Tag: Vodafone

Morning Business news Round Up_March 21,2016

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Morning News :

  • Despite a bad monsoon, India will deliver growth in excess of 6%
  • India’s per capita income to cross Rs 1 lakh in FY17
  • Relief for Vodafone: Retro tax settlement scheme from June 1
  • Oli in China on maiden visit with eye on key deals
  • Corporate Affairs Ministry amends norms related to buyback offers
  • Anil Agarwal’s $10 billion LCD plant to start production in 2018
  • Wheat production to be higher than in the previous year
  • Maruti races ahead to capture nearly half the market
  • Fixed-dose drug ban boosts hope for ayurveda
  • Lafarge India begins Rs 10,000-cr sell-off
  • Historic gas auction witnesses negative bids from power plants
  • Govt defends interest rate cut on small savings
  • Mallya default singes top auditing companies
  • Thousands of Tata Steel UK employees fear rejection of rescue plan
  • Sebi mulls allowing bank KYC for securities markets
  • Exporters risk being blacklisted when new EU rule kicks in
  • Centre introduces new norms for plastic waste disposal
  • ‘Auto firms should go green, not wait for regulatory push’
  • Jewellers call off 19-day strike as Centre sets up task force
  • Exporters risk being blacklisted when new EU rule kicks in
  • BERC to announce new power tariff on Monday
  • Patanjali will overtake Colgate and Unilever: Baba Ramdev
  • Parliament panel favours bringing tobacco production under regulatory regime
  • China’s central bank chief sounds warning over rising debt
  • Banks await RBI policy before cutting rates
  • Adani’s licence request for CNG-retailing in Lucknow rejected
  • FPIs infuse Rs 11,000-cr in stock markets in March
  • Dabhol, GMR, GVK, Lanco secure gas under PSDF scheme
  • Top 6 cos add Rs 37,414 cr in M-cap; TCS lead gainer
  • IRDA okay with LIC investment in public sector banks
  • Online shopping to rise by 78% this year: Assocham-PwC
  • Govt to borrow Rs 3.5 lakh cr in April-Sept
  • Edible oil imports up on growing demand and slowing production

 

 

Today’s Wealth mantra !

“When you’re an investor, you can look at the quantitative and qualitative elements of an investment, but there’s a third aspect: What you feel in your gut.”

-Kevin O’Leary

 

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Morning Business News Round up_December 18, 2015

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Morning Business News :

  • Fed Awards $105.2 Billion Of Reverse Repos
  • India, US Trade Ministers To Discuss WTO Issues
  • Goldman: High Risk Of Oil Dipping Further; Likely To Hit $20/Bbl
  • US Q3 Current Account Deficit Largest Since 2008
  • RBI May Lower Rate By 25-50 Bps In 2016: ET Poll
  • Ergo To Buy 23% Stake In HDFC Ergo For Rs 1,122cr
  • Cash Flow Of High-Debt Firms Turns Positive After 10 Years
  • M&M May Tweak Engines To Suit Emission Norms
  • Disclosure Rules Eased For Payments To Non-Residents
  • Vedanta-Controlled Balco Wins IMEA Gold Award
  • USFDA Approves Aurobindo’s Drugs For Diarrhoea, Allergy
  • Carmakers Call For Comprehensive Plan After Delhi Smog Crackdown
  • RBI Allows More FII Buy In Powergrid Corp
  • MCX To Ban Members Not Registered With SEBI
  • NDMC Nod Likely For New Towers On Govt Land In Lutyens Delhi
  • India Needs Rs. 31 Lakh Cr For Infra Sector In 5 Yrs: Crisil
  • ‘India Better Placed Than Peers To Deal With Impact Of Fed Rate Hike’
  • Alkem, Dr Lal To Make Stock Market Debut On Dec 23
  • RBI Unveils New Math For Banks’ Lending Rate
  • Developing And Developed Countries In Deadlock At WTO
  • Maruti’s Shareholders Allow Suzuki To Own Upcoming Gujarat Plant
  • HUL Buys Indulekha In Return To Hair Oil Segment
  • Rajan’s Crackdown On $59 Billion Bad Loans Means M&A Surge In India
  • CBI Files Chargesheet In Bank Of Baroda Remittances Case
  • Sensex Gaining Streak Continues For 4th Day, Surges 309 Points To End At 25,804
  • Vodafone, Reliance Com May Clinch 3G, 2G Roaming Agreements
  • US Visas: On Top Of $1 Bn Hit, IT Firms’ Costs Up 4-Fold
  • Govt Defers Plan To Impose 2% Levy On Air Tickets From Jan 1
  • India Ranks 97th On Forbes’ Best Countries For Business List
  • India Not Immune To Fed Rate Hike Jitters: Fitch
  • Govt Wants 30% FDI Growth Per Year: Kant
  • Thomas Cook Completes Acquisition Of Kuoni Travel

  • Anil Ambani, Spielberg Join Hands To Form Amblin Partners
  • Goa Govt Forms Panel To Solve Ore Transportation Impasse
  • Rs 10k-Cr NHAI Tax-Free Bond Issue Oversubscribed

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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Retail News Round Up_Dec 09,2015

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Retail News :

  • Flipkart to arrange easy working capital loans for vendors to ensure loyalty
  • Ronnie Screwvala 1st investment in food tech startup Yumist
  • Rocket Internet’s Lazada to double Southeast Asia warehouses amid e-commerce boom
  • MobiKwik partners with IRCTC to allow booking ticket through its wallet
  • Dabur India launches sugar-free Chyawanprash
  • Havells to dilute majority stake in Sylvania to focus on domestic market
  • Vodafone launches 4G services in Kochi
  • AskmePay launches working capital loan program for its SME partners
  • Meru Cabs ties up with Indian Oil to drive its carpooling feature
  • Alibaba launches SMILE program for SMEs, Its Hindi version coming soon

 

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

 

 

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Morning Business News Round up_December 04, 2015

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Morning Business News :

  • Govt May Scrap 1% Inter-State Tax To Move Closer To GST
  • Ola, Didi Kuaidi, Lyft, Grabtaxi Enter Into A Partnership To Counter Uber’s Reach
  • Global Private Equity Funds Blackstone, Carlyle, Barings Asia In Race To Buy Reliance Cement
  • Citigroup Pnote Sells 61 Lakh Havells India Shares Worth Rs 178cr
  • Telcos Ask Trai To Check Ringo License, Raise Security Concerns
  • Vodafone Invests Rs 500 Crore In Six Months On Network In Delhi

  • TPG Capital Backed Sanjiv Ahuja Leads Race To Buy Reliance Communications Towers
  • India Third-Largest Market For Spirit Giant Pernod Ricard, Sales Cross Rs 10,000 Crores
  • SKS Microfinance Raises Loan Ticket Size
  • Government Asks Companies To Display MRP Of Farm Machines Excluding Taxes
  • CIL To Pump In Rs 57K Cr To Ramp Up Output To 908 MT
  • Govt To Relax Approval System For Food Products
  • Montblanc Partners Titan For India Re-Entry, To Open 5 Outlets
  • Telenor Upgrades 2500 Sites Across 6 Circles To Improve Data, Voice Services
  • LED Bulbs Distribution To Start In Uttarakhand, West Bengal, Karantaka, Jharkhand
  • Union Budget 2016 May Give Boost To Cashless Transactions
  • ECB Disappoints Markets With Bare-Minimum Easing Package
  • Losses From Chennai’s Rains Of The Century Pegged At Rs15,000 Crore
  • Ownership Question Trips Small Finance Bank Licenses
  • 1 Rupee Call Drop Fine May Cost Telecom Firms $8 Billion
  • Bharat Forge, Musashi Said To Consider Bids For Amtek Auto’s German Arm
  • Reliance Jio: A Worry For Both Competitors, RIL Shareholders
  • Flipkart Buys Stake In Mapmyindia To Improve Delivery Operations

  • Flipkart Reports A Loss Of Rs2,000 Crore In FY15
  • BSNL FY15 Operating Revenue Up 4.16% To Rs27,242 Crore
  • Anil Ambani’s Reliance Defence Applies For Additional 16 Industrial Licenses
  • Chennai Floods: PM Releases ₹1,000 Cr From Disaster Fund
  • Services Sector Hits 5-Month Low Of 50.1 In November: HSBC PMI Index
  • Quikr Acquires Real-Estate Analytics Platform Realtycompass
  • Buyout Of Zylog’s Polypropylene Business Will Propel Lyondellbasell To The Third Spot In India
  • After Ramdev, Baidyanath Group Chants The FMCG ‘Mantra’
  • Mahindra Conducts Raids Of Counterfeit Spare Parts In Hyderabad

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”
-Peter Lynch

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Retail News Round Up_Nov 25,2015

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Retail News :

  • Meru Cabs ties up with Kolkata’s local taxis
  • Vodafone launches 2G and 3G in Arunachal Pradesh
  • IRCTC ties up with Foodpanda for meals delivery at railway stations

  • Titan Partners With HP to Develop Smart Watches
  • Lendingkart collaborates with TradeIndia.com to expand offline business
  • e-lala to take on e-tailers like Snapdeal, Flipkart, Amazon
  • org Now Available Across India For Reliance Users

 

Today’s Wealth mantra !

“Price is what you pay. Value is what you get ”

-Warren Buffett.

 

 

Morning Business News Round up_November 19, 2015

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Morning Business News :

  • Telecom dept seeks PMO help to free up TV waves
  • India Inc’s Oct foreign borrowing dips 24% at $2.11 bn
  • Government extends currency swap facility for SAARC members
  • Govt to raise Rs 21Kcr from CIL stake sale
  • Govt nudges Vodafone with settlement proposal
  • India’s top real estate cos stare at Rs 30-k cr debt
  • Divestment, exports, infra get govt push
  • RBI workers’ strike tomorrow likely to disrupt settlements

  • Modi govt looks to revive stalled road projects, boost exports
  • Confusion reins over FSSAI’s product approval regime
  • GAIL rerating on oil & gas policy, Mahanagar Gas IPO
  • Jindal Stainless aims to cut debt by 64% through restructuring
  • Amtek Auto may sell Tekfor for Rs 6,000 crore
  • Japan regulators set to slap Toshiba with record $57 mn fine: Source
  • Competition panel asks Coal India to examine spot e-auction scheme afresh
  • Cabinet approves modification to bilateral assistance guidelines
  • GMR Kamalanga Energy gets revised tariff order from CERC
  • Commodity markets in worse shape than in 2009
  • Centre approves direct subsidy for sugarcane growers
  • Glenmark, Sun Pharma, Cipla said to weigh bid for Teva portfolio
  • Ramdev’s Patanjali atta noodles have no approval: FSSAI
  • Essar Steel bankers pushing to convert debt to equity
  • Govt would launch an initial public offering of Cochin Shipyard Ltd
  • ScoopWhoop raises $4 million from Kalaari Capital
  • Dr Reddy’s buys IP rights for anti-coagulant drug from Alchemia for $17.5 mn
  • Sensex slumps 382 pts to 25,482, Nifty settles below 7,750
  • Productivity gains of internet can transform India
  • Inflation completely under control in India: CEA
  • Govt fixes maximum mktg margin for natural gas
  • Finance Minister Arun Jaitley meets Rahul Gandhi
  • Ola raises $500m from Baillie Gifford, SoftBank and others
  • OECD countries to limit overseas financing for coal plants
  • Irdai to regulate non-life, health insurers’ expenses
  • India-focussed ETFs grow as demand picks up
  • Microfinance industry sees 28% rise in client base in Q2

 

 

Today’s Wealth Mantra !

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

– Phillip Fisher

 

Morning Business News Round up_November 02, 2015

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Morning Business News :

  • India World’s 7th Most Valued ‘Nation Brand’
  • Piramal, Tpg, Baring In Race To Acquire Icici Home Fin
  • Ranking Should Have Been Higher In Wb Index: Fm Jaitley
  • India To Emerge As Largest Cotton Producer
  • Nse To Auction Investment Limits For Rs 852 Cr Bonds
  • Rajasthan Attracts Investments Of Over Rs 1.5 Lakh Crore
  • Sun Pharma May Drop Some Non-Strategic Businesses
  • Ruias To Close Essar Steel’s Asset Sale By Fy16-End
  • Govt May Garner Rs 5k Cr From Phase 3 Of Fm Auctions: Crisil
  • Toyota Kirloskar Motor Sells 13,601 Units In Oct 2015
  • Mahindra Posts 20 Per Cent Jump In October Sales
  • Ioc Eyes 5-10% Stake In Russia’s Vankor Oilfield
  • Ndmc Defers Taj Mansingh Auction Yet Again
  • Uttam Galva-Posco Plant Might Start By Feb-End
  • Nse, Bse To Conduct 60-Minute ‘Muhurat Trading’ On Diwali
  • Coffee Day To List Shares On Bse, Nse On Nov 2

  • Nse Extends Concessional Transaction Fee In Equity Derivatives
  • Gold Imports Dip 45.6% To $2.05 Bn In September
  • Court Tells Govt To Decide On Ftil-Nsel Merger By Dec-End
  • India Post Collects Rs. 800 Cr From Cash-On-Delivery Facility
  • Greek Banks Must Find Up To €14.4 Billion After Ecb Stress Test
  • R-Com To Consider Sistema Shyam Tele Merger On Monday
  • Vedanta Seeks Cut In Iron Ore Export Duty, Levies
  • Idfc Posts Larger-Than-Expected Quarterly Loss On Provisions
  • India Unprepared To Tackle Online Data Security: Report
  • Profitability Is Focus Of Infosys’s M&A Strategy
  • Tata Motors Sales Grow 1 Pct To 43,486 Units In October
  • Sebi Attaches 4 Companies Bank, Demat Accounts To Recover Rs 6 Cr
  • Vodafone Accounts Hit By Fraudsters In Uk
  • Royal Enfield Posts 73 Pct Jump In Oct Sales
  • Force India’s Partnership With Sahara Stands Strong: Vijay Mallya
  • Mfs Raise Stake In 260 Bse-500 Firms
  • Fm Hopes For Sustained Low Rates, Inflation Under Control
  • Subsidies Can’t Be Essence Of Survival: Fm
  • Mixed Week For Global Markets On Us Rate Hike Uncertainty
  • Study The Company Well Before Investing In Its Fds

Retail News Round Up_Oct 27,2015

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Retail News :

  • Netmeds secures $50 million in a round of funding led by OrbiMed
  • Vodafone to let JCB India manage its construction equipment remotely
  • Mxit shuts commercial operations in India
  • American Tower Corp acquires 51% stake in Viom Networks
  • Parcelled secures $5M from Delhivery & Tracxn labs
  • Flipkart Sold Whopping Rs. 1300 Crore Worth of Mobile Phones During ‘Big Billion’ Sale
  • Grofers to buy delivery startup Townrush
  • Roadrunnr raises Rs 65 crore from Sequoia Capital and Nexus Ventures
  • Online payment gateway Razorpay raises Rs 58 crore
  • Online pharmacy marketplace Netmeds.com secures Rs 324 crore in funding

 

 

Retail News Round Up_Oct 14,2015

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Retail News :

  • Flipkart sells over 10 lakh products in 10 hours
  • Top e-commerce start-ups spend Rs1,200 crore on TV ads in Sep quarter
  • Most drugstores closed today to protest online sale of meds
  • Facebook pushes shopping features in move towards e-commerce
  • ICICI Bank’s Money2World allows non-bank customers to remit money overseas
  • Dell buys EMC which is twice its size for $67B
  • 4G Launch: Vodafone in Mumbai by Dec, Tikona in Over 30 Cities by 2016
  • Ford Opens Rs 6000 Cr Factory In India As Part of Make in India Vision
  • MakeinIndia OnePlus To Start Local Production in India With FoxConn

 

Morning Business News Round up_October 13, 2015

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Morning Business News :

  • IIP Rises To 3-Year High Of 6.4% In August
  • India Better Placed In Ems To Tackle Outflows: IMF
  • September Retail Inflation Quickens To 4.41% Y/Y
  • Dell To Buy EMC For $67 Billion In Record Deal
  • IOC To Spend Rs 32,500 Cr On Oil Exploration, Prodn
  • Large-Cap Equity, Debt Funds Underperform In Last 5 Years
  • DLF Plans To Derisk With Pre-Sale Project Completion
  • Infosys Q2 Net Up 12% Q-O-Q At Rs 3,398 Crore
  • Global Consultant Submits Draft Report On RIL-ONGC Gas Issue
  • Fiis Cut Stakes In PSU Banks In September Quarter
  • Sebi Plans 10-Page Abridged Prospectus For Ipos
  • Pay Minimum Annuity Of Rs 1,000 Monthly: IRDAI To Insurers
  • Yes Bank Gets RBI Nod For Mutual Fund, AMC And Trustee Co
  • Sebi Has No Black Money Problem, Says Sinha
  • S&P Cuts Volkswagen’s Credit Rating
  • Angus Deaton Wins 2015 Nobel Prize For Economics
  • Solar Sector Attracts $6.2 Bn Corporate Funding In Q3
  • Centre Circulates Model GST Laws Among States
  • Hiring Up 18% In September, Outlook Bullish: Naukri
  • Coal Scam: Court To Hear Arguments On Charges From Dec 7
  • Indian Companies’ Second Quarter Revenues Seen At Four Year-Lows
  • Pune-Based Kolte Patil Buys Out 100% Stake In Corolla Realty For Rs 164 Crore
  • Aon To Exit Indian Insurance Broking Market
  • A Tale Of Two Its And A $1.5 Trillion Opportunity
  • Vodafone To Launch 4G Services In Mumbai By December This Year

  • BSE Sensex Closes 175 Points Down, NSE Nifty Settles At 8,143.60; IT Stocks Fall
  • Economic Recovery In India Much Slower Than Expected: Bofa-ML
  • Banks Need Rs 5 Lakh Crore Capital For Basel III Norms: Study
  • Reliance Industries Drilled Out At Least 9 BCM Of ONGC Gas: Expert Report
  • 5 Kg Subsidized LPG Cylinders To Be Sold In Rural India By IOC
  • General Motors Ups Focus On Exporting From India
  • NPS Assets Rise 38 Pc To Top Rs 1 Trillion Mark