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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
- 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 :
- 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
- 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
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- 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
Morning Business News :
- Airtel may sell 3.7% stake in Bharti Infra for Rs 2500 cr
- Bankers review progress of 12 large NPA accounts
- PSU banks write off Rs 2.49 lakh cr of loans in 5 yrs
- Iron ore worth Rs 1,900 cr illegally extracted: CAG
- Eros in talks with Apple to sell its content library
- ONGC to pump $150 mn in Colombia, Kazakh & B’desh
- Note ban, GST make a dent in smartphone shipments
- Irdai directs LIC to reduce stakes in L&T, ITC to 15% by Dec 2018
- Sebi mulls extending derivatives market timing
- GIC Re files for IPO; might raise Rs 6,000 cr
- Tata Steel swings back to profit in Q1 at Rs 921 cr
- Zero tax certification for foreign remittances under I-T lens
- Govt may impose anti-dumping duty of $452 a tonne on certain Chinese tyres
- Idea-Vodafone deal gets conditional nod from SEBI, bourses
- SUVs, luxury cars to cost more as GST cess hiked to 25%
- Govt annuls fifth round of coal mines auction on tepid response
- SAT puts off hearing on IRDAI-Sahara Life to August 10
- IRDAI working with govt to create a simple platform for KYC
- Vodafone-Idea merger gets conditional nod from Sebi, exchanges
- July sovereign gold bonds to start trading from Tuesday
- Global investors line up for stake in Bhushan Steel
- Bank of India to raise up to Rs626 crore via STCI Finance stake sale
- Reliance Jio’s plea on Airtel ads on internet speeds dismissed
- GAIL seeks reworking of US LNG price deal
- Exporters facing difficulties in GST transition period: EEPC
- Air India disinvestment: Government to float request for proposal for merchant bankers
- Securitisation market volume clips past $1.02 trillion in FY17
- RBI appears more tolerant of currency strength
- Trai plans to brush up Net speed testing methodologies
- DeMo effect: ITR filings for 2016-17 grow 25% to 2.82 cr
- Government asks Basmati exporters to conform to EU pesticide standards
Morning Business News :
- GST rollout has been smooth: Arun Jaitley
- Mukesh Ambani’s plan to make RIL most innovative co
- Air India stake sale: Parl panel to hear govt views
- Modi’s black money drive gets a big Swiss fillip
- Eros, Apple explore mega $1-billion content sale
- Srei Group likely to have sold stake in Viom for loss
- Lenders meet today to review insolvency cases
- MobiKwik eyes raising $100 million in funding this year
- Sebi plans to beef up cyber security, hire advisor to tackle tech glitches
- CCL gets green nod for Rs 1,538-cr Konar mine expansion
- UK ready to pay up to 40 bn euros to leave European Union: Report
- UK-based Liberty House sends plan on ABG Shipyard to NCLT
- India’s LNG shipbuilding plans run aground
- Bank unions call for all-India strike on Aug 22
- Regulations in auto sector still evolving in India, says McKinsey
- Calls for rate reviews for 150 items with GST Council
- TRAI, app firms to deliberate on speed testing methodologies
- Nifty may double within 3-4 years: Mark Mobius
- 12 PSU banks firming plans to raise funds from markets
- Switzerland finds India’s data security laws adequate for auto-sharing bank info
- NTPC seeks licence to set up charging stations for electric vehicles
- ICEX likely to launch diamond futures trading by August-end
- US municipal bond sales fall, on course for long-term supply drop
- Consensus on SAIL, ArcelorMittal JV deal likely in 2 months: Niti Aayog
- Hindustan Zinc to become fully underground mining company by FY19
- SBI, ONGC, IOC part of new ETF
- Govt to sell up to 25% stake in 4 defence PSUs via IPO
Morning Business News :
- After Essar, banks now set eye on Videocon’s Rs 43k cr debt default
- Bad loan: RBI to take up more cases, says Jaitley
- Infy to buy customer experience studio for £7.5 mn
- Lok Sabha passes 2 bills extending CGST, IGST to J&K
- No NOC to old vehicles if states don’t comply: NGT
- Oil majors gushing in cash despite cheap crude
- Amazon, Grofers get govt nod for Rs 3,700 cr FDI in food retail
- NSE meets shareholders, looks to list by March 2018
- IOC Q1 net down 45% to Rs 4,549 cr, GRM more than halves to $4.32
- Govt raises Rs 327 cr from Hindustan Copper share sale
- Chocolate mithais to attract 5% GST, govt clarifies
- Cochin Shipyard IPO subscribed 76 times
- SEBI panel to study use of fintech solutions for securities market
- Lok Sabha passes Bill to replace NPA Ordinance
- Lupin gets USFDA nod for cholesterol-lowering drug
- Businesses can start filing July returns on GSTN from Aug 5
- Interest rates to gradually become reasonable: Jaitley
- Banks may need 20% incremental provisioning for 50 large NPAs’
- Oil companies hike fuel pump dealers’ commissions
- SBI to mobilise Rs2,000 crore via Basel-III bonds
- Cognizant profit rises 86% to $470 million, revises annual revenue guidance
- Jio interconnection: Delhi HC seeks DoT view on Trai suggestion to penalise Idea Cellular
- RCom-Aircel merger needs Supreme Court nod: Telecom dept
- FDI in textiles doubled to $619 million in 2016-17
- Kalyani Group opens missile making unit with Israel’s Rafael Advanced Defence System
- Services sector contracts by most in 4 years on GST woes: PMI
- Central bank flags poor transmission of past rate cuts through MCLRs
- Indian Oil Corporation steps up crude oil import from US
- Govt drafting central law to deal with chit fund schemes: FM
- FM defends SBI decision to cut saving account interest rate
- RBI to set up task force on public credit registry
Morning Business News :
- Why expats in India and NRIs may end up in tax trouble without UID
- National Company Law Tribunal approves Dish TV-Videocon D2h merger
- GST weighs down on global FMCG cos’ performance, but most welcome move
- Vedanta sees golden opportunity to buy Deccan Gold Mines
- Government may prefer another airline as Air India buyer
- Ruias strike complex royalty deal with new owners of Essar Oil
- Advent International buys significant stake in Dixcy Textiles
- Franchisees scale down operations amid competition from online rivals
- ‘Running against time’ to close Aircel deal: Reliance Communications to NCLT
- Anti-trust body raps Trai for stepping into its turf
- FDI in food processing jumps 43% in FY17 to $727 million
- No plans to make Aadhaar mandatory for air tickets: Government to MPs
- Dr Reddy’s forms commercialisation pact with CHD Bioscience
- Competition Commission cartier love bracelet of India raps telecom regulator for stepping into its turf
- L&T Finance junks stake-sale plan for mutual fund arm, eyes IPO
- Indian pharma gets US FDA booster dose
- L&T results: Street to watch out for order inflows, likely impact of GST
- GST, rising input costs hurt Maruti Q1 numbers
- Stake sale by ONGC, govt key overhangs for IOC
- PVR, Inox callingallcakes.org book profits in Q1 despite Bollywood duds
- RJio impact: Idea posts third consecutive quarterly loss
- Insolvency: NCLT reserves order against ABG Shipyard bracelet replica cartier filed by ICICI bank
- Axis-FreeCharge deal to ignite hopes of turnaround: Snapdeal’s Kunal Bahl
- Jindal Poly’s acquisition of ExxonMobil’s films division under cartier nail bracelet for men
SEBI scanner
- Mylan Pharmaceuticals launches hepatitis C drug
- Turf war rages between CCI and TRAI over telecom tariffs
- Aditya Birla Fashion Q1 net loss shrinks to Rs 20 cr
- MRPL plans to set up desalination plant
- Premier Solar sets up 200 MW solar module facility in Telangana
- Jindal Poly’s acquisition of ExxonMobil’s films division under SEBI scanner
- Maruti Suzuki: Good volume growth, margin pressures
- Exide sees business getting charged with GST rollout
- Abbott looks to set up a virus surveillance centre in India
- NLC to acquire DVC’s Ragunathpur Thermal Power plant
- ONGC says not liable to pay $1.57 billion dues to govt till litigation ends
- Why Idea Cellular’s in-line Q1 results provide no succour
- Exide looks to start making batteries for electric vehicles
- Farmers await crop insurance payout, 55% claims pending
- CCI to Trai: Consult us on predatory pricing issues
- Telecom firms take merger route to counter Reliance Jio onslaught
Morning Business News :
- Large state-run banks may be added to ETF bag
- Sebi may ask cos to keep bourses in loop on defaults
- 10 public sector banks have submitted turnaround plans
- 133 cos owe over Rs 3,39,704 cr to exchequer: Jaitley
- India ‘abusing’ trade remedy measures: China
- Sahara chief asked to deposit Rs 1,500 cr by Sept 7
- Niti Aayog cites ‘fragile finances’ for AI divestment
- Airtel, Voda face bigger threat from Google, FB than Jio
- LIC to offload excess stake in firms in 2 years
- Tata Steel to consider take over cartier bracelets of firms at NCLT
- Bharti Airtel Q1 net takes massive 75% hit on Jio impact
- Bhushan Steel’s market share, big customers attractive bet for JSW Steel
- Axis Bank cartier double bracelet
June quarter net profit falls 16% to Rs 1,360 cr
- Vodafone, Idea CEOs expect merger to be completed in 2018
- Sebi asks commodity bourses to identify ‘sensitive’ agricultural products
- Power discom dues down by half since June last
- Over 7 lakh new registrations under GST: Adhia
- Vedanta Q1 consolidated profit more than doubles
- US footwear major Skechers steps into apparel, accessories
- Cochin Shipyard’s Rs. 1,470-cr IPO opens replica cartier on August 1
- Unichem Labs gets USFDA nod for hypertension drug
- RBI stops printing Rs 2000 notes, focus turns to new Rs 200 notes
- Hero MotoCorp Q1 profit rises 3.5% on higher sales
- Amtek Auto bankruptcy case admitted by NCLT Chandigarh bench
- PSU banks plan capital raising amid NPA clean-up
- HDFC Bank’s impeccable asset quality gets a farm loan waiver blow
- RBI processing old notes to verify numerical accuracy, says Arun Jaitley
- GlaxoSmithKline Q1 net profit dives 63 per cent to Rs 26 crore
- GST reduced taxes for commodities consumed by weaker section
- India will need $4.5 tn by 2040 for infrastructure: Report
- Sensex hits fresh peak of 32,135.91; Nifty at 9,939.30
- KKR to buy WebMD in $2.8 billion deal
- Govt sets up expert panel to script cartier nail bracelet for men
a turnaround story for Sail
- Nifty gets a helping hand from key sectors
- KKR to buy WebMD in $2.8 billion deal
Morning Business News :
- ITC increases prices of cigarette by 4-8% as a result of higher tax
- Amtek Auto says insolvency proceedings accepted by NCLT
- Reckitt Benckiser CEO Rakesh Kapoor says GST spurring volatility
- IL&FS’ PE arm to raise $1 bn infrastructure fund from pension funds in Japan, South Korea
- Why rejig of financial year could upset your tax planning
- Subrata Roy seeks time from Irda to turnaround Sahara Life Insurance
- PwC cooked books, evaded tax and broke laws: Ex-CFO
- Banks may cut UPI charges for merchants
- Govt mulls LPG-like subsidy transfer for PDS foodgrain
- Banks lost Rs 88,553/hour to cybercrime in last 3 yrs
- Farm loans form 60 per cent of new NPAs: HDFC Bank
- Goldman to ramp up campus hiring of engineers by 30 per cent
- CCI gives unconditional nod to Vodafone-Idea merger
- Fashion and lifestyle brands want their share of GST gains from dept chains
- Bharti Airtel chairman Sunil Mittal urges Trai to veto ‘bill & keep,’ maintain IUC
- Nitin Gadkari says driverless cars won’t be allowed in India, plans app to rival Ola, Uber
- Mahindra & Mahindra evinces interest in Punjab, may invest in electric vehicles
- Insolvency not the best solution to alleviate NPA pain: HDFC Bank’s Aditya Puri
- mjunction to build platform for oil sector bidding
- JSW Energy may call off buying Bina Power, puts Toshiba, JV in cold storage
- GCPL eyes 10% share of professional hair care market in next two and a half years
- FSSAI mulling pictorial warning on liquor bottles
- Distribution companies want to rework pacts as solar tariffs hit new low
- UPL explores bid for Platform Specialty agrochem unit: Sources
- Roche, Emcure may end pact to make 2 blockbuster drugs
- Lupin receives US FDA approval for anti-inflammatory topical solution
- Strides Shasun gets USFDA nod for anti-allergy capsules
- Zee Entertainment completes acquisition of India Webportal
- Competition Commission of India clears Vodafone-Idea merger
- Air India seats available for 144 flyers, but airline books 194
- Govt panel for sops to ease financial stress in telecom sector
- GST: Reduced rates yet to bring cheer to retail car sales
- TCS’ iON takes digital learning marketplace abroad
- HPCL to retain its brand identity post ONGC deal, says Pradhan
- Small shareholders demand seat at Alembic board
- ONGC, OIL push crude oil output up by 0.24%, natural gas by 4%
- Moody’s downgrades IOB, Central Bank
- EIL’s Rs 658.80-crore share buyback to open on July 25
- With GST, supply chain can become more efficient’
- Ashok Leyland wins Rs. 650-cr order from Karnataka RTC
- With Ducati, Bajaj Auto will reaffirm global goal in bikes
- Post-GST, hosiery majors gear up with higher ad spends
- After KKR deal, Radiant eyes hospital buys worth ₹1,500 cr
- ‘Ceramic tiles industry to witness nearly 9% demand growth this year’
- Lupin gets USFDA nod to market solution for skin conditions
- SIS India sets IPO band at Rs. 805-815
- JioPhone may force Airtel, Vodafone, Idea to focus on bundled plans
- IMF keeps India GDP growth forecast unchanged at 7.2% for 2017-18
- Resolving Air India debt priority of aviation ministry
- Wipro Ventures invests in venture capital fund Work-Bench
- Do D-Mart results justify its stratospheric valuations?
- ABB India: Many a slip between the cup and the lip
- World oil demand could peak in 2024 on higher vehicle efficiency: Goldman Sachs report
- Ashok Leyland: Weak sales, rising costs squeeze operating margin
Morning Business News :
- Nirma eyes world’s 4th largest soda ash producer
- NSE IFSC to launch F&O contracts in Apple, Alibaba
- Saudi Arabia’s new trick is turning off the US oil tap
- ONGC not to make open offer post HPCL acquisition
- India launches R&D facility for high-end fuels, gas
- MPC members to get Rs 1.5 lakh per meet
- PEs build $4-billion war chest for bad assets
- USFDA observations ‘unmistakably’ beneficial in long run: Dr Reddy’s
- Banks to meet expert panel on farm loan waiver on July 25
- India-Africa trade may touch $117 bn by 2020-21: Report
- Ashok Leyland reaches highest market share ever in Q1 at 34.7%
- RIL sees Reliance Retail, Jio as hyper growth platforms
- EIL’s Rs 658.80-crore share buyback to open on July 25
- TRAI to begin consultation on mobile apps seeking user data
- Parliamentary finance panel chief Moily for change in fiscal to Jan—Dec
- 26 CAs under lens amid shell cos crackdown
- Undue profit of over Rs. 1 cr to come under GST authority’s lens
- Wipro has invested heavily in data: CEO Neemuchwala
- Launching Rs200 note will fill missing middle: SBI report
- India likely to clock 7.5% growth this fiscal, says Arvind Panagariya
- JSW Energy to focus on profitability, not costly acquisitions
- Tata Sons will definitely prune the portfolio: chairman Natarajan Chandrasekaran
- Canara Bank-led consortium seeks buyer for 270 MW power plant in Maharashtra
- Mumbai, Kolkata, other major ports incur over Rs 53 cr loss: CAG
- Despite 21% jump in NPAs in FY17, lenders lap up edu loans
- Vijaya Bank Q1 net jumps over 57% to Rs 255 crore
- Reliance Industries pays 6 % more to buy own gas
- DeMo, GST to widen tax base, make cash dealing difficult: FM
- Data protection integral to Right to Life: Centre to SC
- China cashing out as mobile payments soar
- I-T to sell 9.8% Cairn Energy stake in Indian subsidiary
Morning Business News :
- Power plants without registration no. can’t sell to grid’
- RIL picks up 25% in Balaji Telefilms for Rs 413 cr
- Reliance Jio launches Rs 20,000 crore rights issue
- Close to finalising a promising alliance: Bajaj Auto
- NSE files application with Sebi on co-location issue
- Cement demand growth likely to recover by 5%
- PwC to acquire M&A tax team of BMR Advisors
- RIL Q1 profit up 8.6% at Rs 8,196 cr; GRM at $11.9 per bbl
- Volumes challenging in India due to GST, says Unilever
- Videocon Telecom forays into eKYC business, eyes Rs 100 crore in 2 years
- Sebi might cut listing time to 3 days from IPO, against 6 days at present
- European Central Bank keeps easy money stance despite better growth
- ONGC board yet to decide how to fund HPCL stake buy
- ADB sees improved growth prospects for Developing Asia
- Justdial board to take up share buyback next week
- Royal Enfield to boost motorcycle capacity to 8.25 lakh units
- Eros Worldwide sells 3.61% stake in Eros International
- Rakesh Jhunjhunwala buys 1.3% stake in Jubilant Life Sci.
- Sugar rules flat on routine demand and supply
- LIC may hike stock market investments to Rs4 tr in 2017-18
- ABG Shipyard agrees to insolvency proceedings
- JSW Group keen on acquiring troubled steel firms: P Jindal
- Tata sounds out government on Air India disinvestment
- Arun Jaitley to launch pension scheme with 8% fixed rate
- RBL Bank Q1 net rises 45% to Rs141cr on interest income
- IMF urges Mozambique to address debt audit concerns
- Coal bearing states get Rs 3,653 crores from mines allocation
- Rajya Sabha MPs concerned over anti-GST protests by textile industry
- Trai in undue haste to decide on IUC: COAI
- Airtel, Vodafone say rural telecom to suffer at nil IUC, Jio differs
- Bajaj-KTM finalising deal to buy out Ducati
- Govt to launch pension plan with 8% fixed rate
- Wipro announces Rs 11,000-crore share buyback
- Metals shine on rising Chinese demand
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