Today’s M & A Deals_ Jan 13,2016

M & A Deals :

  • Another Flipkart backer bets on ShopClues as GIC leads Series E round
  • Online job referral startup Happy2Refer raises $250K in angel funding
  • In-building connectivity startup iBus gets $2.2M in Series A funding
  • Fashionablyin raises angel funding from apparel supplier Epic Group
  • IDFC Bank picks 10% stake in ASA International India for $1.3M
  • China’s Dalian Wanda to buy controlling stake in ‘Jurassic World’ maker
  • TCS net rises 14.2% in third quarter

 

Today’s Wealth Mantra !

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

– Phillip Fisher ”

 

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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.

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Morning Business News Round up_January 04, 2016

Morning Business News :

  • Budget May Offer Sops For Equity Investments
  • TCS Restarts Talks To Buy Perot IT Biz From Dell
  • India Stands Out To Win As The World Battles 3D Effect
  • New Norms For High Value Transactions From April 1
  • Big Oil To Cut Investment Again In 2016
  • Cement Prices Decline 7.3% Due To Lack Of Demand In Dec
  • IRDAI Asks Insurers To Report Ownership Structure By Jan 18
  • HSBC Cuts Ties With UK Islamic Charity Over ‘Terror’ Fears

  • Wheat Output May Drop For 2nd Year Straight Due To Warm Winter
  • Raise Tax Deduction Limit For Long-Term Savings To Rs 2.5 Lakh, Says Assocham
  • Ashok Leyland Sales Up 31.4% In Dec
  • Tata Steel’s Workers In Scotland To Get New Package
  • TRAI Asks Telecom Companies To Start Compensating For Call Drops
  • Govt Will Offer ‘Attractive VRS’ To Hindustan Cables Employees: Minister
  • Centre Gives Coastal, Forest Clearances To Mumbai Trans Harbour Link Project
  • Sebi Spells Out Compliance Norms For Investors Of Listed Exchanges
  • Sterlite Grid Completes 200km Transmission Project In Rajasthan
  • IDBI Bank Raises Rs.900 Crore Via Basel-III Compliant Bonds
  • NHAI May Use GSFC ‘Nylon-6’ Products For Road Projects
  • Modi Pitches For Self-Reliance In Defence Manufacturing
  • Mahindra & Mahindra To Promote Bio-CNG Plants
  • Petrol, Diesel Excise Hike To Enrich Exchequer By Rs 10k Cr
  • Jan-Dhan Bank Accounts’ Corpus Nears Rs 30,000 Crore
  • MF Industry’s Asset Base Surges 21% To Rs 13.4 Lakh Cr In 2015
  • Fpis’ Net Debt-Markets Inflow Drops To $7.4b In 2015
  • Telecom Sector To Witness More Mergers This Year

Today’s Wealth Mantra !

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.”

– Dave Ramsey

Demat_Offer

Morning Business News Round up_December 17, 2015

Morning Business News :

  • Lower Inflation Result Of Reforms, Global Oil Prices
  • Govt Approves Coal Auction For Gasification
  • Government Hikes Import Tariff Value On Gold
  • Rel Infra Buys 17% Stake In Pipavav For Rs 850 Cr
  • NHAI To Raise Up To Rs 1,000cr Via Bonds
  • ‘Make In India’ Has Tremendous Impact On Investments

  • Motor Insurance To Cost Up To 15% More In Metros
  • Govt Approves Revised BIT Model, Excludes Tax Matters
  • US Fed Hikes Rate By 25 Bps For First Time Since June 2006
  • RBI Accountable To Disclose Information Under RTI Act: SC
  • Cabinet Allows States To Mine & Sell Coal, Ends Monopoly Of Centre
  • Improved RS Numbers By Budget Session Give Govt Hope For GST
  • Gujarat Declares Rs 110 Per 20 Kg Bonus For Cotton Farmers
  • World Bank Approves $1.5 Billion To Support India’s Universal Sanitation Initiatives
  • Govt Hikes Excise Duty On Petrol, Diesel
  • SAT Sets Aside SEBI’s Rs. 13-Cr Penalty On Reliance
  • PE Deals Touch Record High Of $17.5 Bn This Year
  • Reliance Jio Plans Limited Launch Of 4G In Mumbai: Bofa-ML
  • Cabinet Approves New Bilateral Investment Treaty Model
  • Real Estate Brokers Tie Up With Online Furniture Rental Service
  • SC Order Deals Another Blow To Diesel Engines
  • Govt To Soon Allow Auto Makers To Make Ethanol-Fuelled Vehicles
  • M&M Will Comply With Diesel Stipulations: Anand Mahindra
  • Blackstone Buys Minority Stake In IBS Software For $170 Mn
  • NSE Subsidiary Develops Indices For Tata, Aditya Birla, M&M
  • Dot Clears Path For Merger Of Vodafone India Entities
  • Sensex, Nifty Extend Gains For 3rd Day In A Row
  • India To Be Bigger Market Than US For Google In 2016: Pichai
  • SC’s Ban On Diesel Vehicles In Delhi: 5 Worst-Hit Cars
  • TCS Bags Multi-Million Dollar Deal From Lufthansa
  • Govt To Unveil Policy For Flexi-Fuel Vehicles In Jan: Nitin Gadkari
  • GST Rate To Be Much Less Than 18%: Jaitley
  • Tax Reforms To Help India Get Rid Of Tax Terrorism Tag
  • Realty Market Regains Favour Of Foreign Investors: Pwc
  • Wipro Says Chennai Floods To Hit Dec Quarter Earnings
  • Fiscal Deficit Target To Be Met Without Budgetary Cuts

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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Morning Business News Round up_October 21, 2015

Morning Business News :

  • HSBC, Citibank Hire Investigators To Probe Black Money Trail
  • Rcom, Aircel And MTS Begin Talks For Three-Way Merger
  • Mahindra & Mahindra Pips Tata Motors In CV Sales
  • RBI Invites Applications For BBPS Units
  • Govt May Pay Sugarcane Growers Direct To Help Mills
  • S&P Downgrades Vedanta Resources Credit Rating
  • TRAI Call Drop Norms To Hurt Telcos’ Earnings: Bofa-ML
  • BSE Asks Brokers Using Algorithm Trading To Submit Audit Reports
  • Impairment For KG-D6 Block Likely For RIL
  • World Bank Poverty Estimates Are Poor, Says Government

  • US FDA Raises Concerns On Cipla’s Indore Plant
  • Oil & Gas Industry Seeks Slashing Of Rs 4,500 Per Tonne Cess On Crude
  • Tata Steel Says May Cut About 1,200 UK Jobs In Restructuring
  • Bajaj Finserv Consolidated Net Profit Jumps 40% In Q2
  • Biocon Q2 Profit 300% Up At Rs 306 Cr On Syngene Windfall
  • RIL’s Refinery Margins Will Continue To Improve: Moody’s
  • ACC Q3 Consolidated Net Down 40% At Rs. 115 Cr
  • HCL Tech To Buy Volvo’s IT Business
  • Vedanta To Export Over 5.5 Mt Iron Ore From Goa This Year
  • Govt Mulls Raising FDI Limit In News Media
  • Maruti’s Royalty Payouts To Suzuki ‘Extortive’, Says Report
  • Adani Transmission Q2 Consolidated PAT Jumps To Rs. 153 Cr
  • India In Talks To Buy Coking Coal Mines In South Africa
  • Hero Motocorp Q2 Profit Rises Marginally To Rs772 Crore
  • Airtel Raises $400 Million More From Sale Of Africa Assets
  • Govt Likely To Order Audit Of Telecom Firms
  • Rupee Closes 25 Paise Weaker Against US Dollar At 65.06
  • SKS Microfinance Net Profit Up 37% In September Quarter
  • Employment Increases By 5.21 Lakh In FY15
  • FY15 Coal Import Bill Spills Over Rs 1 Lakh Crore; 27.12% Jump
  • TCS Announces Global Alliance Partnership With Tableau Software

  • Govt To Tap Rs 10k Cr Idle Funds For BPL Age, Health Cover
  • Bond Holders Could See Windfall Gain With Hike In FPI Limit
  • Irdai Clears Air On Control Of Indian-Owned Cos
  • India At Rock Bottom In Global Pension Index
  • Ramco HCM Makes Its Foray In The US Market
  • S&P Unlikely To Change India’s Rating Till At Least 2016
  • Attune Technologies Raised $10m In Series-B Funding

Morning Business News Round up_October 14, 2015

Morning Business News :

  • Maruti Banks On Baleno For Hatchback Slot
  • Sun Pharma’s US Arm Taro Buys Zalicus Of Canada
  • Tax Refunds For India Inc To Ensure Fair Start To GST
  • Govt May Extend Anti-Dumping Duty On Cold Rolled Steel
  • BSE Becomes World’s Fastest Stock Exchange: Chauhan

  • Bob May Appoint Audit Agency To Probe Forex Scam
  • Overseas Investments By Indian Firms Fall To $1.24 B In Sept
  • TCS Q2 Net Up 6% Q-O-Q At Rs 6,055 Cr
  • SBI Gets RBI’s Nod For Starting Real Estate Subsidiary
  • NPCI, Building India’s Retail Banking Backbone
  • Indian Refiners Pay $700 Mn Oil Dues Second Tranche To Iran
  • Videocon Loan Conversion Enabling Resolution Passed At EGM
  • Tata Trusts To Be A Founding Partner Of Bharat Fund
  • Govt Issues Spectrum Trading Guidelines
  • NSE To Launch New Facility On Wednesday
  • FTIL Makes Last-Ditch Effort To Avoid NSEL Merger
  • IIP Numbers Encouraging, Govt To Continue With Reforms: Finmin
  • Chemists To Strike Nationwide On Oct 14 Against E-Pharmacy
  • Coffee Day Allots Shares Worth Rs. 334 Cr To Anchor Investors
  • Govt Frames Rules For Cab Aggregators Like Ola, Uber
  • AB Inbev To Buy Sabmiller For $104 Billion In Record Deal
  • DCB Bank Q2 Profit Falls 10.1% To Rs36.93 Cr On Higher Provisions, Tax Costs
  • R-Jio Starts Testing Jio Money For Merchants
  • Infosys To Start Seeing Meaningful Impact Of Automation By March 2016: Sikka
  • Bank Of Baroda Money Laundering Case: HDFC Bank Official Among 4 Arrested
  • Sensex Closes 57 Pts Down, Nifty Settles At 8,132; DB Realty Soars 10%
  • China Plans To Cut GDP Target To 6.5% In Next Five-Year Plan
  • India In Goldilocks Period; GDP Likely At 7.6%: Nomura
  • S&P Assigns Investment Grade Rating To M&M With Stable Outlook
  • Nippon Life Buys 14% More Stake In RCAM For 1,196 Cr
  • Sebi To Take Up Tax Concessions For Startups With Govt
  • Commercial Space Absorption Up 20% In July-Sept Quarter
  • ICICI Pru Life, Tata AIA Life Warned For Violations
  • Govt To Review Sugar Export Policy After Prices Rise
  • Suven Life Gets Patent For Neuro-Degenerative Drug