Asian stocks held on to losses early Monday, even as a private survey of China’s mammoth manufacturing sector indicated factory activity fell for an eighth straight month in October, but at a slower pace
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Nifty likely to follow most Asian peers, open in red (02-11-2015)
Tata Motors sales grow 1% to 43,486 units in Oct (02-11-2015)
Domestic sales of its commercial and passenger vehicles, however, were flat at 38,917 units in the month. Its exports rose by 13 percent to 4,569 units in October this year from 4,059vehicles in October 2014, the company said in a statement.
Asian mkts mixed as China Caixin PMI falls for 8th month (02-11-2015)
Asian stocks held on to losses early Monday, even as a private survey of China’s mammoth manufacturing sector indicated factory activity fell for an eighth straight month in October, but at a slower pace.
US jobs data to hold key to Fed’s rate plans (01-11-2015)
An increase in Fed rates would have consequences well beyond US borders, increasing borrowing costs for dollar debtors in emerging and driving a global reallocation of investment money.
Ranking should have been much higher in World Bank index (01-11-2015)
A World Bank report on Tuesday ranked India at 130 out of 189 country on the ease of doing business, up 12 places from 142nd rank last year.
WEF to host ‘National Strategy Day on India’ (01-11-2015)
The nearly 300 participants for the event, titled ‘National Strategy Day on India’, would also include Road and Transport Minister Nitin Gadkari, Urban Development Minister Venkaiah Naidu, Minister of State for Finance Jayant Sinha, Power Minister Piyush Goyal and Food Processing Minister Harsimrat Kaur Badal.
BCCI unlikely to act on Sudhir Naik-Ravi Shastri row:Report (01-11-2015)
Naik had written a strongly-worded letter to the BCCI calling for action against Shastri and bowling coach Bharat Arun for abusive behaviour after match in Mumbai.
Air India mulling setting up aviation university (01-11-2015)
Air India already has a near-ready infrastructure and required faculty at its Centre Training Establishment (CTE) in Hyderabad, which can be converted into a full-fledged aviation university by upgrading the existing facility on minimum investment, airline sources told PTI.
Coffee Day to list shares on November 2 (01-11-2015)
Coffee Day Enterprises had fixed the issue price at Rs 328 per share for investors. The IPO, which was opened for subscription during October 14-16, was subscribed 1.64 times at price band of Rs 316-328 a share.
Canada pension fund ready to invest $2bn in Mumbai housing (01-11-2015)
Canada’s pension fund is ready to invest USD 2 billion in affordable housing in Mumbai, a top Indian official said, in a move that would boost Prime Minister Narendra Modi’s goal of providing cheap housing to millions of people.