IMPORTANT BUSINESS & ECONOMY NEWS FOR OCTOBER 29, 2013

IMPORTANT BUSINESS & ECONOMY NEWS FOR OCTOBER 29, 2013

 

Tata-Unitech Rs 1700 cr deal: I-T Dept gives clean chit to Tata Realty

RBI passes rupee recovery as impact of delay in Fed tapering

Sebi may allow cos to issue bonds with IPOs

India faces several growth challenges: RBI

'Sahara to hand over title deed of Rs 20k cr to SEBI'

India, China, S Africa sign MoUs on trade, investment

Tata Elxsi Q2 profit jumps 11-fold to Rs 19.9 crore

Wipro ranked leader in global R&D service provider survey

Maruti's Q2 profits get booster dose from sharp spike in margins

RBI's macroeconomic, monetary development report

FMC orders forensic audit of NSEL e-series contract

80:20 rule for gold imports may be relaxed

CBI begins scrutnising PMO file on coal block allocation to Hindalco

Germany demands apology from US over Merkel surveillance

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BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013

BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013

-Need for expert committee to review corporate governance norms: SCOPE
-Fed to hold its fire, wants clearer economic view
-Walmart resumes US lobbying on FDI in India
-India's participation in CHOGM will attract investments: Union Minister
-LIC buys scrips worth Rs 14,500 cr in 15 Sensex cos
-Coalgate: Rs 145k cr stuck on projs linked to blocks
-RBI may hike interest rate, MSF rate cut likely
-RBI policy, Fed moves & results to set market trend
-Vodafone India to invest Rs 4,000-6,000 cr annually
-NHPC to buy back govt shares, exchequer may get Rs 2K cr
-Coca-Cola committed to $5 bn investment in India
-LIC Nomura MF keen on acquisitions to fuel growth
-RBI queries applicants, regulators on new bank licences
-SBI invests in Equifax India, to get board seat in joint venture
-Crowdfunding, investment schemes promoted via social media under SEBI lens
-FIIs invest Rs 12K cr in stock market in Oct
-Spot pepper seen heading towards Rs 500/kg on tight supply
-Commexes turnover dive 60% in first half of Oct
-Petronet hires 4th LNG tanker from SCI-Japanese consortia
-Reliance Infrastructure plans to sell road projects to pare debt
-GAIL’s subsidy capped, Q2 profit down 7%
-Neyveli Lignite Sep quarter net falls 28% toRs.240 cr
-SpiceJet plans gradual global expansion
-Bharat Forge: overseas markets steal the show
-Market capitalisation: 8 bluechips lose Rs 45,061 cr in mkt valuation, ITC hit most
-Gold, silver prices jump on Diwali buying, global cues
-Jaypee pushes for new contract, wants to take F1 lap beyond 2016
-India needs Rs 1.63 lakh cr investment in healthcare by 2017: Report
-Double penalty on RIL to impact investment climate: Plan Panel
-UK regulatory curbs to cost Wockhardt £9 million in sales

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Business and Economy News for October 14, 2013

· Policy soon to facilitate entry of foreign banks: Rajan

· IMF chief warns against drastic US spending cuts

· Deutsche Bank pegs farm output at around 8%

· NSEL fiasco: FMC to order special audit of MCX

· Stalled PPP infrastructure projects likely to get a renegotiation

clause

· US headed toward 'dangerous moment': World Bank

· Tata Tele to seek promoter funding to bid for spectrum

· RIL thrashes expert report on KG-D6 output fall

· Results, inflation, US debt cap to set market trend

· Shutdown talks go to Senate as debt deadline nears

· UK-based Clarks Footwear to add 15 more stores

· Apollo Hospitals to invest Rs 2,000cr in 3 years, add 2,800 beds

· Rs 15K cr alumina project to come up near Mundra: Minister

· Brazil factors begin driving up global sugar prices

· Banks’ earnings likely to moderate in Q2, say analysts

· Govt ready to take difficult decisions to check deficit: FM

· A bad certificate for Wockhardt

· Eight of top 10 cos add Rs 57,934 cr in m-cap

· American firm Liberty to help OVL exploit Russian shale

reserves

· Obama, Pelosi say ‘clean’ bills needed for US debt ceiling,

restart

· Regulators oppose govt move on free foreign listing

· Apollo-Cooper deal price may increase over USW union trouble

· M&M’s Spanish venture eyes acquisitions in new regions

· No immediate plans to launch marketplace for Indian public:

Alibaba

· Bharti Airtel raises ISD rates up to 80 pct, Idea Cellular by 25 pct

· Wipro, HCL in race for Rs 1,500 cr India Posts devices project

· Idea Cellular gets unified licence for seven circles

· Indian healthcare IT market may zoom to USD 1,454 mn in

2018

· Govt, RBI on right track to address any Fed tapering

· Results, inflation, US debt cap to set stock market trend

· MFs' exposure to software stocks dips to Rs 20,284 cr

· FIIs pull out $1.2b from debt market in two weeks

· MFIs come back with transparent pricing, better data capturing

· Rubber prices to fall more on weak global demand

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Companies to be watched during trading by today: October 7, 2013

>>M&M to launch CNG variant of refreshed Bolero

　

>>Rajasthan crude: Cairn suggests swap route for better returns

　

>>Dabhol power plant may be rented out

　

>>Apollo Group of hospitals starts BP clinic

　

>>SAIL to complete Burnpur plant upgradation in 3 months

　

>>Titan act to revive Tata Ceramics’ fragile fortunes

　

>>JK Tyre ‘ahead’ of vehicle development curve

　

>>RIL says DGH shifting goalposts to strip off its discoveries

　

>>Seven blue-chips add Rs 34,875 cr in m-cap; TCS on top

　

>>7 new bank licences coming, says FM

　

>>Lanco's CDR bankers seek more information

　

>>JSW plans Chennai centre, to expand presence in auto steel

　

>>No replacement yet for Coal India independent directors

　

>>Projects worth Rs.15 trillion stalled for want of clearances

　

>>CIL's 5% follow on public offer likely to hit markets in Dec

　

>>Some NSEL brokers could face criminal charges, says EOW

　

>>Ranbaxy hunts for FDA ok ayes plants in India

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