Tag: Reliance Infra

Today’s M & A Deals_Feb 05,2016

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M & A Deals :

  • Housing.com in talks to buy IndiaHomes
  • Reliance Infra to sell cement unit to Birla Corp for $710M
  • India Life Sciences Fund II invests in Sandor Medicaids
  • Hines kicks off investment from $250M residential realty fund
  • KKR to invest $22M in Sunteck’s two Mumbai projects
  • Godrej Consumer to buy 75% stake in Kenyan homecare products firm
  • Kalaari eyes seed funding deals, to also incubate startups
  • Perfumery gets seed funding from Oranda Global, others

 

Today’s Wealth Mantra !

“Stock price movements actually begin to reflect new developments before it is generally recognized that they have taken place..”

– Arthur Zeikel

Demat_Offer

 

Today’s M & A Deals_Nov 23,2015

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M & A Deals :

  • Ola raises $500M from Baillie Gifford, Didi Kuaidi and others
  • Sequoia hits the road to raise new India-focused VC fund
  • PremjiInvest, Temasek to buy stake in ICICI Prudential for $297M
  • Fairfax India raises stake in National Collateral Management
  • Reliance Infra to sell 49% stake in Mumbai power unit to Canadian fund


Today’s Wealth Mantra !

“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”

– Robert Kiyosaki

 

 

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

Morning Business News Round up_October 09, 2015

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Morning Business News :

  • Us Fed Worries About China Slowdown, Strong Dollar: Minutes
  • Accenture Plans To Hire Nearly 100,000 In Fy16, Spend $1 Bn On Acquisitions
  • ‘Ongc’s Natural Gas May Have Gone Into Ril Fields’
  • Fund Houses Of Rel, Hdfc In Race For Goldman’s Mf Biz
  • Imf Chief Lagarde Sees Tough Policy Trade-Offs
  • Us Jobless Claims Fall To Near A 42-Year Low
  • Digital Tie-Up Failure Puts Cos At $1.5 Tn Growth Risk
  • Govt Gives Tax Sops On Molasses To Boost Ethanol Production
  • Rbi Liberalises Norms For Booking Of Forward Contracts

  • India Pushes For Greater Trade With Latin America
  • RBI Revises Risk Weight, Loan To Value Ratio Norms Home Loans
  • Cipla Ties Up With Serum Institute To Supply Vaccines In South Africa
  • Off-Grid Wind Power Projects To Face Financing Issues: India Ratings
  • Care Assigns Investment Grade Bbb- Rating To Suzlon
  • Tata Teleservices Pins Its Hope On Viom Stake Sale
  • Government In Fta Talks With Peru
  • Vodafone Gets Reprieve From Hc In Transfer Pricing Case
  • Moody’s Assigns Lowest Investment Grade Rating To M&M
  • Green Panel Nod For Import Of Coal With Higher Ash Content
  • Era Of Tax Avoidance Over For Corporates: Cbdt Chief
  • Police Raid Vw Hq, Us Chief Admits Knew Of Problem In 2014
  • BSE Penalises 370 Firms For Not Getting Women On Board
  • Urban Mfi Borrowers Outstrip Rural Counterparts
  • GMR Likely To Charge User Development Fee At Hyderabad Airport
  • Volkswagen India To Recall 389 Polo Cars
  • DLF Promoters To Sell 40% Stake In Rental Arm
  • TVS Logistics Buys Majority Stake In Australia’s Transtar
  • Most Major Economies Weakening, But India’s Growth Firming Up: Oecd
  • Home Buyers Can Now Get More Loan For Property Up To Rs 30 Lakh: Rbi
  • India Not Even Close Where China Was 5 Yrs Ago: Chinese Daily
  • 14 Indian Families In Forbes’ 50 Richest Families In Asia; Ambanis On 3rd
  • Maggi Ban: Nestle Questions Ncdrc’s Jurisdiction To Try Suit
  • India Needs Bold Reforms To Achieve True Potential: Hsbc
  • PE Funding In Realty Expected To Touch $10b This Fiscal
  • Payment Of $700m To Iran Won’t Impact Currency Market: Rbi
  • Depreciating Rupee, Appreciating Nri Realty Market
  • MRPL Plans To Set Up Lng Terminal At Mangalore Port
  • Reliance Infra To Sell Cement Business To Cut Debt