Loans from SBI are expected to turn cheaper from this week by 30 basis pointsfrom Moneycontrol Business News https://ift.tt/2njnbeq
Monday, September 30, 2019
SBI to adopt repo rate as external benchmark from today
Loans from SBI are expected to turn cheaper from this week by 30 basis pointsfrom Moneycontrol Business News https://ift.tt/2njnbeq
Maruti Suzuki sales fall 24% to 1.22 lakh units in September, below analyst estimates
The company sold 1.22 lakh units in September 2019, falling 24.4 percent compared to 1.62 lakh units sold in same month last year, but the same increased by 15.2 percent compared to previous month due to low base.from Moneycontrol Business News https://ift.tt/2n94eLy
Natco Pharma gets EIR from USFDA for Hyderabad facility
In a BSE filing, Natco Pharma announced "successful closure of inspection" with the receipt of an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for the inspection conducted at its active pharmaceutical ingredient (API) facility in Mekaguda Village, near Hyderabad, India.from Moneycontrol Business News https://ift.tt/2niYPBw
MG Motor sells 2,608 units of Hector in September
With increased supplies from global and local component suppliers, the company is starting second shift operations from November and would be adding around 500 people to its direct payroll to support the second shift operations, MG Motor said in a statement.from Moneycontrol Business News https://ift.tt/2oIqFHB
Bajaj Auto September sales miss expectations, fall 20% to 4.02 lakh units
Bajaj Auto#39;s domestic sales dropped 31 percent year-on-year to 2.15 lakh units and exports slipped 2 percent to 1.86 lakh units in the month gone by.from Moneycontrol Business News https://ift.tt/2n9qu82
Morning Podcast: Let's talk business & markets
Tune in now! Your daily digest of market news, views and cues.
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Airtel deploys 100 hops of Huawei#39;s 5G technology
Huawei has claimed that the transmission equipment meant for backhaul network that could transmit data on up to 1 gigabit per second (Gbps) speed with 28 megahertz of radiowaves to connect one mobile tower with another.from Moneycontrol Business News https://ift.tt/2ngGjJS
PMC bank saw massive cash withdrawals before RBI clamp down
This massive fund erosion began after some of these large depositors reportedly got a whiff of the whistleblower, reportedly a board member, leak to the regulator, which finally undid the bank on September 23, the sources added.from Moneycontrol Business News https://ift.tt/2oKiAlH
Skoda rolls out Kodiaq Scout at Rs 34 lakh; to launch 6 more models by 2021
The six will include two new launches and a few upgrades as part of its plans to revive its fortunes in India.from Moneycontrol Business News https://www.moneycontrol.com/news/business/skoda-rolls-out-kodiaq-scout-at-rs-34-lakh-to-launch-6-more-models-by-2021_13032421.html
Here#39;s why SEBI is trying to boost MF AUM from B30 cities
As of August 2019, 15 percent or Rs 3.99 lakh crore of industry’s assets came from B30 locations.from Moneycontrol Business News https://ift.tt/2oBy0sB
IndiGrid reduces trading lot size by two-thirds to 1,701 units
SEBI required stock exchanges (NSE and BSE) to implement this reduction in lot size in consultation with the publicly offered InvITs and REITs within 6 months, the statement added.from Moneycontrol Business News https://ift.tt/2n2UDpn
SEBI settles insider trading case in Sabero Organics matter for Rs 1 crore
SEBI, during an investigation between May-June 2011, noted that Coromandel, after a meeting with the representatives of Sabero Organics, informed the bourses about the acquisition of the latter by it.from Moneycontrol Business News https://ift.tt/2miQBcb
APTEL approves acquisition of Prayagraj power project by Tata Power JV
APTEL has upheld approval granted for transfer of 75.01 percent ownership of Prayagraj power project to Renascent Venture but without any reduction of adopted tariff, the company said in a statement.from Moneycontrol Business News https://ift.tt/2n223sX
Kalpataru Power Transmission bags orders worth Rs 775 crore
According to a company statement, KPTL and its international subsidiary have secured the orders from the government and private clients.from Moneycontrol Business News https://ift.tt/2mT3Alc
IRCTC is an extraordinarily good IPO, says Ramesh Damani
“The government had to act decisively because there was an absolute sense of pessimism and #39;given up#39; feeling, which has gone," Damani said.from Moneycontrol Market Outlook https://ift.tt/2mkSMMo
Lodha Group to invest Rs 2,500 cr on three affordable housing projects in Mumbai region
These three projects -- located at Thane, Bhiwandi and Taloja -- will be launched this financial year under a separate brand #39;Crown#39;, he said.from Moneycontrol Business News https://ift.tt/2nSurxW
Clix Capital raises $40 million from existing investors
The company is targeting a loan book of Rs 5,500-6,000 crore by the end of the current fiscal as compared to Rs 5,000 crore currently, Clix Capital Services said in a statement.from Moneycontrol Business News https://ift.tt/2oA8PGT
SBI becomes first Indian bank to have an office in Australia#39;s Victoria
The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state#39;s 10-year India Strategy – our shared future, according to a press release.from Moneycontrol Business News https://ift.tt/2mP84cx
10 things you should know about the fee hike for an M.Tech degree in IITs
The fees will be increased to Rs 2 lakh gradually from the Rs 20,000 being charged at presentfrom Moneycontrol Business News https://ift.tt/2nLQOVJ
Glenmark gets Russian health ministry#39;s nod to market allergic rhinitis tablets
"Russia is one of the key markets for us and we are consistently looking to expand our product portfolio," Glenmark Pharmaceuticals Senior Vice President and Head - Asia, Russia and CIS region Csaba Kantor said.from Moneycontrol Business News https://ift.tt/2oxcxB4
Amazon, Flipkart make record first-day festive sales in India
Flipkart and Amazon began their flagship annual sales on Saturday, with both vying for customers during the October-December festive season when Indians make most of their big-ticket purchases.from Moneycontrol Business News https://ift.tt/2nL1h3J
SBI becomes first Indian bank to have office in Australia#39;s Victoria
The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state#39;s 10-year India Strategy – our shared future, according to a press release.from Moneycontrol Business News https://ift.tt/2mgiQIv
Ranitidine controversy: Which Indian pharma companies stand to lose?
NULLfrom Moneycontrol Business News https://ift.tt/2nRJ8ks
Govt may soon share live status of infrastructure projects
The government intends to invest Rs 100 lakh crore in the listed projects by 2024-25from Moneycontrol Business News https://ift.tt/2oxTLJR
SEBI eases norms to allow smart cities raise funds through #39;Muni Bonds#39;
The decision comes after the board of Securities and Exchange Board of India approved norms in this regard in August.from Moneycontrol Business News https://ift.tt/2ooCAKu
Maruti Suzuki launches S-Presso at Rs 3.69 lakh, pitted against the Renault Kwid
Developed largely in-house at the Rohtak engineering centre in Haryana over last three years the S-Presso is pitted against the Renault Kwidfrom Moneycontrol Business News https://ift.tt/2nPjnkQ
In Pics: Maruti Suzuki S-Presso, price, engine, features, bookings, variants, launch details
Here are all the details of the Maruti Suzuki S-Presso, the latest launch by the market leaderfrom Moneycontrol Business News https://ift.tt/2nM6RTh
Sunday, September 29, 2019
Hyundai-Kia investment in Ola runs into CCI hurdle
While absence of paperwork is the ostensible reason for the application running into trouble, sources said CCI is concerned about the competitive impact of car companies investing in ride-hailing appsfrom Moneycontrol Business News https://ift.tt/2nOXToc
Global third-quarter MA sinks to three-year low amid US-China trade war fears
Concerns that the trade war between the United States and China has plunged global economic growth to its lowest levels in a decade weighed on dealmaking, even as debt financing for acquisitions remained cheap and equity markets stayed robust.from Moneycontrol Business News https://ift.tt/2mejFS7
IRCTC IPO: A gem available at a discount
NULLfrom Moneycontrol Business News https://ift.tt/2maeFxI
Podcast: All the news you need to start your day
Tune in! Your daily digest of markets news, views and cues.
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JSPL aims to reduce net debt to below Rs 30K crore in next 2 years
Jindal said, though there is slowdown, the company is comfortably placed in the market with value added and niche products. The company would be more aggressive in marketing its products and would continue to look to divest the non-core assets, to reduce debt to the target level, he added.from Moneycontrol Business News https://ift.tt/2onTKbi
In a first, Reliance Communications AGM to be chaired by resolution professional on September 30
Companies in the diversified group will be holding their annual general meetings (AGMs) in the financial capital.from Moneycontrol Business News https://ift.tt/2m2DFXA
Coal unions meet on September 30 to decide next course of action
All coal sector trade unions had called a strike against the Centre#39;s decision to allow 100 percent FDI in coal mining.from Moneycontrol Business News https://ift.tt/2nJ4IaQ
Consumer durable firms look forward to festive season for sales revival
Although, the industry is struggling for growth in some segments like TV panels, manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact on sales.from Moneycontrol Business News https://ift.tt/2nBMsAh
Saudi Arabia to invest $100 billion in India
Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an an attractive investment destination for Saudi Arabia and it is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining.from Moneycontrol Business News https://ift.tt/2ojIZXm
South Korea#39;s POSCO continues exploring JV possibility with RINL in Visakhapatnam
The South Korean steel major is looking to set up a joint venture with RINL in Visakhapatnam for manufacturing of value-added special grade of steel.from Moneycontrol Business News https://ift.tt/2opBiz5
Onion price rise: Mother Dairy sells 5,000 tonnes produce at cheaper rate so far in Delhi-NCR
Mother Dairy#39;s fruit and vegetable arm Safal has 400 retail outlets in Delhi, Noida, Ghaziabad, Faridabad and Gurgaon.from Moneycontrol Business News https://ift.tt/2nJ6aKk
Why Biocon#39;s 10 cents insulin offer could be a game changer in fighting diabetes
Currently, blended median patient prices in LMICs are $9 per 10 ml vial translating to 36 US cents per dayfrom Moneycontrol Business News https://ift.tt/2nDZZHG
Govt to set up working group on proposed new industrial policy
It was proposed that the new policy would aim at making India a manufacturing hub by promoting Make in India.from Moneycontrol Business News https://ift.tt/2nEom80
SEBI takes guard against security threats, plans to hire agency
Over the past few years, the regulator has been betting big on technology to address and handle challenges arising out of technological advancements in the markets.from Moneycontrol Business News https://ift.tt/2mHZhZV
PM#39;s speech at UNGA #39;belie#39; Centre#39;s actions in JK: NC
Addressing the 74th session of the UN General Assembly, the Prime Minister exhorted the international community to stand united against terrorismfrom Moneycontrol Business News https://ift.tt/2m2ExeO
Nadda has come from the jungle, can#39;t see development in Bengal: TMC
Senior TMC leader Firhad Hakim wondered why Nadda did not see jungle raj at the Centre as faulty policies of the BJP government has led to the weakening of the economy and job losses across the country.from Moneycontrol Business News https://ift.tt/2mUHX3R
#39;Upside seems capped around 11,700-11,800; midcaps rally won#39;t be broad-based like 2017#39;
Slowdown in overall economy and corporate governance issues in certain companies has somewhat restricted the outperformance of midcaps versus frontlinersfrom Moneycontrol Market Outlook https://ift.tt/2mSKLOL
Saturday, September 28, 2019
Apollo Hospitals gets shareholders#39; approval to raise up to Rs 500 cr via NCDs
Nod to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on private placement basis.from Moneycontrol Business News https://ift.tt/2nuy1xI
No talks with Pak unless it acts against terrorism: Meghwal
Union Minister Arjun Ram Meghwal on September 27 said there cannot be any talks with Pakistan unless it acts against terrorism.from Moneycontrol Business News https://ift.tt/2nrKyCb
Yogi interacts with Kashmiri students, talks of dialogue and democracy
NULLfrom Moneycontrol Business News https://ift.tt/2mBL00v
Do you try to buy low and sell high? Here’s why it may not be a smart strategy
Investors who try to time the market may be indulging in an exercise that may be only mildly rewarding at best, and futile at worst.from Moneycontrol Business News https://www.moneycontrol.com/news/business/do-you-try-to-buy-lowsell-high-here’sit-may-not-besmart-strategy_13027921.html
SoftBank bet Billions on disruptive companies. Many have not paid off.
For example, SoftBank and the Vision Fund now face the prospect of harsh write-downs on some of their investments. WeWork and its advisers considered selling shares in its public offering at a valuation as low as $15 billion, well below the $47 billion valuation at which SoftBank last invested in the company in January.from Moneycontrol Business News https://ift.tt/2lW39WK
Major PSUs have pledged Rs 50,000 crore of capex in Oct-Dec: Nirmala Sitharaman
Sitharaman added that PSUs would review post-arbitration claims without compromising the companies’ interests.from Moneycontrol Business News https://ift.tt/2lQe0RR
It#39;s War at the box office: Bollywood sees 20% upswing in 2019, last quarter to grab Rs 1,200 crore
The upswing of the box office clearly shows that audiences are coming to the theatres in throngs. Small-budget films are working, and Hollywood is also in top gear.from Moneycontrol Business News https://ift.tt/2o7sf5P
Reliance Cap sells 21.54% RNAM stake to Nippon Life Insurance for Rs 3,030 crore
The entire RNAM stake monetisation proceeds of Rs 6,200 crore will be utilised to reduce Reliance Capital#39;s outstanding debt obligations.from Moneycontrol Business News https://ift.tt/2ntjNgU
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The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020...
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Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
