q2 Profit Rises Marginally By 3%
  • Indian Overseas Bank Shares Hit 11-Year Low On Disappointing Q2 Results
  • Nasscom Raises Concerns About UK’s Move To Curb Skilled Visas
  • Fertiliser, Electricity Push Core Sector Growth To 3.2% In Sep
  • India’s Energy Emission Growth At 8.2%, Highest Globally: Pwc
  • Brokerages Downgrade L&T On Weak Order Outlook, Valuation; Shares Fall
  • China Gives Biggest Boost To Its Currency Yuan In A Decade
  • Sovereign Gold Bonds To Attract Investors Over Other Options
  • LIC Nomura MF Plans To Mobilise Rs 200 Cr Via New Scheme
  • Oriental Bank Profit Up Over 3% At Rs 301 Cr
  • Reliance Capital Q2 Net Up 15% At Rs 250 Cr
  • Royal Enfield Aims To Expand Global Footprint

 

Morning Business News Round up_October 29, 2015

Morning Business News :

  • India Among Top 10 In Total Individual Wealth Globally
  • Infy, Wipro, Hcl, Tcs Struggle To Meet Nasscom’s Target
  • Ongc To Start Cutting Costs As Oil Price Fall Hits Profit
  • Govts To Raise $22bn From Carbon Pricing In 2015
  • After Indigo’s Success, Goair Eyes Up To $150 Million Via IPO
  • Sun Recalls Over 10l Boxes Of Allergy Drug In Us
  • Carl Icahn Says Aig Should Split Into Three Cos
  • Amtek Auto Seeks To Sell German Unit Tekfor: Sources
  • Fed Sees ‘Moderate’ Pace Of Growth; Rates Unchanged
  • OVL To Double Africa Investments To $16 Bn In 3 Years
  • Diageo, Usl End Trademark Litigation On Black Label
  • Novartis’ Generic Drug Arm Gets USFDA Warning Letter For Two Plants In India
  • Hindustan Coca-Cola Takes Over Georgia Tea & Coffee Business In India

  • Defence Unit At Tata Steel Gopalpur Park To Start Production In Feb
  • Regulatory Reforms Can Lead To Substantial Benefits: Wb
  • India’s Chemical Industry Set To Touch $214 Bn By 2019
  • Textile Industry Appeals For Better Weightage To Domestic Market
  • Emco Board Nod For Dubai Arm Establishment
  • Tatas Join Uk Steel Industry To Petition Govt For Action
  • Govt Said To Mull Higher Foreign Investment Cap For State Banks
  • Indian Oil’s Paradip Refinery May Start Commercial Operations In March
  • Jet Airways Q2 Profit Rises 25% To Rs87.59 Crore On Lower Fuel Prices
  • Dabur India Q2 Profit Up 19% To Rs341 Crore
  • Syndicate Bank Q2 Profit Rises 5.3% To Rs332.37 Crore
  • Sensex Extends Losses For 3rd Day In A Row, Ends 214 Points Down, Nifty Settles At 8,171
  • Psu Disinvestment Nets 71% Of Total Fund Raising In Apr-Sept
  • Two Cci Members Order Fine On Jp Associates; Chairman, Others Overrule
  • Maruti Suzuki Baleno Gets Over 4,600 Bookings Within 2 Days
  • Arun Jaitley Must Revive Dtc, Reduce Income Tax Burden On Common Man
  • Wipro Bags 5-Yr Deal From Coop Norge Handel
  • Mf Investos Have To Give Info Under Fatca From Nov
  • REC’s Rs 700-Cr Tax-Free Bonds Oversubscribed
  • Future Generali To Raise Share In Health Segment
  • Indian Real Estate Has To Be Ready For Automation

Morning Business News Round up_October 28, 2015

Morning Business News :

  • Sebi Looks To Revise Rules For Credit Rating Agencies
  • Rasgas Contract To Cost Petronet LNG Rs 10,000 Cr
  • India Inc’s External Borrowings Down 32% At $2.6 Bn
  • Easier Trade Can Push Global Exports $1tn pa
  • India Overtakes China, Now Biggest Gold Consumer
  • Maruti To Pay Royalty To Suzuki On New Models In Re
  • Govt Plans To Lower Its Stake IDBI Bank: Sinha
  • India Jumps 12 Spots On World Bank’s Ease Of Doing Biz List
  • Tatas, Birlas, Ambanis Take Discount E-Tailers Head On
  • Cairn-Vedanta Merger Deal Not To Be Reworked
  • Govt Sets Up Panel To Simplify Income Tax Laws
  • Railways Receive Rs 2,000 Cr Assistance From LIC For Projects
  • Fitch Withdraws IDFC’s Rating, Reaffirms ‘Good Credit Quality’
  • Airtel Sells 700 Towers In Burkina Faso To Eaton

  • Indigo IPO Subscribed 86% On Day-1
  • India May Attract $6 B From Canadian Pension Fund In 8 Years
  • Japan Offers Conditional Support To Yuan Joining IMF Currency Basket
  • Seed Industry Seeks Policy Support To Boost Exports
  • Japan’s Nippon Agrees To Buy NAB’s Life Unit For $1.7 Bln
  • Tata Trusts, Harvard University Announce Collaboration
  • Essar Ports Fixes Rs. 93.66/Share As Delisting Floor Price
  • Trai’s Call Drop Policy May Increase Tariffs: Telcos
  • Maruti Q2 Profit Surges 42.1% To Rs1,225 Crore
  • Jaitley Sure Of Meeting Fiscal Deficit Target Despite Disinvestment Hiccups
  • US Plans To Sell Down Strategic Oil Reserve To Raise Cash
  • Lupin’s Q2 Results Are A Rude Reality Check
  • Crompton Greaves To Divest Its Canadian Power Systems Business
  • SEBI In Process Of Allowing Foreign Money Into Commodity Markets
  • Sensex Falls For Second Day, Ends 108 Points Down
  • Vedanta Q2 Consolidated Net Profit Falls 41% Yoy To Rs 974 Cr
  • Tata Communications Reports Rs 6.02 Crore Net Profit In Q2
  • IRDAI Issues Guidlines On FDI In Insurance Firms
  • RBI May Seek Info From HK On Bob Scam
  • CTT Removal Demand Linked To STT: Official
  • Dividend From Bank Lifts HDFC Q2 Net
  • Bharat Forge Reorganises European Operations

Morning Business News Round up_October 27, 2015

Morning Business News :

  • Sajjan Jindal Plans JSW Group Ownership Restructuring
  • WTO Sees Up To $3.6 Trillion Boost To Trade From Deal To Cut Red Tape
  • Nestle To Resume Maggi Sales In India Next Month’
  • LIC And Indian Railways Develop A Bond Worth Rs 2,000 Cr
  • 45% Crop Shortfall Likely To Keep Dal Prices High
  • Indigo’s Anchor Book Mops Up Rs 832 Crore

  • India-Africa Forum Summit Begins With An Aim At Stronger Trade Ties
  • Govt Likely To Launch 3 Gold Schemes On November 5
  • Nippon To Acquire 23% Stake In Reliance Life For Rs 2,500 Cr
  • Essar Projects-Saipem JV Awarded KNPC’s $1.6 Billion EPC Contract
  • HFCL To Start Chennai Optical Fibre Plant From Nov 15
  • Centre To Address Regulatory, Financial Issues In Infra Sector’
  • SEBI Open To Make Changes On Exchange-Traded Funds Norms
  • SEBI’s Networth Norms May Nudge Farmers Out Of NCDEX
  • Tyre Makers Staring At Lower Revenue As Chinese Imports Soar
  • Elder Pharma To Repay Creditors By Selling Assets
  • L&T Starts Two Training Institutes In Vadodara
  • Bharti Airtel Q2 Profit Rises 10% To Rs1,523 Crore
  • Madhya Pradesh Declares Drought In 35 Districts, Seeks Rs2,400 Crore Aid
  • Sudhir Valia To Buy Jaypee Wind Power Assets For Rs180 Crore
  • Standard Chartered Winding Down Equity Derivatives Business
  • Hindustan Media Ventures Profit Rises 43%
  • Sebi May Intervene On Upfront Commission
  • Sensex Ends 109 Points Down At 27,362 On Profit-Booking, Nifty Settles At 8,260
  • No Service Tax On Flat Title Transfers In Mumbai
  • HDFC Life IPO Likely In Mid-2016
  • HDFC Q2 Net Profit Up 2% At Rs 2,106 Cr
  • Investment Via P-Notes Rises To Rs 2.55L Cr In Sept
  • Premji Invest Buys Minority Stake In Hygienic Research
  • Sterlite Tech Q2 Profit Doubles To Rs 29 Cr
  • Fusion Solar Sets Up 4 Mw Solar Plant In Telangana
  • Government Plans To Hike Sugar Cess

Morning Business News Round up_October 23, 2015

Morning Business News:

  • Japan Offers India Soft Loan For $15-Bn Bullet Train
  • ECB Keeps Rates On Hold, Seen Opening Door To Easing
  • Slow Fibre Rollout Hurting Telecom; Experts Blame Low Investment In Optic Fibre
  • Reliance Group To Further Invest Rs 46,000 Crore In MP
  • LIC In Talks With Psbs For Nomura Stake Sale
  • Reliance MF Eyes More Acquisitions After Goldman
  • Shell Cos’ Patents To Come Under Domestic Tax Net
  • Investors Unfazed By Dividend Row: Indigo
  • Rcom In Talks With BSNL, Vodafone, Idea For 2G Intra-Circle Roaming
  • India To Meet Fiscal Targets Despite Revenue Drop: Bofa-ML
  • India Remains Less Exposed To External Risks, Says Moody’s
  • RBI Issues Rules To Operate Gold Monetisation Scheme
  • Eyeing $1 Billion GMV By Early Next Year: Shopclues Officials
  • DLF Appoints Bankers For Selling Promoters Stake In Rental Arm
  • Iron, Steel Exports Plunge 41% To $4.57 Bn In Sept
  • Indians Working In US Find Their Job Less Stressful: Survey
  • Kerala Govt Mulls Importing Pulses To Tame Price Rise
  • GIC To Invest In Tishman Speyer’s Waverock Project In Hyderabad
  • Rural Inflation Running Higher Than Urban: HSBC
  • PE Transactions To Touch $22 Bn By December: Report
  • HDFC Bank Profit Rises 20% To Rs2,869 Crore
  • Petronet LNG Pays Rs400 Crore Demurrage As Psus Refuse Costly Gas Import
  • JSW Steel Profit Falls 84%, Beats Estimates Of A Loss
  • Indiabulls Real Estate Posts Twofold Jump In Net Profit
  • Ratan Tata, American Express Invest In Digital Currency Start Up Abra
  • ‘Airline Losses To Come Down 35% To Rs 5,500 Cr This FY’
  • Centre Clears Two Ordinances For Swift Settlement
  • Over 75% Real Estate Projects Non-Starters: Assocham
  • Equity MF Folio Count Up By 21 Lakh In Apr-Sept
  • Domestic Fis Pitch For Easier Taxation
  • Oilseeds Output In Rabi Season May Be Normal
  • Gamesa To Set Up 100 Mw Wind Plant For HFE In MP

  • Coal India Takes IT Route To Track Mining Projects