Morning Business News Round up_January 06, 2016

Morning Business News :

  • India Produces 7.98 Mn Ton Sugar, Exports 0.3 Mn Ton Till Dec
  • China Central Bank Injects Billions To Ease Strain
  • Global Oil, Gas Prices To Remain Weak In 2016: Moody’s
  • Government Removes Export Duty On Iron Ore Pellets
  • Govt Starts Probe Into Dumping Of Chinese Auto Part
  • Telcos May Raise Tariffs To Make Up For Call Drop Fine
  • Lafarge Plans To Exit India Operations
  • Corporate Earnings May Grow Only 2% In Dec Quarter
  • Equity Derivative Volumes On Bse Slide To Four-Year Lows
  • Lic Profit Jumps 10% In Fy15, Pays Rs 1,804 Cr To Govt
  • Multiple Income-Tax Raids On Apollo Group Hospitals
  • Sc Upholds Ban On Sale Of Large Diesel Vehicles In Delhi
  • Hitachi Solutions Buys It Services Firm Ignify
  • India Weighs Fiscal Stimulus In New Budget Despite Fast Economic Growth
  • Cci Nod For Reliance Capital-Goldman Sachs Deal
  • Hdfc, Icici, Reliance Mutual Funds Retain Top Slots
  • Jewellery Body Seeks Revision Of Pan Card Limit To Rs. 10 Lakh
  • Bhel Commissions 600 Mw Thermal Unit In Telangana
  • Govt Notifies New Norms To Deal With Cheque Bounce Cases
  • Drug Regulator Warns E-Pharmacies Against Violating Rules
  • Sdr Will Defer Recognition Of Rs1.5 Trillion Worth Npas
  • Tcs Better Off Losing Bid For Dell’s Perot Systems
  • Educomp Lenders Looking At Strategic Debt Restructuring

  • Gmr Group’s Office Attacked In Kathmandu
  • Sensex Ends 43 Points Down, Nifty50 Settles At 7,784, Tata Steel Gains Over 6%
  • Transactions Between Kalaignar Tv, Db Group Not Genuine: Ed
  • Us Sues Volkswagen For $20 Bn Over Emissions Cheating
  • Ril Outperforms Sensex After 7 Years, Rally To Continue
  • China Stocks Swing As Economy Worries Persist
  • 45 Indians In Forbes List Of Achievers Under The Age Of 30
  • Tata Projects Begins Work On Western Dfc Section

Today’s Wealth Mantra !

“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”

– Warren Buffett.


Morning Business News Round up_December 14, 2015

Morning Business News :

  • Tata’s 80% profit comes from only 20% of group cos
  • Investors begin to warm up to National Pension System
  • Govt proposes AAR to help traders obtain advance ruling on GST
  • Railways may miss Rs 1 lakh-crore capex target: BofA-ML
  • Cairn India on course to roll out oil recovery plan
  • Government aims to raise Rs 3 lakh crore from fuel cess; to fund road schemes
  • India Inc garners over Rs 6 tn in 2015 from capital markets
  • India defends most red lines in Paris pact
  • Govt may fix minimum import price for steel products this week
  • Chhattisgarh plans mega paddy procurement from dry land
  • Foreign investors want govt to defer Coal India stake sale
  • Centre to control Bt cotton seed prices by fixing MRP
  • Maruti Suzuki gets favourable ruling on ad spend issue
  • India, Japan ink pacts on civil nuke, bullet train, defence cooperation
  • Cement companies get a reprieve as Tribunal quashes CCI penalty
  • Indo-US nuclear deal could be implemented in 2016
  • CCI seeks public scrutiny of Rs500-cr PVR-DT Cinemas deal
  • IOC to invest Rs1.75 trillion in expansion projects
  • Domestic mutual funds buy shares worth Rs69,000 crore
  • Market valuations of top 5 companies slump by Rs 47,445 cr
  • Sebi puts in place software testing norms for commodities market

  • FDI in services rises 20% to $1.46 bn in first half of FY16
  • Fed meet, inflation key drivers for mkts this week
  • Aero charges at small airports may go up by 45%
  • Crude to see further correction as Opec output remains strong
  • Rising acceptance of generics to boost pharma growth
  • Greece reaches deal to unlock further bailout funds

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”

-Peter Lynch

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Morning Business News Round Up_Dec 03,2015

Morning Business News :



  • MSCI Asian stocks are standing tall, but Indian peers wilting
  • Flipkart suffers Rs 2,000-crore wound in bruising discount war
  • Paytm and ICICI Bank to offer virtual prepaid cards
  • M&M recovery rides on economic revival
  • Major rejig at Samsung, slowest growth in 10 yrs
  • Dr Lal PathLabs, Alkem big hits in the grey market
  • Financial products better investment tools, says Jayant Sinha
  • Highway developers to get equitable annuity payments
  • Make in India boost: Government exempts shipbuilding inputs from customs, excise duties

  • DIPP likely to back ecommerce companies in legal tussle with footwear firms
  • Government may consider selling off Scooters India
  • Government may slap Rs 32 crore penalty on Volkswagen
  • CIL’s 3.25 MT capacity project in Maharashtra to start by month-end
  • Tata’s tie-up with ICBC will not impact SBI: says Arundhati Bhattacharya
  • Natco Pharma suspends work at Chennai plant due to flood
  • Oyo Rooms looks to buy rival Zo
  • Janet Yellen signals US interest rate hike not far away
  • Ramdev’s Patanjali eyes a bigger bite of consumer goods pie with ad blitz

  • Narendra Modi remains a popular Prime Minister with 74% approval rating
  • Raghuram Rajan gives rupee bond bulls confidence to forecast end of rout
  • Wipro buys German firm Cellent for $78 mn
  • PVR’s acquisition of DLF’s DT Cinemas faces CCI concerns
  • Sun Life Financial to increase its stake in Birla Sun Life Insurance from 26% to 49%
  • Tata Steel refinances $1.5 billion worth of loans
  • Bad loans may rise for Shriram Transport Finance
  • Manipal Hospitals to tap IBM’s Watson for superior cancer care
  • Insurers may take ₹2,000-cr hit from Chennai floods
  • SEBI will not force MF industry to reduce agents commission: Chairman
  • Fund-raising plan to steer GMR Infra forward
  • Allahabad Bank to decide on insurance arm
  • Bajaj Auto bike sales rise 3% in November; exports take a hit
  • Little gas left at two ONGC blocks; fuel flows to RIL
  • Asset sale may fetch Bhushan Steel Rs 3,000 cr
  • Bharti Airtel Doubts on Project Leap
  • Mutual funds pump in Rs one-lakh crore in equities in 18-months


Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation”

-Suze Orman


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Morning Business News Round up_November 04, 2015

Morning Business News :

  • Investment Limit In Corp Bonds Likely To Hit Liquidity
  • Fin & Commerce Min At Odds Over Gold Import Duty
  • IOC Says Eyeing Stake In Russia’s Vankor Field
  • Boa Sells Money-Market Fund Business To Blackrock

  • Telcos Gear Up For Deals As Competition Heats Up
  • No New Offers Until Plans Are Merged: Sebi To Mfs
  • DLF Q2 Net Rises 21% To Rs 131 Cr
  • Price Of Pulses To Ease On Harvest, Action Against Hoarders: FM
  • Sundram Fasteners Sells Stake In German JV
  • GAIL Q2 Net Profit Down 66% At Rs 440 Cr
  • IRDAI Toughtens Norms For Global Reinsurers Opening India Branch Offices
  • RBI Fixes Gold Bonds Issue Price At Rs. 2,684 Per Gram
  • Assocham Pleads For Industry Status To Gems & Jewellery
  • Finance Minister Reviews Prices Of Essential Commodities
  • Dell Eyes $10 Billion Asset Sales Ahead Of EMC Merger
  • Over 40 % Of China’s Online Goods Shoddy, Counterfeit: Report
  • Cancer Genetics Targets India Acquisitions
  • Standard Chartered To Pare Commodity Business In India, China
  • ABB India Q3 Profit Up 30.6%, Misses Estimates
  • Tech Mahindra Q2 Profit Up 9% To Rs785 Crore
  • Chinese Scare Looms Over India’s Bulk Drug Industry
  • Moody’s Changes Indian Banking Sector Outlook To Stable From Negative
  • Banks Get Rs 2,500-Cr Share In Electrosteel
  • PM To Launch ‘India Gold Coin’, Other Schemes On Nov 5
  • Ratan Tata Invests In Telecom Carrier Sabse Technologies
  • Eyeing Cost Savings, Indian Oil To Double Pipeline Network
  • Mobile Equity Trading To Touch 15-16% Mark In 3 Years
  • Gamesa Bags 200mw Wind Power Order From Ostro Energy
  • EPFO To Act Tough With Employers Delaying Remittance
  • Lupin Gets FDA Nod For Generic Aricept Tablets
  • Cotton Growers Federation Expects Bumper Crop This Year