Morning Business News Round up_December 04, 2015

Morning Business News :

  • Govt May Scrap 1% Inter-State Tax To Move Closer To GST
  • Ola, Didi Kuaidi, Lyft, Grabtaxi Enter Into A Partnership To Counter Uber’s Reach
  • Global Private Equity Funds Blackstone, Carlyle, Barings Asia In Race To Buy Reliance Cement
  • Citigroup Pnote Sells 61 Lakh Havells India Shares Worth Rs 178cr
  • Telcos Ask Trai To Check Ringo License, Raise Security Concerns
  • Vodafone Invests Rs 500 Crore In Six Months On Network In Delhi

  • TPG Capital Backed Sanjiv Ahuja Leads Race To Buy Reliance Communications Towers
  • India Third-Largest Market For Spirit Giant Pernod Ricard, Sales Cross Rs 10,000 Crores
  • SKS Microfinance Raises Loan Ticket Size
  • Government Asks Companies To Display MRP Of Farm Machines Excluding Taxes
  • CIL To Pump In Rs 57K Cr To Ramp Up Output To 908 MT
  • Govt To Relax Approval System For Food Products
  • Montblanc Partners Titan For India Re-Entry, To Open 5 Outlets
  • Telenor Upgrades 2500 Sites Across 6 Circles To Improve Data, Voice Services
  • LED Bulbs Distribution To Start In Uttarakhand, West Bengal, Karantaka, Jharkhand
  • Union Budget 2016 May Give Boost To Cashless Transactions
  • ECB Disappoints Markets With Bare-Minimum Easing Package
  • Losses From Chennai’s Rains Of The Century Pegged At Rs15,000 Crore
  • Ownership Question Trips Small Finance Bank Licenses
  • 1 Rupee Call Drop Fine May Cost Telecom Firms $8 Billion
  • Bharat Forge, Musashi Said To Consider Bids For Amtek Auto’s German Arm
  • Reliance Jio: A Worry For Both Competitors, RIL Shareholders
  • Flipkart Buys Stake In Mapmyindia To Improve Delivery Operations

  • Flipkart Reports A Loss Of Rs2,000 Crore In FY15
  • BSNL FY15 Operating Revenue Up 4.16% To Rs27,242 Crore
  • Anil Ambani’s Reliance Defence Applies For Additional 16 Industrial Licenses
  • Chennai Floods: PM Releases ₹1,000 Cr From Disaster Fund
  • Services Sector Hits 5-Month Low Of 50.1 In November: HSBC PMI Index
  • Quikr Acquires Real-Estate Analytics Platform Realtycompass
  • Buyout Of Zylog’s Polypropylene Business Will Propel Lyondellbasell To The Third Spot In India
  • After Ramdev, Baidyanath Group Chants The FMCG ‘Mantra’
  • Mahindra Conducts Raids Of Counterfeit Spare Parts In Hyderabad

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”
-Peter Lynch

Connect with us

Today’s M & A Deals_Sep 10,2015

M & A Deals :

  • BigDecisions.com adds 700K users post acquisition
  • Beenos’ founder floats $60M VC fund
  • Jungle Ventures floats separate $20M seed fund
  • Nihilent Technologies Acquires Stake In Intellect Bizware
  • Everstone To Acquire Modern Bakery Business Of HUL
  • Flipkart May Acquire Map Solutions Startup MapmyIndia
  • Online Furniture Store StitchWood.com Plans Funding