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 27, 2015

Morning Business News :

  • $354-Bn Forex War-Chest Too Small To Fight A Crisis: Kaushik Basu
  • Govt Nods Royalty Payment To States On Oil Production
  • Nyse Invokes Rule 48 For Market Open In Anticipation Of Volatility
  • India Can Tide Over China-Driven Crisis, Says Chanda Kochhar
  • Developers Allowed To Divest 100% Equity In Road Projs
  • Trading In Sterling Holidays To Be Discontinued From Aug 31

  • India, Uae Launch Forum To Evaluate Business Opportunities
  • Govt May Pare Stakes In Some Banks To 33%
  • 3 Stocks Account For 1/3 Of 2,200-Point Sensex Fall In 1 Week
  • Tata Capital To Raise $1 Bn For Second Corpus Across 3 Funds
  • Mmrda Sanctions Rs 35,400 Cr For 118-Km Mumbai Metro Network
  • Iocl’s Ratings Unaffected Despite Stake Sale: Fitch
  • Sun Tv Network Enters Into Deal With Hooq To Share Its Library
  • Credai To Come Up With Their Own Data For Real Estate Sector
  • Pboc Injects 140 Bn Yuan Via Short-Term Liquidity Operations
  • Long Way To Go For India To Become Global Growth Engine: Rajan
  • Pakistan’s Economy Facing Existential Crisis, Says Report
  • China To Restrict Stock Index Futures Trading To Curb Speculation
  • Natural Rubber Prices Skid To 6-Year Low On China-Led Rout
  • Rajat Gupta Files Appeal To Overturn Insider Trading Conviction
  • Raghuram Rajan Says Not In Favour Of Devaluing Rupee: Report
  • Airtel Acquires Augere Wireless In 4g Push
  • L&T Infotech To File Draft Ipo Papers By Early September
  • Analysts Wary As Ashok Leyland Aims To Double Export Revenue
  • Ultratech Cement Said To Be Near Deal For Jaiprakash Plant In Bhilai
  • Ntpc Worried As Sebs’ Payment Security Mechanism Set To Lapse
  • Sensex Falls 318 Points, Nifty Ends Below 7,800
  • Icra Sees Npas Jumping To 5.9% By March From 4.4% In Fy15
  • Commodities Price Crash Could Give Big Push To Infrastructure Projects
  • China Probing Brokers, Regulators For Possible Stock Crimes
  • Cairn To Invest Rs 1,400 Cr To Raise Oil, Gas Carrying Capacity
  • Apollo Tyres Closes 300m Euro Financing For Hungary Plant
  • Mahindra To Invest Rs 700 Cr To Become Full Range Cv Player
  • L&T Bags Rs 864-Cr Order From Qatar’s Kahramaa

 

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 21, 2015

Morning Business News :

  • No Intention Of Banning P-Notes Overnight: Govt
  • Chinese Province’s Crisis Exposes Economic Fault Line
  • SBI, PNB, Bank Of Baroda May Exit UTI Mutual Fund
  • GST Rate To Be ‘As Reasonable As Possible’: Finance Ministry
  • Sebi Proposes Relaxed Norms For Infra Investment Trusts
  • World Bank To Look Into Investment Opportunities In Haryana
  • Government Not To Hike Excise Duty On Petrol, Diesel
  • Government To Release First Quarter GDP Data On August 31
  • Devaluation Of Yuan Not A Cause Of Worry At Current Levels: Raghuram Rajan
  • Rajan Allays Bankers’ Fear Of Competition From Payments Banks
  • Fuel Retailing: Omcs Gear Up For Intense Competition
  • Greek PM Alexis Tsipras Resigns, Election On Sept 20
  • FM Arun Jaitley Steps Up Rate Cut Pressure On RBI
  • US Oil Falls To $40 On Global Glut
  • Small Finance Bank Licences Next Month: Rajan
  • Dredging Corp Sets OFS Floor Price At Rs 382
  • Apex Court’s FSSAI Order Leaves Industry Looking For Clarity
  • No Incentives For Banks To Tackle Npas: SBI Chief
  • Routing Commodity Trades Through Brokers May Push Up Costs For Hedgers
  • Cement Sector Upbeat As Telangana, AP Set To Buy 3 Mnt
  • India Inc May Be Close To The End Of Bad Times
  • SEBI Bars Riddhi Siddhi, 58 Other Cos From Market
  • PE Fund Exits In 2015 So Far Highest In Five Years
  • GSPC Plans To Sell Stake In Some Hydrocarbon Blocks
  • Telcos And The Tiresome Overhang Of Reliance Jio’s Launch

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  • Aditya Birla Group Launches Bizlabs To Work With Start-Ups
  • Iran Asks India To Clear $6.5 Billion Oil Dues In 2 Months
  • Dr Reddy’s Recalls Rivastigmine Tartrate Capsules From US Market
  • Rajan Asks Realty Developers To Bring Down Prices
  • Sensex Ends 324 Points Down, Nifty Closes Below 8,400
  • Reliance Ind Raises $225 Million Through Overseas Bond Issue
  • IMF Freezes Benchmark Currency Basket, Defers Any Yuan Addition

 

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