Morning Business News Round Up_Oct 29,2019

Morning Business News :

  • SC ruling could ring death knell for Vodafone Idea, Airtel
  • SEZ services’ units may soon accept payment in Re
  • Trade deal with China to be signed ahead of schedule
  • Google owner Alphabet in bid to buy Fitbit: Sources
  • LVMH wants to buy jeweler Tiffany for $14.5 bln
  • AGR verdict: Sunil Bharti Mittal knocks on govt doors
  • Govt likely to reject telcos’ demand for 2-year spectrum fee moratorium
  • BRICS has lost relevance as economic grouping, says Standard & Poor’s
  • Housing finance companies’ gross non-performing assets up 2.2%: Icra
  • US equity outflows to cash, bonds biggest since 2008: Goldman Sachs
  • Unemployment, sluggish growth fuelling unrest in Arab states: IMF
  • RIL debt reallocation a step towards Reliance Jio monetisation: Emkay
  • RCEP deal: Japan tries to convince China to relax demands on India
  • BMS rejects draft Labour Code on social security
  • Arbitration Tribunal delays award in ₹10,247-cr Cairn retro tax case to mid-2020
  • GM strike ends after almost six weeks at cost of $2 billion
  • Jubilant Cadista recalls 63,216 bottles of erosive esophagitis tablets
  • DGCA asks IndiGo to change engines for 16 A320 Neo planes
  • Flipkart’s net loss rises 86% to ₹3,837 cr in 2018-19

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  • Bitcoin flirts with $10,000 after China voices support for blockchain tech
  • Jewellery, apparel sales hit in Diwali amid economic slowdown: Report
  • Richard Branson’s Virgin Galactic space venture starts trading on NYSE
  • Apple ramps up smart home efforts to take on Amazon, Google
  • Solar auctions: Govt relaxes norms to attract bidders
  • Govt owed Rs 5L crore to industry at FY19-end: Niti Aayog estimate
  • Amazon India’s e-commerce arm narrows FY19 loss to Rs 5,685 crore
  • RIL’s digital business rejig to bring platform apps onto investor radar, say analysts
  • RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank
  • Volkswagen finance chief outlines road map for $222-billion valuation.
  • Vodafone Idea to seek waiver after court ruling on overdue payments
  • HSBC third-quarter pre-tax profit falls 18 per cent, misses forecasts
  • ICICI Bank quarterly profit falls 28 per cent
  • Poor credit demand may hit deposit growth in H2

Morning Business News Round Up_Jan 01, 2019

Morning Business News :

  • NBFCs balance sheet grew 17.2% as of Sep 2018: RBI
  • Core sector growth hits 16-month low in November
  • Not seeking RBI surplus to meet fiscal deficit: FM
  • India’s external debt dips 3.6% to $510 bn in Sept
  • HDFC raises lending rates by 0.1 per cent
  • Axis Bank MD & CEO Shikha Sharma retires
  • Banks’ exposure to financial system at 46.5%: RBI
  • RBI report calls for fine-tuning institution scanning after IL&FS crisis
  • India exempts rupee payments for Iran oil imports from hefty taxes: Report
  • Core sector growth hits 16-month low at 3.5% in Nov due to oil, fertilisers
  • Lupin plans expansion, eyes Europe growth via acquisitions and launches
  • BHEL bags Rs 3,500 crore order for setting up West Bengal thermal unit
  • ₹75-lakh threshold could help over 60 lakh MSMEs escape GST net
  • Bearish sentiment weighed on PV segment in second half
  • Employees of bankrupt RTIL join hands to revive company
  • Toyota Kirloskar Motor sales up 10% in Dec
  • Domestic steel consumption to grow by 7% this fiscal, FY20: ICRA
  • Tyre sector may grow 7-9% in 5yrs buoyed by demand,lower crude
  • Government infuses Rs 10,882 crore capital in four PSU banks

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  • IL&FS puts commercial, residential properties up for sale
  • Kotak misses deadline to cut stake
  • RCom, Reliance Jio extend validity of asset sale pact to 28 June
  • PPF regains the crown with the best returns
  • Lok Sabha passes Indian Medical Council (Amendment) Bill, 2018
  • Government extends import restrictions on peas till March 31
  • Hyderabad HC sets aside ED order attaching Tech Mahindra’s Rs 822 cr fixed deposits
  • Insurance industry goes on tech drive to expand coverage
  • Govt seen going full throttle on labour reforms
  • New NHAI norms may slow down project awards
  • Govt proposes to invest Rs 1,227 cr through EDF
  • Provision coverage ratio of PSBs on rise, crosses 66%

Morning Business News Round Up_Feb 01, 2018

Morning Business News :

  • FY17 GDP growth revised to 7.1% from 6.6% earlier
  • Reliance Jio warns public against fake JioCoin apps
  • US Fed leaves rate unchanged; sets up March hike
  • Quess to acquire Monster India, HCL Info’ care biz
  • SBI gets board approval to divest 4.40% CCIL stake
  • Havells India promoters sell 2% stake for Rs 647 cr
  • TV18 becomes majority shareholder in Viacom18 at a valuation of $2 billion
  • IBBI chairman Sahoo defends 94% haircut for stressed firm
  • Sebi agrees to transfer Rs 16.7 bn of surplus funds to govt
  • Recap bonds: Govt fixes coupon rates up to 7.68% with six maturities
  • ICICI Bank Q3 net drops 32% to Rs 16.5 bn; smallest profit in 7 quarters
  • HC allows Daiichi plea seeking Rs 35.6-bn arbitral award against Singh Bros
  • Morgan Stanley shifts p-note base as govt tightens rules for FPIs
  • Trai cuts mobile number port out charges by 79% to Rs 4
  • China January factory growth dips to 8-month low
  • IREDA, Rewa Ultra Mega Solar sign loan agreement
  • Solar Alliance to sign 121 projects by April-end
  • Ramky Enviro to invest₹1,000 cr in expansion
  • JSW Steel logs record Q3 profit of Rs.1,774 cr
  • H&M India sales nearly double to Rs 955 cr in 2017
  • Liquidation is anti-thesis of resolution, says IBBI chief
  • SBI’s deposit rate hike sets stage for rise in interest rates
  • Blackstone to buy Thomson Reuters F&R unit in a $20 billion deal

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  • Galaxy Surfactants IPO sees 19.76 times subscription on the last day
  • Hindustan Copper plans to raise Rs1,400 crore via QIP
  • Vedanta Q3 profit slips about 4% to Rs2,053 crore, lags estimates
  • GST E-way Bill mandatory from Thursday
  • Suresh Prabhu to meet industry next month on new industrial policy
  • Banks can keep recap bonds in HTM category minus any limit
  • Middle Eastern countries must broaden tax bases: IMF
  • Samsung Electronics reaps $39.30 billion net profit in 2017
  • Walmart to pick up 15-20 per cent stake in Flipkart: Report
  • TVS Motor launches crusade against copy cats
  • India moves to stub out tobacco industry rights
  • Hero MotoCorp re-enters premium segment with new Xtreme 200R bike
  • Bulk deposit rates rise as credit growth picks up momentum

Morning Business News Round Up_Dec 12, 2017

Morning Business News :

  • FM Jaitley says India on road to fiscal consolidation
  • Stake sale in tower cos can cut telecom sector debt
  • Fuel demand jumps 6.2% in Nov as diesel use recovers
  • Unitech moves SC against NCLT order on takeover
  • Govt considering developing civilian aircraft: Official
  • Essar Port to complete Rs 830 cr expansion at Vizag terminal
  • Real Estate may see investment from financial institutions
  • WhatsApp earnings leaks: Sebi summons officials of at least 12 companies
  • Insolvency row: SBI moves NCLT against debt-ridden IVRCL as deadline looms
  • Farm debt waivers not favoured by ex-RBI heads
  • Non-declaration of Bitcoin gains could lead to a minimum of 20% tax
  • China bank lending hits fresh record after strong credit surge in November
  • IBC auctions: Stressed unlisted firms may get tax incentives
  • Government will fully protect public deposits: Jaitley
  • India Inc garners Rs. 50,855 cr via pvt placement of debt securities
  • Investors face difficulty in linking Aadhaar with MF folios
  • USFDA nod to arm bodes well from Alembic Pharma
  • WTO ministerial begins with moderate hope of outcome
  • Suzuki’s electric vehicle tie-ups aim to aid Maruti, without the risks

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  • Parliamentary panel split on Air India privatisation
  • Asian Paints acquires remaining 49% stake in Sleek International
  • SC to hear Centre’s appeal in Vodafone tax dispute case
  • India’s economy expected to grow at 7.5% in 2018, says Nomura
  • Retail inflation likely exceeded RBI’s 4% target in November
  • Amazon seller base spikes 80 per cent in 2017
  • Essar Vizag Terminal to be shut for a week
  • Videocon loan default 5 times bigger than Vijay Mallya’s Kingfisher; 28 firms have 2 days to pay up
  • Bond yields jump on fears of inflation spike, Fed rate hike
  • November marks 217% rise in PE investments, $2.7b exits
  • RBI net buys USD 852 mn of US currency in October
  • Developers apprehensive over tax on unsold flats
  • Govt in talks with Singapore for cruise connectivity: Gadkari

Morning Business News Round Up_June 23,2016

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Morning Business News Round Up_June 22,2016

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Morning Business News Round up_July 28, 2015

Morning Business News :

  • Govt To Award 273 Road Projects Of Rs 1.26 Lakh Cr In FY’16
  • ICICI To Sell Rs 1,000-Cr Npas From Tulip, Falcon
  • IMF Says ECB May Need To Extend Money-Printing
  • HSBC Lowers 2015, 2016 Gold Price Forecasts
  • RBS In Talks To Sell Indian Banking Unit To Sanctum
  • India To Sell High-Grade Iron Pellets To Iran As Ties Strengthen
  • Glenmark’s Finacea Generic Infringes Bayer Patent
  • RBI Eases Cash Delivery Via Liquidity Adjustment Facility
  • Revival Signs In IPO Market; Pricing Much Better Now: Sebi
  • 4G Bandwagon: Airtel To Roll Out Services Before Reliance Jio
  • India Can Save Upto Rs 74,000 Cr With Crude Oil Basket At Four Month-Low
  • Power Grid Approves Rs 307 Cr Investment For Transmission Proj
  • Infosys To Set Up 7 MW Solar Plant At Hyderabad Campus

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  • P-Notes: Govt Will Not Take Any Steps That Will Impact Investment, Says Jaitley
  • Techm Q1 Profit Rises 7% To ₹676 Crore On Forex Gains
  • CBDT Raises Cost Inflation Index By 5.57% For 2015-16
  • Rajesh Exports Buys Valcambi For $400 Mn In Cash
  • Bharti Land, Eros Group Tie Up For ‘Smart Township’
  • Currency Derivatives: NSE Move To Curb Self-Trade
  • Govt To Soon Notify A Central KYC Registry To Link All Identities
  • MRF Q3 Profit Surges 94% To Rs447 Crore
  • Steel Firms Cut Prices As Imports Pour In
  • Ambuja Cement Q2 Profit Declines 45% To Rs226.35 Crore
  • Banks To Take Control Of Electrosteel Steels Invoking SDR Rules
  • Rajasthan Offers To Sell Its Power Projects To NTPC
  • Reserve Bank Of India To Pause On August 4; 50 Bps Cut Likely In Early 2016: Bofa-ML
  • Axis Bank Cuts Bulk Deposit Rates By 25 Bps
  • Rs 200-Crore Illegal Gratification Transferred To Kalaignar TV: ED To Court
  • BSE Sensex Falls Over 450 Points, Nifty Below 8450 On P-Notes Concerns, Global Cues
  • Mcgraw Hill To Buy SNL Financial For $2.23 Bn

 

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Morning Business News Round up_July 14, 2015

Morning Business News :

  • Oil Traders Mount Bets On Iran Nuclear Deal Hopes
  • RBI May Cut Rate By 0.25% Next Month: Bofa-ML
  • GMR In Race For 5 Airports In Philippines Worth $2.4 Bn
  • BPCL To Invest $4 Bn To Double Bina Oil Refinery
  • Greece, Euro Zone Nations Reach Deal On Bailout
  • Govt To Pay Rs 12/Litre Kerosene Subsidy, Full For LPG
  • Sebi To Auction Property Related To Pyramid Saimira Case
  • Steel Imports Up 50% In Q1; Consumption Up 7.1%
  • Consumer Price Inflation For June Spurts To 5.4%
  • $500-M ADB Loan Likely For Chennai-Vizag Corridor
  • Titagarh Wagons Acquires Italian Firm
  • FMC To Bar Brokers Named In NSEL Scam From Bourses
  • MCX Gains On Favourable Verdict Against Metro SE

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  • 27% Teas Unsold At Coonoor Sale Despite Dip In Prices
  • State-Run Banks Can Sell $8 Billion Non-Core Assets To Raise Capital: Jefferies
  • SC Clears ED Proceedings Against Vijay Mallya, Imposes Costs
  • Essel Propack To Sell Lamination Packaging Unit To Australian Firm
  • Adani Group Gets Final Go-Ahead On Vizhinjam Port Project
  • HCL To Buy Assets Of US-Based Trygstad Technical Services
  • Global Warming May Eat Up $200 Bn Crops Globally By 2050: Study
  • India Among 13 Countries To Host Windows 10 Launch On July 29
  • Vedanta Looks To Regain Market Share After Goa Mining Resumption
  • Indusind Bank Q1 Net Profit Jumps 25% To Rs 525 Crore
  • Govt Growth Estimates Not In Line With Ground Reality: Bajaj
  • Strong Eco Growth In India To Revive Steel Demand: Moody’s
  • Suven Life Gets Patent For Neuro-Degenerative Related Products
  • Ventura Power Pledges Its 2.65% Stake In Adani Power
  • IGL Raises Stake In MGNL To 50%
  • Sanghi Ind To Invest Up To Rs 1500 Cr For Capacity Expansion

 

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Morning Business News Round up_July 02, 2015

Morning Business News :

  • Govt’s ‘Digital India’ Call Gets Rs 4.5-Lakh-Cr Promise
  • Greek PM Tells Voters Rejecting Austerity Will Yield Better Deal
  • World Bank Okays $650-Mn Loan To Eastern Freight Corridor
  • SEBI May Check High-Frequency, Algo Speed To Curb Manipulation

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  • NPS Funds Of Private Firms Can Be Invested In Etfs
  • Private Equity Fund Returns Fell Sharply After 2008: Report
  • Mahindra Revs Up To Provide In-Dash Android Access
  • Algo Trading In Domestic Commodities Sees Sharp Spike
  • Ratan Tata Invests In Taxi-Hailing Company Ola
  • SBI Plans Massive Branch Overhaul; To Focus On Digital Banking
  • India Inc’s Debt A Burden For Reserve Bank Of India
  • UK Food Standards Agency Finds Made In India Maggi Safe To Eat
  • Private Non-Financial Firms’ Q4 Net Down 12.5%: RBI
  • Mahindra & Mahindra Sales Down 6 Per Cent In June
  • Maruti Picks Up Pace, Sales Grow 1.8 Per Cent In June
  • HSBC Manufacturing PMI Shrinks In June, Job Strain Stays
  • EMC, Magor Infuse `100 Crore Fresh Equity In Mcnally Bharat
  • JSW Cement To Invest `2,200 Cr To Raise Capacity To 20 Mt In 3 Yrs
  • Gold Rush Spawns Maverick Billionaire Jewellers In India

 

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