Thursday, July 13, 2023
Economic Times
Wednesday, October 28, 2015
Economic Times
Economic Times
Business Standard
Ø Sebi looks to revise rules for credit rating agencies
Ø Airtel sells 700 towers in Burkina Faso to Eaton
Ø RasGas contract to cost Petronet LNG Rs 10,000 cr
Ø India Inc's external borrowings down 32% at $2.6 bn
Ø Easier trade can push global exports $1tn pa: WTO
Ø 'India overtakes China, now biggest gold consumer'
Ø Maruti to pay royalty to Suzuki on new models in Re
Ø Govt plans to lower its stake IDBI Bank: Sinha
Ø India jumps 12 spots on World Bank's ease of doing biz list
Ø Tatas, Birlas, Ambanis take discount e-tailers head on
Ø Cairn-Vedanta merger deal not to be reworked
Ø Govt sets up panel to simplify Income Tax laws
Ø Railways receive Rs 2,000 cr assistance from LIC for projects
Ø Fitch withdraws IDFC's rating, reaffirms 'good credit quality'
Ø IndiGo IPO subscribed 86% on Day-1
Tuesday, October 27, 2015
Economic Times
Economic Times
Business Standard
Ø Sajjan Jindal plans JSW group ownership restructuring
Ø DoD: Disinvestment target to be down to Rs 30k cr
Ø WTO sees up to $3.6 trillion boost to trade from deal to cut red tape
Ø 'Nestle to resume Maggi sales in India next month'
Ø LIC and Indian Railways develop a bond worth Rs 2,000 cr
Ø 45% crop shortfall likely to keep dal prices high
Ø IndiGo's anchor book mops up Rs 832 crore
Ø India-Africa Forum Summit begins with an aim at stronger trade ties
Ø Govt likely to launch 3 gold schemes on November 5
Ø Nippon to acquire 23% stake in Reliance Life for Rs 2,500 cr
Ø Essar Projects-Saipem JV awarded KNPC's $1.6 billion EPC contract
Ø HFCL to start Chennai optical fibre plant from Nov 15
Monday, October 26, 2015
Economic Times
Economic Times
Business Standard
Ø IMF to include yuan in benchmark currency basket
Ø China banks seek more capital as bad loans pile up
Ø China growth rate may fall below 7%: Premier Li Keqiang
Ø Volkswagen may offer discounts to owners of cars with illicit software: Report
Ø UK nuclear deterrent to cost 167 billion pounds
Ø Sebi mulls mandatory 'Dividend Policy' for listed companies
Ø Modi govt plans to reward made-in-India innovations
Ø India's e-tail sees 3-fold growth in a year
Ø Bankers expect special audit report on Amtek Auto by next week
Ø Welspun Group eyes $5 bn revenue by 2020
Ø New energy norms for urea plants may save Rs 800 cr in subsidy
Ø Govt telcos in talks with pvt operators to share spectrum
Ø Henkel has option to invest in Jyothy
Ø Sept raises temperature of fuel sector
Tuesday, October 6, 2015
Economic Times
Economic Times
Business Standard
Ø Coal digger: India aims to start Asia's biggest coal mine in 5 yrs
Ø BoB investigating Rs 350-crore bill discounting fraud
Ø Ageing Chinese dragon makes way for India in top spot among EMs
Ø 'Private equity activity may hit record high in 2015'
Ø India, Lithuania agree to collaborate in agriculture sector
Ø Govt to spend Rs 70k crore on 12 major ports: Gadkari
Ø Government to soon decide Monetary Policy Committee structure: Shaktikanta Das
Ø Tax collections to fall 5-7% short of target
Ø Sebi probes JPMorgan's risk assessment system
Ø Indian GDP predicted at 7.5% in 2015-16: World Bank
Ø Germany offers 2 bn euros for clean energy corridor, solar projects
Ø RBI initiates corrective action on Indian Overseas Bank
Ø US scraps discriminatory outsourcing fee on Indian firms
Ø Educomp sells entire stake in Wiz Learn Technology
Ø NMDC cuts iron ore price by 12% for October
Business Line
Mint
Ø ‘No dumping levy’ between provisional, final orders
Ø Cabinet monitoring has fast-tracked projects worth $112 b, says Minister
Ø Crisil downgrades debt worth Rs 2.4 lakh cr in H1 FY16
Ø Gas price cut will hit investments in new reserves: Moody’s
Ø ‘India’s poverty rate lowest among nations with poor population’
Ø HDFC home loans get cheaper as lender cuts benchmark rate
Ø OECD reveals plan for tax clampdown on multinationals
Ø Method of computing GDP deflator misleading: RBI
Ø Sun Pharma settles US patent litigation with Actavis over skin care drug
Ø September quarter corporate earnings may disappoint
Financial Express
Financial Chronicle
Ø Sensex ends 565 points up at 26,785, Nifty settles at 8,119;
Ø Govt raises import duty on ghee, butter to 40%
Ø Black money disclosure: Govt revises amount higher at Rs 4147 cr
Ø 'Motherson Sumi expects revenue growth at CAGR of 24-25% in next 5 years'
Ø Alstom bags Lucknow Metro contract worth Rs 1,100 crore
Tuesday, September 22, 2015
Economic Times
Economic Times
Business Standard
Ø Infy bags Rs 1,320cr contract to build GST Network
Ø India's Ashok Leyland plans to list financing arm
Ø Oil prices up 2 per cent after US drilling falls
Ø Enhanced southwest monsoon to bring good rains: IMD
Ø Adani eyes 20% growth in Rs 20K crore agro biz
Ø Declare foreign asset by September 30 or face consequences: Finance Ministry
Ø Bain Capital acquires 10% stake in L&T Fin for Rs 1370 cr
Ø LIC big market player, not only to bailout divestment: FM
Ø Call drop issue: Bharti Airtel moves all prepaid users to per-second plan
Ø Govt considers FDI cap hike in DTH, cable networks; Dish TV up 4.5%
Ø Godrej & Boyce aims at Rs 10,000 cr turnover this year
Ø Corporate tax exemptions phase-out may end MAT
Monday, September 21, 2015
Economic Times
Economic Times
Business Standard
Ø Resolution of pending tax disputes in works: FM
Ø Better return on investment in India: FM
Ø Companies Act to be fully implemented by Mar 2016
Ø India's merchandise exports slide as commodity prices dip
Ø BPCL set to start work on Rs 5k-cr complex in Kochi
Ø Govt examining oil cos' demand to lower cess
Ø Ambanis unite against GSM rivals' proposals to DoT
Ø PSUs' capex down 24% in 2014-15
Ø Petrol, diesel contribute Rs 30,000 cr addl excise in Apr-Aug
Ø Rates should come down, but RBI final authority: Jaitley
Ø BSE eyes 10 times faster trading speed in next few months
Ø SFIO report on Kingfisher Airlines at least 6 months away
Ø Govt may raise FDI cap to 100% in DTH, cable networks
Ø PowerGrid to set up lines to link solar parks with ISTS
Business Line
Mint
Ø Steel makers build case for anti-dumping duties on imports
Ø Jaitley seeks foreign investments for infra, other sectors
Ø Registered research analysts rises to 121 as of July: SEBI
Ø Stanchart revises FY16 CAD forecast to 1.5% of GDP
Ø Fortis to use drones to transport organs
Ø Xander to acquire distressed assets
Ø Bad loans: IDFC gets RBI nod for using Rs.2,500 cr reserve as provision
Ø Sun Pharma sells Ranbaxy divisions to Strides Arcolab for Rs165 crore
Ø Govt policy on spectrum trading, sharing could boost service quality
Ø DLF to open Rs300-crore Emporio Mall in Delhi by May 2016
Ø NTPC gets shareholders nod to raise Rs.5,000 cr
Financial Express
Financial Chronicle
Ø Sebi widens black money probe; offshore arbitrage under regulator's lens
Ø Delhi power gencos charging 50% more than the NTPC’s rate: Tata Power
Ø In real distress, developers join forces to get projects off ground
Ø Top 10 BSE Sensex companies add Rs 74,521 cr in market cap
Ø $4b Indian cyber security segment is expected to grow
Ø A divided Fed pits world's woes against domestic growth
Ø India insulated from economic fallout, says Jaitley
Ø Top 10 Sensex cos add Rs 74,521 cr in market cap
Ø SBI expects less slippages, asset quality improvement
Friday, September 18, 2015
Economic Times
Economic Times
Business Standard
Ø Fed holds rates steady on global economic weakness
Ø India's ranking slips further in Global Innovation Index 2015
Ø Worries over global growth weigh as US Fed mulls rate hike
Ø US jobless claims at 8-week low; housing starts fall
Ø Emerging central banks step in to curb currency falls
Ø Government notifies miners contribution to District Mineral Foundation
Ø Pvt placement of debts doubled, capex remains limited
Ø Carrot & stick approach for sick power discoms
Ø Sustained low inflation to cut cost of capital: RBI deputy governor
Ø Hero Cycles acquires Firefox Bikes in all-cash transaction
Ø Govt will 'put to sleep' pending tax disputes: FM
Ø Commodity brokers urge Sebi to exempt transaction fee, charges
Ø BPCL may import Ethane from US for its petchem unit
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
Wednesday, August 5, 2015
Economic Business
Economic Times
Business Standard
Ø Rajan warns of action against banks hiding NPA nos
Ø Oil price unlikely to recover as Saudi refining hits market
Ø FSSAI-approved lab finds Maggi noodles safe
Ø Adani to announce JV worth $5 bn with Foxconn
Ø No decision yet on Cairn-Vedanta deal: UIICL
Ø I-T Dept searches 20 premises of Claris Lifesciences
Ø RBI leaves repo rate unchanged at 7.25%
Ø RBI, govt in talks on medium term framework for FPI limit in debt
Ø Klesch Group drops plans to buy out Tata Steel unit
Ø Coal imports drop by 11% to 19 MT tn in July
Ø UK takes 1 billion pounds hit in RBS sell-off
Ø AIG profit beats estimates, boosts buyback by $5 billion
Business Line
Mint
Ø RBI Governor bats for shifting veto power to monetary policy committee
Ø Bharti Airtel Q1 net up at Rs 1,554 cr
Ø US restores duty benefits to Indian exporters
Ø No plan to hike duty on petroleum products: Pradhan
Ø Over 3,500 tonnes plastic waste generated daily
Ø FinMin moves Cabinet note on gold monetisation scheme
Ø Govt may raise Rs40,000 crore via bonds from LIC
Ø Thomson re-entering India market after 11 years
Ø Sunteck Realty keen to buy distressed assets from rivals
Ø Jay Shree Tea to sell sugar and fertilizer businesses
Ø Sony to start manufacturing Bravia TVs in Tamil Nadu
Ø Birla in talks with PE firms to sell insulator unit
Financial Express
Financial Chronicle
Ø Monsoon, US Federal Reserve impact next trigger for rate cuts: Moody's
Ø Govt mulls selling 3 per cent stake in GAIL to raise Rs 1,800 crore
Ø Reliance MediaWorks concludes multiplex sale, debt cut by Rs 700 crore
Ø Steel shares jump on likely import duty hike
Ø Vedanta Resources bets on India for future growth
Ø Rajan links more easing to lower bank rates, monsoon, inflation
Ø RBI may cut interest rates before next policy: Rajan
Ø CCI charges SMTB with violating competition norms
Ø SC defers hearing, FIIs wait gets longer on MAT clarity
Ø China footwear biz shrinks, India gets a foot in the door
Ø Arcelor Mittal expects India to be active on M&A in steel, mine