Today’s M & A Deals_March 17,2016

M & A Deals :

  • Mark88 floats education infrastructure fund
  • SIDBI comes as cornerstone investor in Sixth Sense Ventures’ debut fund
  • India Life Sciences Fund II invests in Biorad Medisys
  • OIL, BPCL, IOC to pick 30% stake in Russian Taas-Yuriakh oilfield for $1.3B
  • NCC to sell 16% in power project to Sembcorp for $52M
  • Milestone exits Bangalore commercial asset at $22M
  • Avagmah raises funding from Kris Gopalakrishnan and Atul Nishar
  • Gapoon raises $180K in angel funding
  • Cipla invests $3M more in Chase Pharmaceuticals
  • Fashion social network WithMe raises angel funding
  • Rosneft to buy 49% stake in Essar Oil
  • Persistent Systems to buy Australian cloud solutions firm

 

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest.”
― Benjamin Franklin

current scheme

Morning Business News Round up_November 18, 2015

Morning Business News :

  • Infra project budgets may drop land cost for faster nods
  • India Inc’s overseas investment down 21% at $2.3 bn
  • US consumer prices rise, may back rate hike views
  • Rosneft to buy Essar Oil; Iran in talks for refineries
  • Piramal Healthcare UK Ltd invests £2.0 mn in Scotland

  • FIIs can now invest upto 12% in Pipavav Defence: RBI
  • Jet, IndiGo, SpiceJet fined for cartelisation
  • Maharashtra govt to take back unused industrial land
  • Industry cheers govt’s new petroleum exploration policy
  • Maharashtra govt not to move SC seeking fresh ban on Maggi noodles
  • Bhushan Steel, Electrosteel Steels might look for strategic investors
  • BSNL reports operating profit of Rs 672 cr for FY15
  • IVRCL to get Rs 400 crore from loss-making sale of TN road projects
  • Blackstone to divest 50% of its investment in Synergy Properties
  • Sun Pharma to consolidate market share in pain relief biz segment
  • Solar capacity may reach 3,645 MW in 2016: Mercom
  • Current account deficit to be 1% of GDP
  • Number of active investor a/c with CDSL crosses 1-cr mark
  • 7th Pay Commission to submit report on Nov 19
  • CLSA’s Christopher Wood warns bad loans India’s biggest problem
  • Videocon launches FCCB issue to exchange part of existing bonds
  • Verdict reserved on arbitrator dispute between RIL, govt
  • India’s October oil demand highest in 5 months on vehicle sales
  • Craftsvilla raises $34 million from Sequoia, others

  • Sensex P/E ratio highest among emerging markets on steady foreign inflow
  • Sensex closes 104 points up on value buying, global cues; Nifty settles above 7,830
  • Crop insurance, irrigation key to raising pulse output
  • Indian Railways hikes minimum train fare from Rs 5 to Rs 10
  • Sugar stocks sweeten on expectations of lower crop output
  • Policy on coal linkages likely in 15 days: Govt
  • ITC Infotech partners with Ramco Systems
  • Residential realty prices may worsen
  • Axis MF eyes Rs 700 cr from Children’s Gift Fund
  • Airtel, NTPC to take a bad hit if rupee falls by 15%
  • Western Coalfields lines up Rs 6,280 cr investment by FY20