Category: market sentiment

• Hero-Dabur now in race for Fortis Healthcare
• Essar Oil settles $2.5 billion Iran oil dues
• Govt should re-look at certain IBC provisions: Kotak
• Vedanta pledges $700 million to Konkola Mines, Zambia
• Funding a challenge for Rs. 8 tn Sagarmala projects
• Bitcoin surges 16% in sudden move to top $8K
• India, China join ranks to negotiate with oil producers for better bargain
• Etihad sends feelers to Anil Ambani to buy 76% stake in Air India
• Fresh fund infusion by Munjals and Burmans may alter Fortis sale plans
• IDBI Bank: High NPAs, new bad loan rules seen offsetting inflows
• Vedanta to save Rs 800 per tonne in long-term bauxite deal with OMC
• Industrial production grows 7.1% in February
• Binani creditors’ forum seeks forensic audit of resolution process
• Oil Minister says no order to PSUs to absorb auto fuel price hike
• Exports to grow at 5.96% in Jan-Mar qtr: Exim Bank
• JP Associates deposits 100 cr in home buyers’ case
• Videocon loan case: Embattled ICICI board plans investor outreach
• Boost for Indian economy as inflation eases further, industrial growth rises
• JSW Steel-AION Capital emerges successful bidder for Monnet Ispat
• RIL, JM Financial bid jointly for Alok Industries
• Sebi issues disclosure norms to govern new mutual fund schemes post-merger
• Uptick in economic growth positive for Indian asset backed loans:Moody’s
• Raghuram Rajan says India?s economic growth looks pale only when compared with China
• This $100 billion investor pins hope on Modi’s war on NPAs; sees India as engine of growth  in 3-5 years
• CBDT proposes changes in norms for advanceruling
• 15th Finance Commission mired in controversy
• Stressed loans plateauing, provisions to remain high
• A-I recorded 11% revenue growth in FY18: Kharola
• ICICI, Axis troubles point to governance issues in Indian banks, says S&P
• RBI should scrap 70-year age bar for pvt bankers

• Oil cos say no directive from govt to defer price hike
• Adani, Punj Lloyd, Rave tie up for aerospace & defence
• Banking crisis has impacted investment flows: IL&FS
• Tata Sons to consolidate aerospace, defence businesses
• Former RBI Dy Guv HR Khan joins Bandhan Bank board
• JSW Steel’s Monnet Ispat win a ‘mockery’: ArcelorMittal
• Govt floats proposal for first offshore wind project
• Indian economy to grow 7.3% this fiscal, fastest across Asia: ADB
• Govt’s social sector spending inadequate by global standards, says RBI
• Foreign funds with India link face uncertain future over Sebi’s diktat
• After touching 20-mth low in Feb, MFs see redemptions of Rs 500 bn in March
• Brent hits highest since Dec 2014 as Trump pledges Syria missile attack
• Air India buyer has to takeover interest-bearing debt of around Rs 165 bn
• Digital transformation will add $154 b to India’s GDP: Microsoft study
• Kochhar likely to continue as ICICI Bank chief for now
• Second wave of shale oil has started: IEA’s Birol
• ABG Shipyard: Lenders seek details on Liberty House bid
• Construction equipment major JCB upbeat on India
• Petronet LNGeyes first-ever overseas project
• Saudi Aramco partners Indian Oil, others to set up world’s largest refinery in Ratnagiri
• RBI enters the exciting new world of Big Data analytics
• L&T signs MoU with Bharat Electronics for defence products and systems
• NSEL scam: 63 Moons to move Bombay HC for defreezing accounts
• Jet Airways opts out of Air India stake sale process
• International Energy Forum 2018: Narendra Modi pitches for providing affordable energy to poor
• IMF chief Christine Lagarde optimistic on global growth, but warns against trade protectionism
• Government may take controlling stake in GSTN, even 100 pct
• RBI imposes Rs 30 mn penalty on IDBI Bank
• Banking on Modi?s reforms, world?s largest oil producer invests in $44 billion India refinery project
• Mahindra Powerol forays into gas genset segment
• BoB auctions assets way below loan value
• Govt to split gas marketing, transportation
• IHH preparing to rival TPG-backed firm’s Fortis bid
• Govt mulls maiden overseas sovereign bond sale

 

Manipal-TPG sweetens offer to buy Fortis Hospitals

Jio & Airtel ahead of Voda & Idea in call quality: COAI

Oil set to pinch more as Saudis eye crude price@$80

Dalmia Bharat seeks RBI help in Binani settlement

Fitch Ratings downgrades PNB’s creditworthiness

Wipro’s Rishad Premji appointed Nasscom chairman

Logistics companies plan to build and own warehouses

Government mulls to convert GST Network into 100 % state-owned company

Google files plea in NCLAT against CCI penalty for ‘search bias’

RBI plans to collect information on loan to Videocon from ICICI Bank

AION-JSW’s Monnet plan gets 98.97% committee of creditors’ voting

No bias against states in finance commission’s terms of reference: Jaitley

Vedanta’s plea to restart Sterlite unit operations in Tuticorin rejected

TN sugar output seen up a tad, but still at historic low

Passenger vehicle sales rise 6.38% in March

Hit by NPAs, IDBI pins hopes on its revival strategy to come out of the red

Essar Ports to up capacity utilisation at its terminals

Tech Mahindra, Balbix tie up for AI-based cyber security platform

India joins bankruptcy proceedings of Nirav Modi firms in US

Airtel, Telkom Kenya said to seek merger to take on Safaricom

ONGC, Rel in talks with customers to sell east coast gas

Air India sale: Buyer has to take on interest-bearing debt of Rs16,500 crore

China’s Ant Financial aims for $9 bn in new funding: Report

10-year bond yield surges 15 bps, rupee closes higher against US dollar

5 states account for 61% of e-way bill generation: GSTN

US budget deficit to surpass $1 trillion by 2020, two years sooner than expected

World’s largest solar park to come up in Gujarat, says CM Vijay Rupani

Louis Berger consortium bags contract for Mumbai Metro 4 line

Government withdraws memo inviting bids for Pawan Hans sale

India anti-trust case against Google goes to appeal

India, Egypt hold talks on providing new investment opportunities

BoB auctions assets way below loan value

Beneficial owner defined as one controlling FPI

Lenders okay JSW bid for Monnet

Cotton output pegged at 360 lakh bales

 

Issue public notice to auction Unitech’s assets: SC

Fraud is bank’s issue; won’t seek govt support: PNB MD

DMRC must pay 80% of RelInfra subsidiary’s debt: HC

IMF chief Lagarde says global recovery taking root

L&T terms Bhushan’s resolution plan as discriminatory

Govt may pay cane growers to help sugar mills

Govt may pay cane growers to help sugar mills

Global IT spending to grow 6.2% in 2018, hit $3.7 trillion: Gartner

Finmin may ask Sebi for relaxing minimum 25% shareholding norms for PSUs

Reliance Infrastructure wins Rs 10.81 billion EPC project for Kudankulam

NSE to move 15 firms to restricted trading category for surveillance review

Allegations against ICICI bank pose reputational risks: Fitch Ratings

Cement sector likely to post flat 5% growth in FY19: Report

Alembic Pharma gets USFDA nod for Acyclovir ointment

Pesticide-makers oppose provisions of new Bill

ED raids Vadodara firm, directors in Rs.2600-cr bank loan fraud

Max corruption complaints against railways, banks: CVC

Tariff hike issue: India wants amicable settlement with US

Govt likely to pay cane growers to help sugar mills

ICICI Bank board said to be divided over CEO Chanda Kochhar?s future

Bharat Petroleum may hive off gas business into separate wholly owned subsidiary

Swiss Aviation Consulting denies bid for Air India assets

Aircel bankruptcy seen hurting Wipro’s Q4 results

Sebi strengthens algo trading norms, co-location facilities

Novartis to pay $8.7 billion for gene-therapy company AveXis

NITI Forum to meet in Agartala tomorrow; to give boost to the development projects

Largest mortgage player HDFC hikes lending rate by up to 0.20%; increase in RPLR is effective from April 1

After RBI’s objection, Axis Bank CEO Shikha Sharma re-appointed only for 6 months

New biz models may create headwinds if Indian firms unable to evolve

Mild revenue growth ahead for IT industry

Bourses asked to give co-location services to small players

PSUs get 100-day deadline for development roadmap

Creditor drags BHEL to NCLT to recover over Rs 1 crore due

 

•  RBI maintains status quo, keeps repo rate unchanged
•  SFIO receives complaint against Larsen & Toubro
•  Need to correct legal asymmetry in RBI’s powers: Urjit
•  US trade deficit rises to near 9-1/2-year high
•  Israeli firms IAI & Rafael taken out of restricted list
•  Bank treasury to get more flexibility in managing cash
•  RCom hopes to cut debt by Rs 25k crore
•  GDP growth projected to strengthen to 7.4% in FY19; 7.3-7.6% in H2: RBI
•  Rupee surges 18 paise on bullish RBI growth call, low inflation forecast
•  Depositories to monitor foreign investment limits in Indian cos: Sebi
•  Special Rs 26-bn package to boost export of leather products, footwear
•  RBI looking to introduce central virtual currency, bans bitcoins
•  L&T construction arm bags orders worth Rs 3,376 cr
•  SC vacates stay on sale of RCom?s wireless assets to RJio
•  Trade stand-off: Indian cotton exports to China may bloom
•  India Yamaha Motor sets up 1,100 KW solar plant at TN unit
•  Hindustan Coca Cola Beverages sets up plastic recycling initiative in Hyderabad
•  CBI books Vadodara firm for Rs2,654 crore fraud; raids premises
•  NYSE agrees to acquire 136-year-old Chicago Stock Exchange
•  UltraTech?s last-minute $1.1 billion bid entertained by Binani Cement lenders
•  10-year bond yield slumps 17 bps as RBI cuts inflation forecast
•  RBI dumps GVA model, switches back to GDP to measure economy
•  20:80 gold scheme comes back to haunt RBI; CBI quizzes its 4 senior officials
•  Modi government cuts nuclear power capacity addition target to one-third
•  Domestic air travel demand soars to 22.9% in February, says IATA
•  Kirloskar introduces affordable farm machines
•  Smaller MFs grow faster than large funds in FY18
•  Govt to recover revenues from likes of Mallya
•  Finance minister suffering from kidney ailment
•  CBI questions RBI officials in PNB scam

ICICI Bank risks class action suit in US: Jefferies

China hits back, slaps tariffs on 106 US products

‘India ranks 3rd among nations facing cyber threats’

India to offer $3-4 bn plan for Iran gasfield: Sources

‘Banks stare at $38 bn new dud loans from power sector’

Loan write-offs decline to 13% of gross NPAs: RBI

No loans given outside consortium to Videocon: ICICI

Indian telecom billionaires plan $6 billion warchest

Average phone call rate falls to 19 p/min, data tariff to Rs 19/GB: Govt

Amazon may offer to buy Flipkart to counter Walmart’s bid: Report

NCLT allows new claims of Rs 8 bn against Monnet Ispat & Energy

Idea worst hit in Q4 among telcos, to report a five fold increase in losses

India bags second position in crude steel production, output up by 3.4%

PNGRB issues new bidding norms for CNG, PNG retail licence

`Over 17 lakh e-way bills generated in 3 days

Amendment in solar bidding norms positive, says ICRA

NCC gets orders worth Rs 1,085 cr

NBCC to construct bunkers along Indo-Pak border

Capacite Infra bags order worth Rs 365.5 cr

Numetal, Arcelor seek to cancel each other’s Essar Steel bid

Jet Airways to buy 75 Boeing 737 Max jets worth up to $9.7 billion

MFs add 32 lakh investors in 1 year due to ad campaign

Reliance Power to raise up to Rs2,000 crore via QIP

Ranbaxy’s demise wake-up call for business families in India

PE exits in India grew over 60% to $15.7 bn in 2017: Bain

Chinese handset major Xiaomi to bring ‘crowdfunding’ platform to India

Big drop: Remittances sent by Indians abroad fall by $8.5 bn between 2014-15 and 2016-17

Trade war finally begins as China set to slap 25% reciprocal tax on US products; markets tumble

China hits soybeans, aircraft in counter-punch to Trump tariffs

BEL clocks a milestone turnover of Rs10,000 cr

Banks saw frauds worth Rs 18,170 cr in FY17: IiAS

PNB allowed to spread fraud losses over four quarters

Govt may accept insolvency panel report sans changes

Over 1.7 lakh e-way bills generated on launch day

India is now world’s 2nd largest cell phone producer: ICA

NPAs: After banks, now NBFCs in a Rs 2.2 trillion mess

RP changes bidding rules to keep Ruias out of race for Essar Steel

Euro-VI fuels roll out in Delhi, prices hit record high

Maruti’s March sales up 14.9% at 1,60,598 units

Majority stake of Ratnagiri refinery on offer: Govt

NCLT initiates insolvency resolution for Lanco Teesta Hydro Power

Govt disposes of around 700,000 tonnes of pulses so far from a buffer stock

ED initiates enquiry in ICICI-Videocon loan, asks Sebi for documents

Hero MotoCorp crosses record 7.5-million units sales mark in 2017-18

BSNL approaches DoT for recovery of Aircel’s outstanding dues of Rs 420 mn

MIT-India conference to be held on April 8

Centre may impose 10% import duty on mobile motherboards

Ashok Leyland to set up plant for buses in AP

Ind AS 115 will help in improved disclosures: ICAI

GAIL arm to invest Rs 3,000 cr in Dabhol terminal

Tata Motors’ sales rise 35% to 69,440 units in March

Canara Bank calls off move to divest stake in Canfin Homes

Vedanta wins bid to acquire Electrosteel Steels in an insolvency auction

LIC trims stake in Sterlite Technologies by 2%

Royal Enfield sales surge 27% to 76,087 units in March

Allahabad Bank cuts lending rates by 45 basis points

Reliance Jio Prime membership extended for another year at no cost

BSNL vs Aircel: PSU approaches DoT for recovery outstanding dues

Russia earmarks $53mn to develop digital economy

ASSOCHAM demands BPO-centric response team to minimise cyber attacks

IOC to invest Rs 1.4 lakh crore to double refining capacity

JSW Steel steps up mega Odisha project plan

Cotton prices may remain firm around Rs 115

Brass futures contract to provide price discovery platform

Export blues cast shadow over apparel industry

Pfizer seeks another miracle drug

PNB plans vertical to recover stressed assets

Rs 8,297cr demand notices slapped on Coal India firm

Land degradation may affect 3.2 billion people globally

Telcos revenue, license fee shrank in FYQ3: TRAI

India-EU FTA negotiations likely to resume soon

JSW Steel to invest $500 million in Texas unit

Centre asked to consider BS-VI fuel from April 2019

Economy to double to $5 trn by 2025; no risk to inflation target: SC Garg

Essar Steel insolvency: ArcelorMittal drags bankers’ rejection to NCLT

Govt plans to borrow Rs 2.88 trn in H1FY19; to issue inflation indexed bonds linked to CPI

Unlisted PSUs buy back Rs 26 bn stocks to help meet disinvestment goal

NMDC declares interim dividend of 430%; shareholders pocket Rs 13.60 bn

ASICS looking to double topline growth in India

RBI to keep policy rates on hold, maintain neutral stance: Report

China promises to address trade deficit issue with India

Dr Reddy’s launches generic version of therapeutic injection

Maruti’s new Swift clocks over 1 lakh bookings in 10 weeks

KEC International wins contracts worth Rs 2,419 cr

ICICI Securities IPO size cut to Rs3,520 crore, sees 78% subscription

Tata Power sell Tata Comm shares to parent for Rs2,150 cr

Govt plans ban on sale of fairness creams containing steroids

Bank privatisation not answer, empower bank boards: Industry

Small savings interest rates may not go up in April-June

Axis Bank’s rating unaffected by not honouring guarantee, says Fitch Ratings

Government to borrow Rs 2.88 lakh crore in first half of FY19; announces short-term securities

Reliance Jio is top innovator brand in India, Google leads global list

Lakshmi Mittal’s ArcelorMittal moves court against Essar Steel bid rejection

Oil import bill may jump by 25% in FY18

150,000 primary health centres to be turned into wellness units

EU starts safeguard probe into some steel products, India worried

India’s biggest challenge is to get more & more people to pay income tax: CEA

BSNL eyes 13% market share; slams DPE for clubbing it with MTNL, AI

PNB pegs FY18 fraud loss at Rs 14,500 crore

Spending talks nearly done, $1.3T bill to be unveiled

Complaint against jeweller Kanishk for Rs 825-cr fraud

NuMetal moves NCLT to stay eligible for Essar Steel

NHPS gets cabinet nod, scheme portable across country

Mohandas Pai says 60% of Indian startups will fail

Need to connect all banks with mobile banking: Report

Lenders reject bids by Numetal, ArcelorMittal for Essar Steel

PNB blames concurrent auditor for not flagging off SWIFT transactions

Abbott India gets aggressive on new product launches, plans 110 in 5 years

At $768 bn, Amazon is second most valuable US-listed company; tops

US slaps anti-dumping duty on steel wire imported from India, China

China allows foreigners to enter $27 trn payments market

US slaps anti-dumping duty on Chinese, Indian steel flanges

Indian firms most concerned about rising protectionism: Report

Five mines of NMDC receive 5 Star Rating

Shortage of coal continues to hit power generation

Tata Group, DP World discuss cooperation

Sun Pharma gets USFDA nod for plaque psoriasis drug

Lenders restart Essar Steel auction, after rejecting Numetal, ArcelorMittal bids

Coal India to set up plants for coal gasification

RCom gets bondholders’ approval for asset monetization plan

Sebi mulls overhaul of algo-trading norms

Bayer clears EU hurdle for Monsanto deal with BASF sale

S&P’s boost for Modi, says banking sector could witness turnaround in FY20

Draft policy seeks stable regime for agriculture exports

Supreme Court directs JP Associates to deposit Rs 200 crore by May 10

Mutual fund NAVs are eroding for equity and debt

Rupee pushed down by global monetary uncertainty & high CAD

Force Motors, Rolls-Royce Power Systems ink Rs 300cr JV

LVMH adds $5,200 Hublot to roster of priciest smartwatches

India, US to bilaterally discuss steel import curbs

Fixed-term employment extended to all sectors to boost ease of biz

Goldman slashes India growth forecast on PNB fraud

‘Resolution plan for Binani Cement submitted to NCLT’

WTO members concerned over US import duty hike

Next wave of NPAs will come from SMEs: Kotak

Essar Oil picks Trafigura, BP for $1 bn oil-backed loan

Nirav Modi firms in Surat SEZ diverted duty-free diamonds: DRI

L&T, Reliance bid for Yogi’s flagship Rs 190 bn infra project

Govt to meet primary dealers to discuss Rs 6.06-trn bond sale plan: Report

ICICI Bank raises Rs 40 billion via bonds, money to be used to fund growth

EESL acquires UK-based power generator Edina for 55 million euros

Videocon exits insurance biz; sells stake to DP Jindal Grp, Enam Securities

India scraps sugar export tax to boost exports, cut inventory

Tata Motors to hike passenger vehicle prices by up to Rs 60K from April 1

Informal WTO ministerial meeting begins with 52 nations

Bata hopes India to be largest market in terms of turnover

Force Motors joins hands with Rolls-Royce Power Systems

Private fuel retailers market share rises in three years

PNB fraud: Mehul Choksi refuses to join CBI probe again

Biocon sees approvals unlocking $1 billion biosimilar sales

Sterlite Power acquires Rs1,500 crore Goa-Tamnar project

Hindustan Aeronautics IPO subscribed 99% on final day

Stringent norms, extended lull seen weighing on realty sector

Sebi may tell exchanges to raise fees for trading in illiquid stocks

Reforms unlikely till next general elections: Former RBI Governor Raghuram Rajan

Wheat production likely to hit 100 million tonnes target this year

Transitional Credit Under GST: Centre takes exclusive powers to verify claims

Need more financial education as financial inclusion improves, says panel

Trade deficit of $44 billion pushes up CAD

US plans heavy China tariff hit

New India launches global medical cover

US mulls new law to guard call centre jobs

MFIs increase checks and balances post-DeMo