Morning Business News Round Up_ Dec 21, 2018

  • Farmers get $9bn loan relief ahead of elections
  • Bank credit grows by 15.07%, deposits by 9.66%
  • PSBs recover $8.69 bn of bad loans in April-Sept
  • RBI limits total outstanding ECBs to 6.5% of GDP
  • IL&FS to sell stake in education, wealth mgmt arms
  • Govt to put draft ecomm policy up for consultation
  • PowerGrid gets shareholders’ nod to raise FPI shareholding limit to 35%
  • ONGC board approves Rs 40 billion buyback at Rs 159 apiece; shares end flat
  • Govt wants Rs 100 bn interim dividend from RBI for fiscal deficit target
  • Defaults on credit cards, loan against properties on the rise, says CIBIL
  • Sterlite likely to restart Tamil Nadu’s Thoothukudi unit in two months
  • NITI Aayog’s recommendation on agri sector tough to implement: Experts
  • NCLAT reserves order on Bhushan Power and Steel
  • ‘RBI must release a vision document for UCBs to thrive’
  • CBDT to tighten monitoring of donations to trusts
  • Steel companies staying off Karnataka’s ‘overpriced’ ore
  • Gold, jewellery exports to post up to 5% growth this year
  • Govt announces tax relief to startups
  • Airtel sets up special panel to explore fundraising options
  • RCom urges DoT to grant approval for spectrum deal
  • Swiggy raises $1 billion in largest funding round till date
  • Canara Bank to raise up to ₹3,000 crore via Basel-III compliant bonds
  • RBI Governor Shaktikanta Das to meet private sector lenders next week
  • Bank of India eyes Rs 1200-cr from exiting life insurance arm Star Union
  • India’s crude steel output falls by 1.3 pct in November
  • Government taking steps to implement methanol economy
  • Tata Motors, Zoomcar join hands for self-drive EV rentals in Pune
  • Rupee rallies 69 paise, settles below 70-mark
  • BSNL to raise Rs 12,000 crore from PSBs for network upkeep
  • Brokers question 100% penalty on ‘bogus’ dealings
  • Energy subsidies decline by 36% to Rs 1.51 lakh crore
  • 3 banks’ merger unlikely before 1st quarter of FY20

Retail News Round Up_March 22,2016

Retail news :

  • P&G now introduces six-month adoption leave for employees
  • India looks to widen ambit of Google Tax on internet companies
  • Patanjali to raise Rs 320 crore forR&D Financial Express
  • Infibeam’s Rs 450-crore IPO subscribed 21% on Day 1
  • L Capital Asia will not commit more funds to existing Indian investments
  • LG overtakes Bravia maker Sony in flat panel television sales
  • Paytm inks strategic deal with PVR, invests Rs 120 crore in online movie ticket market
  • Alibaba annual transaction volumes cross $463 billion
  • Online C2C marketplaces can close Indias consumption gap
  • Big jewellers begin to register with excise authorities
  • Woodland to roll out wearables, sports gear
  • Aditya Birla Group firm launches fabrics brand Liva
  • Reliance Industries in branding alliance with Tamil Nadu firm for Recron fibre brand
  • Licences of 9 food outlets suspended in Thiruvananthapuram
  • BigBasket now to deliver goods on electric vehicles
  • Paylo.in acquires in-restaurant payment app Ruplee
  • Samsung plans range of exclusive online products
  • Foxconn to reduce offer for Sharp by around $900 million
  • IKEA donates Rs 92 crore for safe water projects in India, Indonesia
  • Cookware brand Wonderchef to raise Rs 100 crore
  • BSNL Announces Rs 2000 Crore Modernization Drive; 3G & Rural Areas To Be Major Focus
  • Alibaba All Set To Enter Indian Ecommerce Market By End of 2016; Govt. Promises‘Full Support’

 

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead

 

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Morning Business News Round up_November 18, 2015

Morning Business News :

  • Infra project budgets may drop land cost for faster nods
  • India Inc’s overseas investment down 21% at $2.3 bn
  • US consumer prices rise, may back rate hike views
  • Rosneft to buy Essar Oil; Iran in talks for refineries
  • Piramal Healthcare UK Ltd invests £2.0 mn in Scotland

  • FIIs can now invest upto 12% in Pipavav Defence: RBI
  • Jet, IndiGo, SpiceJet fined for cartelisation
  • Maharashtra govt to take back unused industrial land
  • Industry cheers govt’s new petroleum exploration policy
  • Maharashtra govt not to move SC seeking fresh ban on Maggi noodles
  • Bhushan Steel, Electrosteel Steels might look for strategic investors
  • BSNL reports operating profit of Rs 672 cr for FY15
  • IVRCL to get Rs 400 crore from loss-making sale of TN road projects
  • Blackstone to divest 50% of its investment in Synergy Properties
  • Sun Pharma to consolidate market share in pain relief biz segment
  • Solar capacity may reach 3,645 MW in 2016: Mercom
  • Current account deficit to be 1% of GDP
  • Number of active investor a/c with CDSL crosses 1-cr mark
  • 7th Pay Commission to submit report on Nov 19
  • CLSA’s Christopher Wood warns bad loans India’s biggest problem
  • Videocon launches FCCB issue to exchange part of existing bonds
  • Verdict reserved on arbitrator dispute between RIL, govt
  • India’s October oil demand highest in 5 months on vehicle sales
  • Craftsvilla raises $34 million from Sequoia, others

  • Sensex P/E ratio highest among emerging markets on steady foreign inflow
  • Sensex closes 104 points up on value buying, global cues; Nifty settles above 7,830
  • Crop insurance, irrigation key to raising pulse output
  • Indian Railways hikes minimum train fare from Rs 5 to Rs 10
  • Sugar stocks sweeten on expectations of lower crop output
  • Policy on coal linkages likely in 15 days: Govt
  • ITC Infotech partners with Ramco Systems
  • Residential realty prices may worsen
  • Axis MF eyes Rs 700 cr from Children’s Gift Fund
  • Airtel, NTPC to take a bad hit if rupee falls by 15%
  • Western Coalfields lines up Rs 6,280 cr investment by FY20

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

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  • 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