Morning Business News Round up_July 14, 2015

Morning Business News :

  • Oil Traders Mount Bets On Iran Nuclear Deal Hopes
  • RBI May Cut Rate By 0.25% Next Month: Bofa-ML
  • GMR In Race For 5 Airports In Philippines Worth $2.4 Bn
  • BPCL To Invest $4 Bn To Double Bina Oil Refinery
  • Greece, Euro Zone Nations Reach Deal On Bailout
  • Govt To Pay Rs 12/Litre Kerosene Subsidy, Full For LPG
  • Sebi To Auction Property Related To Pyramid Saimira Case
  • Steel Imports Up 50% In Q1; Consumption Up 7.1%
  • Consumer Price Inflation For June Spurts To 5.4%
  • $500-M ADB Loan Likely For Chennai-Vizag Corridor
  • Titagarh Wagons Acquires Italian Firm
  • FMC To Bar Brokers Named In NSEL Scam From Bourses
  • MCX Gains On Favourable Verdict Against Metro SE

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  • 27% Teas Unsold At Coonoor Sale Despite Dip In Prices
  • State-Run Banks Can Sell $8 Billion Non-Core Assets To Raise Capital: Jefferies
  • SC Clears ED Proceedings Against Vijay Mallya, Imposes Costs
  • Essel Propack To Sell Lamination Packaging Unit To Australian Firm
  • Adani Group Gets Final Go-Ahead On Vizhinjam Port Project
  • HCL To Buy Assets Of US-Based Trygstad Technical Services
  • Global Warming May Eat Up $200 Bn Crops Globally By 2050: Study
  • India Among 13 Countries To Host Windows 10 Launch On July 29
  • Vedanta Looks To Regain Market Share After Goa Mining Resumption
  • Indusind Bank Q1 Net Profit Jumps 25% To Rs 525 Crore
  • Govt Growth Estimates Not In Line With Ground Reality: Bajaj
  • Strong Eco Growth In India To Revive Steel Demand: Moody’s
  • Suven Life Gets Patent For Neuro-Degenerative Related Products
  • Ventura Power Pledges Its 2.65% Stake In Adani Power
  • IGL Raises Stake In MGNL To 50%
  • Sanghi Ind To Invest Up To Rs 1500 Cr For Capacity Expansion

 

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Morning Business News Round up_July 10, 2015

Morning Business News :

  • ICICI Bank May Sell Home Finance Arm For Rs 4,400 Cr
  • Wipro Digital To Acquire Denmark Design Firm Designit
  • India To Beat China Again As Fastest-Growing In 2016: IMF
  • US Jobless Claims Rise To Highest Level Since Feb
  • India Overtakes China In High-End Phone Volume Growth
  • Deadline Puts Greece’s Euro Membership, Debt On Table
  • P&G To Sell Beauty Business To Coty In $12.5 Bn Deal
  • NYSE Crash: Sebi, Exchanges Review Risk Management Systems
  • A China-Like Rout Is Unlikely On Dalal Street Anytime Soon
  • JSW In Talks To Buy Monnet Ispat’s Odisha Power Plant
  • Modi Proposes 10-Point Initiative For BRICS Nations
  • IDFC To Apply For Final Bank Licence July 10
  • Sebi Should Not Dilute RPT Norms, Says Iias
  • TCS Posts 13% Rise In Q1 Net, Beats Estimates
  • Despite Signs Of Revival, Cement Demand Remains Weak
  • Restore Systemic Failure In 4 Hours: Regulator To Dps
  • 1:1 Bonus From Aurobindo

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  • Bombay Dyeing Gets Nod For Sale Of Pune Unit
  • PMC Fincorp Board Approves 1:1 Bonus Issue
  • Banking Exposure To Stressed Firms Up 85% Since FY12: UBS
  • Bandhan Bank Strikes Deal To Raise Rs.1,500 Cr
  • RBI Introduces Prepaid Cards For Mass Transit Systems
  • Aditya Birla Nuvo Enters Solar Power Business
  • Bajaj Corp Q1 Net Up 19.94% At Rs.47.51 Crore
  • JSW Energy In Pact To Acquire Monnet Power
  • BSE Sensex Closes 114.06 Points Down To 27,573.66, NSE Nifty Below 8,350
  • Lenders Nod To Bhushan Steel For Rs 30K Cr Loan Restructuring
  • Arun Jaitley Hopeful Of GST Bill Passage In Upcoming Parliament Session
  • Indian Angel Network Invests Rs 3.84 Cr In Infinity Assurance
  • BRICS Bank To Keep Borrowers’ Interest In Mind: Kamath
  • Wipro To Acquire Designit For 85 Million Euros
  • Indian Business Dreads Lifting Of Iran Sanctions
  • Govt To Create 50 Lakh Jobs In Highways, Shipping

 

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Morning Business News Round up_July 09, 2015

Morning Business News :

  • India, Kazakhstan Ink Deals On Uranium Supply & Defence
  • Yes Bank Plays Down Bad Loan Worries After UBS Report
  • MF Global Asset Base Climbs To Record $74 Tn In 2014
  • Lenders Nod To Bhushan Steel For Rs 30K Crore Loan
  • India Inc Gives Rs 4.5-Lakh-Cr Forex Debt Headache
  • India, Russia Sign Mou For Funding Of Hydro-Generation Projects
  • Rosneft Signs Deal To Buy Stake In Essar Oil

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  • India To Be Made SCO Permanent Member: Putin To Modi
  • India To Contribute $18 Bn To BRICS Forex Reserves Pool
  • FII Holding In Indian Insurance Promoter Not Part Of Total FDI
  • Greece Seeks3-Yr Loan, Pledges To Enact Reforms Next Week
  • NHAI, PFC, NTPC, 4 Others To Issue Rs. 40K Cr Tax Free Bonds
  • Tata Invests In Coimbatore Electric Vehicle Start-Up Ampere
  • CG To Supply Electrical Motors To Lafarge Worldwide
  • US Stocks Fall As Treasuries Rise Amid China Rout, Fed Concern
  • NYSE Suspends Trading In All Securities
  • US Ex-Im Bank Suspends $1 Billion Loan For Energy In India
  • Brazilian Regulator Suspends Lupin’s Drug Import, Stock Dips
  • Infosys Bags Multi-Million Euro Deal From Deutsche Bank
  • CMC April-June Consolidated Net Profit Falls 3.7%
  • Reliance Industries Completes 49.9% Stake Sale In US Pipeline Venture For $1bn
  • Greek PM Alexis Tsipras Pleads For Fair Deal For Greece In EU Parliament
  • June Sees 2nd Best Monthly Mutual Fund Inflows At Rs 123 Bn
  • Microsoft Writes Off $7.6b In Nokia Deal; To Cut 7,800 Jobs

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Morning Business News Round up_July 08, 2015

Business Morning News :

  • Cos Put Debt Over Equity, Raise Rs 1.33 Lakh Cr From Markets
  • India Likely To Sign US Tax Compliance Law FATCA On Thursday
  • Greek Crisis Prompts SBI To Delay $1.5-Billion Bond Sale
  • India Overtakes US As 3rd Largest Steel Producer: Tomar
  • FMC Reduces Trading Time Of Evening Session By Two Hours

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  • Adani Group In Advanced Talks To Take Over L&T’s Kattupalli Terminal
  • Lenders Seek New Promoter For Electrosteel Steels
  • HUL, Gillette Settle Trademark Dispute Amicably
  • India Seeks $2 Bn From World Bank, ADB For Rooftop Solar Projects
  • RBI Prepares To Mop Up Excess Liquidity To Counter Inflation
  • PNGRB To Call Fresh Bids For City Gas Distribution Licenses
  • IOC-Adani Combine Bids For CNG Retail Licence In 5 Cities
  • Nestle Pays Ambuja Cements Rs 20 Cr To Destroy Maggi Packets
  • United Spirits Exits From United Breweries Via Block Deal
  • Hindalco Said To Seek Refinancing Of $2.4 Billion Debt
  • HDFC MF Sells 2.01% Stake In P&G For Rs.429 Crore
  • Mcleod Russel India, World’s Biggest Tea Producer, Set To Gain From Kenya Dry Spell
  • IDBI Signs Refinance Agreement With Mudra Bank
  • Karbonn Set To Start Assembly Lines, Factory In India
  • Rate Cuts, Not Reforms, Key To Immediate Recovery: Bofa ML
  • Sensex Falls 37.07 Pts To End At 28,171.69 In Volatile Trade; Nifty Above 8,500
  • Rel Ind To Sell 3.1% In Network 18; May Get Rs 173.55 Cr
  • Govt Initiates Stake Sale In 8 Psus, CPSE ETF; Looks To Mop Up Rs 18,000-19,000 Cr
  • Greek Crisis Likely To Impact Rupee Value

 

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Morning Business News Round up_July 06, 2015

Morning Business News :

  • JK Tyre Leads Race For Rs. 2,000 Cr Birla Tyres Deal
  • ABCIL Gets Nod For Merger With Grasim Industries
  • Greeks Say ‘No’ To Bailout, Show Partial Poll Results
  • Apex Life Insurance Body Apprehends PMJJBY Viability
  • GST, Land Bill Necessary For 8-10% Growth: Arun Jaitley
  • Deutsche Bank’s $1 Billion Investment Faces Fresh Probe
  • Subdued Demand Hits NMDC; Cuts Iron Ore Rates By 30% Since Jan
  • Chhabria’s ABD To Acquire Tilaknagar Industries
  • 10 M Tonnes Of Coal Will Be Auctioned To Power Sector: Goyal
  • BSE Sets New Norms For Bidding In OFS Segment

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  • NTPC, PTC India Allowed Dollar-Linked Tariffs For New Solar Projects
  • L&T Delivers Indigenously Designed Reactor For Nuclear Plant
  • NSE Plans To Seek Board Approval For Listing
  • Adani Gr To Set Up Solar Park In Tamil Nadu For Rs4,536-Cr
  • Sterlite To Invest Rs400crore On Optic Fibre Project
  • Top 8 Sensex Companies Add Rs 25,217.48 Cr In Market Valuation
  • Bharti Airtel Blames Lack Of Mobile Towers For Frequent Call Drops
  • Low Inflation Offers Scope Of RBI Rate Cut To Boost Growth: SBI

 

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Morning Business News Round up_July 03, 2015

Morning Business News :

  • BP Settles US 2010 Oil Spill Claims For $18.7 Billion
  • Airtel Sells Towers In 5 African Countries For $1.3 Bn

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  • FII- MAT Tussle Stuck At ‘Place Of Business’ Roadblock
  • NCDEX Launches Gold Delivery Centre In Hyderabad
  • Sebi Plans New Outsourcing Policy For Exchanges, Key Entities
  • Nikkei Takes Over Asia Market PMI Series Sponsorship From HSBC
  • FII Limit In G-Secs To Be Revised Twice A Year
  • Sun TV Moves Apex Court Against ED Attaching Its Assets
  • National Number Portability Rolls Out Today
  • Lupin Buys Russia-Based Biocom
  • Sundaram Mutual Puts Entry Barrier For High-Risk Schemes
  • RBI Says Economy Recovering, Exposure To Greece Limited
  • Diis’ Equity Investment In June Quarter At A Record High
  • Rajesh Exports May Buy European Firm For Up To $500 Million
  • India In Talks With ADB, World Bank For $2 Bn Loan For PGCIL
  • Copper Market Weighed Down By Surplus
  • Greece Must Reform Before Debt Relief: IMF Chief
  • Reliance Power Gets 5/25 Relief For Two Thermal Projects
  • Essar Created ‘Corporate Veil’ To Conceal Holding In Loop Telecom: CBI
  • PE Investments Up 80% To Over $4b In Q2, 2015
  • Govt Allocates Rs 200 Cr For National Agri Market
  • Capgemini’s $4b Deal To Acquire IGATE Gets CCI Nod
  • Dalmia Cement Bharat Forays Into Maharashtra
  • Birla Corp Plans To Raise Cement Capacity To 15 Mt
  • SBI Sees Rates Remaining Steady Till Credit Growth Moves Up

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Morning Business News Round up_July 02, 2015

Morning Business News :

  • Govt’s ‘Digital India’ Call Gets Rs 4.5-Lakh-Cr Promise
  • Greek PM Tells Voters Rejecting Austerity Will Yield Better Deal
  • World Bank Okays $650-Mn Loan To Eastern Freight Corridor
  • SEBI May Check High-Frequency, Algo Speed To Curb Manipulation

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  • NPS Funds Of Private Firms Can Be Invested In Etfs
  • Private Equity Fund Returns Fell Sharply After 2008: Report
  • Mahindra Revs Up To Provide In-Dash Android Access
  • Algo Trading In Domestic Commodities Sees Sharp Spike
  • Ratan Tata Invests In Taxi-Hailing Company Ola
  • SBI Plans Massive Branch Overhaul; To Focus On Digital Banking
  • India Inc’s Debt A Burden For Reserve Bank Of India
  • UK Food Standards Agency Finds Made In India Maggi Safe To Eat
  • Private Non-Financial Firms’ Q4 Net Down 12.5%: RBI
  • Mahindra & Mahindra Sales Down 6 Per Cent In June
  • Maruti Picks Up Pace, Sales Grow 1.8 Per Cent In June
  • HSBC Manufacturing PMI Shrinks In June, Job Strain Stays
  • EMC, Magor Infuse `100 Crore Fresh Equity In Mcnally Bharat
  • JSW Cement To Invest `2,200 Cr To Raise Capacity To 20 Mt In 3 Yrs
  • Gold Rush Spawns Maverick Billionaire Jewellers In India

 

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Morning Business News Round up_July 01, 2015

Morning Business News :

  • Greece Becomes First Developed Country To Default On IMF Payment
  • ‘Grexit May Trigger Surge In Indian Borrowing Costs’
  • Literacy Rate At 71% In Rural India, 86% In Urban: Survey
  • HSBC Faces $2.4 Bn Bill For New Ringfencing Rules

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  • Finmin Mulls Merging Bhartiya Mahila Bank With SBI
  • Hinduja Global To Acquire Stake In Mphasis’ BPO Biz
  • Govt Considers Imposing 10% Import Duty On Wheat
  • Greece In Last-Minute Rescue Appeal As Default Looms
  • Greece Seeks Two-Year Bailout Programme
  • April Core Sector Soars 4.4% After Two Months Of Decline
  • Pfizer Gets CCI Nod For Hospira Merger
  • NCDEX Plans To Add More Commodities In Mini Contracts
  • Govt To Spend More To Revive Investments
  • India Bans Oil Trade With Islamic State-Linked Organisations
  • Petrol Prices Cut By 31 Paise A Litre, Diesel By 71 Paise
  • Infibeam Files IPO Papers With Sebi, To Raisers.450 Crore
  • Airtel Becomes World’s Third Largest Mobile Operator
  • No Whatsapp For NLD Or Local Calls, Says Dot
  • Further Rate Cut Of 25 Bps Likely This Fiscal: Citigroup
  • Bharti Airtel Inks 4-Year Deal With Nokia For 3G Services

 

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Morning Business News Round up_June 30, 2015

Morning Business News :

  • NCDEX Opens A’bad Delivery Centre For ‘Gold Now’ Contracts

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  • GDP To Hit $3 Tn Mark In Five Years: Panagariya
  • Kotak Mahindra Bank Gets Nod For 1:1 Bonus Share
  • SEBI Decision On OFS Not Sufficient Boost To PSU Divestment
  • JSW Steel Seeks Shareholder Consent For Rs 4K-Cr QIP
  • RIL To Defer Gas Field Development If Price Outlook Remains Uncertain
  • Greece Crisis May Have Indirect Impact On India: Finance Secretary
  • BPCL Acquires 19.97% Stake In Petronetcck
  • SBI Steps Up Recovery Of Bad Loans In Retail, Realty Segments
  • Regulate OTT Services, Recommends Dot Panel
  • NSE To Launch New Platform For Negotiated Trade In Debt From July 1
  • JSW Steel Seeks Shareholders’ Nod To Raise Rs 4K Cr Via QIP
  • Greek Crisis Not To Impact ICICI Bank: Chanda Kochhar
  • Indian Power Plants Find Rs1.2 Tn Of Capacity Has No Takers
  • Adani Suspends Australia Project’s Engineering Work Over Delay In Approvals
  • Amazon To Offer Loans To Sellers In India, Seven Other Countries
  • PNB, Allahabad Bank Agree To Sell Bharati Shipyard Loans To Edelweiss ARC
  • Greece Takes A Toll On Tata Motors, Bharat Forge, Other Indian Cos With Exposure To Europe
  • Rains Hold The Key To 25 Bps RBI Rate Cut On Aug 4: Bofa-ML
  • Tech Mahindra Sees Weak Q1 Revenue On Visa Costs
  • Banks In India Slow In Passing On RBI Rate Changes: IMF
  • HUL Increases Market Share In 90% Of Its Product Portfolio
  • CERC Asks FTIL To Transfer Stake In IEX To Trust A/C By Jul 2

 

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Morning Business News Round up_June 29, 2015

Morning Business News :

  • American Tower, Carlyle Lead Race For Rel Infratel; Bids Value Firm At Up To Rs 24,000 Cr
  • Sajjan Jindal’s JSW Group Bets Big On Ports Sector
  • HDFC Bank Breaches RBI Limits On Loans To Reliance
  • Germany’s Oldest Remaining Nuclear Plant Shuts Down
  • Yes Bank Plans $1-Billion ADR Issue Next Fiscal
  • Govt’s Capital Spend In H1 Might Jump 25% This Year
  • Govt Rejects Cairn’s Arbitration On Tax Dispute
  • Finmin, RBI Meet Likely On June 30 On Public Debt Office
  • Govt Plans To Set Up Rs 500 Cr VC Fund For Pharma Industry
  • Road Projects Worth Rs13k Cr Awarded Under PPP Mode This Fiscal
  • Unitech Raises Rs 70 Cr From Piramal Group For Chennai Project
  • Govt Rejects Cairn’s Arbitration On Tax Dispute
  • BSE Starts Work On Setting Up Global Stock Exchange

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  • Lupin To Strengthen Branded Portfolio Through Alliances
  • RBI May Give Payment Bank Licence To Dop By August
  • IMD Forecasts Less Than Normal Rainfall In July, August
  • IMF Paper Counters RBI’s Rajan On Easy Policy Being Crisis Recipe
  • Persistent Low Rates Indicate Global Eco Malaise, Warns BIS

 

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