2015年2月5日 星期四

2015-02-06 India Business


Firstpost
   
Cheated by 'forged letter' by Mirach, will initiate legal action, says Sahara   
Firstpost
New Delhi: Crisis-hit Sahara today said it has been cheated by US-based Mirach Capital with a "forged letter" of USD 2 billion funding through Bank of America -- a major blow to the group's fund-raising efforts to secure bail for its chief Subrata Roy. Stung by ...

Sahara declares war on Roy's aid Mirach Capital Group   Business Today
India's Sahara says bank letter underpinning rescue deal was forged   Reuters
Deal to secure bail for Sahara chief mired in cloud   Business Standard
Hindustan Times   
Times of India   
Calcutta Telegraph   
all 91 news articles »   


Firstpost
   
Alibaba picks up 25% stake in Paytm to enter India's mCommerce space   
Firstpost
New Delhi: China's leading online financial services company Ant Financial Services Group has entered into a strategic partnership with One97 Communications, which runs Paytm, India's largest mobile payment and commerce platform through which the ...

Mother of Jack Ma's Fund Partner Becomes Billionaire With Alipay   Bloomberg
Alibaba enters India's e-commerce space with 25% stake in Paytm owner One97   Economic Times
World's biggest Ecommerce firm Alibaba enter in Indian Market   onlineindiannews
Hindustan Times   
Calcutta Telegraph   
Livemint   
all 73 news articles »   


Moneycontrol.com
   
Tata Motors, Tata Steel, Bharti Airtel in Focus Today   
NDTV
Indian stock markets, which have fallen for five straight days, are likely to open with a negative bias on Friday. Domestic investors turned net buyers of Indian equities on Thursday after a long time as they bought shares worth Rs. 326 crore net in the cash ...

Pre Market: Tata group shares, Infosys, Bharti Airtel in focus   Business Standard
Sensex falls for 5th day, ends at two-week low on late selling   Bharat Press
Markets end flat amid volatility; Tata Power slumps 7.5%   Kasmir Monitor
Nasdaq   
all 12 news articles »   


Firstpost
   
Online bill payment service FreeCharge gets $80 mn in fresh funding   
Firstpost
Indian firm FreeCharge, inventor of an online mobile phone and utilities bill payment service which is already backed by U.S. venture capital investor Sequoia Capital, said on Friday it has got a further $80 million in fresh funding from investors including ...

India's FreeCharge, Which Gives Users Coupons When They Pay Bills, Raises ...   TechCrunch
Online mobile recharge platform Freecharge raises $80 million from Valiant ...   Economic Times
FreeCharge's latest round raises Rs 505cr   Times of India

all 7 news articles »   


Firstpost
   
Govt may scrap dividend distribution tax   
Hindu Business Line
The government is considering scrapping a dividend distribution tax in its annual Budget this month, as part of efforts to boost investor sentiment, Bloomberg Television reported on Thursday, citing unnamed sources. Indian companies are liable for additional ...

Government mulls scrapping dividend tax: Reports   Economic Times
Govt mulls scrapping dividend distribution tax: Report   Business Today

all 20 news articles »   


Livemint
   
Iron Ore Seen Below $40 by Andy Xie as China Steel Demand Drops   
Bloomberg
(Bloomberg) -- Iron ore will slump into the $30s a metric ton this year as low-cost supplies rise and steel demand in China shrinks, according to Andy Xie, a Shanghai-based independent economist who's forecast a rout for years. “When it peaked at $190, ...

JSW Steel slashes capex by 20 per cent for FY15 to Rs 6000 crore   Economic Times
Raise Iron Ore Output, Govt tells Mine Owners   The New Indian Express
CISA: iron ore prices to average $70 a tonne in 2015   CCTV
MINING.com   
Times of India   
Firstpost   
all 44 news articles »   


NDTV
   
Dow Climbs 212 Points as Energy Stocks Rebound   
NDTV
New York: U.S. stocks climbed on Thursday as energy shares bounced with oil prices, while news Pfizer would buy Hospira in a massive deal further boosted the market. The S&P energy index jumped 1.5 per cent as oil prices rebounded sharply from a rout ...

With Hospira, Pfizer Bets $15 Billion on New Type of Generics   New York Times
Pfizer's Hospira deal bets on price spike for specialty generics   Reuters
Pfizer to buy drugmaker Hospira for $15bn   Irish Independent
MassLive.com   
WKRB News   
Tribune-Review   
all 755 news articles »   


Coal ministry to meet prior allottees of 23 coal blocks over compensation, quality ...   
Economic Times
NEW DELHI: The government has called a meeting of companies that owned coal mines that were cancelled, amid mounting concerns over a spate of legal challenges principally related to compensation to the previous mine-owners and disputes over the ...


and more »   


Economy Lead
   
ADB President Takehiko Nakao lauds PM Modi's effort to roll out red carpet for ...   
Economic Times
NEW DELHI: Asian Development Bank president Takehiko Nakao commended India for opening up on Thursday, saying the Narendra Modi government is delivering on the Prime Minister's promise to turn red tape into a red carpet for investors. On his ...

Reform ordinances should be replaced by permanent laws to woo investors ...   Business Standard
Focus on building inclusive, green cities, says ADB President   Hindu Business Line
Modi wants ADB to take up railway sector, make 'impact'   DeshGujarat
Press Trust of India   
Indiainfoline   
NetIndian   
all 23 news articles »   


Tax net: Foreign portfolio investors caught in a bind   
Business Standard
The tax department has asked a number of foreign portfolio investors (FPIs) to make available their profit-and-loss (P&L) statements and balance sheets, though they are not required to do so in the normal course of filing returns. Typically, such statements are ...


and more »   

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