Morning Business News Round up_June 25, 2015

Morning Business News :

  • India Leads FDI In S.Asia With 34 Bn Investment
  • Bharti Airtel Files FIR; Accuses Rel Jio Of Using Data
  • Sebi To Soon Come Out With Crowd-Funding Norms
  • India To Ship 16.5mn Tonnes Of Iron Ore To Japan
  • Essar Oil UK Gets New Long Term Working Cap Funding
  • Tech Mahindra To Set Up Healthcare Unit With $94 Million Outsourcing Deal
  • More Time May Be Needed To Reach Greece Deal
  • Blips In Coal Auction Due To Over-Enthusiastic Bidders: Coal Secretary
  • SEBI To Start Commodity Brokers’ Registration From August

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  • BASF Commissions Pilot Plant For PU-Aerogel Insulating Panels In Germany
  • Adani Stops Work At Australia Coal Mine Due To Delays, Rejigs Budget
  • Grex To Roll Out Online Platform For Unlisted Firms To Raise Capital
  • Govt To Use 20% Diesel Requirements Through Bio-Diesel
  • NSQF Compliance To Be Mandatory For Govt Funding: Rudy
  • Crude Oil Import Bill May Decline To $88 Bn In FY16
  • L&T Arm Wins Offshore Contract Worth Rs. 2,715 Cr
  • Saroj Poddar’s Texmaco Rail To Merge Kalindee Rail With Itself
  • Finance Ministry To Asses Capital Requirement Of PSU Banks
  • Road Sector Will See Investments Of Over Rs1 Trillion This Fiscal: Vijay Chhibber
  • HUL In Talks To Buy Indulekha Hair Oil For Rs500 Crore
  • MF Distributors To Manage Assets Worth Rs23 Trillion By 2020: Report
  • RBI Chief Sees Little Impact Of Greece Crisis On India
  • PM Modi Voices Concern Over Infrastructure Projects Delays
  • HC Adjourns Aberdeen MAT Case Hearing To Next Week
  • Economic Recovery More Statistical Than Real: Yashwant Sinha
  • GMR Infra Seeks 5/25 Rejig Of Rs 37,000 Cr Debt

 

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Morning Business News Round up_June 24, 2015

Morning Business News :

  • Sebi Rejigs IPO Norms; Halves Listing Time To 6 Days
  • India To Inject About $3 Bn This Fiscal Year In State-Owned Banks
  • RIL Investors Concerned Over Its Media, Telecom Bets
  • Infosys Grants 124,061 Restricted Stock Units To Vishal Sikka
  • 3M Buying Capital Safety From KKR For $1.8 Bn
  • Top BSE Stakeholder Urges FM To Review Exchange Norms
  • El Nino Phenomenon To Have No Impact On Monsoon Rains: Expert
  • FMC’s Merger With SEBI By September
  • Govt Notifies New, Simplified Incom Tax Returns Forms
  • Private Sector Investments Imperative For Growth: Jaitley
  • Co-Payment In Health Insurance Only After Netting Hospital Discounts, Says IRDAI
  • RIL, ONGC, SBI, BHEL, L&T Could Be Out Of Sensex In 10 Years: Ambit Capital
  • GMR Infrastructure Seeks Loan Recast Under 5/25 Scheme
  • ECB Raises Emergency Funding For Greek Banks
  • Jaitley Hints At Joint Session Of Parliament
  • FSSAI Extends Ban On Chinese Milk Products
  • Concluding Trade Pact With India Is Australia’s Top Priority: Andrew Robb
  • BHEL Commissions 250-MW Thermal Unit In Assam
  • Softbank Keen On Working With AP In Renewable Energy Sector
  • Sebi Approves Trading Platform For Start-Ups
  • Investments Surge In India’s Telecom Industry
  • All Tax Refunds To Be Put Directly In Bank Accounts, Says CBDT
  • L&T Infotech To List On Exchanges By December 2015: Report
  • Videocon Will Be An Oil And Gas Firm In Three Years
  • Govt Mulls Roping In States For Commercial Mining Of Coal
  • Fin Ministry Reduces Penalty For Customs Duty Fraud By 10%
  • Govt Has Not Decided On Recapitalisation Figures For Banks: Arun Jaitley
  • Greece Debt Crisis: 11 Keypoints In Alexis Tsipras’s Cash-For-Reform Proposals
  • Blackberry First Quarter Software Revenue Jumps To $137 Mn

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  • Ashok Leyland Wins $82 Mn Bus Contract From Senegal
  • Mkts Extend Gain On Above-Normal Monsoon, Global Cues
  • Indian Biz Sentiment Boosted By June Rate Cut: Study
  • 85% Indian Retailers Use Emails For Customer Outreach
  • RBI External Panel Members Backed Rate Cuts At June Meet
  • Mahindras Launch Jeeto CV, To Invest `150 Crore
  • Jubilant Gets USFDA Nod For Generic Levofloxacin Tablets

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Morning Business News Round up_June 16, 2015

  • R comm In Exclusive Merger Talks With Sistema Shyam
  • FIPB Again Defers Kotak Mahindra Bank’s Proposal For Raising FII Limit
  • Adani In Pact For Solar Power Park In JV With R’than
  • SEBI Bans Karvy Stock Broking From New IPO Work For 1 Yr

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  • Mahindra Bags Multi-Million Dollar Deal With Airbus
  • PFC To Issue Foreign Currency Bonds Of $1 Billion
  • Greece And Creditors Fail In “Last Attempt” To Reach Deal
  • Petrol Price Up By 65 Paise, Diesel Price Cut By Rs 1.35
  • Ruias Set To Sell 49% In Essar Oil To Russia’s Rosneft
  • LIC Strikes Gold In PSU Picks
  • India’s Banking Norms ‘Rigorous’ Than Basel Framework: Panel
  • Rainfall Above Normal So Far: Weather Department
  • WPI-Inflation Dips Further To (-) 2.36% In May
  • Vedanta To Be Accountable For Cairn’s $3.2-Bn Tax Demand: Moody’s
  • Transferring FTIL Stake: MCX-SX Clearing Corporation’s EGM On Tuesday
  • Aurobindo Pharma Gets USFDA Nod For Phenytoin Sodium Capsules
  • Nestle To Destroy Rs. 320 Cr Worth Of Maggi Noodles Stocks
  • Vodacom’s $565 Million Bid For Tata’s Neotel Approved By Regulator
  • Mukesh Ambani’s $16 Bn 4G Disruption Set To Curb Tariffs In India
  • Lafarge To Buy Back 14% Stake In India Unit From Baring Private Equity
  • Ajay Mahajan To Head Commercial, Wholesale Business At IDFC’s New Bank
  • Idea Records Highest Revenue Market Share Growth In Q4FY15 & FY15: TRAI
  • Drought May Hit Rural Indian Economy This Year
  • Cairn Energy, LIC Hold Key To Cairn-Vedanta Merger
  • BSE Sensex Rises 161.25 Pts To Close At 26,586.55

 

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Morning Business News Round up_June 15, 2015

  • Anil Ambani Goes Big On Defence, Raises 11 New Cos
  • Rainfall 5 Per Cent Above Normal Till Now: MET
  • Govt Infra Firm To Award Rs 1.3-Trn Highway Projects
  • Tata Steel Approaches Acas To Resolve Pension Dispute
  • MHA Officials Skip Talks On Sun TV’s Security Clearance
  • NTPC Intends To Buy State Stressed Power Assets
  • China To Extend Economic Diplomacy To EU Infra Fund
  • Cairn India, Vedanta Boards Approve Merger At 1:1 Ratio
  • State-Run Banks Put Rs 14,000-Cr Bad Loans On The Block
  • Govt Asks Top Taxmen To Ideate For Widening Tax Base
  • Sebi Board May Finalise Detailed E-IPO Norms This Month
  • PE Deals Worth $5.85 Bn Sealed During Jan-May: Thornton
  • TCS, Infosys Visa Issue: Govt To Intervene When Required
  • Finmin May Finalise Additional Fund Needs For Banks In 3 Mnths
  • FDI In Services Sector Up 46% In 2014-15
  • Reliance To Launch Jio By December This Year

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  • Public Sector Banks Advised To Lend More For Housing
  • ABG Shipyard In Talks With Privinvest For Stake Sale
  • IIP Grew 4.1 Per Cent In April
  • Coal India Sixth-Largest Mining Company In The World: Pwc
  • Govt Sets Up Rs1,500 Cr Nuclear Insurance Pool
  • NDMC Defers Taj Mansingh Auction; IHCL Gets 3-Month Extension
  • Vodafone, MTS Hike Prepaid Data Tariffs In Delhi
  • Fpis Outflow Touches Rs 4,700 Cr In June
  • Unnecessary Negativism Around Indian Economy: Puri
  • India Inc Garners Rs 1 Lakh Cr Via Debt Placement In April-May
  • Top10 Sensex Companies Lose Rs 54,189 Cr In Market Valuation
  • Corporate Debt Mop-Up Hits Rs 1 Lakh Cr In April-May
  • Infra Psus In Queue To Float Rupee Bonds Abroad
  • Frustrated By Rs 20,495-Crore Tax Demand On Cairn: Vedanta
  • Honda Eyes Double Digit Car Sales Growth, Banks On New Jazz
  • Robust FII Inflows Look Difficult; Focus On Increasing FDI

 

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Morning Business News Round up_June 12, 2015

  • India Secures Top-Most Rating For Fin Mkt Regulations
  • Telecom Comm Finalises Views On Spectrum Sharing
  • Greece Gets Wake-Up Call: Coming Week May Seal Fate
  • Government Scraps Import Duties On AIDS Drugs
  • EU Tells Greece: Time’s Up, No More Gambling
  • EU Regulators See Harm In GE’s Alstom Power Deal
  • Hardy In Talks To Buy Out RIL Stake In GS-1 Block
  • ABG Close To Selling Controlling Stake To Privinvest
  • Ambani Company Gets Loan Restructuring Package
  • S&P Downgrades Greece After IMF Repayment Delayed
  • Less Appetite Likely For Rupee-Linked Bonds Abroad
  • World Oil Demand To Jump After Price Slump:IEA
  • R-Infra’s Mumbai Metro Refinances Rs 1,650-Cr Debt
  • Insurers May Not Pay For Nestle’s Losses
  • Tata Power Talks To Lenders To Refinance Mundra UMPP Loans
  • China’s Move To Release Reserve Stocks Unnerves Cotton Trade
  • Nestle Approaches Bombay HC Against FSSAI, FDA Order
  • BSE To Launch Govt Bonds In Demat Mode

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  • Govt To Hike Cairn’s Ravva Field Gas Price By 20%
  • Tata Group Likely To Invest In Electrosteel Steels
  • Jagran Prakashan Completes Acquisition Of Radio City
  • RBI Allows Nris To Invest In Chit Funds On A Non-Repatriation Basis
  • HUL To Withdraw Knorr Noodles Pending FSSAI Approval
  • Tata Group Makes Additional Investment In Solar Cell Maker Flisom
  • PSU Banks Need More Govt Funds Than Budgeted: RBI Deputy
  • Novartis India Arm Says Unaware Of Any Delisting Plan
  • Sensex Plunges By 470 Points, Nifty Cracks 8,000-Level
  • Tata Steel Shares Decline As British Unions Plan Strike
  • Indian Angel Network Invests USD 350,000 In Adstringo Software
  • Sandoz Inc Recalls India-Made Anti-Allergic Tablets In US
  • Unitech Plans To Raise Rs 200 Cr For Ongoing Housing Projects

 

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Morning Business News Round up_June 11, 2015

  • Court Orders Greece To Reverse 2012 Pension Cuts
  • British Government To Begin Sale Of RBS Stake
  • Jan-March Quarter CAD Narrows To 0.2% Of GDP
  • CCEA Okays Rs 6,000-Cr Interest-Free Loan To Sugar Mills
  • Govt To Contribute Rs 600 Crore To Nuclear Pool
  • Land Acquisition Impediment For Investing: China
  • Union Cabinet Clears Ordinance In Cheque Bounce Cases
  • Indusind Bank, Bankers In Talks For $750 Mn Share Sale
  • Vedanta-Cairn Merger To Be Announced On Sunday
  • Govt May Increase NREGA Work Days In Case Of Drought
  • Finmin Readies Plan For Strategic Sale Of Unviable Govt Assets
  • RBI’s Net Purchase Of Dollar At $5.43 Bn In April 2015
  • L&T Finance Holdings Rises On Stake Sale Plan
  • Cabinet Approves Production From 3 Naphtha-Based Urea Plants
  • BEML Receives Rs 645 Cr Order From Delhi Metro
  • Panel On Accounting Standards To Stick With Existing Roadmap For IND AS
  • Centre Okays Large-Scale Pulses Imports
  • Rajasthan May Auction 10 Lignite Blocks In FY16 To Generate Power
  • India’s Coal Consumption Grew Fastest In The World In 2014: BP
  • Centre Nod For Rs. 1,905 Cr Yadgiri-Warangal Road Project
  • UTI-IAS Acquires Vijay Mallya’s 3.97% UBL Voting Rights After Default
  • Domestic Car Sales Jump 7.73% In May: Siam
  • Banks May Further Reduce Lending Rates By End Of The Week: HDFC
  • SBI’s Arundhati Bhattacharya Urges More Action On Loan Default Policy
  • Bayer To Sell Diabetes Unit To KKR Unit For $1.15 Billion
  • BSE Sensex Snaps 6-Day Losing Streak, Ends 359 Points Up
  • Aircel Cuts Roaming Rates In South India, Offers Free Incoming

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  • Documents Filed By Essar Group’s Ravi Ruia Appear To Be ‘Suspect’: Court
  • Sebi Cracks Down On 200 Illicit Fund-Raising Activities
  • Asset Base Of Equity Mfs Climbs 72% To Rs 3.25 Lakh Cr

 

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Morning Business News Round up_June 10, 2015

  • Coal Min To Reserve Coal For Unregulated Sectors.
  • Piramal Realty In Talks With DB Group For Rs 1-K-Cr Deal.
  • Govt Wants To Convert ONGC Loan To Unit Into Equity: Report.
  • Adani Group To Hit Global Bond Market With $1.5-Bn Issue .
  • RBI Allows Selling Re Debt Offshore, Sets Price Cap.
  • Greece Makes New Proposals To End Bailout Impasse.
  • GE Takes Step Away From Banking With $12 Bn Deal.
  • No Proposal On Waiver Of MSME Loans,Minister Kalraj Mishra.
  • Govt Turns Down FDI In Retail E-Commerce.
  • Waiver Notified From Many Provisions Of Companies Act.
  • Rank Us Fairly On ‘Ease Of Biz’ List, India Urges World Bank.
  • Sebi Seeks Fresh Clarification On Numero Uno’s IPO.
  • GST Will Lower Logistics Costs By 20% Says CRISIL.
  • Vedanta-Cairn India Merger In The Offing, Say Sources.
  • Sebi Rejects MCX Proposal To Hold 15% Stake In MSEI.

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  • Asian Gold Buyers Retreat As Prices Stuck In Tight Range.
  • Finmin Returns Oil Ministry’s Gas Price Premium Proposal .
  • Deficient Monsoon Casts Cloud Over Agro-Chemicals Sector .
  • Omega Healthcare Ties Up With US Medical Coding Training Body.
  • India Among Top 10 Countries Globally On Allianz’s ‘Peril’ Ranking.
  • Rajesh Exports Bags Order Worth Rs. 1,302 Cr .
  • Finmin Exempts Non-AC Restaurants From Service Tax.
  • PVR Acquires DT Cinemas For Rs 500 Crore.

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  • Banks Welcome RBI’s New Debt Recast Norms, But Fitch Sees Challenges.
  • RBI Allows Indian Companies To Issue Rupee Bonds Overseas.
  • Mahindra Holidays To Increase Stake In Holiday Club Resorts Oy.
  • Car Makers Add Safety Features Ahead Of Mandatory Crash Tests.
  • Morgan Stanley Remains Bullish; Retains Sensex Target At 32,500.
  • Expatriates Send Home $100 Bn In Remittances: Report.
  • BSE Sensex Ends 41.84 Pts Down At 26,481.25; Nestle India Shares Rise 7.47 Pct.
  • Tata Steel UK Workers To Go On Strike On June 22 Over Proposed Changes In Pension.

 

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Retail News Round Up_ June 09,2015

  • Big basket To Tie Up With 1,800 Stores In Private-Label Push
  • Armed With Freecharge, Snapdeal Rolls Up Sleeves To Take On Paytm In India Market
  • FSSAI Orders Testing Of GSK, ITC Fast Food Brands

  • Foodpandas Competition Is The Offline Market
  • House Worth Rs 1.1 Crore Sold On Snapdeal-Tata Housing Platform
  • Ecommerce To Grow At 10-15 Per Cent Annually
  • Home Delivery Startups Hiring On-Demand Labour
  • Maggi Will Hit Nestle Shareholders , Lower Dividends, Lower Stock Returns
  • Nestle India Falls On Likely Earnings Loss Of Rs 160 Crore In June Quarter

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Morning Business News Round up_June 09, 2015

  • El Nino’s Return May Increase Food Prices In Asia
  • Vedanta To Merge Cairn With Itself To Help Ease Debt
  • Strong Action Against Tax Evaders Acts As Deterrent
  • Coal Ministry Invites Bids For Third Round Of Auction
  • SEBI Clears 3 IPOs; Total Approvals Reach 17 This Year

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  • Weak Monsoon To Be Credit Negative For India: Moody’s
  • Shell To Open Largest Offshore Delivery Centre In B’luru
  • IATA Hikes 2015 Global Airline Profit Forecast To $29bn
  • RBI Allows Banks To Take Over Stressed Firms
  • Hero Motocorp Ties Up With PNB To Push Rural Sales
  • Only Bare Minimum Work At Tata Steel Europe From June 16
  • NITI Aayog, China’s DRC To Jointly Develop Macro-Economic Models
  • HDFC To Raise Rs 5,000 Cr Via NCD, Warrants
  • Sterlite Grid Commissions First 765 Kv Transmission Project In Pvt Sector
  • Home Ministry Denies Clearance To Sun TV Channels
  • Regulatory Vacuum Blamed For Spate Of Ponzi Schemes
  • Vivimed Lab Issues Convertible Warrants To Mauritius Firm
  • Global Regulator Body Moots 8 Steps To Reduce Reliance On Ratings
  • Banks’ Bad Loans May Increase To 5.9% In 2015-16: ICRA
  • Focus On Getting Ranbaxy’s Plants USFDA Nod One At A Time: Sun Pharma
  • FSSAI Puts More Brands Under Scrutiny
  • Corporate Dividend Payout Ratio At Highest In At Least 11 Years
  • Piramal Renames Ovulation Test Kit After Court Order
  • SBI, Other Banks Struggle To Recover Dues From Small Firms
  • Adani Stocks Episode Should Prompt A Rethink Of Rules
  • Diageo Shares Surge On Report Of Possible Takeover By Lemann
  • Greece Talks Of Compromise As Angela Merkel Warns Time Short For Deal
  • Sensex Falls To Nearly 8 Months Low; Ends 245 Pts Down
  • Agri-Reforms Amid Drought Warnings Mega Challenge For Centre
  • Maggi Noodles Imported Into Canada Comes Under Scanner
  • Bhel Gets ‘Reduce’ Rating On Feeble Revenue, Margin Growth Trend

 

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Retail News Round Up_ June 08,2015

  • Sale Of Instant Noodles From Other Brands Falls As Much As 80% Across India
  • After Food Delivery Service, Ola Starts Pilot Project For Groceries
  • Kellog’s, Complan Brands Under Top Food Regulator’s Lens
  • Nestle Likely To Struggle With Maggi Recall As 40% Of Total Stock Outside Its Direct Distribution Network
  • Bombay Dyeing To Sell Ranjangaon Unit On A Slump-Sale Basis For Rs 230 Crore
  • Amazon Expands Incentives, Services For Third-Party Sellers
  • Government To Sue Nestle For Damages On Behalf Of Consumers
  • Café Coffee Day (CCD) & Starbucks May Offer Tough Competition

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  • Taco Bell Launches 1st Store In Delhi
  • Nestle Replaces Maggi Ads With Nescafe And Kitkat Commercials, To Lose About Rs 10 Crore
  • Huballi Venture May Expand To Towns With A Strategy Different From CCD & Starbucks

 

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