Morning Business News Round up_December 08, 2015

Morning Business News :

  • Iran in talks for $4.5-bn gas link to Gujarat
  • Coal India to invest Rs 57,000 crore by 2020
  • Oil at lowest in seven years on OPEC inaction
  • Adani wants law to restrain greens from opposing mine
  • Fitch Affirms India’s sovereign rating at ‘BBB-‘
  • Govt awards NH projects worth over Rs 1 lakh cr
  • Indian e-commerce market to touch $128 bn by 2017: Study
  • JP Morgan AMC sells Amtek’s distressed papers

  • NSE’s delaying tactics intact despite Sebi relaxing norms
  • Cigarette cos hit hard on GST panel suggestion
  • Power shortage, peak deficit at all-time lows of 2.4%, 3.2%
  • Iron ore exports at 10.75 lakh tonne
  • Malaysian govt raises objections to summons in Aircel-Maxis case
  • GMR Group may divest stake in energy business
  • Lanco Infratech commences power supply to Haryana discoms
  • GST: 40% tax proposal for aerated drinks may hit industry
  • Hindalco looks to exit copper mining and focus on smelting
  • com says India one of its fastest-growing markets
  • Adani Group wants Australia to restrict green groups opposing coal mine
  • AIA to raise stake in Tata AIA Life Insurance to 49%
  • Tata Steel may be nearing a deal on UK plant
  • PE funds, NBFCs join hands for big-ticket real estate deals
  • Sensex falls for fourth day, ends 108 points down, Nifty ends at 7,765;
  • Alkem Laboratories, Dr Lal Pathlabs IPOs to hit market tomorrow

  • Tower business sale to improve Reliance Com’s financial profile: Moody’s
  • Godrej Properties sells 300 flats for Rs 700 cr in Mumbai
  • Education loan made easier as govt stands guarantee
  • Mutual Funds see Rs 31,000 cr outflow in Nov
  • Climate talks enter final phase, India promises positivity
  • Insurers want tax sops for home cover buyers

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

Connect with us

Morning Business News Round up_September 03, 2015

Morning Business News :

  • India among top 5 sovereign EM debt issuers: Moody’s
  • OPEC oil output in Aug falls on Iraq disruption
  • FMC to be merged with Sebi from September 28
  • Jet Airways to merge its weak-performing arm Jet Lite
  • Fed missed rate-hike opportunity: Bill GrossNext
  • 12 mths to be challenging for realtors: Moody’s
  • Cabinet okays revenue sharing for oil & gas
  • Singapore wealth fund GIC to invest $300 mn in DLF projects
  • UP sugar mills to get booster shot of Rs 3,200 cr
  • Indian banks face broader capital challenges, says Fitch
  • Last date for e-filing of I-T return extended to Sept 7
  • Tata Motors’ Sanand plant to roll out first non-Nano model in December
  • Snapdeal acquires Silicon Valley startup Reduce Data

download

  • India seeks WTO members’ views on steel import norm
  • European Commission approves Shell’s purchase of BG Group
  • India’s wind energy potential estimated at 302 GW
  • CLB adjourns hearing on Financial Tech case to Sept 8
  • PTC India seeks shareholders’ nod to pay 22% dividend
  • Foxconn plans spend up to $1 billion on India start-ups
  • Welcome to quantitative tightening as $12 trillion reserves fall
  • Jim Rogers exits India, says one can’t invest just on hope
  • $250 billion opportunity to invest in renewables: Piyush Goyal
  • India is on an extremely slow path to economic recovery: Report
  • Sensex falls for 3rd day in a row, ends 243 points down, Nifty closes at 7,717
  • Oil prices extend losses on US oil inventory, manufacturing data
  • Cabinet clears extension of compensation part of Land Act to 13 other central laws
  • SAIL to spend Rs 7,500 cr on modernisation, expansion
  • RBI’s new base rate formula to push banks to cut rates more
  • Hedge funds slip as markets plumb new depths in August
  • PFRDA asks intermediaries to comply with FATCA rules
  • Monsoon deficit not to impact sales, says Tata Motors