Morning Business News Round up_September 04, 2015

Morning Business News :

  • India Will Continue To Outperform Peers: Atsi Sheth, Moody’s
  • India Loses Rs 2 Tn Annually To Corrosion Of Infra
  • Shrinking US Trade Gap Shows Economy’s Strength
  • RBI’s New Base Rate Norms To Hit Bank Profitability: Crisil
  • Decline In Exports “Pulled Down” GDP Growth By 3%: FIEO
  • IREDA Plans To Raise Rs 600 Cr Via Tax-Free Bonds
  • Cipla Set To Buy Hetero’s US Ops For $550 Million
  • Airlines Drag Govt To Court Over Ground-Handling Fiat
  • Govt To Give Priority To Infra Development: Nirmala
  • UAE Government Keen To Invest In India
  • RBI Will Consider Deflation While Deciding Interest Rates: Jayant Sinha
  • CBDT Asks Officials Not To Pursue Pending MAT Cases
  • Pre-Payment Issuers Petition RBI On Payments Bank Licence Issue
  • Novartis Makes History With US Launch Of Biosimilar Drug
  • Goa Iron Ore Miners Grapple With High Taxation, Lower Ore Prices
  • NSE Enters Into Mou With Stock Exchange Of Mauritius

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  • IRB Infra In Pact With NHAI For Rs. 2,650 Cr Road Project
  • Hero Cycles Bags Order For 7.5 Lakh Bicycles From West Bengal
  • Corp Bond Private Placement Hits 4-Month High At Rs. 46K Cr
  • Hedge Funds Adopt A Go-Slow Approach On Indian Start-Ups
  • NPS Managers Can Actively Manage Equity Funds: PFRDA
  • India’s Economy Will Achieve 8-8.5% Growth Rate: Pranab Mukherjee
  • RIL, ONGC Face 14% Cut In Natural Gas Price
  • Suzuki Chairman Tells Indian Vendors To Stop Investing In Hotels, Leisure
  • Coal Ministry Seeks Exemption From Forest Clearances
  • Sensex Snaps 3-Day Losing Streak, Closes 311 Points Up, Nifty Settles Above 7,800
  • Empower Retail Investor To Curb Mis-Selling: Panel
  • Green Fund To Transform 96,000 Km Nhs Into Green Corridor
  • Swiss Banks Moving ‘Full Speed’ On Automatic Tax Info Exchange
  • Govt To Pay State Traders Rs 113 Cr For Import Losses
  • Govt To Invest Rs 8.5 Lakh Cr In Railway

 

Morning Business News Round up_September 03, 2015

Morning Business News :

  • India among top 5 sovereign EM debt issuers: Moody’s
  • OPEC oil output in Aug falls on Iraq disruption
  • FMC to be merged with Sebi from September 28
  • Jet Airways to merge its weak-performing arm Jet Lite
  • Fed missed rate-hike opportunity: Bill GrossNext
  • 12 mths to be challenging for realtors: Moody’s
  • Cabinet okays revenue sharing for oil & gas
  • Singapore wealth fund GIC to invest $300 mn in DLF projects
  • UP sugar mills to get booster shot of Rs 3,200 cr
  • Indian banks face broader capital challenges, says Fitch
  • Last date for e-filing of I-T return extended to Sept 7
  • Tata Motors’ Sanand plant to roll out first non-Nano model in December
  • Snapdeal acquires Silicon Valley startup Reduce Data

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  • India seeks WTO members’ views on steel import norm
  • European Commission approves Shell’s purchase of BG Group
  • India’s wind energy potential estimated at 302 GW
  • CLB adjourns hearing on Financial Tech case to Sept 8
  • PTC India seeks shareholders’ nod to pay 22% dividend
  • Foxconn plans spend up to $1 billion on India start-ups
  • Welcome to quantitative tightening as $12 trillion reserves fall
  • Jim Rogers exits India, says one can’t invest just on hope
  • $250 billion opportunity to invest in renewables: Piyush Goyal
  • India is on an extremely slow path to economic recovery: Report
  • Sensex falls for 3rd day in a row, ends 243 points down, Nifty closes at 7,717
  • Oil prices extend losses on US oil inventory, manufacturing data
  • Cabinet clears extension of compensation part of Land Act to 13 other central laws
  • SAIL to spend Rs 7,500 cr on modernisation, expansion
  • RBI’s new base rate formula to push banks to cut rates more
  • Hedge funds slip as markets plumb new depths in August
  • PFRDA asks intermediaries to comply with FATCA rules
  • Monsoon deficit not to impact sales, says Tata Motors

 

Morning Business News Round up_September 02, 2015

Morning Business News :

  • Huge Relief For Fiis:Gov Not To Levy Mat Prior To April 1,2015
  • Essar Controlled Ltl, Facts Misrepresented: Cbi
  • Govt Extends Deadline For Bids To Manage Cil’s 10% Stake Sale
  • Sebi Seeks Public Comments To Reset Clearing Corporation Norms
  • Sept Is Historically The Stock Market’s Worst Month
  • Govt Raises Import Tariff On Gold To $369 Per 10 Grams
  • Us Markets More Attractive Than India’s
  • China, Gdp Data Spook Markets
  • Provide Subsidy To Farmers Directly, Rbi Tells Govt
  • 2015 El Nino Is The Strongest Since 1997-98
  • Adani Group Wins 50 Mw Solar Power Plant In Up
  • Fitch Cuts Viability Rating For Pnb, Warns Idbi Vulnerable To Downgrade
  • Oil Falls 3% On Weak China Factory Data
  • Fitch Affirms Ratings On Nine Indian Banks
  • Maruti Sales Up 9% At 1.06 Lakh Units In August
  • Mahindra & Mahindra Sales Up 1.29% In August
  • L&T Wins Rs. 1,070-Cr Contract In Saudi Arabia
  • Western Disturbance May Stop Monsoon-On-Retreat
  • Oil Companies Slash Jet Fuel Price By 11.7%
  • Global Growth Likely To Be Weaker Than Expected, Says Imf Chief
  • Banks Must Move To Marginal Cost For New Base Lending Rate: Rbi

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  • Global Funds Eyeing Infra Assets, Betting On Govt Push For Growth
  • Ultratech Seeks Clarification From Govt On Cement Assets Deal With Jaypee
  • Sensex Ends 587 Points Down At 25,696 On Weak Gdp Data, Global Cues; Nifty Closes At 7,786
  • Alstom Lowest Bidder In Indian Railways Locomotives Project
  • Dlf Gets Shareholders Nod To Raise Up To Rs 7,500 Cr
  • Jindal Steel Shutting Down Coal Mine In Australia
  • Bank Stocks Fall On Net Interest Margins Worries
  • Factory Output Growth Slips; All Eyes On Rbi For Rate Cut
  • Sebi Takes Actions Against Unauthorised Investment Schemes
  • Consumers In India ‘Extremely Optimistic’ About Eco Prospects: Survey
  • Tata Group Exits Taj Palace Hotel, Dubai
  • Sun Pharma Completes Acquisition Of Gsk Australia Opiates Biz

 

Morning Business News Round up_September 01, 2015

Morning Business News :

  • GDP Growth Dips To 7% In Apr-June: Experts’ Take
  • July Core Industries Growth Slows To 3-Month Low
  • RBI Identifies SBI And ICICI Bank As Systemically Important Banks In India
  • August Records Monsoon Deficiency Of 22%
  • Govt Allows RIL To Sell LPG To Private Marketers
  • Oil Falls Back Below $49 As Glut, China Concerns Weigh
  • CBDT Issue Guidance Notes On FATCA Implementation
  • Investors Turn Wary Over Jpmorgan Redemption Cap
  • India Inc Borrows Less Via Ecbs Due To Volatile Rupee
  • April-July Fiscal Deficit At 69% Of Annual Target
  • Suzuki Motor To Buy Back Volkswagen Stake As Court Settles Feud

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  • Petrol Price Cut By Rs 2/Ltr; Diesel By Rs 0.50
  • Govt To Soon Allot 62 Offshore Mineral Blocks For Mining
  • HDFC Bank Cuts Base Rate To 9.35%
  • Axis Bank Cuts Deposit Rates By 50 Bps
  • August Sees Highest Monthly FII Outflow Ever
  • India Pitches For Rating Upgrade By S&P On Strong Macroeconomic Data
  • Liquidity Enhancement Schemes For Etfs From Sept 15
  • One Month To Go For US Deadline On ICD-10 Medical Coding System
  • Godrej Makes Open Offer To Buy 26% More In Astec Life At Rs. 246.6/Share
  • Strides Completes Acquisition Of Aspen’s Generic Biz In Australia
  • PSU Banks Must Use Govt Capital To Expand Balance Sheets: RBI Official
  • Sebi Wants MF Players To Be Prudent While Putting Money In Corporate Bonds
  • DII Investment In Stocks In August Highest In Over Six Years
  • JSW Energy In Talks To Recastrs.6,000 Crore Debt Under 5/25 Scheme
  • Punj Lloyd Wins Rs1,094 Crore Contract From Indian Oil
  • ITC To Enter Dairy Market With Ghee
  • Sensex Ends 109 Points Down At 26,283, Nifty Closes Below 8,000;
  • Analysts Slash BSE Sensex, NSE Nifty Targets Citing Earnings Recovery Delay
  • Japan Factory Output Turns Down In July As China Demand Slumps
  • US Extends Anti-Dumping Duty On Indian Preserved Mushrooms For Five Years
  • Hope RBI Takes Note Of Low Inflation, Oil Prices: Jaitley
  • L&T Wins Rs 1.5k Cr Water Supply Project
  • Govt Plans To Amend RBI Act By Feb To Set Up Monetary Panel
  • Reliance Group To Expand Business Cooperation With Qatar

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

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  • 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

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Morning Business News Round up_August 25, 2015

Morning Business News:

  • China Fears Wipe 230 Bn Euros Off Euro Shares
  • North, South Korea Reach Agreement To Halt Tensions
  • France, Germany Shrug Off China-Induced Mkt Rout
  • US Inflation Probably Lower Than Reported: Fed Study
  • Yuan Devaluation, China Slowdown A Worry: Jaitley
  • FDI Reporting Module To Promote Ease Of Doing Business: RBI
  • Govt Won’t Pin Foreign Portfolio Investors On MAT
  • No Immediate Advantage To Exporters From Rupee Fall
  • Sebi Approves Merger With Commodities Regulator FMC

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  • Real Estate Offers $11.8 Bn Opportunity For Builders
  • Great Fall Of China Sinks World Stocks, Dollar Tumbles
  • India Signs Pact For South Asia’s First Trans-National Oil Pipeline
  • Inflation Expectations Are Still High: Rajan
  • Union Ministry To Offer Subsidy To Ship Building Industry
  • Odisha Will Offer To Sell Iron Ore To Posco For Steel Project
  • Chennai Petroleum To Augment Its Net Worth With Rs 1,000 Crore Infusion From IOC
  • HPCL Posts Record Profit In FY-2015, Highest Since 1974
  • Crude Prices At Six-And-A-Half Year Low; India Might Gain Over Rs 1 Lakh Crore
  • CBEC Gets Ready For GST, Sets Up New Directorate
  • Indian Oil OFS Subscribed 1.18 Times
  • Monsoon In A Lull Phase Over North-West India
  • Crude Oil Hovers Below Key $40 Per Barrel Mark
  • Stock Market Wealth Crashes Below Rs. 100-Trillion Mark
  • SEBI-FMC Merger To Take Effect From September 28
  • Emerging Assets Hit New Multi-Year Lows On China Contagion
  • India Has Sufficient Forex Reserves To Address Rupee Volatility: RBI
  • Three State-Run Banks Plan To Sell Npas Worth Rs.2,700 Crore To Arcs
  • Supreme Court Vacates Stay Granted To DLF
  • Bhushan Steel In Talks With Monnet Ispat For Stake Purchase
  • Amtek Unit Bondholders Look To Move UK Courts
  • Gateway Distriparks Offers To Buy Blackstone Stake In Unit For Rs600 Crore
  • Sensex Plunges 1,625 Points To End At 25,742; Nifty At 7,809
  • Manufacturing Sector Growth Improves In August: SBI Index
  • Fiscal Deficit, Inflation Under Control; Economy In Revival Mode: FM Arun Jaitley
  • Market Mayhem: PM Reviews Situation, Calls For Reforms
  • India Has Potential To Achieve 100 GW Solar Target: Bosch
  • Heineken Eyes Control Of Indian Maker Of Kingfisher Beer
  • Ready To Use FX Reserves As Sensex Tumbles: Rajan
  • BSE To Suspend Trading In 17 Companies From Aug 26
  • Glenmark Expects USDFA Approval For 4-6 Drugs
  • IIB To Manage Transaction Exchange
  • NSE Shortens Concessions In Transaction Fee By 1 Month
  • Adani To Invest Rs 25,000 Crore In Chhattisgarh

 

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Morning Business News Round up_August 24, 2015

Morning Business News :

  • Foreign Portfolio Investors May Get MAT Relief
  • China To Invest Massive PF In Volatile Stock Markets
  • RBI Likely To Go For 25 Bps Rate Cut In Sept:
  • India To Gain From Policy Of Global Alignment: Goyal
  • German Pharma Firm Merck To Shut Down B’lore Genei
  • Bandhan Becomes India’s First Private Bank In 11 Yrs
  • USL, Kingfisher Airlines Face Fine For Listing Violations
  • EPFO’s Equity Investment Depends On Performance: Bandaru Dattatreya
  • Agri Min Pushes For Hike In Import Duty Of Edible Oils
  • Taking Legal Advice On EU’s Medicine Ban: Comm Secretary
  • Govt Approves Development Of 50 Solar Cities
  • India’s US Govt Securities Holdings Touch High At $117 Bn
  • Yes Bank To Decide On $1 Bn Share Sale In H2
  • India Moving Fast To Resolve Tax Disputes With Foreign Entities
  • Fpis Pull Out Rs. 1,943 Cr From Stock Markets This Month
  • ESIC Cover For 4.3 Crore Workers In Unorganised Sector

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  • Piramal To Invest Rs 200 Cr In Dhobi Ghat Project
  • Nestle Plans To Bring Back Maggi Noodles By Year-End
  • Godrej To Tap Rural Markets For Household Insecticides
  • Sebi Board To Discuss P-Notes Issue On Monday
  • Indian Oil Stake Sale To Aid Govt Post Best First Half In 7 Years
  • OVL Shortlisted For Mexican Oil Bid Round
  • GAIL In Talks With Iran To Revive Decade-Old LNG Deal
  • Oil Minister Pradhan To Sign Mou For Oil Pipeline With Nepal
  • Irda Chief Urges Firms To Redesign Products, Offer Simpler Policies
  • First Set Of Tax Sop Phase-Out In Public Domain Soon: FM
  • DRDO Ties Up With Ramdev To Market Supplements, Food Products
  • Sebi Allows 59 Entities To Square Off Existing Positions
  • Call Drops: TRAI To Probe Tariff Plans, Issue Draft Paper
  • UK Met Office Loses Weather Service Contract With BBC After Almost 100 Years
  • Yuan Rout Starts To Infect Emerging Market Currencies
  • Tapping A Rs 1 Lakh Crore Savings Deposits Opportunity
  • JSPL May Bid For Ore Mines In Odisha
  • Pension Biz Of Life Insurers Plunges 90% To Rs 2k Cr In FY15
  • Inox To Invest Rs 320 Cr In 3 Yrs, Eyes Regional Acquisitions
  • Telecom Firms Better Placed To Operate Payments Banks

 

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Retail News Round Up_Aug 20,2015

Retail News :

  • E-commerce generates $1.2 million revenue every 30 seconds
  • Snapdeal loss rises 5 times to Rs 1,350cr
  • Nikesh Arora to make Rs 3,150 crore personal investment in SoftBank
  • Lenovo launches A2010, India’s cheapest 4G smartphone for Rs 4,990
  • India’s Oldest Soft Drink Brand ‘Sosyo’ Aspires to go National
  • RBI gives in-principle nod to 11 applicants including RIL, Aditya Birla Nuvo & Airtel for payments bank licence
  • Mobile services spends may hit $21.4 bn in 2015
  • Ajay Bijli-led PVR Ltd acquires 70% stake in 4700BC Popcorn startup owner Zea Maize
  • Home Furnishing Portal BedBathMore to Invest Rs 128cr
  • Arvind Lifestyle ties with Shoppers Stop to launch US kids brand The Childrens Place
  • Turners Cartoon Network tied up with Warner Brothers to sell merchandise in India

 

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Retail News Round Up_Aug 06,2015

Retail News :

  • Airtel’s Mobile Internet Revenues Up 68% Year On Year To Rs 2647 Crore
  • Tv Today Broadcast Biz Revenues Down 4% Yoy To Rs 124.65 Cr
  • Rural Internet Users, Local Content To Drive Growth In User Base: Iamai
  • Airtel Money Africa’s Total Transaction Value At $3.33b In Q1-Fy16
  • Zeotap Secures $6.4m From Capnamic Ventures, Iris Capital & Others

  • Way2news App Launched News Snippets In Telugu, Hindi & English
  • Taxiforsure Shuts Down As Independent Brand Will Continue As Ola In 22 Cities
  • Rbi To Raise Spending Limits On E-Wallets
  • Sony, Thompson To Resume Manufacturing In India After A Decade Under ” Make In India “
  • Samsung To Invest Upto $1 Billion In Uttar Pradesh; Sony Will Start Manufacturing As Well
  • Ford Will Open Rs 6000 Crore Factory In India Under ” Make In India “
  • Foxconn, Softbank And Bharti To Invest $20 Billion In Solar Energy
  • Foxconn Will Create 10 Lakh Jobs In India And Manufacture Iphone
  • Lg Announced Rs 1000 Crore Investment For Domestic Manufacturing Under “Make In India “
  • Hero Group To Manufacture Electronics Products In India
  • Microsoft And Motorola Will Start Local Manufacturing Under “ Make In India “
  • Gionee Will Kickstart Local Manufacturing Of Their Phones Under “ Make In India “
  • Lenovo Will Manufacture Smartphones In India Under “ Make In India “
  • Airtel Will Make Set-Top Boxes “Make In India “
  • Japan To Establish 11 Industrial Townships & Double Their Investment
  • Rs 4.5 Lakh Crore Investments Pledged During Digital India Week
  • Lava Pledges Investment Of Rs 2615 Cr To Scale Up Production To 18 Million Units Per Month

 

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