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30 September 2016, 15:27

Nettlinx raises 3 million US dollars to acquire European companies

Hyderabad, Sept 30 (UNI ) Nettlinx Limited, the Hyderabad-based internet infrastructure company, has raised 3 million US dollars ( Rs 20 crore) from strategic investors, to enrich the company's prospects in acquiring European Industrial companies. ...
United News of India, 4 min(s) ago
Also from: Reuters India, Deccan Chronicle and 7 other sources

RBI to defer a 25 bps rate cut to December meeting: ICRA

Monetary Policy Committee may choose to wait for confirmation of the dampening effects of the higher output on prices after the harvest reaches the market, before embarking on the rate cut.
Money Control, 6 min(s) ago
Also from: Business Standard, Reserve Bank of India and 1 other source

Liquor stocks in demand

Shares of eight liquor companies rose by 3.25% to 14.58% at 14:45 IST on BSE after the Supreme Court today, 30 September 2016, reportedly dismissed BJP leader's plea seeking a complete ban on liquor across India.
Business Standard, 7 min(s) ago
Also from: Business Standard, NDTV and 4 other sources

ASIA CREDIT CLOSE: Deutsche problems dent risk appetite

HONG KONG, Sept 30 (IFR) - Deutsche Bank's woes weighed onrisk sentiment across Asia, with spreads widening acrossinvestment-grade and high-yield credits. The Asian investment grade CDS index was 5bp wider at120bp/121bp, after the German lender's CDS jumped ...
Sify, 6 min(s) ago
Also from: Yahoo! India, Business Standard and 3 other sources

Vinaditya Trading Company to hold AGM

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Capital Market, 1 hour(s) ago
Also from: Smart Investor, Business Standard and 2 other sources

Turki Almadhi Ventures Inc Prepares for WebSummit 2016 Held in Lisbon Portugal in November 2016 by Introducing a New Investor Team Responsible for Scouting Startups

PRWeb 2016-09-30 Turki Almadhi Ventures Inc. is excited to announce its participation as an investor at WebSummit 2016 this year. In addition to Mr. Almadhi who will be attending, three additional investors who work with Turki Almadhi Ventures ...
BizWire Express, 22 min(s) ago
Also from: Equity Bulls

Twitterati Hails Indian Army’s Surgical Strikes, Praises Modi

Hours after Indian Army's Director General of Military Operations (DGMO) Lt. Gen. Ranbir Singh confirmed that the Army carried out surgical strikes inside PoK and killed several terrorists; social media got inundated with congratulatory messages and ...
Daily Bhaskar, 3 hour(s) ago
Also from: Business Standard India, Business Standard and 1 other source

Sintex Industries jumps 6% board approves demerger of custom moulding, prefab businesses

The company said its board has approved demerger of custom moulding business and prefab business from its two arms Sintex BAPL and Sintex Infra Projects, respectively.
India Infoline, 3 hour(s) ago
Also from: Money Today, Financial Express and 2 other sources

What Indian and Pakistani newspapers said

"India strikes," read the front page of The Indian Express Friday in bold letters above photo of families it said were leaving for safer areas in the northern Indian state of Punjab.
MSN India, 8 min(s) ago
Also from: Daily Bhaskar, Navhind Times and 3 other sources

40% chance of a 25 bps rate cut on October 4: Nomura analyst

The Reserve Bank of India (RBI) is likely to consider cutting interest rates by 25 basis points, or 0.25 percent, when it meets to decide on monetary policy on October 4, says Vivek Rajpal, Rates Strategist, Nomura India.
Money Control, 8 min(s) ago
Also from: Deccan Chronicle, BizWire Express and 7 other sources

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