Morning Business News Round up_January 22, 2016

Morning Business News :

  • Trai may propose increase in quantum of auction
  • ECB keeps rates unchanged at record low as expected
  • NSEL to pay Rs 1.66 cr fine in money laundering case
  • RBI allows banks to sell India Gold Coins

  • Vedanta pares down bond repurchase to $227 mn
  • RBI caps number of transactions on pensioners’ a/c
  • Adani may buy L&T’s Punjab power plant
  • Bankers finalize new owners for Electrosteel
  • Natco enters licensing agreement with Brystol-Myers Squib
  • Hindustan Zinc’s Q3 net slides 24%, Q4 output seen muted
  • Glenmark Pharma gets USFDA nod for two generic drugs
  • IOC doubles crude oil buy from Nigeria on term contract
  • Textile exports may cross $40 b this fiscal: Minister
  • NSE shareholders fear revamp plans may delay bourse’s listing
  • Reliance Capital in talks to divest stake in insurance biz
  • IndiGo posts 24% rise in profit at ₹657.3-crore
  • Citigroup’s slide in India M&A deals shows rise of local bankers
  • Sebi panel suggests reforms to grow alternative funds industry
  • Ratan Tata invests in baby products retailer FirstCry
  • CREO raises $3 million from Sequoia Capital, others
  • Sensex closes 100 points down on weak global cues, Nifty settles below 7,280
  • Idea Cellular Q3 profit dips marginally to Rs 764.21 cr
  • Tata’s JLR becomes UK’s largest car maker
  • Oil prices fall near 2003 lows on oversupply, demand worries
  • BSE market cap falls Rs 10 lakh cr in 2016 so far
  • Emerging markets lost $735b in 2015: IIF
  • Global stocks battered as oil pushes below $27
  • Small cells the future of telecom tower infrastructure

Today’s Wealth Mantra !

“This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.”

David Tepper

Demat_Offer

Morning Business News Round up_December 31, 2015

Morning Business News :

  • Windfall Awaits Oil Cos As Under-Recoveries To Dip
  • Govt Fears Rs 50K Cr Shortfall In Divestment Proceeds
  • Demand For Big Oil Ships Up On OPEC Output Limit Ban
  • Rcom, Aircel To Pare Debt To Rs 20,000 Cr Ahead Of Merger
  • Government Calls Off Fourth Round Of Coal Block Auctions
  • Civil Aviation Policy To Come For Cabinet Nod In January
  • IT Dept Publishes Names Of 18 Defaulters Owing Over Rs 1,100 Crore
  • Sebi To Seek Report From Commexes And Traders On IT Raids
  • Prakash Steelage To Sell 12.47% More Stake In JV To Tubacex Of Spain
  • Balco Unions Petition PMO To Bail Out Struggling Aluminium Industry
  • Tata International Plans To Widen Agri-Business In Africa
  • IDFC Bank To Turn ₹350-Cr Lanco Infra Loans To Ccds
  • Essar Oil Creates History With Largest Delisting, Offers Rs262.80/ Share

  • Dr Reddy’s Relaunches Nexium Generic In The US Market
  • Experts Hopeful Of Better Times For Investors In 2016
  • India Mobile Phone Subscribers Cross 1 Billion, Shows Trai Data
  • Companies Raised Rs68,608 Crore Through Capital Markets During 2015
  • JMT Auto Promoters Pledge Shares To IL&FS Trust
  • Trai Extends Deadline For Comments On Net Neutrality Issue
  • Govt To Spend Rs5,000 Crore For Solar Rooftop Systems
  • India Needs To Increase GDP Growth Rate By At Least 1-1.5%
  • Indian IPOs Set To Raise Over $5 Bn In 2016, A Six-Year High
  • GAIL In Talks With Golar LNG For Shipping US Gas
  • Sensex Snaps 2-Day Winning Streak, Ends 119 Points Down
  • Gold Prices Poised To End Lower For A 3rd Time In A Row
  • Sebi To Finalise Crowd-Funding Norms In A Few Months
  • BSE’s MF Platform To Accept Orders 24×7 From January
  • Tax Appeal Before Commissioners Must Be E-Filed
  • Norway-Based SINTEF To Help In Recycling Construction Waste

Today’s Wealth Mantra !

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

– Phillip Fisher

Demat_Offer

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

Retail News Round Up_Oct 17,2015

Retail News :

  • Aditya Birla Group launches fashion portal abof.com
  • Rel Retail to launch Lyf smartphones
  • Snapdeal to market Uttarakhand’s handicraft, handloom products
  • M&S expects 10-15% increase in sourcing from India
  • WalmartLabs to add hundreds of jobs in Bengaluru
  • Bombay Dyeing’s Rs 230 crore sale of textiles unit cancelled
  • FSSAI takes junk food off school menu

  • Reliance SmartCare allows users to recharge with tweets
  • Paytm now lets kirana stores, fast food joints etc accept payments through QR codes
  • CCI approves Alibaba’s 4.14% stake purchase in Snapdeal
  • TRAI orders telcos to pay consumers Re 1 in case of call drops from January
  • Bits Pilani Alumni Win Patent Infringement Case Worth $862.4 Million Against Apple
  • Homers.in secures seed funding

 

 

 

Morning Business News Round up_October 16, 2015

Morning Business News :

  • Anil And Mukesh Ambani Bond Over Airwaves
  • Govt Plans Ways To Share Free Data With Public
  • RBI To Take Stock Of Banks’ Asset Quality: Rajan
  • Global Economic Slowdown In Real Danger Of Persisting
  • No Significant Improvement In Call Drop Issue: Trai

03_TRAI

  • September Trade Deficit Drops To $10.5 Billion; Exports Decline By 24.33%
  • Alibaba Gets CCI Nod For Acquiring 4.14% Of Snapdeal

  • Malaysia Pitches $30 Bn For Townships And Housing
  • Focus On Nine More Banks Over Money Laundering Issue
  • Sahara Owns Much More Than Grosvenor House
  • Forex Scam: 7 More Banks Under ED Scanner; 1 Arrested
  • Oil Companies Increase Diesel Prices By 95 Paise/ Litre
  • Finmin Open To A Vodafone Compromise Offer
  • Aurobindo Pharma Gets USFDA Nod For Alzheimer’s Treatment Drug
  • Sebi Moves SC Against DLF’s Plan To Raise Money
  • Adani’s $7-B Australian Coal Project Gets Green Light, Again
  • Coal Ministry Asks States To Expedite Clearances For Auctioned Mines
  • Don’t Dilute ‘Fit & Proper’ Norm For Stock Exchanges: Experts
  • Regulator Orders Encashing 25% Of GAIL’s Bank Guarantee
  • Textile Sector Urges Govt To Take Steps To Boost Exports
  • Business Optimism Index For Q4 Down 4.1%: D&B Report
  • L&T To List Five Road Assets Via Infra Investment Trust
  • Coffee Day Parent IPO Subscribed 73% On Day 2
  • Hathway Cable To Demerge Broadband Business
  • Mindtree’s Q2 Profit Rises 14.5% To Rs158.2 Crore
  • China Telecom Industry Restructure Pushes China Mobile Up
  • New Rules To Boost India Shipping Fleet; May Dent Foreign Shippers: Report
  • China’s Sany Group To Invest $3 Billion In Renewable Energy Sector In India
  • Indian Railways To Buy Electricity At Rs 3.69 Per Unit From Adani Power
  • RBI Expected To Cut Rates Just Once In Next 18 Months: Poll
  • Welspun India Forays Into E-Commerce With Online Store
  • WPI Deflation Bottoming Out; To Turn Positive From Q1 2016: Nomura
  • Investors See 30% Jump In Their MF Assets In One Year
  • Venture Capitalists Make Highest Investments In 2015
  • Rs 2,000 Cr Fund To Push Financial Inclusion
  • Finmin Denies Attempt To Stall FTIL, NSEL Merger
  • LIC Housing Fin Sep Net Profit Climbs 21% To Rs 412 Crore
  • Karur Vysya Bank Q2 Profit Surges 57% To Rs 142 Cr

Retail News Round Up_Sep 22,2015

Retail News :

  • Flipkart buys back logistics arm from WS Retail
  • Paytm plans to sell movie and entertainment tickets; to take on Bookmyshow.com
  • Rajesh Exports to use Valcambi network in Europe, America
  • Portea Medical secures $37.5M from IFC and existing investors
  • Amid TRAI paper on call drops, Airtel shifts all prepaid users to per second billing