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Tag: Market View NSE & BSE

Highlights of Union Tax Budget 2016

Introduction Growth of Economy accelerated to 7.6 per cent in 2015-16 Robust growth achieved despite very unfavorable global conditions and two consecutive years shortfall in monsoon by 13 per cent Foreign exchange reserves touched highest ever level of about 350 billion US dollars. Despite increased devolution to States by 55 per cent as a result […]

M & A News Round Up

* IDBI-led consortium in talks to sell over 38% in rating agency CARE for more than $140M. * Religare Global Asset Management to seed half a dozen new funds across different strategies, focus on Indian markets. * Germany’s TUV Rheinland Acquires Majority Stake In NIFE India. * Bangalore-based casual dining chain Empire looking to raise […]

Morning News Round Up

Ø Vodafone draws up plan to take on Bharti, Rel Jio. Ø ‘Decision on spectrum fees, M&A rules’. Ø FIPB to consider 17 FDI proposals on February 3. Ø Tech Mah bullish on hiring; headcount to cross 1-lakh soon. Ø Tata Motors MD Karl Slym passes away in a freak accident. Ø Flies in Ranbaxy […]

Merger & Acquisition News Round up

* Essel Finance’s realty fund invests $12M in Ariisto Realtors’ project. * GTI Capital infuses additional funds into Brattle Foods. * Aster DM Healthcare in talks to acquire hospitals in Mumbai, Bangalore and Hyderabad. * Aavishkaar backs organic textiles maker CAOS Apparels. * WestBridge, SAIF and Baring India up holdings in listed portfolio firms. * […]

Evening News Round up

*Dimensions sees pre-election rally; picks midcaps to buy. *India to weather bad days; cling to exports: Macquarie. *India story intact, investors reposing confidence: Sharma. *’India difficult place for biz, yet confident of progress’: Merck Serono. *AAPnomics is disastrous for India: Ajay Piramal. *Use selloff to hedge; bullish on US growth: John Woods. *US has reversed […]

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