Tag: Reliance Communications

Today’s M & A Deals_Dec 23,2015

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M & A Deals :

  • Reliance Communications, Aircel in talks to merge
  • Shuttl raises $20M from Lightspeed, Sequoia and Times Internet
  • Adinath Agro raises funding from Carpediem, Kotak-backed hedge fund Infina
  • Palred invests $3M more in tech accessories portal LatestOne
  • SARE Homes raises $30M from KKR’s NBFC

  • Medi Assist invests $1M in Gul Panag-backed MobieFit
  • Doctor Insta gets $500K in pre-Series A round
  • Artificial intelligence startup Arya.ai raises $750k from YourNest, VentureNursery
  • Omidyar, Zephyr Peacock invest in Swarna Pragati Housing
  • Reward points startup PlanetGogo gets seed funding from HT Media, NBM
  • RCI Cash Management raises Series A funding from SIDBI
  • Hong Kong-based Vectr Ventures invests in coupons app LafaLafa
  • Home cleaning startup SBricks acquires Melway
  • Promoters sell 1.37% stake in Godrej Properties to Kotak Mahindra

 

Today’s Wealth Mantra !

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.”

-Ron Chernow

 

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Morning Business News Round up_November 09, 2015

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Morning Business News :

  • India Sebi to raise surveillance to avoid market volatility due to trouncing of BJP-led alliance in Bihar polls
  • ABB Plans to double sales in India, CEO tells SonntagsZeitung
  • ABG Shipyard 2Q loss 4.78b rupees vs 1.73b loss
  • Adani Enterprises and Adani Power Environmental group to challenge Adani Carmichael coal mine
  • Andhra Bank 2Q net income 2.5b rupees vs 2.3b est.
  • Ashoka Buildcon 2Q net 401.2m rupees vs 58.1m
  • Aurobindo Pharma 2Q net 4.52b rupees vs 4.71b est.
  • Ballarpur Industries 2Q loss 187.8m rupees vs 16.7m profit
  • Balmer Lawrie 2Q net +75% to 303.7m rupees
  • Bharat Heavy Wins 2 orders valued at 46.1b rupees in Andhra Pradesh
  • Britannia 2Q group net 2.19b rupees vs 2.08b est.
  • Cairn India Is able to add 250m barrels to Rajasthan reserve
  • Camlin Fine 2Q net -61% to 50.6m rupees
  • Claris Lifesciences 2Q loss 130.2m rupees vs 203.7m profit
  • Bank 2Q net income 1.9b rupees vs 1.6b yr earlier; est. 1.43b
  • Everest Kanto 2Q loss 338.1m rupees vs 252.2m loss
  • Geojit BNP Paribas 2Q net -38% to 124.2m rupees
  • GlaxoSmithKline Consumer 2Q net 2.19b rupees vs 1.87b est.

  • Godrej Industries 2Q net 1.35b rupees vs 951.6m
  • Great Eastern Shipping 2Q net +85% to 3.83b rupees
  • Gujarat State Petronet 2Q net 1.09b rupees vs 1.22b est.
  • Hathway Cable 2Q loss 489m rupees vs 437m loss est. To demerge ISP business into Hathway Broadband
  • Hindustan Copper 2Q net -57% to 74.1m rupees
  • Hotel Leelaventure 2Q loss 558.1m rupees vs 1.6b loss
  • Indraprastha Gas 2Q net income 1.02b rupees vs 1.1b est.
  • Jindal Stainless 2Q loss 1.88b rupees vs 2.55b loss y/y , To issue 10.5b rupees of shrs, pref. shrs to lenders
  • Maruti Suzuki to offer automatic versions of WagonR, Stingray
  • Max India 2Q net 27.4m rupees vs 113m loss
  • MT Educare 2Q net +21% to 135.2m rupees
  • Oil & Natural Gas 2Q profit beats, sales trail ests.
  • Punj Lloyd 2Q loss 2.83b rupees vs 2.64b loss
  • Reliance Communications 2Q net 1.56b rupees vs 1.69b est.
  • Reliance Infra Seeks approval for open offer in Pipavav Defence (PIPV)
  • Rico Auto 2Q net 79.7m rupees vs 20.6m loss
  • SRF 2Q net 861.1m rupees vs 995m est.
  • Sun Pharmaceutical 2Q net income -41% y/y to 13.7b rupees; est. 12.7b
  • Tata Chemicals 2Q net 2.55b rupees vs 2.44b est.
  • Tata Motors Posts unexpected loss on charge related to Tianjin
  • Jaguar Land Rover Oct. sales +24% y/y to 41,553 units

  • Tata Steel Demands suppliers cut prices by 30%: Telegraph; Revenue declines as metal prices stay weak
  • Unitech 2Q loss widens y/y to 658m rupees from 147m