Tag: Quikr

Morning Business News :

• IMF approves yuan for benchmark currency
• India’s GDP growth at 7.4%: Experts’ take
• April-Oct fiscal deficit touches 74% of full-year target
• Morgan Stanley to cut up to 25% of fixed-income jobs
• Manappuram Finance to raise Rs 2,000 crore via NCDs
• Natco shareholders approve amalgamation of subsidiary with company
• European shares gain as prospect of ECB boost helps carmakers
• Pidilite Industries buys some assets of CIC Holdings
• Emami to hike paperboard investment to Rs 2,000 crore in 3 years
• Non-banking finance companies step in to fill the void, lend more to SMEs
• Cipla ready to launch low dose HIV drug ‘Efavirenz’
• McDowell Holdings’ pledged stake in UBL falls to 3.02 per cent
• Kwality starts product sale under brand name ‘Kwality’
• Petrol price cut by 58 paise, diesel price by 25 paise
• Airtel to invest Rs60,000 crore over 3 years to upgrade network
• RBI unlikely to act on policy rate till Union Budget
• Nestle resumes Maggi noodles production at all five plants in India
• Maruti Suzuki plans land acquisition subsidiary for new dealerships
• Transporting coal via waterways can save govt Rs10,000 cr annually: Nitin
• Bookmyshow eyes $4 million in ad sales

• Small NBFCs plan to build sales teams to draw customers
• HDFC to list masala bonds in London
• Relief for Adani Power in additional SEZ tax case
• Bad loans may rise for Shriram Transport Finance
• Smaller infra companies reward investors as larger rivals struggle
• Small NBFCs plan to build sales teams to draw customers
• RIL faces 40% cut in marketing margin on KG-D6 gas
• With Jio launch near, Airtel to spend ₹60,000 cr on network
• SEBI outlines new listing norms for exchanges
• Quikr set to buy Commonfloor for $200 million
• Euro Zone banking on Draghi to spur economy
• Plea for ban on Volkswagen vehicles’ sale: NGT notice to Centre
• Tata Motors set to launch new hatchback Zica in 2016
• Dr Lal Pathlabs IPO opens next week for its Rs6.4bn IPO
• Softbank leads $120 m funding in Grofers
• Volvo to use FAME India scheme for hybrid bus
• IDBI Bank stock soars on reports of IFC picking up stake
• MFs exposure to bank stocks hits record high of Rs. 85,376 cr
• Rajesh Exports bags export order worth Rs. 1,122 cr
• Subex allots over 1.86 crore shares upon bond conversion
• RBI eases norms for accessing foreign loans
• Defence & Aerosupply conclave begins in Hyderabad
• States want NITI Aayog to be a knowledge disseminating body
• Port at Thane Creek in 3 months
• Miles to go for Essar, Rosneft deal
• Aircel bullish on data, launches new packs

• Cochin Shipyard IPO set to sail well
• Listing norm breach may lead to freezing of promoter holding
• Indian firms line up for Welspun’s green projects
• Smallcap index outperform Sensex, midcap second straight month

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch