Tuesday, 23 July 2013

NEWS WRAP - JULY 23, 2013

  • Low premium at SEBI auction shows FII interest may hinge on higher yields in next few weeks.
  • Government set to ease Foreign Retail Norms.
  • RBI tightens Gold Import Norms to squeeze Current Account Deficit.
  • Reliance Communications and Tata Tele ink 2G Intra-Circle Roaming arrangement.
  • Auctioned Coal Blocks may be sold only after output begins: Government.
  • Anil Ambani summoned to appear before CBI Court on July 26 for 2G Scam Case.
  • Reebok to open 100 Premium stores - REEBOK FIT HUBS by March next Year.
  • Indian Badminton League: Hyderabad bags Saina Nehwal for Rs. 65.28 Lakhs.
  • Wockhardt shares slump over 10% on United States Food and Drugs Administration (USFDA) Warning.
  • India Bulls Housing Finance to be listed on BSE and NSE today.
  • Private Equity Fund 'Sequoia' may invest Rs. 100 crore in Vini Cosmetics.
  • Competition Commission of India probes Gujarat Gas Company on saint Gobain Plaint.
  • Larsen and Turbo Q1 Net Profit dips 12.5% to Rs. 756 crore, shares plunged nearly to 8%.
  • Qatar Investment Authority (QIA) to invest $300 million in South India's largest Office Space Builder RMZ Corp, one of the largest Investment deals.
  • SEBI amended the Securities Contracts (Regulation) Rules, making it mandatory for all Listed Public Sector units to have at least 10% Public Holding by August 8.
  • UP, Bihar, Odisha and Jharkhand to get Rs. 200 crore push from Rural Employment Guarantee Act (MGNREGA) funds.
  • Earthquake hits China, at least 75 dead.
Source: Economic Times

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