Morning Business News Round up_December 22, 2015

Morning Business News :

  • Indian Tech Firms Paid $22.5 Bn Taxes In US
  • Government Introduces Bill For Bankruptcy Law In Parliament
  • Iran Woos Indian Refiners To Drive Oil Sales In Cut-Throat Market
  • SBI To Raise Up To Rs 12,000 Crore By Tier-II Bonds
  • $12 Bn Deal Signed In China To Make 1.5L Electric Cars
  • DRI Investigating Over Invoicing Of Imported Coal
  • Excise Exemptions May Be Whittled In Budget
  • Oil Dips To 11-Year Low; CLSA, Goldman Sachs See $20 Levels
  • Glenmark Ends Patent Dispute For Anti-Depression Drug Savella
  • M&M, Tata Motors, Maruti Team Up To Develop Components For Hybrid, E-Vehicles
  • Toshiba Warns Of $4.5 Bn Fiscal Loss As Shares Slump 9.8%
  • Godrej Agrovet Buys Majority Stake In Creamline Dairy
  • HDIL Sells Land Parcel In Kurla To Dheeraj Realty Arm
  • Strides Shasun Gets DCGI Nod For Manufacturing Hepatitis Drug
  • RBL Bank Raises Rs488 Crore In A Pre-IPO Round Of Fund-Raising
  • Sun Pharma Stock Falls 4.5% After US Regulator’s Warning
  • Sebi Seeks Status Report On Basic Services Demat Accounts
  • R-Com Sells 150 Residential Flats In Navi Mumbai For Rs330 Crore
  • Retailers Expect Robust State-Wise Retail Policies In 2016
  • Sensex Closes 217 Points Up At 25,736, Nifty Settles Above 7,830;
  • Icra Doubts Faster Monetary Transmission Under RBI Norm
  • India To Offer Site In Andhra Pradesh To Russia For Nuke Plants
  • Spicejet Records Highest Seat Factor Among Domestic Airlines

  • Brent Crude Falls Almost 2 Per Cent To 2004 Low
  • New RBI Norm For Rate Calculation Credit Positive: Moody’s
  • FIPB Clears Eight Proposals Worth Rs 1,200 Crore
  • Foreign Firms Cash Out As Mfs Near Rs 15 Lakh Cr Mark
  • RBI For Fewer Categories Of Nbfc’s For Better Coordination
  • Cipla Launches Generic Hepatitis C Drug In India

Today’s Wealth Mantra !

“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.”

-Mark Skousen

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Morning Business News Round up_December 09, 2015

Morning Business News :

  • V-Guard On Acquisition Spree With Rs 500 Crore Kitty
  • Promoters Look To Sell Home Finance Business Of AU Financiers For Up To Rs 1,000 Crore
  • India’s Media & Entertainment Business Ranks 4 In The World In Attracting Investment
  • Havells To Dilute Majority Stake In Sylvania To Focus On Domestic Market
  • Despite RBI’s Solution, Banks Can Still Disguise Bad Debts
  • Kaya To Acquire Majority Stake In UAE-Based Iris Medical
  • Yes Bank Commits $5 Bn For Climate Action In India
  • Rourkela Steel Plant Sets Up 1 MW Solar Unit
  • NMDC Gets 3 New Non-Official Independent Directors
  • SBI Says Never Agreed To Fund Adani Group’s Australian Coal Project
  • Standard Chartered Raises Rs 14 Crore From Rights Issue Entitlements Of Idrs
  • Unichem Lab Gets USFDA Nod For Hypertension Drug
  • Iran Topples Kuwait To Become India’s Fifth Largest Oil Supplier
  • Air India Doubles Revenue From Star Alliance

  • Oil Steadies After Hitting 2009 Lows
  • Sebi Likely To Bring Crowdfunding Under Regulatory Framework
  • Ipos Of Dr Lal Pathlabs And Alkem Labs See Good Demand
  • RBI Governor Raghuram Rajan Optimistic About Passage Of GST
  • Fairfax Acquires Additional 22% Stake In IIFL For Rs1,341 Crore
  • Vodacom To Buy Majority Of Tata Comm’s Neotel Fixed Line Business
  • Vodafone Announces 4G Services Roll-Out
  • Smart Cities, Energy And Mobility Our Target Areas: Siemens India CEO
  • Tata Motors Launches New Variant Of Safari Storme
  • Govt Falls Short Of Target For Power Purchase From Renewable Sources
  • Toyota To Hike Vehicle Prices By Up To 3% From January
  • Alkem Lab Upbeat On Growth In Domestic, Global Markets: CEO
  • American Footwear Brand Skechers Plans Local Manufacturing
  • Maruti Suzuki Unveils Discounted Service Scheme
  • L&T Bags Orders Worth Rs. 1,960 Cr
  • Gati Infra To Raise £100 M For Green Energy
  • Bankers’ Clear Electrosteel Steels SDR Package
  • Hetero Gets DCGI Nod For Hepatitis C Drug
  • PFC Board To Consider Interim Dividend Next Week
  • Wockhardt Gets QIDP Status For New Antibiotic Drug
  • Cognizant Pledges $40 M For Flood Relief
  • Chennai Reconstruction To Push Up Cement Demand
  • Ashok Leyland Set To Change Track After Expansion Spree
  • ONGC Supports Cairn Plea For Rajasthan Block’s Term Extension
  • Railways Plans Metro Coach Factory In WB

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

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Retail News Round Up_Nov 18,2015

Retail News :

  • Jharkhand Government launches 15 mobile apps under m-governance
  • SBI will launch a mobile wallet for feature phones called Batua
  • Talwalkars acquires 51% stake in Inshape Health & Fitnez
  • Spice Digital launches contextual marketing platform for telcos
  • Mahindra Comviva launches deals app Zerch
  • Times Internet buys majority stake in Taskbucks for $15 million
  • Tastykhana Founders Launch SMINQ App to Solve Problem of Waiting in Queues

 

Today’s Wealth Mantra !

“In investing, what is comfortable is rarely profitable.”

– Robert Arnott