Tag: Tata Motors

Morning Business News Round up_November 27, 2015

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Morning Business News :

 

  • Godrej Properties launches mixed-use development project ‘The Trees’ in Mumbai
  • Ashok Leyland bags $200 million contract from Cote D’Ivoire
  • Essar Oil: Finally, able to proceed with delisting
  • NMDC cuts iron ore price by 12.5%
  • Corridor development projects will help boost investment into the country’
  • USFDA extends time for Dr Reddy’s to respond on warning letters
  • Pipavav Defence plans to exit debt revamp package
  • Tata Motors sees growth from auto logistics
  • Solar power cos’ funding struggle slows transition to green tech
  • ACC plans to set up cement brick units
  • Mahindra conducts raids against fake auto spares in Pune
  • L&T Construction bags orders worthRs. 1,038 cr
  • Trai proposes radical changes in spectrum holding norms; suggests government keeps overall cap
  • Weak monsoon worries CEOs of FMCG like Britannia, Dabur; rural growth takes a hit
  • Indian Overseas Bank’s Rs 3,000 crore loans cleared in H1 under finance ministry scanner
  • ASCI upholds decision on ‘misleading’ advertisement by Bharti Airtel promoting 4G services
  • SRL Diagnostics may see exit of PE investors Avigo Capital, Jacob Ballas and IFC
  • Telenor ahead in race to snap up Videocon 4G; deal talks confirmed by Videocon

  • Mobile sector to account for 8.2 per cent of Indian GDP by 2020: GSMA
  • Harsh Goenka-led RPG Group to enter skin care segment
  • India adds 2,311 MW green power generation capacity
  • Hardy Oil & Gas in talks to buy RIL’s 90% stake in GS-01 block
  • Indian consumers more likely to switch brands, firms: Accenture
  • Fortis buys Religare Health Trust for $15 million
  • Incentivize long-term farm investment to reduce distress
  • Weak construction, real estate demand hurt Cera Sanitaryware
  • Banks to soon roll out pre-approved overdraft facility from ATMs
  • India among 5 fastest-growing markets with 275 million new air passengers
  • Govt gives shipyards more indirect tax sops
  • IDBI Bank strike on Friday to oppose privatization plans
  • VW to invest Rs.720 cr on new compact sedan for India
  • LED bulbs to be available for underRs.44 a unit soon: Piyush Goyal
  • Maharashtra state power utility shocks consumers with steep levy

 

Today’s Wealth Mantra !

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

– Warren Buffett

 

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Morning Business News Round up_November 02, 2015

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Morning Business News :

  • India World’s 7th Most Valued ‘Nation Brand’
  • Piramal, Tpg, Baring In Race To Acquire Icici Home Fin
  • Ranking Should Have Been Higher In Wb Index: Fm Jaitley
  • India To Emerge As Largest Cotton Producer
  • Nse To Auction Investment Limits For Rs 852 Cr Bonds
  • Rajasthan Attracts Investments Of Over Rs 1.5 Lakh Crore
  • Sun Pharma May Drop Some Non-Strategic Businesses
  • Ruias To Close Essar Steel’s Asset Sale By Fy16-End
  • Govt May Garner Rs 5k Cr From Phase 3 Of Fm Auctions: Crisil
  • Toyota Kirloskar Motor Sells 13,601 Units In Oct 2015
  • Mahindra Posts 20 Per Cent Jump In October Sales
  • Ioc Eyes 5-10% Stake In Russia’s Vankor Oilfield
  • Ndmc Defers Taj Mansingh Auction Yet Again
  • Uttam Galva-Posco Plant Might Start By Feb-End
  • Nse, Bse To Conduct 60-Minute ‘Muhurat Trading’ On Diwali
  • Coffee Day To List Shares On Bse, Nse On Nov 2

  • Nse Extends Concessional Transaction Fee In Equity Derivatives
  • Gold Imports Dip 45.6% To $2.05 Bn In September
  • Court Tells Govt To Decide On Ftil-Nsel Merger By Dec-End
  • India Post Collects Rs. 800 Cr From Cash-On-Delivery Facility
  • Greek Banks Must Find Up To €14.4 Billion After Ecb Stress Test
  • R-Com To Consider Sistema Shyam Tele Merger On Monday
  • Vedanta Seeks Cut In Iron Ore Export Duty, Levies
  • Idfc Posts Larger-Than-Expected Quarterly Loss On Provisions
  • India Unprepared To Tackle Online Data Security: Report
  • Profitability Is Focus Of Infosys’s M&A Strategy
  • Tata Motors Sales Grow 1 Pct To 43,486 Units In October
  • Sebi Attaches 4 Companies Bank, Demat Accounts To Recover Rs 6 Cr
  • Vodafone Accounts Hit By Fraudsters In Uk
  • Royal Enfield Posts 73 Pct Jump In Oct Sales
  • Force India’s Partnership With Sahara Stands Strong: Vijay Mallya
  • Mfs Raise Stake In 260 Bse-500 Firms
  • Fm Hopes For Sustained Low Rates, Inflation Under Control
  • Subsidies Can’t Be Essence Of Survival: Fm
  • Mixed Week For Global Markets On Us Rate Hike Uncertainty
  • Study The Company Well Before Investing In Its Fds

Morning Business News Round up_September 11, 2015

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Morning Business News :

  • Global Economic Turmoil Will Not Hit India: Finance Ministry Panel
  • Spectrum Trading May Curb Excessive Bidding: Fitch
  • Gold Monetisation Scheme: 2% Interest Likely On Gold Deposits
  • Satyam Scam: Sebi Asks Raju Family, Others To Return Rs 1,800 Cr
  • Rbi Purchased $4.6 Billion In The Forward Markets In July
  • Rcom-Sistema Deal May Cost $600 Million Extra
  • Infosys To Be Global Tech Services Partner For Atp
  • Care Downgrades Rs 100 Crore Hindustan Organic Bond To Junk Status
  • Rbi Allows Importers To Raise Trade Credit In Rupee

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  • Ril’s Start-Up Hub Fall 2015 Batch Includes Two Israeli Start-Ups
  • Rbi Intervenes More Through Forwards In Foreign Exchange Market
  • Tata Motors, Total Lubrifiants Sign Pact For Lubricants Supply
  • Vedanta Aluminium Goes On Workforce Reduction, Cost Cuts
  • Lenders Order Special Audit Of Amtek Books
  • Centre May Hold On To Hzl-Balco, Suuti Stakes In Foreseeable Future
  • Canada To Invest Pension Funds In India’s Urban Development
  • Make Govt Auditor Part Of Legislature, Amend Act: Pacs
  • India Keeps Its Fingers Crossed As Superpowers Toss And Turn
  • Tata Steel Begins Coke Production At Kalinganagar Plant
  • G20 Tightens Norms To Check Conflict Of Interest For Fiis
  • Winter Session Could Be Advanced To Pass Gst Bill: Venkaiah Naidu
  • Saudi Aramco To Open Office In India For Crude Sales: Report
  • Delhi Hc Refuses To Interfere In Ongc-Ril Gas Dispute
  • Bpcl To Invest Rs1 Trillion For Its Next Phase Of Growth
  • Sun Pharma Planning To Divest Ireland Plant To Cut Costs
  • Castex Technologies Allots Shares On Fccb Conversion
  • Govt Clears Rs9,000 Crore Teesta Hydropower Project In Green Energy Push
  • Sensex Ends 97 Points Down On Weak Global Cues, Nifty Settles At 7,788
  • Hero Motocorp Plans Manufacturing Units In Mexico, Argentina, Brazil
  • Arvind Panagariya Pitches For Up To 1% Rate Cut By Rbi
  • Domestic Car Sales Rise 6% In August, Bike Sales Drop 9.59%
  • Cairn Energy Set To Go To Icj Against India
  • Raymond Acquires Robot Systems For Rs 28 Crore
  • Inflation To Ease In Aug, July Industrial Output To Be Stable
  • L&T Gets Shareholders’ Nod For Raising About Rs 9,600 Cr
  • Mauritius Utilises India’s Security Concerns To Retain Tax Arrangement
  • Mfs Invest Rs 4,200 Cr In Equities So Far In Sep
  • Indigo’s Profit Up Four-Fold To Rs 1,304 Crore In Fy2015
  • Suven Life Gets Patents For Neurodegenerative Drug

 

Morning Business News Round up_September 03, 2015

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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