- KKR backs Musale family to buy out Navis Capital from Classic Stripes
- Matrix Partners raises $110M afresh; co-founder Navani quits to float Epiq Capital
- Diagnostics chain Thyrocare eyes up to $360M valuation in IPO
- Tide Water to buy UK lubricant firm Price Thomas for $13.7M
- Nazara picks up 26% stake in Mastermind Sports
- Ola, Quikr backer Matrix raises $110M for new VC deals
Tag: #perorder
Morning Business news Round Up_April 22,2016
- RBI issues direction on merger of pvt sector banks
- India to become $10 tn economy: Amitabh Kant
- UK govt may buy 25% equity stake in Tata Steel
- SIDBI sanctions Rs 1,000 crore to start up funds
- Govt initiates safeguard investigation against aluminium imports
- GST Bill: Govt will again try to convince Opposition, says Venkaiah
- SoftBank investors call for Nikesh Arora’s dismissal; co says no
- Call drop: Telcos earning Rs 250 cr a day but not investing: TRAI
- Govt aims to remove poverty by 2032
- Need level-playing field for HFT trades: SEBI to brokers
- No decision yet on re-starting talks with India, says EU envoy
- Defence buy panel yet to sign off on key partnership chapter
- Multilateral pact likely for info exchange on MNCs
- Glenmark receives 3 observations from USFDA for Indore plant
- BSE extends online bidding process for ‘market maker’ till Ap 29
- Reliance may see rise in profit led by strong petrochem margins
- IndusInd Bank’s Q4 profit rises 25.25% to Rs620.35 crore; provisions jump 98.86%
- Rupee closes 18 paise lower against US dollar at 66.40
- Jaypee gets breather as RBI allows banks to classify group’s loans as standard
- Sebi likely to ease mutual fund advertising, promotion norms
- RBI asks banks not to treat default by some firms as NPA in Q4
- Sensex gains for 6th day in a row, ends 36 points up; Banking stocks surge
- India pips China as top FDI destination in 2015: Report
- Residential demand driven by end-users in Jan-March quarter
- Bank bureau to discuss capital plans of lenders
- Hindustan Zinc reports worst financials since FY09
- Silver makes starry performance in April
Retail News Round Up_April 21,2016
- Online drug marketplace 1mg raises $15M from Maverick Capital, others
- Indian state-run firms to launch $1 billion masala bonds
- Online-to-offline app Fashalot gets seed funding from YourNest, others
- ixigo Cabs Brings 1-Tap Booking Feature That Works Without Internet or GPS
- Zoho’s New Gamified & Mobile Focussed Products Set To Challenge Microsoft & Google Apps
- Google Brings Chromecast And Chromecast Audio To India At Rs 3,399
- Quikr Launches Logistics Capabilities For Quikr Doorstep In Bangalore
- Bangalore Based Fitness Startup OyoFit Raises Angel Funding
- Marketing platform Betaout secures $1.5M in funding
- Paytm drags Snapdeal’s company to Delhi High Court over data theft
- Coca-Cola may stop glass bottles to cut cost
- Grofers moving to inventory model with fruits & veggies under pvt label Freshbury
- Metro Cash and Carry opens first wholesale centre in Surat, Gujarat
- LogiNext to cater blended orders across e-commerce, food delivery, grocery products
- Future Group forays into dry fruits with Karmiq brand
Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader
-Indra Nooyi
Morning Business news Round Up_April 21,2016
- Bad loan-laden banks get a brief respite from RBI
- Wipro’s Q4 consolidated net profit at Rs 2,240 cr
- State-run cos likely to launch masala bonds worth $1 bn in UK
- Crude oil import bill halves to $64 bn in 2015-16
- US opens probe linked to Panama Paper revelations
- Services sector driving Indian economy: President
- Small, medium-sized UK firms face 35.6 billion pound Brexit hit
- Govt calls on developed world to tax coal for climate fund
- Tata Steel UK staff to bid for Welsh business
- Bharti Airtel plans to sell 5% in tower arm Bharti Infratel
- Essar Steel bags letter of intent to develop iron ore block in Odisha
- India set to sign climate change treaty on Friday
- March quarter sees churn getting more cemented in Prism Cement, Heidelberg
- Tyre makers seek steps to halt surge in imports, dumping
- Tata’s Port Talbot steelworks in possible management buyout
- R Rajan warns against ‘euphoria’ over fastest-growing tag
- in plans fresh round of investment
- Wipro’s Q4 profit falls 1.6% to Rs2,235 crore; Rs2,500 crore share buyback approved
- Saudi Arabia close to securing $10 billion bank loan
- India to appeal against WTO solar ruling in next few days
- PSU oil firms to spend Rs2,500 crore to open 3,100 fuel stations
- Nearly half of Indians survived on less than Rs38 a day in 2011-12
- Sensex, Nifty end flat in volatile trade; Metal stocks surge
- Govt to set up social security scheme’s platform: Sinha
- India likely to face another year of uneven growth: DBS
- Aston Martin sports car Rapide launched, priced at Rs 3.29 cr
- Biocon Inc recalls 5,505 bottles of Simvastatin tablets in US
- Rs 11.4 lakh-cr worth projects stalled till March: ICRA
- US think tank launches India-US trade initiative
- No govt intervention on surge pricing necessary
- We are in early stages of long-run bull market
- Jaitley defends appeal in Vodafone tax case
- Rupee jumps 33 paise to close at 66.22 vs dollar
Today’s M & A Deals_April 20,2016
- Religare to sell US-based PE & VC arm Northgate Capital
- Inter-city cabs aggregator Roder in talks to raise Series A funding
- 120 Media spins off content unit, close to pre-Series A round for Sooperfly
- Marketing automation startup Betaout raises $1.5M
- Sequoia-backed Suburban Diagnostics eyes higher growth
- Online wedding gift registry ForMyShaadi close to raising seed funding
- On-demand chauffeur provider DriversKart raises $450K from ah! Ventures, others
Morning Business news Round Up_April 20,2016
- IMF, World Bank, UN, OECD form group to build effective tax system, stop erosion
- Govt rolls back restrictions on withdrawal of PF
- Funds investing in US stocks outperform the Nifty easily
- HDFC announces IPO for HDFC Standard Life
- Anil Ambani chasing billion-$ defence kitty
- Sovereign wealth funds global assets surpass $6.5 tr
- Corporate debt worth $178 billion at default risk
- RBI will continue to intervene in currency market, says Rajan
- Agriculture in stress, manufacturing holds promise: FM
- Hiking steel prices not enough for SAIL’s turnaround: Report
- Suzlon acquires five firms to execute renewable energy projects
- IRDAI to allow foreign reinsurers to open branches soon
- Tatas defer Tata Tele share conversion by a year
- HPCL plans $3.8 bn refinery investment to lift capacity by 2/3
- Air India flies into operating profit first time since merger
- Recovery in business confidence continues for 2nd qtr: D&B
- Religare to divest stake in its US-based investment firms
- Govt working on Katoch panel proposals to reduce bulk drug imports
- US, EU, Japan question India’s policy tweaks to restrict imports
- TCS lags industry estimates with 11.9% revenue growth in FY16
- Indian economy can grow at 8-8.5% in FY17, says Arun Jaitley
- Greybull Capital considers bid for Tata Steel’s specialty arm
- Cotton jumps as India supply falls, traders reassess China sales
- ED raids Sequoia Capital’s Bengaluru offices
- NTPC violating green norms for transport of coal, says panel
- India adds 3,000 mw solar capacity in FY16, beats 2,000 mw target
- RBI watching inflation, monsoon to decide interest rate
- India Inc on M&A spree: March deal tally at $5.4 billion
- Indian cos focus more on digital investments globally
- Kotak MF SIP grows four-fold, set to grab 5% mkt share
- Depositories to get mandate to distribute cash benefits
- Inox Wind bags 100 mw order for Gujarat, MP
Retail news Round Up_April 17,2016
- Snapdeal looks for a larger space in realty market and aims to sell properties worth Rs 2,000 cr
- Flipkart to expand sales of two-wheelers nationwide and to begin with TVS Motors entire range
- Biyanis Brand Factory speeds up expansion in bid to take on e-tailers
- HUL woos online sellers with warehouse scheme
- Paytm targets August launch of payments bank
- Alibaba to buy controlling stake in Lazada for about $1 bln
- BGPML enters online jewellery space, eyes Rs 100-crore revenue in FY17
- Subramanian Swamy asks Centre to withdraw excise duty on jewellery
- Regalia Luxury to sell Bovet Watches in India
- PureCircle to invest $200 million in India
- TTK Prestige acquires UK cookware supplier Horwood Homwares
- DHL set to increase head count by 15% in India
- BSNL To Connect 1 Lakh Panchayats with High Speed WiFi in a year
“Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending.”
-Carl Bard
Morning Business news Round Up_April 13,2016
- Global growth pegged lower @ 3.2%
- Wipro board to consider proposal to buy back shares
- China keen to invest in India’s high-speed rail sector
- Ind-AS to raise June quarter tax liabilities by 20%
- India is a preferred bet in Asia in medium term: Christopher Chen
- At 106% rainfall, IMD predicts above-normal monsoon in 2016
- March CPI eases to six-month low of 4.83%; Feb IIP rebounds to 2%
- IMF says ‘very real’ Brexit risk could deal blow to world economy
- Exit offers exempt from contra trade restrictions, says Sebi
- Liquidity situation recovers as government starts spending
- Iron ore imports tank 63% in FY16 to 5.6 mt
- Break in Greek reform talks ahead of IMF meet: Minister
- ‘Brexit, US elections are big risks in Q2’
- India, US logistics support pact to be finalised by June
- Jewellers submit proposal on excise to govt
- RBI restricts FII buying in JKumar, Inox Leisure
- Shilpa Medicare gets recognition from Japan
- Dr Reddy’s buyback opens on Monday, offers a maximum of Rs. 3,500/share
- RBI opposes disclosure of defaulter’s information
- Critical phase of reforms on now, says Arun Jaitley
- Weakest deposit growth since 1963 means higher rates for India
- Raghuram Rajan builds record reserves to strengthen Asia’s worst currency
- Lanco Infratech looking for strategic partner in power projects
- Indian bankers said to be wary of solar as SunEdison totters
- Sensex rallies 123 points on hopes of good monsoon,
- Japanese consortiums bid for GAIL’s $7 bn tender
- Vijaya Bank cuts term deposit interest rates by 25 bps
- Industry losing Rs 350 cr per day due to warning on tobacco products: Assocham
- UK govt prevented immediate closure of Tata Steel’s unit
- Retail inflation slides to 6-month low in March
- India begins probe into steel dumping by 6 countries
- PFRDA aims to add 60-70 lakh APY subscribers in FY17
The most important organ in the body as far as the stock market is concern is the guts, not the head. Any one can acquire the know-how for analyzing stocks
-Peter lynch
Retail News Round Up_April 12,2016
- Interim relief for Flipkart as Calcutta HC stays entry tax on West Bengal e-shipments
- Sony to get around 20% of IPL ad revenue from mobile handset makers such as Vivo, Lava, Micromax
- Samsung, Micromax miffed over levy giving Apple edge
- AskmeBazaar to launch marketplaces for food delivery and medicines
- Jaitley stays firm on excise duty on jewellers
- Anita Hassanandani to launch TheBag-Talk.com in partnership with High Spirit Commercial Ventures in Mumbai
- Manna Foods ropes in cricketer Ravichandran Ashwin as its global brand ambassador
- Australian cafe chain Di Bella Coffee launches home delivery with Swiggy
- Blue Star to set up 2 units at Rs 215 crore investment
- Tamil Nadu may follow Bihar on liquor ban
- Japan’s Alibaba, Rakuten, All Set to Enter Indian ECommerce Space
“Just because many have tried and failed, doesn’t make the task impossible.”
-Edmond Mbiaka
Today’s M & A Deals_April 12,2016
- Lender to low-cost schools Varthana raises Series B funding
- Asian Institute of Medical Sciences eyes second round of PE funding
- Debt deals get entrenched in real estate as funding slows in Q1
- Soach Global Opportunities Fund buys small stake in NSE for $9M
- PriceRaja gets $300K in angel funding from AdLift founder
- Social discovery platform Living Local raises $200K in seed funding
- Fairfax India bets $250M on PVC maker Sanmar
One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.
-Ron Chernow