Categories: Uncategorized

Evening News Round Up 13- Nov:

*In early stages of biz cycle turn; FY16 GDP at 6.8%: Nomura

*India may see further earnings upgrade in 2015: JPMorgan

*India flow tide has turned decisively: Citi

*See 25 bps rate cut in Feb; moderate IIP growth: CARE

*Hindalco Q2 PAT slips 78% to Rs 78.7 cr on exceptional loss

*Dishman Pharma consolidated net dips 21% in Q2

*Sun Pharma Q2 net up 15% at Rs 1,572 cr

*Bajaj Electricals Q2 net loss at Rs 14.21 crore

*Fortis Q2 net loss at Rs 58 crore; CEO’s resignation accepted

*Hinduja Global’s Q2 net down 10.5% at Rs 38.5 crore

*IOC Q2 net loss Rs 898 cr; sales flat at Rs 1.11 lk cr

*Whirlpool at record high, up 20% on ambitious growth plans

*Philippines assures India on inking FTA very soon

*CIDCO pores over 200-yr-old land records to challenge HC’s compensation order

*Employability of graduates big concern, says FICCI-EY report

*H2 may be as strong as H1; may undertake price hikes: UB

*Oil Min grapples with payment options for RIL’s KG-D6 gas

*Adani steps up Australia coal plans ahead of Modi visit

*Aim to raise IP-led solutions to over 50% in 2 years: Rolta

*Coal Min likely to award coal blocks by Feb 28: Sources

*Brent falls to around $80; OPEC expects lower demand in 2015

*Global gold demand near 5-year low in Q3, India overtakes China: WGC

*Govt hikes excise on petrol, diesel by Rs 1.50 per litre

*Reliance Infra cancels Mumbai Metro 2 concession agreement

*Sesa Sterlite to invest $782 mn for zinc deposits in Africa

*Markets snap 3-day winning streak; Sensex ends 68 pts down; HPCL, BPCL slip 4-6% on excise hike

*MFs invest Rs 32,000 crore in debt in October

*Oct gold imports surge to about 150 tonne: official

*India, US agree on food stockpiling, clear way for WTO deal

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