Morning Business News Round up_Mar 11, 2016

Morning Business News :

  • Govt strikes gold with traders’ protest as imports likely to fall
  • Govt to take back R-series oil & gas fields from Essar
  • United Spirits plans to sell properties on fast track
  • ECB cuts rates, expands asset buying to boost economy
  • US jobless claims hit 5-month low as mkt strengthens
  • Govt nod for new gas pricing & exploration policy
  • EPFO earns negative return on investment in stocks
  • Credit growth may face hurdles due to bottlenecks
  • India extends $2 billion credit line to Bangladesh
  • IMF may lower global growth outlook soon
  • CRISIL downgrades ratings of 8 psbs
  • E-payments earned Indian economy $6 bn from 2011-2015
  • India best among ems; health of psbs, corporates a worry: IMF
  • Reforms aim to unlock $40 billion worth oil and gas output
  • Relief for home buyers, Rajya Sabha passes Bill for regulation in real estate sector
  • No signs of sharp turnaround in economy in FY17: Crisil
  • Oil price could fall by $10 if output freeze fails: DNB Markets
  • Hero MotoCorp declares interim dividend of Rs. 40 per share
  • Drug prices capping only after discussions with industry
  • Cabinet approves license extension for 28 oil & gas fields
  • Domestic car sales tumble 4.21% in February
  • $45-billion FDI commitments ‘after launch of Make in India’

  • India to commence 100 MW power supply to Bangladesh
  • Govt clears proposal to amend MMDR Act
  • ED summons Kingfisher Airlines CFO, IDBI Bank officials
  • Undeveloped deep sea gas output to get free market price in future
  • Ashok Leyland plans to wrap up 23 of 27 joint ventures
  • Sun Pharma recalls 3.8 lakh cartons of osteoporosis drug in US
  • Crisil downgrades Jindal Steel due to delays in loan payments
  • SC asks telcos to assure call drops don’t exceed 2% limit
  • Fitch sees banks’ NPA ratio improving to 10.9 per cent by March-end
  • Sensex snaps 6-day winning streak, ends 170 points down
  • Decks cleared for Jaiprakash Associates, Lafarge sales
  • Sebi refuses to lift market ban on Transgene, promoters
  • BSNL in talks with Airtel for spectrum sharing deal
  • Solar capacity set to double to 4 gw this year
  • Kingfisher beer company UBL retains Mallya hold
  • Concor retail slice subscribed 1.84 times

Today’s Wealth Mantra !

“My experience indicates that most people who’ve accumulated a great deal of wealth haven’t had that as their goal at all. Wealth is only a by-product, not the original motivation.”

― Michael Milken

current scheme

Retail news Round Up_Feb 19,2016

Retail news :

  • Private equity firm Samara Capital files winding-up petition against Guardian Lifecare
  • Flipkart and Amazon launch initiatives to to get sellers on board in 60 minutes
  • Walmart just signaled a terrifying new reality for American retail
  • Ikea to make India global sourcing hub for bamboo products

  • Online retail store Jaypore raises Rs 30 crore in funding from Aavishkaar
  • Lenskart plans to expand operations through franchise model
  • Costa Coffee to focus on making India outlets profitable
  • Tata Global looks to accelerate Starbucks store expansion
  • Giving Indian shoppers less means big bucks for D-Mart
  • ParkAvenue Deodorant Wears a New Look, Courtesy WOW Design
  • Wal-Mart to create hundreds of fresh food manager roles
  • Pharmacy aggregator CareOnGo raises angel round
  • Xpressbees busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant Capital
  • Truecaller Launches TrueSDK to Help 3rd Party Apps Verify New Users via Phone Numbers
  • Tata Unveils the First India-Made Robot ‘Brabo’ in 2 months #MakeinIndia

 

“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”

-William Durant

 

Demat_Offer

Morning Business News Round up_Feb 03, 2016

Morning Business News :

  • RBI To Relax Rules On Bad Loans To Calm Investors
  • Robust Sales In India Help Auto Companies To Beat Global Slowdown
  • Govt May Allot 15 Blocks To PSUS For Commercial Mining
  • EU Designs Permanent Outer Circle To Keep Britain In
  • BP Reports Biggest Annual Loss, Announce Job Cuts
  • RBI To Buy Back Govt Securities Worth Rs 20,000 Crore
  • Transaction Tax, Shorter Trading Hours Bog Indian Market, Says Government Committee
  • RBI Keeps Repo Rate Unchanged At 6.75%

  • Swiss Surprise May Spoil India’s Hunt For Black Money
  • Govt May Announce Incentives For Solar Projects In Budget
  • Sebi Begins Review Of Risk Management, Delivery Systems At Commexes
  • Japan’s Agricultural Exports Climb 21.8% In 2015
  • Indonesia Working On Rice Import Deal With India
  • ‘Make In India Initiative, A Good Opportunity For US Cos’

  • Birla Corp-Lafarge India Deal For Cement Units, Brands Off
  • National Pension System Has 1.15 Crore Subscribers Now
  • RBI Eases India Startup Rules With Exit Option For Foreigners
  • Coal India Said To Buy Back Shares Worth At Least $368 Mn From Govt: Report
  • Govt May Ask Banks For At Least $295 Million In Back-Taxes
  • ‘Slow GDP Recovery May Change Govt’s Policy Stance’
  • Metal Stocks Drag Sensex To End 286 Points Down, Nifty Settles At 7,455
  • RBI On Wait And Watch Mode On 7th Pay Commission

Today’s Wealth Mantra !

“To be an investor you must be a believer in a better tomorrow.”

– Benjamin Graham

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Retail News Round Up_Dec 24,2015

Retail News :

  • RBI allows foreign investors to buy upto 49 per cent in V-Mart Retail
  • Flipkart ropes in designers like Pitti Imagine and Timzy Batra to help sellers create world-class products
  • Amazon India unit signs MoU with NIESBUD to encourage online growth of small businesses
  • Snapdeals FreeCharge unit keen on running RBIs bill payment system
  • ShopClues announces the launch of exclusive Star Wars merchandise
  • Delhis favourite leather product maker Nappa Dori scouts for space in Mumbai
  • Kwality looks to scoop up midsized dairy companies
  • McVities maker United Biscuits moves to Marie biscuits and cookies
  • Idea launches 4G services starting with 75 towns in South India
  • Swarajya magazine gets Quintype’s CMS in a partnership
  • Mahindra Group Launches MoboMoney, a NFC Based Digital Wallet!
  • MakeInIndia Vivo Opens its First Manufacturing Plant in India; Invests Rs 125 Crores
  • Micromax Smartphones Will Come Pre-loaded with an E-wallet; Partners with TranServ

Today’s Wealth Mantra !

“With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms.”

-Hunter S. Thompson

Demat_Offer

Retail News Round Up_Dec 16,2015

Retail News :

  • Myntra plans roadshows in US, Europe to lure global fashion brands
  • Food regulator FSSAI proposes tougher regulations for food importers
  • Snapdeal launches multi-lingual mobile interface in Hindi and Telugu
  • BigBasket plans to use electric cars to deliver products in Delhi
  • Amazon leads 150cr fund infusion in local services startup Housejoy
  • Gujarat spice maker Ramdev Food Products set to foray into snacks business

  • With an eye on customer base, GoZefo to now offer guaranteed buyback option
  • Tata Group set to crowdsource ideas for new watches, maybe even cars
  • Odd-Even Formula Inspires Uber To Launch Car Pooling Service In New Delhi & Aims To Tap 27 Lakh Private Cars
  • Sony LIV to offer carrier billing in partnership with Fortumo
  • Micromax To Invest Rs 300 Crore And Set Up New Manufacturing Units In India #MakeInIndia
  • India’s Centralized Monitoring System will launch before end of March 2016
  • Infosys invests $3M in wearables technology firm Whoop

 

Today’s Wealth Mantra !

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

-George Soros

 

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Retail News Round Up_Oct 14,2015

Retail News :

  • Flipkart sells over 10 lakh products in 10 hours
  • Top e-commerce start-ups spend Rs1,200 crore on TV ads in Sep quarter
  • Most drugstores closed today to protest online sale of meds
  • Facebook pushes shopping features in move towards e-commerce
  • ICICI Bank’s Money2World allows non-bank customers to remit money overseas
  • Dell buys EMC which is twice its size for $67B
  • 4G Launch: Vodafone in Mumbai by Dec, Tikona in Over 30 Cities by 2016
  • Ford Opens Rs 6000 Cr Factory In India As Part of Make in India Vision
  • MakeinIndia OnePlus To Start Local Production in India With FoxConn