Categories: Uncategorized

Evening News Round-up 19-Aug:

*Monsoon remains a problem for Indian market: Macquarie

*India second most expensive Asian mkt, retain neutral: HSBC

*Reform newsflow to drive market in near term: BoAML

*No diesel loss hopes spike HPCL, BPCL, IOC; Goldman Sachs bullish

*Earnings to grow 20% compounded; bearish PSUs: Dron Capital

*Tata Motors domestic biz worth only Rs 20/share: Ambit

*Selective on midcaps; gas pricing a worry: Birla Sun Life

*Protesters storm Pak High Commission as Geelani reaches for talks

*Agriculture ministry to seek additional funds for marketing subsidy

*Govt working with WTO on TFA: Commerce Minister

*Govt mulling mining bill in Winter session to allow pvt players

*India hopeful of solution to food subsidy issue at WTO

 

*World Bank arm IFC to invest $21 million in SAMHI Hotels to promote jobs

*UK’s New Call Telecom plans $100m spend in India

*Samsung still tops market but Micromax fast catching up: IDC

*Danish Govt owned IFU picks up NCDs in Satin Creditcare Network

*BHP Billiton annual net profit up 23% to $13.83 billion

 

*United Spirits appoints Anand Kripalu to its board

*Volkswagen to make diesel engines locally

*Snapdeal to help sellers get easy access to working capital

*Setback to OilMin: GAIL,CPCL refuse to comply with KG-D6 order

*2 JVs to be formed for revival of Talcher urea plant in Odisha

*NMDC may spend Rs 2,300 cr to up iron ore production in C’garh

*Adani Ports gains on Dharma Port expansion plan

*Bhushan Steel remains a ‘standard asset’: United Bank

*Sesa Sterlite up 4%, Goa govt to grant 27 mining leases

*Will pare debt to Rs 2300cr; prices to rise by 20%: HDIL

*Adani Ports up 3%, to expand DPCL’s capacity by 75 MT

*ONGC divestment by Sept-Oct; govt may hire bankers in Aug

*Aviation war sometime away; Air India a spoiler: Experts

*Tata Motors launches Zest in North to cash in on the lucrative market

* Arvind forays into e-commerce with custom clothing brand ‘Creyate’

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