Today’s M & A Deals_Dec 11,2015

M & A Deals :

  • Digital analytics startup PropheSee raises $516K in angel round
  • Ratan Tata invests in local services marketplace UrbanClap
  • Online furniture startup Homestudio raises $5M in seed funding
  • Luxepolis to raise around $1M from Mumbai-based investor
  • Mobile payment solutions startup Paynear raises $2.5M
  • Havells to sell Sylvania, another unit to Chinese firm for $205M
  • TPG Growth buys out Actis in Sri Lanka’s Asiri Hospital
  • French stationery major BIC Group acquires Cello Pens
  • Blume, Uniqorn invest in money transfer app Chillr
  • MCB Group invests in robotics firm Partnering Technologies
  • HIG Capital acquires New York-based Constructive Media
  • Villgro Innovations invests in diagnostics startup OmiX Labs
  • Logistics startup BlackBuck raises $25M from Tiger Global, others


Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.”

Suze Orman


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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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Retail News Round Up_Oct 20,2015

Retail News :

  • Amazon India adds muscle to B2B segment
  • Spykar Lifestyles to foray into e-commerce space
  • Mahindra & Mahindra forays into branded pulses business
  • Dabur sees a hit to ‘Real’ juice sales from Nepal unrest
  • India Value Fund to invest up to $150 million in food business
  • Havells targets Rs 500 crore revenue by 2016 in Karnataka
  • Dabur to invest Rs 100 crore in beauty retail chain NewU
  • Welspun India climbs 6% on proposed e-commerce portal in US
  • Vivo Bags IPL Sponsorship, Will Start Manufacturing Smartphones Domestically in Noida
  • Paytm Gets Into Hotel Bookings, Ties Up With Goibibo, Ezeego1, Via & TSI-Yatra


Morning Business News Round up_September 08, 2015

Morning Business News :

  • Undisclosed Foreign A/Cs: CBDT Issues Compounding Rules
  • Rupee Must Fall More To Save Exports, Prevent China Dumping
  • Sequoia To Become Largest India-Focussed VC Fund
  • JP Morgan AMC Goes Into Damage Control Mode
  • RBI Has Less Stringent Norms On Systemically Important Banks: Moody’s
  • Retail Investments Into Indian Shares Show Jump
  • Reliance Defence In Pact With UAE’s ADSB
  • JSW To Acquire JP’s Bina Thermal Power Rs 3,500 Cr
  • India Inc Set To Discuss Global Crisis With PM Today
  • Over A Fifth Of FMCG Products In India Are Fake Or Smuggled
  • Mukesh Ambani Likely To Exit Navi Mumbai SEZ
  • Currency Volatility Impacts Pharma Companies’ Earnings
  • OBC, IOB, YES Bank To Be Most Affected By New Base Rate Methodology: Moody’s
  • No Proposal To Merge Chennai Petroleum With IOC: B Ashok
  • ONGC: Multiple Gains From Russian Oil Deal
  • Firms With Annual Turnover Of Rs 25 Lakh Might Not Attract GST
  • China Forex Reserves Fall Record $93.9 Bn In Aug
  • LIC Taking Advantage Of Market Fall, Buying Stocks: Chairman
  • Shanghai Stock Exchange To Tighten Rules On Options Trading


  • Australian Partner UGL Intends To Exit Jt Venture With Texmaco
  • Oilmeal Exports Dips 42% On Low Crushing
  • Kalpataru Power To Raise Rs. 300 Cr Via NCD Route
  • Poor Demand, Excess Supply Sends Coal Off-Take Ratio To Multi-Year Lows
  • Default Fears Rise As Rs800 Crore Amtek Bonds Set To Mature
  • BSNL To Increase Minimum Broadband Speed To 2 Mbps
  • Govt Tells Coal Power Plants To Subsidize 15GW Of Solar Power
  • Havells Mulls India Purchases, Sees Revival
  • India Eyes Energy Assets Abroad In Low Price Regime
  • India Ranks Low On Inclusive Growth: World Economic Forum
  • Draft Base Rate Guidelines Credit Negative For Banks: Moody’s
  • Maharashtra Govt To Abolish LBT On Petrol And Diesel Within 15 Days
  • Trai To Be Fair: Let’s Be Clear, Telcos Stand To Lose From Call Drops
  • New Oil & Gas Policy Shifts Risks To Developers: Report
  • Liquid, Money Market Mfs Witness Rs 70,000 Cr Outflow
  • Markets To Remain Volatile In Sept-Nov: Bofa-ML
  • Rupee Slips By 36 Paise To 2-Year Low At 66.82 Against $
  • Govt To Set Up Low-Cost Non-Major Ports To Boost Trade
  • India Rejects Pfizer’s Patent Application For Arthritis Drug
  • Japanese Paint Nippon Is Betting On Green Products