Morning Business News Round up_January 22, 2016

Morning Business News :

  • Trai may propose increase in quantum of auction
  • ECB keeps rates unchanged at record low as expected
  • NSEL to pay Rs 1.66 cr fine in money laundering case
  • RBI allows banks to sell India Gold Coins

  • Vedanta pares down bond repurchase to $227 mn
  • RBI caps number of transactions on pensioners’ a/c
  • Adani may buy L&T’s Punjab power plant
  • Bankers finalize new owners for Electrosteel
  • Natco enters licensing agreement with Brystol-Myers Squib
  • Hindustan Zinc’s Q3 net slides 24%, Q4 output seen muted
  • Glenmark Pharma gets USFDA nod for two generic drugs
  • IOC doubles crude oil buy from Nigeria on term contract
  • Textile exports may cross $40 b this fiscal: Minister
  • NSE shareholders fear revamp plans may delay bourse’s listing
  • Reliance Capital in talks to divest stake in insurance biz
  • IndiGo posts 24% rise in profit at ₹657.3-crore
  • Citigroup’s slide in India M&A deals shows rise of local bankers
  • Sebi panel suggests reforms to grow alternative funds industry
  • Ratan Tata invests in baby products retailer FirstCry
  • CREO raises $3 million from Sequoia Capital, others
  • Sensex closes 100 points down on weak global cues, Nifty settles below 7,280
  • Idea Cellular Q3 profit dips marginally to Rs 764.21 cr
  • Tata’s JLR becomes UK’s largest car maker
  • Oil prices fall near 2003 lows on oversupply, demand worries
  • BSE market cap falls Rs 10 lakh cr in 2016 so far
  • Emerging markets lost $735b in 2015: IIF
  • Global stocks battered as oil pushes below $27
  • Small cells the future of telecom tower infrastructure

Today’s Wealth Mantra !

“This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.”

David Tepper

Demat_Offer

Morning Business News Round up_December 16, 2015

Morning Business News :

  • Fed Begins Two-Day Meeting To Decide On Rate Hike
  • Direct Tax Mop Up Shortfall To Be Rs 40Kcr This Fiscal
  • More Rate Cut By RBI Unlikely This Fiscal: India Ratings
  • Quoting PAN For Cash Payments Over Rs 2L Mandatory
  • Sebi Chief Asks Bankers To Promote Startup Listing
  • Nestle Moves SC Against Order On Maggi Samples
  • Welspun Group To Hive Off Yarn-Spinning Biz For Next Gen
  • Exports Fall For 12th Straight Month, Down 24.43% In Nov
  • LIC HFL To Acquire 19% Stake In LIC Nomura Mutual Fund AMC
  • ICRA Downgrades Outlook On United Bank Of India’s Rating To “Stable”
  • OPEC Expects Oil Prices To Rebound From $35 Per Barrel In A Year
  • Monetary Limit For Filing Appeals In Tax Cases Raised
  • Jaitley Appeals To Congress Leadership For GST Support
  • Indian Cos May Again Have To Pay Special $2,000 Fee On H-1B
  • Petronet To Offer Value-Added Services At Kochi Terminal
  • 80% Chance For Global Economic Recession In 2-3 Years: Birla Sun Life
  • Kenya To Roll Out Tax Incentives To Lure Investments
  • US Rate Hike May Pose Risks To Some Emerging Markets: Moody’s
  • Petrol Price Cut 50 Paise/Litre, Diesel 46 Paise/Litre
  • Softbank Venture Wins First Solar Power Project In India
  • Australia Court Rejects Bid To Stop Adani Coal Mine
  • L&T’s Infra Arm Receives Rs1,000 Crore From Canadian Pension Fund
  • General Motors India To Recall Over 1 Lakh Units Of Beat Diesel

  • Sensex Surges 170 Points Ahead Of US Fed Meet, Nifty Settles At 7,701
  • Paris Deal Window Dressing As India To Double Coal Production
  • General Electric Sells Japan Lending Unit For $4.8 Billion
  • Outflows To Go Up As Arab Swfs May Pull Out More: Credit Suisse
  • Rs 19k Cr Cleared For Amrut, Rs 250k Cr For 85 Smart Cities
  • Fortum To Light Up MP Village With Solar Energy
  • United Bank Seeks To Raise Up To Rs 1500 Cr Via Pref Issue
  • Natco Gets DCGI Nod To Launch Hepatitis C Drug In India
  • Dell Could Buy Back At Least $3b In Vmware Tracking Stock
  • Equity Mfs Give Investors An Edge Over Inflation

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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