Custom Search
Showing posts with label Business Line. Show all posts
Showing posts with label Business Line. Show all posts

Wednesday, October 28, 2015

Business Line


Business Line
 
Ø  ‘India may attract $6 b from Canadian pension fund in 8 years’

Ø  Japan offers conditional support to yuan joining IMF currency basket 

Ø  Seed industry seeks policy support to boost exports 

Ø   Japan's Nippon agrees to buy NAB's life unit for $1.7 bln 

Ø   Tata Trusts, Harvard University announce collaboration 

Ø   Essar Ports fixes Rs. 93.66/share as delisting floor price

 
Ø  Trai’s call drop policy may increase tariffs: Telcos

Ø  Maruti Q2 profit surges 42.1% to Rs1,225 crore

Ø  Jaitley sure of meeting fiscal deficit target despite disinvestment hiccups

Ø  US plans to sell down strategic oil reserve to raise cash

Ø  Lupin’s Q2 results are a rude reality check

Ø  Crompton Greaves to divest its Canadian power systems business

Tuesday, October 27, 2015

Business Line

Business Line

 

Mint

Ø   `Centre to address regulatory, financial issues in infra sector’

Ø  SEBI open to make changes on exchange-traded funds norms: Sinha

Ø  SEBI’s networth norms may nudge farmers out of NCDEX 

Ø  Tyre makers staring at lower revenue as Chinese imports soar 

Ø  Elder Pharma to repay creditors by selling assets 

Ø   L&T starts two training institutes in Vadodara 

 

Ø  Bharti Airtel Q2 profit rises 10% to Rs1,523 crore

Ø  Madhya Pradesh declares drought in 35 districts, seeks Rs2,400 crore aid

Ø  Sudhir Valia to buy Jaypee wind power assets for Rs180 crore

Ø  Standard Chartered winding down equity derivatives business

Ø  Hindustan Media Ventures profit rises 43%

Monday, October 26, 2015

Business Line

Business Line

 

Mint

Ø  ‘The regulator has the right to tell us what to do’ 

Ø  ‘Sin tax’ for alcohol, tobacco industries in GST regime

Ø   MEP Infra targets highway projects, seeks private equity partnerships 

Ø  DLF plans to monetise some more housing projects thu PE 

Ø  Demand for wellness, preventive-care treatment rising across country

Ø  Sunteck Realty to invest Rs 1K cr to acquire distressed assets 

 

Ø  Lava to invest Rs500 crore to set up manufacturing plant in Andhra Pradesh

Ø  Competitor offers $1 rival to Turing Pharmaceuticals’ $750 pill

Ø  M&A deals worth $25 bn signed in January-September: Mergermarket

Ø  IIFL Holdings Q2 profit rises 28% to Rs140 crore

Ø  Bank unions call for nationwide strike on 2 December

Thursday, October 1, 2015

Business Line

Ø  Govt infuses Rs 13,955 cr capital into 8 PSU banks

Ø  Foreign owned assets in India rise to $891.5 bn

Ø  Dabhol power project to be split to revive plant

Ø  Investors pull $40 bn from emerging market assets in Q3: IIF

Ø  NBFC-MFIs chargeable interest rate fixed at 9.82% for December quarter

Ø  Government should allow FDI in e-commerce retail trading: Report

Ø  April-Aug fiscal deficit at 66.5% of Budget estimate

Ø  India gets 14% lower rainfall in June-Sept monsoon season

Ø  RCom to offer 4G with Jio partnership

Ø  GSK Pharma completes acquisition of Novartis vaccines business

Ø  Govt expects call drop issue to be resolved by Oct-end

Ø  Maharashtra raises VAT on cigarettes, liquor, petrol, diesel, gold

Ø   Infrastructure sector growth slows down to 2.6% in August

Ø  Foreign firms to breathe easy as Govt stands by MAT promise

Ø  S&P cuts Tata Motors rating on China jitters

Ø  Govt to join Cairn tax arbitration; to appoint arbitrator soon

Ø  Natural gas price slashed by 16% to $4.24/unit

Ø  Steel dumping: safeguard duty is no solution, says CII chief 

Ø  Softness in global economy to extend into 2016, says IMF chief

Ø  India jumps 16 places in WEF competitiveness ranking

Ø  Jaiprakash Associates to sell wind power plants in Maharashtra, Gujarat

Ø  HCL Tech revenue warning should curb irrational expectations

Ø  Ratnagiri Gas to split LNG, Power businesses for restart

Ø  State lenders Axis Bank, PNB, BoB, OBC cut base rate by up to 0.40%

Ø  Toyota Motor clocks 11 pct growth in Jan-Sept 2015

Ø  Fitch lowers GDP forecast to 7.5 pct for 2015-16

Ø  Godrej Properties sells Mumbai office space to Abbott for Rs 1,480 cr

Ø  Sensex closes 376 points up on upbeat global cues, Nifty at 7,949

Ø  Gas price cut to $3.82; will dent govt revenues by Rs 800 cr

Ø  Govt accounts show Rs 15,808 cr surplus

Ø  Nippon Life to hike stake in life insurance, MF biz: Ambani

Ø  Tax-free bonds witness price spike on bourses

Ø  Rajan says not running for IMF chief's job: Report

Ø  Pharma, tech funds top equity fund mart in Sept

Tuesday, September 22, 2015

Business Line

Business Line

Ø  Ricoh looking at Digital India projects to drive revenue growth

Ø  Air India inaugurates Airbus A-320 training for external pilots

Ø  After 10 years, MakeMyTrip turns to hotels, packages to drive growth

Ø  Defamation suit against website: HC stays Rs. 50-lakh penalty on NSE  

 

Ø  Google aims to make India a hub for app development

Ø  Amtek Auto fails to meet bond redemption deadline

Ø  Aditya Birla Minerals to sell Australia copper mine to Lighthouse Minerals

Ø  Power Grid gets shareholders nod to raise Rs14,000 crore in FY17

Ø  OVL chasing $712 million in dues from foreign govts

Friday, September 18, 2015

Business Line

Business Line

Mint
Ø  US current account narrows sharply in second quarter

Ø  Private equity deals worth $1.7 bn sealed in August: Thornton

Ø  CAD to be around 1.5% of GDP this fiscal: RBI

Ø  Emerging markets with limited forex at higher risk to US rate hike: Moody’s

Ø  Govt may raise cap on equity investments by state PF to 15%

Ø  Labourers clash at RIL colony in Jamnagar

Ø  ONGC expects a correction in oil prices

Ø  SABMiller and AB InBev merger likely to lift spirits at India units

Ø  Blackstone buys Serco’s India BPO operations for Rs2,558 crore

Ø  Sun Pharmaceutical eyes InSite Vision’s research portfolio

Ø  Mahindra Auto Steel opens new factory near Pune

Wednesday, September 16, 2015

Economic Times

Economic Times

 

Business Standard

Ø  RBI base rate calculation norms may help monetary policy: ICRA

Ø  Govt to pump Rs 70,000 cr in replacing old power units

Ø  9 biggest banks to form blockchain partnership

Ø  Advance tax from steel, banking sectors registers fall

Ø  Trade data: Exports fall 20.7 per cent y/y in August 

Ø  Fed meets, decision on rate hike seems like a toss-up

Ø  SFIO probes fund diversions by Kingfisher Airlines

 

Ø  Tata front runner for GE Capital's stake in SBI Cards

Ø  China falls drag world stocks back into red

Ø  India's FX reserves loss in August fourth highest among EMs

Ø  Everstone closes its third private equity fund at $730 million

Ø  Suvidhaa acquires mobile PoS platform AasaanPay

Ø  ONGC to complete 12 projects worth Rs 13K cr by May 2016

Ø  Orchid Pharma to convert rupee term loans to foreign currency loans

Business Line

 

Mint

Ø  To check bad loans, RBI for cap on lenders in a consortium

Ø  Industry body urges Centre to re-define MSMEs

Ø  Fertiliser cos see good sales growth in Kharif season

Ø  Corporate agents can now sell policies of up to 3 insurers

Ø  Modi asks Sri Lankan PM to support Indian investments in infra, energy 

Ø  Biocon opens new facility to make insulin devices in India

 

Ø  NPAs grew faster than bank credit during 2011-15: RBI

Ø  Infosys to announce Q2 results on 12 October

Ø  Sebi asks MFs to explain corporate bond investments

Ø  IDFC Alternatives to buy operational road projects

Ø  Finance ministry falls short on promised contribution to EPS

Ø  India acquiring energy assets through the oil price roller coaster

Financial Express

 

Financial Chronicle

Ø  Sensex ends 151 pts down on caution ahead of US Fed meet, Nifty settles at 7,829

Ø  Expecting quick reforms in India unrealistic: US official

Ø  Reliance Jio launches unlimited free wi-fi at select places in Mumbai

Ø  Govt cuts import tariff on gold, silver

Ø  India home to 1.98 lakh millionaires; 11th largest globally

 

Ø  Govt looks to settle `3L cr combined discom debts

Ø  Vedanta-Cairn India merger gets go ahead from bourses

Ø  ING merger will boost Kotak Life’s bancassurance business

Ø  IOC to invest Rs 1.75 trillion over 7 years

Ø  TAM acquires Thai electronics brand Abaz World

Ø  FIs allowed to invest through partly paid share

Tuesday, August 11, 2015

Economic Times

Economic Times

Business Standard
Ø  Govt may not link gold monetisation scheme with CRR

Ø  Govt to announce new gas price formula: Oil Minister

Ø  Government approves 17,000-crore highways upgradation projects

Ø  Rlys arm to issue Rs 6,000 cr tax-free bonds

Ø  Govt bonds over-subscribed; FIIs pump in Rs 974 cr

Ø  Foxconn's decision to invest in India ruffles Chinese media

Ø  ABD calls off buyout talks with Tilaknagar Industries


Ø  Govt lists GST Bill for passage in Rajya Sabha today

Ø  Centre set to seek Rs 426 cr in damages from Nestle

Ø  Asset quality pressures to continue for a few more quarters

Ø  RBI intervenes more through forwards in foreign exchange market

Ø  Indonesia urges US Fed to hurry up and raise interest rates

Ø  Back to the future: Nokia prepares for mobile comeback

Ø  Govt caps kerosene subsidy at Rs 12/ltr, LPG at Rs 18/kg

Business Line

Mint
Ø  Greece, creditors ‘close’ to deal on third bailout

Ø  Poland woos Indian firms to set up manufacturing facilities

Ø  Vedanta resumes mining operations in Goa after 3 years

Ø  Persuading States for single tax structure on bio-fuels: Oil Min

Ø  State Bank, Sun Pharma, Tata Steel results today

Ø  Chambal Fertilisers’ net jumps 81% on higher sales


Ø  Wockhardt’s profitability rises in Q1 but US FDA’s go-ahead remains critical

Ø  Shapoorji Pallonji raises Rs.2,610 crore in largest infra refinancing deal

Ø  Videocon to roll out 4G mobile services by year end

Ø  Lanco lenders to acquire Teesta Hydro Power by converting debt to equity

Ø  J&K Bank Q1 profit rises 22%

Financial Express

Financial Chronicle
Ø  Sensex ends 135 points on GST worries, ONGC top loser

Ø  Recovery in corporate earnings several quarters away

Ø  Airtel reduces prices for new broadband customers by up to 30%

Ø  Adani Ports Q1 net profit up 13 per cent at Rs 641 crores


Ø  FPIs go slow on corp bonds, await gilt limit hike

Ø  Gujarat's all 4 discoms get A+ rating for 2013-14

Ø  Sadbhav Engineering bags Rs 1,557-cr projects from NHAI

Ø  Japan marks biggest H1 gain in current account surplus since 2010

Ø  New premium gas pricing policy for deepwater blocks soon

Friday, August 7, 2015

Business Line

Economic Times

Business Standard
Ø  Fin ministry to seek cabinet nod for monetary policy panel

Ø  Govt working on new coal scheme to aid sick discoms

Ø  Sebi seeks to step up scrutiny of  managers: Sources

Ø  China has spent $147 bn to prop up stocks: Goldman

Ø  Govt approves proposal to divest NTPC, NHPC stake

Ø  Govt to set up special notified zone for diamond trade

Ø  Crisil downgrades Vedanta by one notch to 'AA'

Ø  Commerce Ministry allows bulk export of rice bran oil

Ø  Private players cry foul over 'unfair' project allotment to BHEL

Ø  EPFO makes stock market debut through SBI MF

Ø  Reserving mines for OMC to hurt mineral development: Experts

Ø  Airtel launches 4G services nationally ahead of Jio

Ø  ADAG, Maharashtra govt set for a showdown over Mumbai Metro

Ø  Odisha govt to engage SBI Caps, MSTC for mine auctions

Ø  Srei Infra plans to scale up acquisition of stressed infra projects

Business Line

Mint
Ø  NSE lists SBI MF’s Nifty ETF for trade

Ø  Mozambique eager to build cooperation in agriculture, infrastructure

Ø  Lok Sabha passes Negotiable Instruments (amendment) Bill

Ø  RBS raises $3.1 billion through issue of contingent convertible bonds

Ø  Another blow for Adani in Australia as bank ends adviser role

Ø  Motherson Sumi net profit jumps 62%

Ø  Aviva Investors opposes Vedanta takeover bid for Cairn India

Ø  Oil trades close to multi-month lows, Brent below $50

Ø  US Fed rate hike in sight, but bond markets are quiet

Ø  Dr. Reddy’s plans more R&D alliances with foreign firms

Ø  Jharkhand govt stalls Tata Steel’s iron ore disptaches from Noamundi mine

Ø  Practo raises $90 million from China’s Tencent, others

Financial Express

Financial Chronicle
Ø  Nomura pegs GDP growth at 8% in FY16; Sensex at 33,500 by December

Ø  India defers FTA talks after EU bans 700 pharma products of GVK Bio

Ø  FIIs trim stake in 41 Nifty stocks

Ø  Jet Airways chairman pitches for reducing aviation fuel prices

Ø  SRF Records 22% Jump in Consolidated PAT at Rs.113 Crore

Ø  Rolta bags $15 mn smartcity project in Middle East

Ø  Govt mulls surplus sugar export via barter trade

Ø  Aviva to hike stake to 49 pc in Indian insurance JV

Ø  Govt capital infusion in PSBs credit positive: Moody's

Ø  IRDAI to announce bancassurance norms in three weeks

Ø  Bajaj Electricals net rises over three-fold at Rs 20.34 crore

Ø  Tata Global Beverages reports lower profit