Morning Business News Round Up_Sep 04,2017

Morning Business News :

  • State Bank of India planning $3 bn green bonds
  • Rajan warned Modi against demonetisation: Book
  • Sebi firming up rules to classify mutual fund schemes
  • RBI was never asked about demonetisation: Rajan
  • China wants India to go slow on Asia-Africa corridor
  • India condemns North Korea’s nuclear test
  • Credit card growth beats bank loans: RBI
  • Fresh I-T crackdown on shell firms, 2,138 firms identified
  • Sebi to detoxify derivatives market; brokers say NSE data overstated
  • Cabinet reshuffle: Economic ministries’ work rewarded
  • Turnaround scheme to drive SAIL towards profitability: Report
  • L&T’s proposal to expand Powai project gets green nod
  • Slow GDP growth to delay recovery to December: India Inc
  • Modi arrives in Xiamen to attend BRICS Summit
  • Infy promoters offer shares worth Rs. 2,038 cr for buyback

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  • Tata Motors CV sales up 24% in July-August
  • Produce more special steel to cut imports: Minister to PSUs
  • Birlas enter top league with $50-bn market cap;Tatas on top
  • NIC developing e-mail server for all govt officers: Ajay Kumar
  • Ragh Rajan says he wasn’t on board for demonetisation
  • Brics summit expected to oppose US trade protectionism: China
  • Nandan Nilekani will not receive any remuneration for his current post: Infosys
  • Coal India quashes privatisation rumours, says no coal shortage
  • Govt said to plan setting new gold bourse rules in November
  • Sun Pharma sees single-digit decline in revenue for 2017-18
  • NPAs crisis: Raghuram Rajan says banks were reluctant to even recognize problems
  • India’s economic growth will bounce back, says BRICS Bank chairman K V Kamath
  • UBS lowers India growth forecast to 6.6 per cent for FY18
  • Telecom Commission to decide on North East mobile towers project
  • Finance Ministry writes to heads of PSU banks on consolidation
  • Scooters India, Shipping Corp, 4 others lined up for strategic sale
  • Car sales in Aug a mixed bag, two-wheeler makers recover
  • Apple all set to debut revamped iPhone on September 12
  • Modi asks taxmen to be friendly to honest taxpayers

 

Morning Business News Round Up_Sep 01,2017

Morning Business News :

  • India’s Q1 GDP growth slips to 3-year low of 5.7%
  • Govt eyes RBI surplus to keep fiscal math in check
  • Homebuyers of Jaypee Wish Town banking on IRP
  • Over 655 cases decided under insolvency law: NCLT
  • RBI chief Urjit Patel warns against farm loan waivers
  • Fiscal deficit reaches 92.4% of full-year target in Jul
  • Deadline for PAN-Aadhaar linking extended to Dec 31
  • SC refuses permission to sell shares in Fortis Healthcare
  • Slowdown of GDP growth not attributable to demonetisation: CSO
  • Sebi to alter investment advisory norms for MF distributors

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  • Rs 2.89 lakh cr deposited post note ban by 0.97 mn people under I-T radar
  • China July services trade deficit falls to $21 bn
  • Govt must settle retrospective taxation issue: Vedanta’s Anil Agarwal
  • China July services trade deficit falls to $21 bn
  • Sembcorp buys IDFC’s 28% in Indian green arm for Rs1,400cr
  • Bonds issued outside can get listed on IFSC exchanges: SEBI
  • Note ban helped root out fake currency: DEA Secretary
  • Auto components industry grows 14% to about Rs. 3 lk cr
  • Dr Reddy’s settles patent row with Vivus
  • N/Core to fund and mentor 10 non-profit start-ups
  • PNB cuts MCLR, base rate by up to 25 basis points
  • IT ministry to tighten quality standards for electronic goods
  • Cognizant keen to ‘pick up’ pace of acquisitions
  • Govt defers BSNL stake sale decision in wake of Reliance Jio turmoil
  • Wells Fargo says 3.5 million accounts involved in scandal
  • Stock exchanges propose extending trade hours till 7.30 pm
  • Pay dues or allow others to take control of business: FM Arun Jaitley to debtors
  • CAIT urges finance ministry to waive penalty on late filing of GSTR
  • Companies get socially more responsible, CSR spend up 47%: Report
  • Paytm Payments Bank in talks to partner full-service banks
  • Large deposits post-DeMo ends anonymity of cash: Jaitley
  • 14,000 properties of Rs 1 cr each under scanner: I-T dept
  • Govt rules out new window to deposit scrapped notes
  • Saab picks Adani as partner for fighter jets bids

 

Morning Business News Round Up_August 31,2017

Morning Business News :

  • Aim of demonetisation was not to confiscate money: FM
  • Almost all denotified notes back in the system: RBI
  • Government notifies e-way bill, exempts some items
  • Aadhaar data kept only on own secure servers: UIDAI
  • NDB approves $1.4 bn loan for India, China, Russia
  • US economy grew 3 per cent in Q2: Commerce Dept
  • Investor plaint on brokers: Sebi disposes of case agst NSE
  • Bird Group interested in acquiring AI’s ground handling biz
  • Wipro gets shareholders approval for Rs 11,000-cr buyback proposal
  • BSE’s ‘compulsorily delisting’ plan runs into legal hurdle
  • Govt extends OBC creamy layer to PSUs, financial instts
  • Govt rules out cutting taxes on petrol, diesel
  • Govt to tighten import norms for steel products
  • G-Sec yields have remained sticky despite RBI’s rate cut
  • Flipkart increases paid up capital to be a GST Suvidha Provider

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  • India may see low plant load factor until 2018-19, says study
  • Agri Ministry wants tax exemption for FPOs
  • NTPC OFS gets tepid response from institutional investors
  • Govt to appoint transaction advisers for Air India disinvestment
  • RIL to raise Rs2,500 crore via debentures
  • Aditya Birla Capital to be listed on 1 September
  • Aurobindo Pharma in talks to buy Shreya Life Sciences’s Russia business
  • Persistency ratios show life insurers struggle to keep policyholders on board
  • Economic activity to expand 7.3 pct this fiscal: RBI
  • RBI annual report: Nearly 8 lakh pieces of fake notes detected in FY17
  • DIPP approves 2 FDI proposals in single brand retail sector
  • Moody’s cuts foreign currency deposit ratings of IDBI Bank
  • Schaeffler to merge three Indian entities into a single firm
  • Battle for India’s $45b gold industry has begun
  • L&T sees $28b golden goose in defence contracts
  • Deadline for Aadhaar will be extended till Dec 31: Govt to SC
  • Cabinet nod for ordinance to hike cess on luxury vehicles
  • BI readies 2nd list of bankruptcy candidates, mostly infra companies

Morning Business News Round Up_August 29,2017

Morning Business News :

  • World’s 1st diamond futures bourse opens in India
  • Promoters may take part in Infosys share buyback
  • Greenko eyes R-Infra’s Mumbai power biz for $2 bn
  • Govt sanctions over 2.17 lakh houses for urban poor
  • EPFO diverting money to riskier bonds to earn more
  • Trai seeks views on sale of 5G services spectrum
  • The cost of clean water is $150 bn a year: World Bank
  • Tata Teleservices plans to invest Rs 4,000 cr in listed arm
  • Centre to divest up to 10% stake in NTPC for Rs 13,800 cr
  • IDBI Bank looks to exit early from NSE
  • GST to have positive impact on states’ finances: Ind-Ra
  • Lenders of Jaypee Power seek bids for 30% stake dilution to recover debts
  • Reliance Capital shareholders to get 1:1 stock of home finance arm
  • L&T Construction bags orders worth Rs. 1,975 cr
  • NSE now eyes mega Rs.10,000-cr IPO by Feb-Mar next year
  • ACC, BoB & Tata Power to move out of Nifty 50 wef Sept 29
  • Despite sharp cuts by PSU banks, foreign banks command lowest MCLR
  • Dr Reddy’s faces class action suit in US court
  • Iron ore stockpiles swell on imposition of export duty
  • RBI may consider linking bank loans to repo rate
  • NSE adds Bajaj Finance, HPCL, UPL Ltd to Nifty 50, removes 4 stocks

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  • Insolvency case: IRP verifies claims of over Rs44,498 crore against Bhushan Steel
  • SSG Capital Management in talks to buy stake in Emco Ltd
  • L&T Finance among India’s five most valuable NBFC firms
  • Gilead to buy Kite Pharma for promising cancer therapies in $12 billion deal
  • Over 36 lakh businesses file GST returns so far
  • Fringe benefits availed by employees liable to GST
  • DLF looking at Mumbai, Bengaluru to build commercial assets
  • Appetite for telecom spectrum only by early 2019, says COAI
  • Brexit talks face ‘very big gap’ as new round begins
  • Sensex makes 155-pt gain on easing Indo-China tension
  • Startups can raise 100% funds from foreign investors
  • Essar Steel lenders want to bring in new investors; Tata, JSW keen

Morning Business News Round Up_August 28,2017

Morning Business News  :-

  • Sebi may force MFs to merge schemes in same category
  • Abercrombie & Fitch planning to enter Indian market
  • Remove agri from Essential Commodities Act: Niti Aayog
  • Govt notifies changes in Banking Regulation Act
  • RIL, BP to use floating system to produce D6 gas find
  • DLF expects GIC rental arm deal to be concluded by Nov
  • Middle East giant in talks to buy Sahara’s US hotels
  • EPFO mulls crediting ETF units to PF accounts
  • PSU banks take action against 5,954 wilful defaulters to recover Rs 70k cr
  • JSW makes another dash for troubled Italian steel mill
  • Maruti continues to lead PV market; 7 models in top 10 list
  • BSE board approves another 5-year term for Ashish Chauhan as CEO
  • Canadian investors court Bengaluru realtors for tie ups
  • OIL seeks shareholders’ approval to raise 7,000 cr through bonds
  • Future Group to focus on small stores to build brand presence
  • New norms for solar power bids to enhance transparency: MNRE
  • Growth worries spook FPIs, Aug net equity outflow at $2 bn
  • Indian Immunological’s herbal product for animals
  • Heritage Foods sees boost from value added products
  • Foreign ownership in BSE–200 rises by 43 bps to 24.93% in Q1
  • Petrol price up by Rs6 per litre since July, diesel by Rs3.67
  • Vodafone flags concerns over further cut in mobile termination charges

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  • Supertech gets green nod for Rs1,130 crore Sports Village project in Greater Noida
  • Sebi questions fundraising on LinkedIn
  • Infosys employees focus on ‘next big idea’, unperturbed by boardroom blues
  • Trai asks Idea to submit Rs3 crore for overcharging subscribers
  • India facing problem of severe under-employment, says Niti Aayog
  • Black money: Swiss panel to discuss info-sharing safeguards with India, others
  • New highway projects worth Rs 1 lakh crore in Rajasthan: Nitin Gadkari
  • Vodafone flags concerns over further cut in MTC
  • No subsidy for sugar mills to begin crushing early
  • Tata Motors working on alternative plans for Nano: official
  • FC Investigation: 17,000 dubious firms caught laundering in DeMo net
  • Diversified portfolio is the best defence against uncertainty

Morning Business News Round Up_August 23,2017

Morning Business News :

  • Tower cos can cut energy cost by 40% using green tech
  • Idea seeks DoT’s nod for merger with Vodafone
  • Infy board blaming Murthy to hide own failure: Ex-CFO
  • Tax dispute: Delhi HC halts 2nd arbitration by Vodafone
  • Murthy to address investors to take on board
  • TaMo took cartier bracelet unanimous decision to stop Nano: Mistry
  • UC Browser under govt scanner over data leaks
  • GMR lines up Rs 16,000 crore for Delhi airport upgrade
  • Essar Oil deal done, hurdles stay for group’s steel, power firms
  • RBI hikes foreign investment limit in Eris Life to 49% from existing 24%
  • Apex Frozen Foods IPO subscribed 40% on first day

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  • Qatar deposits $7 billion in July to offset crisis outflows
  • Enforcement Directorate mulls selling Mallya’s shares in UB
  • FSSAI plans food safety index to measure performance of States
  • Keeping a watch on Infosys share price: SEBI Chairman
  • Ashok Leyland, IIT Madras sign MoU
  • LIC Housing Finance looking to boost lending to affordable home segment 3
  • Poland’s Medicover AB picks cartier nail bracelet replica
    up 22% stake in Maxcure Hospitals
  • Eros Worldwide offloads 1.17 cr EIML shares to pay debt
  • RBI moves forward to battle rupee flood
  • Govt eases environmental clearance rules for solar power projects
  • Around 100 brokers fake cartier bracelets
    under lens for helping shell companies
  • Essar Oil minority shareholders to earn more on shares tendered during 2015 delisting
  • DCM Shriram Industries Q1 net profit at Rs32.58 crore
  • PM Narendra Modi tells CEOs to help boost agricultural economy
  • India’s foreign reserves at record high: DBS
  • IRL impact: Hindustan Copper Ltd decides no more exclusive foreign partners
  • L&T to sell replica cartier love bracelet some non-core businesses to become more nimble
  • Micro-finance institutions’ loan portfolio increases 26 pc in Q1 to Rs 35,000 cr
  • Bank strike impacts Rs 22,000 cr business, some ATMs go dry
  • RIL mulls entry into power storage business with BP
  • Name & shame default strategy stepped up as NPAs mount

Morning Business News Round Up_August 22,2017

Morning Business News :

  • ONGC board approves HPCL takeover
  • Ruias shave off 67% of Rs 1.05 trillion group debt
  • Hong Kong clocks 40% increase in trade with India
  • SBI offers up to 100% processing cartier replica fee waiver on loans
  • Govt gets Rs 42K cr tax so far in first filing under GST
  • EOL deal bans Ruias from re-entering oil refining
  • BSE to delist fake cartier bracelets
    200 companies from Wednesday

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  • Tata Power enters electric vehicle charging segment
  • Essar Oil completes sale of assets to Rosneft-led consortium for $12.9 bn
  • NCLT mulls taking insolvency petition against Era Infra to larger bench
  • Infosys ADR holders complain to Sebi
  • US wants greater access to Indian agri market via tariff cuts
  • USFDA makes 2 observations at Laurus Labs’ Parawada unit
  • Indian Energy Exchange gets SEBI nod for IPO
  • MFIs need upto Rs 11,000 cr over next three years: Report
  • Exxon, Shell, Total, RIL lead line-up to explore oil in India
  • Aurobindo Pharma gets USFDA nod for HIV drug
  • Industry wary over government’s new pharma policy
  • Capital Float raises $45 million in series C led by Ribbit Capital
  • Govt all set to hike GST cess on luxury cars, via ordinance
  • NTPC seeks www.cartierbracelets.co shareholder nod to raise Rs15,000 crore via bonds
  • IHCL faced ‘near-death experience’ due to acquisitions: Cyrus Mistry office
  • Retail inflation to be well within RBI’s 2-6 per cent cartier nail bracelet replica
    target: BofAML
  • India consumer confidence sees largest dip in APAC: Mastercard
  • Boost clean energy, reduce emission or see economy dip: Piyush Goyal
  • Tata Motors to invest Rs 4K cr to speed up sales in India
  • Pai flays Sikka for blaming Murthy to cover up his ‘bad performance’
  • Honda Motorcycle eyes to sell 6 million units in FY17-18

Morning Business News Round Up_August 18,2017

Morning Business News :

  • Quarterly headline inflation in first half to be between 2-3.5%: RBI
  • Govt mulls FDI norms easing in print media, construction, retail
  • Doubling of minimum wages to hit exports, jobs: AEPC
  • NPPA may lose http://www.cartierbracelets.co/ power to fix drug prices in new policy
  • Govt extends GST return cartier love bracelet replica filing deadline to Aug 28
  • GTC puts land parcel on the block for third time
  • Economists expect GVA to grow higher at 6.3-6.5% in Q1FY18
  • After shell firms, govt looks to weed out defunct LLP firms
  • Mutual funds pip FIIs in net investments
  • Moody’s upgrades Asia steel industry outlook to stable from negative
  • Tata Global to introduce cartier nail bracelet replica
    ready-to-drink green tea
  • Grant Thornton: PE funding up 48% to $1.22 billion in July
  • India hopes to shoot up in World Bank’s ‘ease of doing business’ ranking
  • Draft pharma policy dilutes powers of pricing regulator
  • Infra fund to start lending soon, close to finalising investments
  • Srei Infrastructure arm to hit capital markets to raise Rs. 1,800-2,000 crore
  • 18 PSBs among top 20 banks with highest gross NPA ratios: CARE
  • Taking aim at China, India tightens power grid, telecom rules
  • SBI planning IPOs of two regional rural banks in the next one year
  • South-west monsoon deficit could worsen farm distress
  • Govt unwilling to let PSU banks skip bond payments, says Fitch
  • Infosys board to consider first-ever share buyback on 19 August
  • Airtel to hold shareholders, creditors meet in September on Telenor cartier bracelet
    merger deal

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  • Two-thirds of power utilities bullish on digitisation: Survey
  • India sees over 15% growth in foreign tourist arrivals
  • DLF-GIC deal for 40 pct stake in DLF rental arm enters final lap
  • Crackdown on shell companies: Sebi to take stock next month
  • Incomplete drought recovery may be the new normal
  • Revenue dept’s probes source of data on black money: Jaitley
  • Insurance cos lead primary market offering

Morning Business News Round Up_August 17,2017

Morning Business News :

  • Tatas to scrap all ties with Mistry’s group, putting huge money at risk
  • Infosys board to consider share buyback on August 19
  • Cabinet approves CGST refund scheme
  • Cabinet clears India, Sweden MoU signing on IPR
  • Cairn moves court against capital gains tax order
  • Tata Motors now eyeing cartier nail bracelet replica
    India’s EV market: Rajan
  • Wipro to manage Bangladesh telecom firm’s IT services
  • Trai proposes cartier bracelets changes in MNP rules to curb request rejection
  • Cabinet approves new mechanism to quicken strategic disinvestment
  • Sebi eases rules for lenders buying stake in distressed companies
  • Govt forms panel to recast National Mineral Policy 2008
  • Centre extends anti-dumping duty on Chinese chemical import by 5 years
  • IDFC PE sells entire 24% stake in Seaways Shipping to promoters
  • Biocon withdraws applications to sell two cancer drugs in Europe
  • India-focused offshore cartier bracelet funds, ETFs see inflow of $4.6 bn
  • Petronas keen to buy stake in IOC’s LNG terminal
  • Cabinet approves raising ₹9,020 cr for Long Term Irrigation Fund
  • NSE to introduce seamless corporate announcement filing mechanism

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  • States take over Rs. 2.09 lakh cr DISCOM debt
  • Solar power sector may face capex pressure, robust capacity addition
  • Govt moves to disallow more of Reliance-BP-Niko’s KG-D6 cost
  • Aurobindo Pharma, Intas in race for Teva’s European assets
  • Banks pick old, smaller accounts to refer to NCLT
  • RBI to maintain replica cartier love bracelets ‘prolonged pause’ before next repo rate cut: HSBC
  • Thyssenkrupp says it has no timeline on Tata Steel joint venture deal
  • 42% Indians willing to pay premium for prompt customer service: Report
  • Farmers to get crop loans at subsidised 7 pct, Aadhaar link a must: RBI
  • Warren Buffett bids goodbye to General Electric; dumps all stake in the iconic company
  • Anti-dumping duty likely on a chemical from Canada, China, EU
  • Alibaba to help SMEs expand their business to global markets
  • Revenue dept’s probes source of data on black money: Jaitley
  • Sensex climbs 322 pts as geo-political tensions recede
  • Tata Power’s Q1 output recorded at 12.4 bn units

Morning Business News Round Up_August 16,2017

Morning Business News :

  • China’s debt is on a dangerous trajectory, warns IMF
  • Swiss party opposes black money pact with India
  • UK to seek ‘temporary customs union’ after Brexit
  • JioPhone to hit sector, erode revenues: Voda to DoT
  • Government slaps $264 million penalty on RIL, BP
  • Wilful defaulters owe Rs 92K cr to PSU banks
  • Corporate earnings hit fresh roadblocks in Q1
  • Debt assets swell 32% to Rs 11 lakh cr amid easing of rates
  • Google to pay Apple $3 bn to remain default search engine on iOS devices
  • State-run EESL to procure 10K electric cars for various ministries
  • PAN deactivation jolt for tax evaders in stock market
  • TVS Motor acquires 24% stake in online marketplace RentOnGo

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  • Gold imports jump over 2-fold to $12.35 bn in Apr-July
  • Tata Global Beverages to launch Himalayan mineral water in US
  • ONGC eyes doubling gas production in 5-6 years
  • Paper sector capacity expansion hit by pulp wood shortage
  • Insolvency resolution proceedings delay Lanco Infratech Q1 results
  • 18 lakh people, Rs. 1.75 lakh cr deposits under scrutiny: PM
  • IDBI Bank still a prisoner discount cartier bracelet of bad loans as malaise deepens
  • Nearly 200 inactive LLPs face deregistration
  • NCLT admits Reliance Communications’s petition cartier nail bracelet replica
    for Aircel merger
  • Sebi in talks with other regulators to streamline pricing of corporate bonds
  • Carmakers say policy U-turns putting India plans out of gear
  • India’s real GDP growth to average at 7.4% over 2017, 2018: Deutsche Bank
  • Investments key to ensure growth in the country: Subba Rao
  • Sick PSUs cartier love bracelet replica closure have gone very well: Arvind Panagariya
  • Trade deficit in India falls to $11.5 bn as exports rise 3.9 pct
  • Life insurers’ new biz premium up 47% to Rs 20,428-cr in July
  • Fuel demand up 1% in July to 15.8 mt
  • RIL, BP to submit revised plan replica cartier love bracelets for KG-D6 gas finds
  • Sebi steps up surveillance on money laundering activities