- India to grow at 7.2 per cent in 2018-19: Government
- Bandhan Bank to acquire HDFC-led Gruh Finance
- Banks’ NPA level on the decline: RBI Governor
- Resolve issues over dues by Jan 11: SC to RCom, RJio
- Govt allows ONGC, OIL to induct foreign partner
- Funds to cut equity allocations in 2019: Blackrock
- Trade war ‘certainly’ hurting China economy: US official
- Highway labourer at par with construction worker after new wage norms
- RBI forms committee to look into issues of MSMEs, functioning of banks
- After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb
- MF equity assets only 4% of India’s GDP, lags global average of 35%: Report
- Essar Global Fund completes Rs 42,000 cr final debt tranche
- Centre eyes $600-m from Round II of OALP bids
- Corporates set to report lower revenue, profit growth in Q3
- Direct tax mop-up rises 14.1% to Rs 8.74 lakh cr during April-Dec 2018
- Lupin gets USFDA nod for generic schizophrenia drug
- US-based Ecolab sets up global digital centre in Bengaluru
- IL&FS Transportation defaults on dividend payment of Rs 7.12 cr
- HDFC is the biggest winner in Bandhan-Gruh Finance merger
- India takes over operations of part of Chabahar port in Iran
- KPMG special audit finds Reid & Taylor promoters defrauded firm of ₹3,524 crore
- Bitcoin pushes past $4,000 as technical gauge turns positive
- 15 airlines bid for 111 routes in third round of UDAN auction
- Elon Musk lays foundation of USD 7 billion Tesla plant in China
- Jet Airways in talks to defer or reduce payments to vendors as lenders push for revival plan by month-end
- Crude shocker can be rude shocks for economy: RBI economists
- Amazon emerges as most valuable US firm amid market turmoil
- Srei, Norway’s ECN in equipment import pact
- Rs 40,000 cr investment expected in OALP-II bid round
- To improve revenues, BSNL ties up with Eros for web content
- OVL acquisitions fail to augment energy security
- No decision on interim dividend yet: RBI
Tag: ONGC
Morning Business News Round Up_ Dec 24, 2018
- Huawei faces new setbacks in Europe’s telecom market
- Tata Motors assures UK PM May of JLR commitment
- China mulls new foreign investment law
- GST to consider 5% GST on under-construction homes
- Govt moots Rs 7,400 crore soft loan to sugar mills
- ONGC board thinks not the right time to list OVL
- Himachal Futuristic Communications wins L&T contract
- Increase e-Visa validity to 10 years to boost tourism: NITI Aayog
- FinMin’s Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger
- Shriram Transport to M&M Finance, volume dip deflates vehicle financiers
- IFC to back Lighthouse’s SPV to acquire stake in footwear firm Aqualite Ind
- MNC drug majors outshine Indian peers, draw investors’ attention
- GST Council’s announcements bring comfort: Industry bodies
- Maruti scouting for land in Haryana only to shift Gurgaon plant
- IT Alliance Australia plans to bring ₹600 cr FDI in 7 years
- NCLAT stays insolvency proceedings against Eastern Coalfields
- 10 Indian startups selected for Google News Initiative funding
- India Inc raises Rs 6 trillion from equity, debt markets in 2018
- Avoid cap on remuneration of independent directors: CII to govt
- Partial US government shutdown set to last through Christmas
- Pass on GST rate cuts or face withdrawal of benefits: Jaitley to businesses
- Petroleum products should be under GST, says Industry body
- Oil market likely to rebalance early 2019: OPEC ministers
- NMDC moved HC after exhausting all options in Karnataka: CMD Hyderabad
- Need to open up India’s dredging market to boost ports trade: NITI
- Public credit registry to become reality soon
- FPIs infuse Rs 1,332 crore in equity in three weeks
- MCA wing speeds up fraud detection
- SBI may raise Rs 12,000 cr overseas for PFC’s REC buy
Morning Business News Round up_November 05, 2015
Morning Business News :
- Moody’s downgrades VW due to emissions scandal
- Govt will unveil big power reforms in couple of days
- RBI issues operational guidelines for gold bonds
- 5% rise in indirect tax receipts a huge positive: FM
- Govt dismisses Moody’s report, calls it opinion of junior analyst
- India, US discuss measures to deepen capital mkts
- Alstom in major share buyback after GE deal
- Volkswagen fails emission tests in India, gets notice
- Banks step up pressure on Essar Group
- Bankruptcy panel submits report and draft law
- IDBI Bank to raise Rs 2,800 cr through a QIP offering
- Cairn-Vedanta merger now by June 2016, says Group firm
- Maggi noodles clears final tests, relaunch likely late November
- Vedanta Resources net loss widens in H1 FY16; halts dividend
- Rajan defends his speech calling for tolerance, mutual respect
- S. private sector adds 182,000 jobs in October
- Reliance Infrastructure to exit cement, roads businesses
- Tata Comm building world’s largest IoT network in India
- NSE extends waiver of processing fee for MF distributors
- Solar tariffs in India hit all-time low of Rs. 4.63
- Standard Chartered said seeking to sell Essar Global loans
- Godrej Properties Q2 profit jumps 127%
- United Spirits to sell French winery by November
- ONGC to buy into Adani-Welspun’s oil block off Mumbai coast
- India to remain fastest growing IT market in 2016, says Gartner
- Services sector growth hits 8-month high in October
- Cars, SUVs prices to rise by Rs 6,000 to over Rs 6 lakh in Delhi
- DLF Q2 net profit rises 21% to Rs 131.50 crore
- Call drops’ Re 1 penalty: Trai, telcos headed for fierce court battle
- Cognizant Q3 net grows 12% at $397 mn, raises revenue guidance
- Sebi unlikely to challenge SAT order on SRO issue
- IOC set to open more border routes to Nepal for supplies
- Ashok Leyland Q2 profit after tax up 137%
- France reaffirms 2b euros for 3 cities under smart city plan
- Bata reports Q2 PAT of Rs 54 cr, turnover at Rs 575 cr
- India has only 1% total retail sales in digital commerce
Morning Business News Round up_October 29, 2015
Morning Business News :
- India Among Top 10 In Total Individual Wealth Globally
- Infy, Wipro, Hcl, Tcs Struggle To Meet Nasscom’s Target
- Ongc To Start Cutting Costs As Oil Price Fall Hits Profit
- Govts To Raise $22bn From Carbon Pricing In 2015
- After Indigo’s Success, Goair Eyes Up To $150 Million Via IPO
- Sun Recalls Over 10l Boxes Of Allergy Drug In Us
- Carl Icahn Says Aig Should Split Into Three Cos
- Amtek Auto Seeks To Sell German Unit Tekfor: Sources
- Fed Sees ‘Moderate’ Pace Of Growth; Rates Unchanged
- OVL To Double Africa Investments To $16 Bn In 3 Years
- Diageo, Usl End Trademark Litigation On Black Label
- Novartis’ Generic Drug Arm Gets USFDA Warning Letter For Two Plants In India
- Hindustan Coca-Cola Takes Over Georgia Tea & Coffee Business In India
- Defence Unit At Tata Steel Gopalpur Park To Start Production In Feb
- Regulatory Reforms Can Lead To Substantial Benefits: Wb
- India’s Chemical Industry Set To Touch $214 Bn By 2019
- Textile Industry Appeals For Better Weightage To Domestic Market
- Emco Board Nod For Dubai Arm Establishment
- Tatas Join Uk Steel Industry To Petition Govt For Action
- Govt Said To Mull Higher Foreign Investment Cap For State Banks
- Indian Oil’s Paradip Refinery May Start Commercial Operations In March
- Jet Airways Q2 Profit Rises 25% To Rs87.59 Crore On Lower Fuel Prices
- Dabur India Q2 Profit Up 19% To Rs341 Crore
- Syndicate Bank Q2 Profit Rises 5.3% To Rs332.37 Crore
- Sensex Extends Losses For 3rd Day In A Row, Ends 214 Points Down, Nifty Settles At 8,171
- Psu Disinvestment Nets 71% Of Total Fund Raising In Apr-Sept
- Two Cci Members Order Fine On Jp Associates; Chairman, Others Overrule
- Maruti Suzuki Baleno Gets Over 4,600 Bookings Within 2 Days
- Arun Jaitley Must Revive Dtc, Reduce Income Tax Burden On Common Man
- Wipro Bags 5-Yr Deal From Coop Norge Handel
- Mf Investos Have To Give Info Under Fatca From Nov
- REC’s Rs 700-Cr Tax-Free Bonds Oversubscribed
- Future Generali To Raise Share In Health Segment
- Indian Real Estate Has To Be Ready For Automation
Morning Business News Round up_October 19, 2015
Morning Business News :
- FPIS Pour In Rs 17,000-Crore In Capital Markets In October
- ONGC Seeks Premium Pricing For Block In KG Basin
- Coal Block Lease Issues End; 10 Mines To Start Ops
- Govt Puts Stock Limits On Pulses By Big Retailers, Importers
- French Police Search VW Offices In Emissions Probe
- Forex Scam: Banks Face Sebi Scrutiny For Disclosure Lapses
- Government Seeks Industry Views On GST Provisions
- Amtek Set To Solve Debt Issue With Jpmorgan
- Centre Plugs Into Power Reforms To Recharge Distribution
- Indian Railways To Be Country’s Next Eco-Growth Engine
- Pension Regulator Seeks Govt Support To Widen Subscriber Base
- Lanco Wins Income Tax Case In Supreme Court
- 7,035 Wilful Defaulters Owe Rs 59,000 Cr To PSU Banks
- Reliance Jio To Share Rcom Spectrum In Seven Circles
- India Among Top 10 Acquirers In US Market This Year
- Maruti Mulls Offering Safety Package As Option In Mass Brands
- Jaitley Pledges A Friendly Tax Regime, 25% Corporate Tax
- Eyeing Consistency, CBDT Streamlines Transfer Pricing Norms
- IPO-Bound Profitable Indigo Has Negative Networth
- Bob Case: Court Extends Custody Of Four Accused By 6 Days
- India Drug Industry Says US-Led Trade Deal Will Raise Prices
- Cement Prices Drop In Delhi-NCR After Builders Allege Cartelization
- Reliance Industries Q2 Net Profit Rises 12.5% To Rs6,720 Crore, Beats Estimates
- Monsanto India JV Sues Eight Seed Companies
- Deutsche Bank Splits Investment Bank In Two As Part Of Overhaul
- Shoppers From Smaller Towns Drive Business During Amazon Sale
- Govt Seeks Views On New Guidelines For Solar Projects
- MTS Planning Rs 1 Lakh Accidental Insurance For New Customers
- MFS Roll Out E-KYC To Make It Easy For New Investors
- BSE To Trawl Social Media For Information On Listed Cos
- RIL Shifts Idle Cash To Mfs From Treasury
- Govt To Lower Stake In IDBI Bank To 49%
- REC Plans To Garner Rs 700 Cr Via Tax-Free Bonds
- China Re Raises $2b In HK IPO After Pricing Deal At Top
Morning Business News Round up_October 08, 2015
Morning Business News :
- Govt Plans To Seek Special Dividend From Top Psus To Meet Tax Deficit
- ‘China Faces Unprecedented Eco Policy Challenge’
- Moody’s Maintains US Credit Rating And Stable Outlook
- US Dollar Is Own Worst Enemy, Says London Hedge Fund
- Tea Board Enforcing PPC To Check Excess Use Of Chemicals
- RBI To Be Payment Aggregator For GST
- Sebi Steers Clear Of Fresh Probe In NSEL Scam
- Redington To Acquire Turkey Based Linkplus
- SC Refuses To Modify Order Restricting Use Of Aadhaar Cards
- Govt Should Allow FDI In Multi-Brand Through PPP: Assocham
- Insurance Regulator May Allow Long Term Products In Health
- Mercedes-Benz India Sales Up 34% In Jan-Sep Period
- India’s Solar Installations Set To Quadruple In Two Years
- Tesco Shows Signs Of Recovery After Profit Collapse
- BSE To Conduct PAN-Based Self-Trade Prevention Checks From Oct 12
- Indian Pharma Sector Likely To Achieve $55 Bn Turnover By 2020
- Additional Spectrum: Court To Pass Order On Charge On Oct 15
- Tata Steel UK’s Deficit In Pension Scheme Stands At $138 M
- IMF Warns Emerging Markets Of Risk From External Shocks
- Maharashtra Govt Orders Lavasa To Return 191 Acres Of Land To Tribals
- ONGC Boosts Spending As Exploration Costs Likely To Drop
- Volkswagen Halts Sale Of Polo Models In India
- 75% Of Jaypee Group’s Debt Has Default Rating
- ArcelorMittal Exits Algeria By Handing Over Stakes To Govt
- Sensex Jumps 103 Points Up On Global Cues, Strong Rupee, Nifty Settles At 8,177;
- Air India To Raise Rs 700-Cr Bank Loan To Pay For 6 Dreamliners
- Trucks Entering Delhi To Pay Environmental Tax: NGT
- PM Narendra Modi’s Make-In-India Plan Could Hurt IAF
- HC Restrains Glenmark From Business Of Anti-Diabetes Drugs
- ONGC, Cairn Seek Relief From High Crude Tax
- Punj Lloyd Enters Transmission, Distribution Segment
- Jubilant Life Gets USFDA Nod For Indomethacin Capsules
Morning Business News Round up_October 05, 2015
Morning Business News :
- ONGC To Seek Govt Help For $6-Bn KG Project
- Adani To Buy Welspun’s 2 Ready-To-Build Power Plants
- State Bank Of India To Charge Up To 10% For Home Loans
- Cabinet To Consider Rs 4.3 Lakh-Crore Loan Recast Of Discoms
- India Pledges To Increase Use Of Non-Fossil Fuels
- Indiabulls’s $1 Billion Issue Gets Shareholders’ Nod
- Center To Invite Bids For National Agri Market Platform
- Volkswagen India Sales Down After 7 Months Of Growth
- Lower Costs, Be Vigilant Of Risky Assets, Sebi Tells Amcs
- NMDC Slashes Iron Ore Rates By Over 50%; More Revision Likely
- New Gas Price Will Discourage Exploration: S&P
- RBI Likely To Go For Final 25 Bps Rate Cut In Feb: Bofa-ML
- NTPC May Sell Power To B’desh From Upcoming Assam Plant
- Transmission Of Interest Rates Cut Will Help Pick-Up In Consumption Demand
- Govt To Make PAN Card Must For Cash Transactions Beyond A Limit
- NSE To Launch Self-Trade Prevention System From Oct 12
- Lack Of Capital Affecting First Generation Entrepreneurs: SIDBI
- Switzerland To Publish 1st List Of Unclaimed Accounts In December
- Indian Banks Forced To Inject Funds Into UK Subsidiaries: Report
- HDFC Raises More Than Rs.10,000 Cr Through Issuance Of Securities
- Maruti Board Approves Pact With Suzuki Arm For Gujarat Plant
- Adani Ports Signs Pact With L&T Shipbuilding To Evaluate Kattupalli Port
- DLF Board To Meet On 8 October To Prepare Road Map For Rental Business
- Pending Tax Issues Will Be Referred To Shah Panel: CEA Arvind Subramanian
- Tata Steel Invests Rs 22K Crore In Odisha Project; To Start Operation Soon
- SC To Examine Essar’s Plea Against Rs 2,300-Cr Fine By DGVCL
- Regulatory Environment Key Risk For India’s Airport Sector: S&P
- Wary Of Risks, GAIL To Take 10 Pct Stake In TAPI Pipeline
Morning Business News Round up_September 16, 2015
Morning Business News :
- RBI Base Rate Calculation Norms May Help Monetary Policy: ICRA
- Govt To Pump Rs 70,000 Cr In Replacing Old Power Units
- 9 Biggest Banks To Form Blockchain Partnership
- Advance Tax From Steel, Banking Sectors Registers Fall
- Trade Data: Exports Fall 20.7 Per Cent Y/Y In August
- Fed Meets, Decision On Rate Hike Seems Like A Toss-Up
- SFIO Probes Fund Diversions By Kingfisher Airlines
- Tata Front Runner For GE Capital’s Stake In SBI Cards
- China Falls Drag World Stocks Back Into Red
- India’s FX Reserves Loss In August Fourth Highest Among Ems
- Everstone Closes Its Third Private Equity Fund At $730 Million
- Suvidhaa Acquires Mobile Pos Platform Aasaanpay
- ONGC To Complete 12 Projects Worth Rs 13K Cr By May 2016
- Orchid Pharma To Convert Rupee Term Loans To Foreign Currency Loans
- To Check Bad Loans, RBI For Cap On Lenders In A Consortium
- Industry Body Urges Centre To Re-Define Msmes
- Fertiliser Cos See Good Sales Growth In Kharif Season
- Corporate Agents Can Now Sell Policies Of Up To 3 Insurers
- Modi Asks Sri Lankan PM To Support Indian Investments In Infra, Energy
- Biocon Opens New Facility To Make Insulin Devices In India
- Npas Grew Faster Than Bank Credit During 2011-15: RBI
- Infosys To Announce Q2 Results On 12 October
- Sebi Asks Mfs To Explain Corporate Bond Investments
- IDFC Alternatives To Buy Operational Road Projects
- Finance Ministry Falls Short On Promised Contribution To EPS
- India Acquiring Energy Assets Through The Oil Price Roller Coaster
- Sensex Ends 151 Pts Down On Caution Ahead Of US Fed Meet, Nifty Settles At 7,829
- Expecting Quick Reforms In India Unrealistic: US Official
- Reliance Jio Launches Unlimited Free Wi-Fi At Select Places In Mumbai
- Govt Cuts Import Tariff On Gold, Silver
- India Home To 1.98 Lakh Millionaires; 11th Largest Globally
- Govt Looks To Settle `3L Cr Combined Discom Debts
- Vedanta-Cairn India Merger Gets Go Ahead From Bourses
- ING Merger Will Boost Kotak Life’s Bancassurance Business
- IOC To Invest Rs 1.75 Trillion Over 7 Years
- TAM Acquires Thai Electronics Brand Abaz World
- Fis Allowed To Invest Through Partly Paid Shares
Morning Business News Round up_August 31, 2015
Morning Business News :
- China Fears Linger As Focus On Fed’s Rate Hike Sharpens
- Land Acquisition Ordinance Lapse Setback To Reforms: Assocham
- RBI On Wait-And-Watch Mode On Interest Rates Cut: Raguram Rajan
- Corrupt Banking System Creates Mountain Of Bad Loans
- MMTC Looking For Investors To Sell Its Stake In ICEX
- Give Banks Priority Sector Lending Benefit To Boost Gold Monetisation: WGC
- Monetary Policy Panel Appointments: Finmin, RBI Agree On Key Change
- Rajan Hints At Rate Cut, Says Inflation Down Quicker Than Expected
- Sebi Wants Companies To Adopt ‘Dividend Distribution Policy’
- Payments Banks Rs 14,00,000 Cr Bonanza For Infra Sector
- GMR Plans To Export Power From Its Nepal Plants To Bangladesh
- ONGC, Partners To Invest $24 Bn In Mozambique Gas Field
- Govt Mulls 2-Kg LPG Cylinders; Starts E-Booking For Connections
- SEBI To Review Surveillance Systems; Fast-Track Enforcements
- Sun Pharma, Wockhardt Recall Drugs From US Market
- Govt To Finalise Gas Pricing Formula Soon
- Maharashtra Govt To Buy Back Kolhapur Proj From IRB Infra
- Majority Of Unions Reject Govt Appeal To Call Off Sept 2 Strike
- Govt Not To Go Ahead With OIL Stake Sale Soon
- Infosys Gets Govt Nod For 3 More Campuses In Bengaluru
- Aditya Birla Group’s Revenue Crosses Rs2.5 Lakh Crore; Up 9%
- Lower Crude Oil Price Gives Lubricants A Smoother Ride
- No Plan To Buy Jaypee’s Bhilai Cement Unit, Says Ultratech
- Indian Oil Plans $2.4 Billion Ethanol Investment
- Immigration Shift In US Shows India, China Outpacing Mexico
- Indian Pharma Industry Capable Of Discovering New Drugs: Sun Pharma
- FDI In Services Sector Dips 14% In April-June Quarter
- Nine Top-Valued Sensex Companies See Rs 93,000 Crore M-Cap Erosion
- Bharti Airtel, Idea Cellular Hike Post-Paid Data Tariffs By 20% In Delhi
- Tata’s Revenue Rises To $108.8b; Headcount Cross
Morning Business News Round up_August 26, 2015
Morning Business News :
- No Basis For Continued Yuan Downturn: China Premier
- Global Market Turmoil A Big Opportunity To Grow: FM
- Government To Infuse Rs 5,393 Crore In SBI
- Majority In RBI’s Advisory Panel Favoured Rate Cut In August
- ONGC Seeks Extension To Explore Vietnam Oil Block
- Govt To Name ‘Systemically Important’ Banks Soon: RBI
- Cabinet Note Moved On Monetary Policy Panel
- China Cuts Rates, Reserve Ratio After Stocks Plummet Again
- Government Pushes For GST But Gets Little Comfort
- Rana Kapoor Gets Fresh 3-Year Term As Yes Bank Chief
- India In Strong Position To Overtake Chinese Quicker: Subramanian Swamy
- Bosch & Siemens Aims To Consolidate In India
- L&T Wins Orders Worth Rs 1,563 Cr In July & August
- Japan Ready To Act If Needed To Quell Market Swings
- NSE Harnesses Wind Energy For Captive Power Usage
- China Says Will Crack Down On Underground Banks, Stem Capital Flight
- US Envoy Calls For Joint Efforts To Ensure Food Security
- MCX Inks Pact With GIFT City To Set Up Intl Exchange
- Sadbhav Infrastructure IPO Opens On Aug 31
- Global Stocks, Dollar Rise After China Cuts Rates
- India Ranks 9th In Brookings Financial Inclusion Scorecard
- Home Sizes Shrink In Urban India; Mumbai Sees 26.4% Fall In 5 Years
- Debt-Laden Companies Sink In The Turmoil
- Jain Irrigation To Sell Food Unit To Its Subsidiary
- PNB, IDBI Not To Sell Bad Loans To Arcs
- Sensex Snaps 3-Day Losing Streak, Closes 291 Points Up
- Global Economy Not At Risk Of Recession Despite China Weakness: Goldman Sachs
- SBI Chief Does Payment Banks U-Turn, Sees ‘Opportunity’
- ITC Denies Receiving Notice From UP Government On Excess Lead In Yippee Noodles
- Britain To Crack Down On Illegal Working By Migrants
- RBI Rate Cut Hinges On Yuan Devaluation, Fed Action
- Stock Rout Costs China’s Richest Man $3.6b In One Day