Morning Business News Round up_October 21, 2015

Morning Business News :

  • HSBC, Citibank Hire Investigators To Probe Black Money Trail
  • Rcom, Aircel And MTS Begin Talks For Three-Way Merger
  • Mahindra & Mahindra Pips Tata Motors In CV Sales
  • RBI Invites Applications For BBPS Units
  • Govt May Pay Sugarcane Growers Direct To Help Mills
  • S&P Downgrades Vedanta Resources Credit Rating
  • TRAI Call Drop Norms To Hurt Telcos’ Earnings: Bofa-ML
  • BSE Asks Brokers Using Algorithm Trading To Submit Audit Reports
  • Impairment For KG-D6 Block Likely For RIL
  • World Bank Poverty Estimates Are Poor, Says Government

  • US FDA Raises Concerns On Cipla’s Indore Plant
  • Oil & Gas Industry Seeks Slashing Of Rs 4,500 Per Tonne Cess On Crude
  • Tata Steel Says May Cut About 1,200 UK Jobs In Restructuring
  • Bajaj Finserv Consolidated Net Profit Jumps 40% In Q2
  • Biocon Q2 Profit 300% Up At Rs 306 Cr On Syngene Windfall
  • RIL’s Refinery Margins Will Continue To Improve: Moody’s
  • ACC Q3 Consolidated Net Down 40% At Rs. 115 Cr
  • HCL Tech To Buy Volvo’s IT Business
  • Vedanta To Export Over 5.5 Mt Iron Ore From Goa This Year
  • Govt Mulls Raising FDI Limit In News Media
  • Maruti’s Royalty Payouts To Suzuki ‘Extortive’, Says Report
  • Adani Transmission Q2 Consolidated PAT Jumps To Rs. 153 Cr
  • India In Talks To Buy Coking Coal Mines In South Africa
  • Hero Motocorp Q2 Profit Rises Marginally To Rs772 Crore
  • Airtel Raises $400 Million More From Sale Of Africa Assets
  • Govt Likely To Order Audit Of Telecom Firms
  • Rupee Closes 25 Paise Weaker Against US Dollar At 65.06
  • SKS Microfinance Net Profit Up 37% In September Quarter
  • Employment Increases By 5.21 Lakh In FY15
  • FY15 Coal Import Bill Spills Over Rs 1 Lakh Crore; 27.12% Jump
  • TCS Announces Global Alliance Partnership With Tableau Software

  • Govt To Tap Rs 10k Cr Idle Funds For BPL Age, Health Cover
  • Bond Holders Could See Windfall Gain With Hike In FPI Limit
  • Irdai Clears Air On Control Of Indian-Owned Cos
  • India At Rock Bottom In Global Pension Index
  • Ramco HCM Makes Its Foray In The US Market
  • S&P Unlikely To Change India’s Rating Till At Least 2016
  • Attune Technologies Raised $10m In Series-B Funding

Morning Business News Round up_October 20, 2015

Morning Business News :

  • S&P Retains India’s Rating At BBB-, Rules Out Upgrade
  • Govt Hikes Import Duty On Wheat To 25% From 10%
  • Govt To Import 3k Tonnes Of Pulses To Contain Prices
  • Dot May Conduct Audit Of Telcos From 2008 Onwards
  • R Rajan Slams IMF For ‘Applauding’ Easy Money Policies
  • Care Ratings Lowers India’s GDP Forecast To 7.5-7.6% In FY16
  • Tata Comm Eyes Acquisitions To Improve Product
  • Walmart Paid Millions In Bribes In India: WSJ

  • RBI To Provide More Bank Licences, Says Mundra
  • Maggi Manufacture, Sale Allowed In Karnataka
  • Power Ministry Proposes Compensation At 85% Of Land Value For Tower Base Area
  • Indigo To Retire Rs 1,166 Cr Debt From IPO Proceeds
  • Infosys To Acquire US-Based Noah Consulting For $70 Mn
  • Telangana Government, Cement Firms In Talks Over Supply Pricing
  • Gujarat Lifts Ban On Sale Of Maggi
  • PFRDA To Seek Tax Exemption For NPS At Withdrawal Stage
  • HCL Technologies Q1 Net Profit Dips 2.7% To Rs. 1,823 Cr
  • L&T Supplies First Parts Of Cryostat For ITER Facility
  • Reliance Jio Likely To Delay Its December Pan-India Launch
  • Indigo IPO To Hit The Market On 27 October
  • Square Yards Acquires Creative Design Studio Oryden Tech Labs
  • Morgan Stanley Profit Plunges 42% As Trading Revenue Slumps
  • PNB Housing Finance Plans Rs2,500 Crore IPO
  • Sensex Gains For Third Day, Nifty Closes At 8,275; Reliance Industries Surges 5.5%
  • Ultratech Q2 Net Up 3%, Expects Demand To Pick In H2 FY16
  • Middle East Set To Become World Leader In Internet Devices
  • Coal Imports Decline By 27% To 12.6 Million Tonnes In September
  • Options Get Boost As Stakes Increase In Derivatives
  • REC Plans To Garner Rs 700 Cr Via Tax-Free Bonds
  • India At Rock Bottom In Global Pension Index
  • Pimco Assets Stabilize A Year After Bill Gross’s Surprise Exit
  • IBM Revenue Missed Even The Most Pessimistic Estimates

 

Morning Business News Round up_October 13, 2015

Morning Business News :

  • IIP Rises To 3-Year High Of 6.4% In August
  • India Better Placed In Ems To Tackle Outflows: IMF
  • September Retail Inflation Quickens To 4.41% Y/Y
  • Dell To Buy EMC For $67 Billion In Record Deal
  • IOC To Spend Rs 32,500 Cr On Oil Exploration, Prodn
  • Large-Cap Equity, Debt Funds Underperform In Last 5 Years
  • DLF Plans To Derisk With Pre-Sale Project Completion
  • Infosys Q2 Net Up 12% Q-O-Q At Rs 3,398 Crore
  • Global Consultant Submits Draft Report On RIL-ONGC Gas Issue
  • Fiis Cut Stakes In PSU Banks In September Quarter
  • Sebi Plans 10-Page Abridged Prospectus For Ipos
  • Pay Minimum Annuity Of Rs 1,000 Monthly: IRDAI To Insurers
  • Yes Bank Gets RBI Nod For Mutual Fund, AMC And Trustee Co
  • Sebi Has No Black Money Problem, Says Sinha
  • S&P Cuts Volkswagen’s Credit Rating
  • Angus Deaton Wins 2015 Nobel Prize For Economics
  • Solar Sector Attracts $6.2 Bn Corporate Funding In Q3
  • Centre Circulates Model GST Laws Among States
  • Hiring Up 18% In September, Outlook Bullish: Naukri
  • Coal Scam: Court To Hear Arguments On Charges From Dec 7
  • Indian Companies’ Second Quarter Revenues Seen At Four Year-Lows
  • Pune-Based Kolte Patil Buys Out 100% Stake In Corolla Realty For Rs 164 Crore
  • Aon To Exit Indian Insurance Broking Market
  • A Tale Of Two Its And A $1.5 Trillion Opportunity
  • Vodafone To Launch 4G Services In Mumbai By December This Year

  • BSE Sensex Closes 175 Points Down, NSE Nifty Settles At 8,143.60; IT Stocks Fall
  • Economic Recovery In India Much Slower Than Expected: Bofa-ML
  • Banks Need Rs 5 Lakh Crore Capital For Basel III Norms: Study
  • Reliance Industries Drilled Out At Least 9 BCM Of ONGC Gas: Expert Report
  • 5 Kg Subsidized LPG Cylinders To Be Sold In Rural India By IOC
  • General Motors Ups Focus On Exporting From India
  • NPS Assets Rise 38 Pc To Top Rs 1 Trillion Mark