Morning Business News Round up_December 09, 2015

Morning Business News :

  • V-Guard On Acquisition Spree With Rs 500 Crore Kitty
  • Promoters Look To Sell Home Finance Business Of AU Financiers For Up To Rs 1,000 Crore
  • India’s Media & Entertainment Business Ranks 4 In The World In Attracting Investment
  • Havells To Dilute Majority Stake In Sylvania To Focus On Domestic Market
  • Despite RBI’s Solution, Banks Can Still Disguise Bad Debts
  • Kaya To Acquire Majority Stake In UAE-Based Iris Medical
  • Yes Bank Commits $5 Bn For Climate Action In India
  • Rourkela Steel Plant Sets Up 1 MW Solar Unit
  • NMDC Gets 3 New Non-Official Independent Directors
  • SBI Says Never Agreed To Fund Adani Group’s Australian Coal Project
  • Standard Chartered Raises Rs 14 Crore From Rights Issue Entitlements Of Idrs
  • Unichem Lab Gets USFDA Nod For Hypertension Drug
  • Iran Topples Kuwait To Become India’s Fifth Largest Oil Supplier
  • Air India Doubles Revenue From Star Alliance

  • Oil Steadies After Hitting 2009 Lows
  • Sebi Likely To Bring Crowdfunding Under Regulatory Framework
  • Ipos Of Dr Lal Pathlabs And Alkem Labs See Good Demand
  • RBI Governor Raghuram Rajan Optimistic About Passage Of GST
  • Fairfax Acquires Additional 22% Stake In IIFL For Rs1,341 Crore
  • Vodacom To Buy Majority Of Tata Comm’s Neotel Fixed Line Business
  • Vodafone Announces 4G Services Roll-Out
  • Smart Cities, Energy And Mobility Our Target Areas: Siemens India CEO
  • Tata Motors Launches New Variant Of Safari Storme
  • Govt Falls Short Of Target For Power Purchase From Renewable Sources
  • Toyota To Hike Vehicle Prices By Up To 3% From January
  • Alkem Lab Upbeat On Growth In Domestic, Global Markets: CEO
  • American Footwear Brand Skechers Plans Local Manufacturing
  • Maruti Suzuki Unveils Discounted Service Scheme
  • L&T Bags Orders Worth Rs. 1,960 Cr
  • Gati Infra To Raise £100 M For Green Energy
  • Bankers’ Clear Electrosteel Steels SDR Package
  • Hetero Gets DCGI Nod For Hepatitis C Drug
  • PFC Board To Consider Interim Dividend Next Week
  • Wockhardt Gets QIDP Status For New Antibiotic Drug
  • Cognizant Pledges $40 M For Flood Relief
  • Chennai Reconstruction To Push Up Cement Demand
  • Ashok Leyland Set To Change Track After Expansion Spree
  • ONGC Supports Cairn Plea For Rajasthan Block’s Term Extension
  • Railways Plans Metro Coach Factory In WB

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

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Morning Business News Round up_November 25, 2015

Morning Business News :

  • ANG Industries gets order from Ashok Leyland (AL)
  • Cybertech Systems wins 139.5m-rupee contract
  • Gammon India Lenders invoke debt restructuring
  • Goa Carbon Paradeep plant shut for maintenance
  • Grindwell Norton strike at Bengaluru plant withdrawn
  • ICICI Bank Investment Technology Group, ICICI Securities to offer POSIT alert services
  • IG Petrochem to consider new business opportunity on Nov. 25
  • Just Dial approves buy back of 1.06m shrs at 1,550 rupees each

  • Kesoram Ind to make car tires, revive Odisha plant: DNA
  • Lanco Infra to invest $350m for solar panel factory in Chhattisgarh state
  • Lupin sued by Vanda over application for generic Fanapt
  • Max India to sell 23% more stake in health insurance JV to Bupa
  • MRF to set up 9b-rupee plant in Telangana: Business Line
  • Petronet Yet to sign any agreements w/ Rasgas
  • SpiceJet Chairman says the best performing airline stock in the world remains undervalued
  • Tata Power Among cos. that submitted pre-qualification applications for Zambia solar projects
  • Trigyn Technologies wins contract from Louisiana state
  • Wipro to get at least $100m more orders as BP expands deal: ET
  • Wockhardt Price-control authority exempts 3 insulin drugs


Today’s Wealth mantra !

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

-Warren Buffett.

Morning Business News Round up_September 07, 2015

Morning Business News :

  • China, US Federal Worries To Keep Markets On The Edge
  • Make In India Push: Modi Government Keen To Scissor Red Tape To Attract FDI
  • Yuan Devaluation, Fed Impact Transient; Real Economy Matters: Jaitley
  • Saudis May Follow UAE, Cut Fuel Subsidies: Report
  • Gender Parity In Workforce Can Boost India’s GDP By 27%: Lagarde
  • New Poll Shows UK Would Vote To Leave EU
  • Coal Output On A High But Demand Dries Up
  • Competition Norms Compliance Can Prevent Bad Days For Firms: CCI
  • Call Drops: TRAI To Float Paper On Quality Of Service By Cellular Operators
  • Textile Industry Wants Govt To Extend Garment Export Benefit Further
  • Big Opportunity In Small & Payment Banks For IT Firms: Nasscom
  • EPFO Likely To Raise Maximum Insurance Cover To Rs 5.5 Lakh
  • Govt Pursuing Loans From ADB, World Bank For Smart Cities
  • Govt Tightens Norms For Import, Transport Of Ammonium Nitrate
  • AMFI To Tweak MF Ranking Process, Cut Expense Ratio
  • Aurobindo, Hetero, Rane, Coca-Cola Among 16 New Units Approved In TS
  • BSE To Launch Roll-Over Facility In SLB On Monday
  • Amara Raja To Commission Tubular Battery Plant In Chittoor By Dec
  • G20 Seals Currency Peace Pact As China Sets Out Bubble Cleanup
  • Idea Cellular Seeks Shareholders Nod For Raising Up To Rs10,000 Crore

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  • Bombay High Court Reduces Number Of Maggi Noodles Samples For Test
  • Sahara Mutual Fund Struggles To Find Buyers
  • Wockhardt To Enhance R&D Capabilities In Drug Innovation: MD
  • Fpis Dump Shares Worth Rs 4,000 Cr In Just 4 Trading Sessions
  • Top 10 Sensex Companies See Rs 84,209 Cr Erosion In M-Cap
  • Finance Ministry May Introduce MUDRA Bill In Budget Session
  • Diageo May Not Be Able To Recover $135 Mn Loan From Vijay Mallya Firm
  • China Slowdown, Fed Decision Keep Markets On Tenterhooks
  • Mfs Ask Investors To Look At Short, Medium Term Bond Funds
  • Precious Metals Await FOMC Meeting Outcome
  • Excess Production, Fall In Commodity Markets Push Sugar Price To New Low
  • RIL Tests Presence Of Natural Gas In Contentious Discoveries


Morning Business News Round up_August 31, 2015

Morning Business News :

  • China Fears Linger As Focus On Fed’s Rate Hike Sharpens
  • Land Acquisition Ordinance Lapse Setback To Reforms: Assocham
  • RBI On Wait-And-Watch Mode On Interest Rates Cut: Raguram Rajan
  • Corrupt Banking System Creates Mountain Of Bad Loans
  • MMTC Looking For Investors To Sell Its Stake In ICEX
  • Give Banks Priority Sector Lending Benefit To Boost Gold Monetisation: WGC
  • Monetary Policy Panel Appointments: Finmin, RBI Agree On Key Change
  • Rajan Hints At Rate Cut, Says Inflation Down Quicker Than Expected
  • Sebi Wants Companies To Adopt ‘Dividend Distribution Policy’
  • Payments Banks Rs 14,00,000 Cr Bonanza For Infra Sector
  • GMR Plans To Export Power From Its Nepal Plants To Bangladesh
  • ONGC, Partners To Invest $24 Bn In Mozambique Gas Field
  • Govt Mulls 2-Kg LPG Cylinders; Starts E-Booking For Connections
  • SEBI To Review Surveillance Systems; Fast-Track Enforcements


  • Sun Pharma, Wockhardt Recall Drugs From US Market
  • Govt To Finalise Gas Pricing Formula Soon
  • Maharashtra Govt To Buy Back Kolhapur Proj From IRB Infra
  • Majority Of Unions Reject Govt Appeal To Call Off Sept 2 Strike
  • Govt Not To Go Ahead With OIL Stake Sale Soon
  • Infosys Gets Govt Nod For 3 More Campuses In Bengaluru
  • Aditya Birla Group’s Revenue Crosses Rs2.5 Lakh Crore; Up 9%
  • Lower Crude Oil Price Gives Lubricants A Smoother Ride
  • No Plan To Buy Jaypee’s Bhilai Cement Unit, Says Ultratech
  • Indian Oil Plans $2.4 Billion Ethanol Investment
  • Immigration Shift In US Shows India, China Outpacing Mexico
  • Indian Pharma Industry Capable Of Discovering New Drugs: Sun Pharma
  • FDI In Services Sector Dips 14% In April-June Quarter
  • Nine Top-Valued Sensex Companies See Rs 93,000 Crore M-Cap Erosion
  • Bharti Airtel, Idea Cellular Hike Post-Paid Data Tariffs By 20% In Delhi
  • Tata’s Revenue Rises To $108.8b; Headcount Cross