Morning Business News Round up_Feb 02, 2016

Morning Business News :

  • New Private Banks May Get 74% FDI From Start
  • RBI Makes Online Filing Of FDI Forms Must From Feb 8
  • Indian Growth Robust Powered By Domestic Engine, Says Nomura
  • Vietnam Lifts Ban On Groundnut Shipments From India
  • Govt Bans Zero Duty Import Of Capital Goods For Power Plants
  • Panel Suggests More Freedom For India Inc
  • Core Sector Output Recovers, Rises 0.9% In December
  • Tech Mahindra Q3 Net Drops 3% To Rs 759 Cr Q-O-Q
  • Wipro Picks Stake In Pune Startup Altizon Systems

  • USFDA Inspects 2 Units Of Aurobindo Pharma
  • Century Textiles To Consolidate Real Estate Units
  • Ipca Labs Gets FDA Warning For 3 Plants
  • Under-Recovery For PDS Kerosene To Be Rs. 5.11 A Litre In Feb
  • China Manufacturing Index Falls To Three-Year Low
  • Govt May Ask Banks For At Least $295 Million In Back-Taxes
  • Maruti Suzuki Domestic Sales Remain Flat In January
  • Petrol Price Cut By 4 Paise, Diesel Price By 3 Paise
  • Adani Enterprises Q3 Net Plunges 44% To Rs196 Crore
  • GAIL Plans To Import Ethane From US For $5 Bn Petrochem Plant
  • ATF Prices Cut By Sharp 12 Pc, Non-Subsidised LPG To Cost Less
  • Sensex Jan Fall Worst In 5 Yrs, Fiis Outflow Highest In 8 Yrs
  • SEBI Puts Ratnakar Bank DRHP Under On Temporary Suspension
  • Sensex Closes 46 Points Down Ahead Of RBI Policy Review
  • RBI May Hold Rates To Check Inflationary Pressures
  • Dr Reddy’s Gets Tentative Approval From USFDA For Zenavod
  • CBDT Signs Two Bilateral Apas With UK
  • Bhel Bags Rs 2.7k Cr Order For 800

Today’s Wealth Mantra !

“Successful investing professionals are disciplined and consistent and they think a great deal about what they do and how they do it.”

– Benjamin Graham

Demat_Offer

M & A Deals_Dec 24,2015

M & A Deals :

  • Shotang raises $5M in Series A funding from Exfinity and Unitus Impact
  • Wipro to acquire US BPaaS firm Viteos for $130MWelspun sells 37% stake in road project to IDFC fund
  • Mobile gaming firm Mech Mocha gets $1M from Blume, Flipkart
  • Tech Mahindra forays into mobile wallet space with MoboMoney

 

Today’s Wealth Mantra !

“With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms.”

-Hunter S. Thompson

 

Demat_Offer

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