Tag: Irdai

Morning Business News Round up_January 04, 2016

beelineadmin

Morning Business News :

  • Budget May Offer Sops For Equity Investments
  • TCS Restarts Talks To Buy Perot IT Biz From Dell
  • India Stands Out To Win As The World Battles 3D Effect
  • New Norms For High Value Transactions From April 1
  • Big Oil To Cut Investment Again In 2016
  • Cement Prices Decline 7.3% Due To Lack Of Demand In Dec
  • IRDAI Asks Insurers To Report Ownership Structure By Jan 18
  • HSBC Cuts Ties With UK Islamic Charity Over ‘Terror’ Fears

  • Wheat Output May Drop For 2nd Year Straight Due To Warm Winter
  • Raise Tax Deduction Limit For Long-Term Savings To Rs 2.5 Lakh, Says Assocham
  • Ashok Leyland Sales Up 31.4% In Dec
  • Tata Steel’s Workers In Scotland To Get New Package
  • TRAI Asks Telecom Companies To Start Compensating For Call Drops
  • Govt Will Offer ‘Attractive VRS’ To Hindustan Cables Employees: Minister
  • Centre Gives Coastal, Forest Clearances To Mumbai Trans Harbour Link Project
  • Sebi Spells Out Compliance Norms For Investors Of Listed Exchanges
  • Sterlite Grid Completes 200km Transmission Project In Rajasthan
  • IDBI Bank Raises Rs.900 Crore Via Basel-III Compliant Bonds
  • NHAI May Use GSFC ‘Nylon-6’ Products For Road Projects
  • Modi Pitches For Self-Reliance In Defence Manufacturing
  • Mahindra & Mahindra To Promote Bio-CNG Plants
  • Petrol, Diesel Excise Hike To Enrich Exchequer By Rs 10k Cr
  • Jan-Dhan Bank Accounts’ Corpus Nears Rs 30,000 Crore
  • MF Industry’s Asset Base Surges 21% To Rs 13.4 Lakh Cr In 2015
  • Fpis’ Net Debt-Markets Inflow Drops To $7.4b In 2015
  • Telecom Sector To Witness More Mergers This Year

Today’s Wealth Mantra !

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.”

– Dave Ramsey

Demat_Offer

Morning Business News Round up_November 19, 2015

beelineadmin

Morning Business News :

  • Telecom dept seeks PMO help to free up TV waves
  • India Inc’s Oct foreign borrowing dips 24% at $2.11 bn
  • Government extends currency swap facility for SAARC members
  • Govt to raise Rs 21Kcr from CIL stake sale
  • Govt nudges Vodafone with settlement proposal
  • India’s top real estate cos stare at Rs 30-k cr debt
  • Divestment, exports, infra get govt push
  • RBI workers’ strike tomorrow likely to disrupt settlements

  • Modi govt looks to revive stalled road projects, boost exports
  • Confusion reins over FSSAI’s product approval regime
  • GAIL rerating on oil & gas policy, Mahanagar Gas IPO
  • Jindal Stainless aims to cut debt by 64% through restructuring
  • Amtek Auto may sell Tekfor for Rs 6,000 crore
  • Japan regulators set to slap Toshiba with record $57 mn fine: Source
  • Competition panel asks Coal India to examine spot e-auction scheme afresh
  • Cabinet approves modification to bilateral assistance guidelines
  • GMR Kamalanga Energy gets revised tariff order from CERC
  • Commodity markets in worse shape than in 2009
  • Centre approves direct subsidy for sugarcane growers
  • Glenmark, Sun Pharma, Cipla said to weigh bid for Teva portfolio
  • Ramdev’s Patanjali atta noodles have no approval: FSSAI
  • Essar Steel bankers pushing to convert debt to equity
  • Govt would launch an initial public offering of Cochin Shipyard Ltd
  • ScoopWhoop raises $4 million from Kalaari Capital
  • Dr Reddy’s buys IP rights for anti-coagulant drug from Alchemia for $17.5 mn
  • Sensex slumps 382 pts to 25,482, Nifty settles below 7,750
  • Productivity gains of internet can transform India
  • Inflation completely under control in India: CEA
  • Govt fixes maximum mktg margin for natural gas
  • Finance Minister Arun Jaitley meets Rahul Gandhi
  • Ola raises $500m from Baillie Gifford, SoftBank and others
  • OECD countries to limit overseas financing for coal plants
  • Irdai to regulate non-life, health insurers’ expenses
  • India-focussed ETFs grow as demand picks up
  • Microfinance industry sees 28% rise in client base in Q2

 

 

Today’s Wealth Mantra !

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

– Phillip Fisher

 

Morning Business News Round up_November 04, 2015

beelineadmin

Morning Business News :

  • Investment Limit In Corp Bonds Likely To Hit Liquidity
  • Fin & Commerce Min At Odds Over Gold Import Duty
  • IOC Says Eyeing Stake In Russia’s Vankor Field
  • Boa Sells Money-Market Fund Business To Blackrock

  • Telcos Gear Up For Deals As Competition Heats Up
  • No New Offers Until Plans Are Merged: Sebi To Mfs
  • DLF Q2 Net Rises 21% To Rs 131 Cr
  • Price Of Pulses To Ease On Harvest, Action Against Hoarders: FM
  • Sundram Fasteners Sells Stake In German JV
  • GAIL Q2 Net Profit Down 66% At Rs 440 Cr
  • IRDAI Toughtens Norms For Global Reinsurers Opening India Branch Offices
  • RBI Fixes Gold Bonds Issue Price At Rs. 2,684 Per Gram
  • Assocham Pleads For Industry Status To Gems & Jewellery
  • Finance Minister Reviews Prices Of Essential Commodities
  • Dell Eyes $10 Billion Asset Sales Ahead Of EMC Merger
  • Over 40 % Of China’s Online Goods Shoddy, Counterfeit: Report
  • Cancer Genetics Targets India Acquisitions
  • Standard Chartered To Pare Commodity Business In India, China
  • ABB India Q3 Profit Up 30.6%, Misses Estimates
  • Tech Mahindra Q2 Profit Up 9% To Rs785 Crore
  • Chinese Scare Looms Over India’s Bulk Drug Industry
  • Moody’s Changes Indian Banking Sector Outlook To Stable From Negative
  • Banks Get Rs 2,500-Cr Share In Electrosteel
  • PM To Launch ‘India Gold Coin’, Other Schemes On Nov 5
  • Ratan Tata Invests In Telecom Carrier Sabse Technologies
  • Eyeing Cost Savings, Indian Oil To Double Pipeline Network
  • Mobile Equity Trading To Touch 15-16% Mark In 3 Years
  • Gamesa Bags 200mw Wind Power Order From Ostro Energy
  • EPFO To Act Tough With Employers Delaying Remittance
  • Lupin Gets FDA Nod For Generic Aricept Tablets
  • Cotton Growers Federation Expects Bumper Crop This Year

Morning Business News Round up_October 21, 2015

beelineadmin

Morning Business News :

  • HSBC, Citibank Hire Investigators To Probe Black Money Trail
  • Rcom, Aircel And MTS Begin Talks For Three-Way Merger
  • Mahindra & Mahindra Pips Tata Motors In CV Sales
  • RBI Invites Applications For BBPS Units
  • Govt May Pay Sugarcane Growers Direct To Help Mills
  • S&P Downgrades Vedanta Resources Credit Rating
  • TRAI Call Drop Norms To Hurt Telcos’ Earnings: Bofa-ML
  • BSE Asks Brokers Using Algorithm Trading To Submit Audit Reports
  • Impairment For KG-D6 Block Likely For RIL
  • World Bank Poverty Estimates Are Poor, Says Government

  • US FDA Raises Concerns On Cipla’s Indore Plant
  • Oil & Gas Industry Seeks Slashing Of Rs 4,500 Per Tonne Cess On Crude
  • Tata Steel Says May Cut About 1,200 UK Jobs In Restructuring
  • Bajaj Finserv Consolidated Net Profit Jumps 40% In Q2
  • Biocon Q2 Profit 300% Up At Rs 306 Cr On Syngene Windfall
  • RIL’s Refinery Margins Will Continue To Improve: Moody’s
  • ACC Q3 Consolidated Net Down 40% At Rs. 115 Cr
  • HCL Tech To Buy Volvo’s IT Business
  • Vedanta To Export Over 5.5 Mt Iron Ore From Goa This Year
  • Govt Mulls Raising FDI Limit In News Media
  • Maruti’s Royalty Payouts To Suzuki ‘Extortive’, Says Report
  • Adani Transmission Q2 Consolidated PAT Jumps To Rs. 153 Cr
  • India In Talks To Buy Coking Coal Mines In South Africa
  • Hero Motocorp Q2 Profit Rises Marginally To Rs772 Crore
  • Airtel Raises $400 Million More From Sale Of Africa Assets
  • Govt Likely To Order Audit Of Telecom Firms
  • Rupee Closes 25 Paise Weaker Against US Dollar At 65.06
  • SKS Microfinance Net Profit Up 37% In September Quarter
  • Employment Increases By 5.21 Lakh In FY15
  • FY15 Coal Import Bill Spills Over Rs 1 Lakh Crore; 27.12% Jump
  • TCS Announces Global Alliance Partnership With Tableau Software

  • Govt To Tap Rs 10k Cr Idle Funds For BPL Age, Health Cover
  • Bond Holders Could See Windfall Gain With Hike In FPI Limit
  • Irdai Clears Air On Control Of Indian-Owned Cos
  • India At Rock Bottom In Global Pension Index
  • Ramco HCM Makes Its Foray In The US Market
  • S&P Unlikely To Change India’s Rating Till At Least 2016
  • Attune Technologies Raised $10m In Series-B Funding

Morning Business News Round up_October 13, 2015

beelineadmin

Morning Business News :

  • IIP Rises To 3-Year High Of 6.4% In August
  • India Better Placed In Ems To Tackle Outflows: IMF
  • September Retail Inflation Quickens To 4.41% Y/Y
  • Dell To Buy EMC For $67 Billion In Record Deal
  • IOC To Spend Rs 32,500 Cr On Oil Exploration, Prodn
  • Large-Cap Equity, Debt Funds Underperform In Last 5 Years
  • DLF Plans To Derisk With Pre-Sale Project Completion
  • Infosys Q2 Net Up 12% Q-O-Q At Rs 3,398 Crore
  • Global Consultant Submits Draft Report On RIL-ONGC Gas Issue
  • Fiis Cut Stakes In PSU Banks In September Quarter
  • Sebi Plans 10-Page Abridged Prospectus For Ipos
  • Pay Minimum Annuity Of Rs 1,000 Monthly: IRDAI To Insurers
  • Yes Bank Gets RBI Nod For Mutual Fund, AMC And Trustee Co
  • Sebi Has No Black Money Problem, Says Sinha
  • S&P Cuts Volkswagen’s Credit Rating
  • Angus Deaton Wins 2015 Nobel Prize For Economics
  • Solar Sector Attracts $6.2 Bn Corporate Funding In Q3
  • Centre Circulates Model GST Laws Among States
  • Hiring Up 18% In September, Outlook Bullish: Naukri
  • Coal Scam: Court To Hear Arguments On Charges From Dec 7
  • Indian Companies’ Second Quarter Revenues Seen At Four Year-Lows
  • Pune-Based Kolte Patil Buys Out 100% Stake In Corolla Realty For Rs 164 Crore
  • Aon To Exit Indian Insurance Broking Market
  • A Tale Of Two Its And A $1.5 Trillion Opportunity
  • Vodafone To Launch 4G Services In Mumbai By December This Year

  • BSE Sensex Closes 175 Points Down, NSE Nifty Settles At 8,143.60; IT Stocks Fall
  • Economic Recovery In India Much Slower Than Expected: Bofa-ML
  • Banks Need Rs 5 Lakh Crore Capital For Basel III Norms: Study
  • Reliance Industries Drilled Out At Least 9 BCM Of ONGC Gas: Expert Report
  • 5 Kg Subsidized LPG Cylinders To Be Sold In Rural India By IOC
  • General Motors Ups Focus On Exporting From India
  • NPS Assets Rise 38 Pc To Top Rs 1 Trillion Mark

Morning Business News Round up_October 12, 2015

beelineadmin

Morning Business News :

  • High Burnout Rates Pushing Investment Bank Pros To Join Start-Ups
  • India Seeks More FDI In Insurance, Defence: P Mukherjee
  • Arun Jaitley Pitches For Reforms In World Bank At Global Meet
  • Kingfisher Diverted Portion Of Loans To Tax Havens
  • India Cuts Holdings Of US Govt Securities To $116.3 Bn
  • Coffee Day, Indigo To Beef Up IPO Mkt To 4-Yr Record
  • Unichem Plans Sale Of Domestic Formulations Biz
  • ONGC May Not Get Much Compensation In Gas Dispute With RIL
  • Govt Committed To Upliftment Of Downtrodden, Says Modi
  • $15-20bn Of Commercial Space Eligible For Reits In 2-3 Years
  • IMF-WB Appreciative Of India’s Policy Steps: Finmin
  • RBI Net Seller Of Dollars In August, Sells $1.559 Bn
  • Bombay HC Refuses To Grant Extension To Elder Pharma To Repay Rs 155 Cr
  • India Climbs One Rank With A 32% Sprint In Brand Value
  • 57 Coal-Based Power Units Identified For Upgrade
  • Adhia Outlines Reforms To Bring Down Graft In I-T Dept
  • Novartis Buys Another 2.5% In Israel’s Gamida Cell

  • GMR Infra, Japan’s JGC In Pact To Co-Develop Food Processing Park
  • WTO Effect: India May Halt Export Subsidies For Raw Sugar
  • Vedanta Trims Opex, Capex In Second Quarter
  • BSE Drops Plans For Separate Commodity Bourse
  • CBI Searches Bob Branches Over Suspected Black Money Transfer
  • Swan Energy Gets Shareholders’ Nod To Mop Up Rs.1,200 Crore
  • EPA’s New Volkswagen Probe May Reveal Failure To Disclose
  • Bandhan Bank To Raise Rs500 Crore From Investors By March
  • Amazon, Flipkart, Snapdeal Flouting FDI Norms: CAIT
  • Consumers To Splurge $8 Bn On E-Commerce This Festive Season: Assocham
  • Market Outlook: Earnings From Infosys & TCS, Macro Data To Set Trend
  • Govt To Commission Study On Impact Of FDI In Pharma
  • Rate Cut Tempts Shoppers To Buy New Cars, Major Appliances
  • Top 9 Cos Add Rs 80k Cr In Mkt Cap; ONGC Steals Show
  • Traders Asked To Pay Advance Tax Rather Than Returns
  • Windows 10 Fails To Revive Sagging PC Shipments In Q3
  • Irdai Panel Sets 175% Solvency To Repatriate Capital
  • NPS Assets Rise 38 Pc To Top Rs 1 Trillion Mark

Morning Business News Round up_September 29, 2015

beelineadmin

Morning Business News :

  • Confident of maintaining fiscal deficit at 3.9%
  • Govt to borrow $37.7 bn in Oct-Mar: Reports
  • Indian oil cos to pay $700 mn to Iran on Wednesday
  • Bill Gates drops by during Modi-Hollande meeting
  • European corporate offers $5 bn to bail out Sahara
  • FMC reform measures to make it easier for Sebi: Outgoing chief
  • Tata Sons issues pref shares of Rs 47.5 cr to brass
  • Nestle cancels contract manufacturing of Maggi
  • India, US sign $3-bn contract for Apache, Chinook helicopters
  • Tata Steel to resume iron ore sourcing from its Jharkhand mines
  • IRDAI to look into financial position for giving listing approval to non-life, health, reinsurers
  • Jaitley hints at cutting govt stake in IDBI Bank below 50%
  • UB Holdings fighting case against lenders on guarantees for Kingfisher Airlines
  • Bajaj Auto sets eye on Russian market, begins export of Pulsar
  • Banks, FPIs can now invest in commodity futures
  • Quick Heal, L&T arm, two others plan public issues
  • Nearly 1.29 lakh VW cars in Switzerland affected by diesel scandal
  • BSE StAR MF processes over 63,000 orders in single day
  • Crompton Greaves wins €17-mn order from Spanish firm GNF
  • Lanco Infra assures shareholders of better times ahead
  • Sebi in favour of gradually allowing more commodity products
  • Barack Obama says US willing to work with Russia, Iran on Syria crisis
  • Reliance Defence in pact with Emirates Defence for strategic partnership
  • Audi says 2.1 million cars worldwide fitted with emission-cheating software

Image result for audi

  • Accenture results no pointer to Indian IT performance
  • Sensex ends 247 points down ahead of RBI policy review
  • FMC merges with Sebi; Arun Jaitley solemnises amalgamation
  • Banks will not support stressed power distributors: FM Arun Jaitley
  • Modi US visit: Critical for PM to deliver on Digital India, JAM, SEBs
  • Govt open to dilute its stake in PSBs to 52%: Jaitley
  • Govt to extend duty-free import of pulses by 3 months
  • Bullion suffers fresh setback on global cues, falls to 3-week low
  • Credit card spends top Rs 1 lakh cr; rise by 22%
  • Sugar mills may get benefits to boost export
  • L&T bags Rs 1,500 cr project

Morning Business News Round up_September 14, 2015

beelineadmin

Morning Business News :

  • Sebi Considering Cross-Currency Futures Pairs
  • Fpis Dump Shares Worth Rs 7K Cr From Markets
  • Credit Funds May Face Selling As Default Risks Grow
  • Tata Steel Mega Leadership Walk In Steel City, Other Parts
  • Punjab, Haryana Receive Scanty Rains; Deficit Hovers At 40%
  • IDBI Ready To Become A Back Office For Other Banks
  • Punj Lloyd Arms Move HC For Creditor Arrangement
  • China Unveils Plans To Reform State-Owned Firms As Growth Sputters
  • Irdai To Make Listing A Must For Large Insurers
  • Aluminium Industry Leaders Meet Jaitley, Seek Import Duty Hike
  • Mcdonald’s India To Double Outlets With Rs 750 Cr Investment

images

  • Govt May Extend Interest Subsidy Scheme For Exporters By 3 Yrs
  • Vedanta Used Cairn Loan To Repay Inter-Company Loan
  • Govt To Auction 27 Oil Fields Off Mumbai, 15 In KG Basin
  • Fed Rate Hike Or Not, Indian Economy Is Unfazed, Says Former RBI Dy Governor
  • BSE To Offer Multi-Legged Order Entry In Currency Futures From Monday
  • Vivimed Labs To Divest Specialty Chemicals Biz Forrs. 380 Cr
  • NSE Adopts Annulment Policy To Check Frivolous Trades
  • Spectrum Trading Norms A Forward Looking Move: Vodafone
  • Income Tax Refunds To Be Sent To Taxpayers In 7-10 Days
  • The Lehman Effect On Indian Banks
  • JK Group To Buy Kesoram’s Haridwar Tyre Unit For Rs.2,200 Cr
  • Air Bag Makers Eye $2 Billion Opportunity In India
  • Indiabulls Housing Finance Raises Rs.3,997 Cr
  • Tamil Nadu Signs Pacts For More Than Rs2 Trillion
  • Oil Could Plunge To $20 A Barrel Amid Global Glut: Goldman Sachs
  • China Economic Growth Sputters In August, More Support Measures Seen
  • Utility Debts Threaten PM Narendra Modi’s Power-For-All Drive
  • Naidu Seeks Congress Support For Passage Of GST Bill
  • Donald Trump Buys NBC’s Half Stake Of Miss Universe Organisation
  • Textile Sector Seeks Fresh Impetus
  • Macro Data Points, Global Leads To Dictate Market Trend
  • Best Opportunity For RBI To Cut Rates: Economists
  • Tea Exporters Are Looking At New Markets To Brew Better Earnings