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Evening Business News Round Up

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  • Citigroup Cuts Long-Term Iron Ore Forecast To $55 As Demand Shrinks
  • Rbi Likely To Cut Policy Rates By 0.25% On June
  • Delhi Hc Allows Greenpeace To Use Two Accounts To Get Domestic Donations
  • Tata Motors Falls 7%, Analysts Still Bullish Post Q4 Nos 
  • Tech Mah Sinks 14% Post Q4 Nos 
  • Pnc Infratech Surges Over 15% On Second Day Of Debut 
  • Aban Offshore Net Profit Down 28%; 4q Net 1.14b Rupees
  • United Spirits’ Net Loss Declines To Rs 1,799 Crore In Q4 
  • Gail (India) Dips Post Q4 Results 
  • Abg Shipyard Hits Six-Year Lows As Q4 Loss Widens 
  • Ttk Prestige Net Plunges 61% To Rs 10 Crore In Q4 

  • Zee Learn 4q Net 38.1m Rupees Vs 17.3m Loss 
  • Niit Ltd. 4q Loss 1.09b Rupees Vs 253m Profit 
  • Balrampur Chini Mills 4q Net 758.2m Rupees Vs 1.9b 
  • West Coast Paper 4q Loss 220.7m Rupees Vs 100.4m Profit 
  • Indoco Remedies Qtr Net 187.5m Rupees; Est. 238m 
  • Max India 4q Net 840m Rupees Vs 620m Yr Ago 
  • Redington (India) 4q Net 1.23b Rupees; Est. 1.23b 
  • National Fertilizers 4q Loss 1.01b Rupees Vs 98m Loss 
  • Astrazeneca Pharma India 4q Net 381.3m Rupees Vs 25.7m Loss 
  • Novartis India 4q Net 519.4m Rupees Vs 238.8m 
  • Tata Chemicals 4q Loss 741.7m Rupees Vs 12.3b Loss
  • Reliance Infra 4q Net 4.59b Rupees
  • Gail (India) 4q Net 5.11b Rupees 
  • Health Policies To See Spike In Premiums If Cpi+3 Formula Is Used 
  • Sahara Enters Fray To Buy Back Grosvenor Hotel 
  • Sasken Communication Seeks Shrholder Nod For Shr Buybk

  • Minda Ind Board Approves Investments In Indonesia, Singapore Units
  • Firstsource Refinances Long-, Short-Term Loans Of Units 
  • Alibaba Ties Up With Allcargo Arm Ecu Line To Ship Less-Than-Container Load Consignments  
  • Zostel In Talks To Raise $15 Million From Tiger Global 
  • Vedanta Says Will Work To Lift Cap On India Iron Ore Output 
  • Coal Linkage To Katwa Power Plant Will Help Ntpc Float Tender 
  • Infosys Hopeful Of Meeting $20-Bn Revenue Target By 2020
  • Sbi General Posts 33% Rise In Premium For Fy15 
  • Aban Offshore To Raise Up To $400m Via Fccb, Gdr, Adrs 
  • Cipla, Serum In Distribution Pact For Flu Vaccine For India 
  • Tanzania To Buy Back Bharti Airtel’s Stake In State Telecom 
  • Wockhardt Rises 11%; Usfda Completes Waluj Inspection 
  • Indigo To File For $400mn Ipo By July, May Offer 25% 
  • Sensex, Nifty End Flat; F&O Expiry Eyed, Banks Lead Gainers 
  • Vedanta To Buy Up To 5.33% Stake In Cairn India On June 3 

 

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Evening Business News Round up

beelineadmin
  • Sell Into Rally As Nifty To Struggle; Like Auto, Agri: Ambit
  • Revival Seen Only Post 5 Quarters; Like PSU Banks: Emkay
  • China, India Likely To Be Largest Shareholders Of AIIB

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  • Parliamentary Panel On Real Estate Bill Seeks Feedback
  • Jayalalithaa Meets TN Governor, Hands Over Cabinet List
  • World Bank: Gaza Economy On ‘Verge Of Collapse’
  • Japan Stock Market Cap Hits Record, Exceeds 1989 Peak
  • SBI Q4 Net Rises To Rs 3742 Cr, Asset Quality Improves
  • Britannia Industries Soars 12% On Q4 Nos, Margin Improves
  • Strides Arcolab Q4 Net Profit At Rs 69.66 Cr
  • Essar Shipping Q4 Net Loss Narrows To Rs 159.69 Cr
  • Britannia Industries Hits New High On Strong Q4 Results
  • Voltas Touches Lifetime High As Q4 Profit Beats Estimates
  • RCF Declines As Q4 Profit Halves
  • ITC 4Q NET 23.6B RUPEES; EST. 25.2B
  • RBI Gives More Leeway To Banks On Npas Sales
  • Sebi Charges Murugappa Chief, 3 More With Insider Trading
  • Coalscam: Court Grants Bail To Naveen Jindal, Rao, Koda & Others
  • Metkore Steel And Alloys Declares Lockout At Tekkali Plant
  • JCB Banks On India Play, Eyes Highest Revenue Share By 2018
  • Coal Auction For Commercial Mining Likely This Fiscal
  • Brand ‘Madhur’ To Help Boost Realisations: Shree Renuka
  • Sangam (India) Zooms Over 50% In Four Days On Stake Hike By Promoter
  • Currency Factor Will Not Impact Margins: Allcargo Logistics
  • Finmin Sanctions Rs 5,223-Cr Fuel Subsidy For IOC, BPCL
  • Infinite Computer Tanks 20% On Weak FY16 Guidance
  • Suven Life Sciences Gets Patents For Neurodegenerative Drug
  • Adani Enterprises Hits Record High; Zooms Over 60% In 2015
  • Gold Poised For Worst Weekly Dip In Four As Dollar Strengthens; Oil Prices Slip In Asian Trade
  • Sensex Up 148 Pts, Nifty Ends Above 8450; SBI Drags 3%, Punj Llyod Soars 15%
  • Coal Linkage Auction To End Discretionary Allotment: Goi
  • FY16 Fiscal Situation Comfortable: Govt Sources
  • Status Quo On Foreign Equity In Multi-Brand Retailing: Jaitley

 

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Evening Business News Round up

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  • Rural Slowdown Risky For Sales of Branded FMCG Cos: Soc Gen
  • Short-term GST Gain Limited; Need More Govt Spending: Geosphere
  • Nifty May Slip To 7900; 25 bps RBI Cut Priced in: Quantum
  • NRN Murthy Praises Modi govt, Urges People to Support PM’s Endeavours
  • World Shares Subdued By Mixed China, Euro Zone PMI Data
  • Hundreds March at McDonald’s Headquarters Protesting Low Wages
  • National Payments Corp of India To Tie up with China UnionPay
  • Sylvant Network To Help 8 Education start ups Raise $6 Million
  • Oil Prices Gain On Upbeat US Stockpiles Report
  • Geelani’s Passport Application Will be Processed On Merit: MHA
  • RBI Discussion Paper on Cashless Economy Shortly: Padmanabhan
  • Tiger Global Exits Just Dial; Sells Stakes For Over Rs 430 Crore
  • Ola Eyes 25 Cities For Its Auto Service By March 2016
  • eBay Launches Online Perfume Mall
  • Mercedes India Launches Updated S 600 Guard At Rs 8.9 cr
  • Bajaj Auto Q4 Net Falls 18.5% On Weak Volume; Expenses hurt
  • CESC Posts Near-Flat Q4 net Profit at Rs 244 Crore
  • Wonderla Holidays 4Q Net 65.9M Rupees Vs 71.5M

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  • Zee Entertain 4Q Net 2.3B Rupees; Est. 1.9B
  • TTK Healthcare 4Q Net 45.7M Rupeed Vs 32.5M
  • Shipping Corp 4Q Net 1.01B Rupees Vs 132.4M
  • Bajaj Allianz Gen Insurance Profit up 37% to Rs 562 Cr in FY15
  • Tata Steel Tanks 5% On Dismal Q4 Nos; Analyst Cut Target
  • Adani Lines Up Buyers For Australia Coal Mine
  • Godrej Properties Rallies On Selling Entire Inventory At Godrej Icon
  • Tata Steel Thai Unit Sees Return To Net Profit in 2015-16 On Rise in Demand, Prices
  • IRB Infra Bags NHAI’s Rs 2,650-Cr Agra-Etawah Project
  • HPCL Plans To Fill Oil Cavern Leased In Vizag Jul.-Aug.
  • United Spirits Says In Process To Monetize Some Non-Core Assets
  • Gayatri Projects Extends Rally Post Stake Purchase By Mentor Capital
  • Essar Pulls Out Of Race To Buy Nokia’s Chennai Mobile Plant
  • Hopeful Of 25% Bottom Line Growth In FY16: MT Educare
  • ABG Shipyard Tanks Post Clarification On Loan Rep

 

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