modified_summary.json

{
    "root": [
        {
            "key": [
                "online learning website lynda", 
                "special effects specialists", 
                "lynda ensures", 
                "surprise purchase"
            ], 
            "summary": "It was announced on Friday that Linkedin made a surprise purchase of the online learning website Lynda.com for a cool $ 1.5 billion . Lynda ensures that your presentation is at its best thanks to a crack team of producers ( thank you Todd Howard ) , audio and video editors and special effects specialists that treat every course like a Hollywood production , mostly because many of them have formerly worked in some facet of Hollywood entertainment . The gear and facilities are top-notch as well , it\u2019s the attention to detail in each course that makes the difference between the end user actually learning something , and the hit or miss video from the anonymous guy with a webcam often found not only on YouTube , other similar sites ."
        }, 
        {
            "key": [
                "compound annual growth rate", 
                "entire indian tiles industry", 
                "boost tiles export", 
                "net profit jumped 55"
            ], 
            "summary": "Kajaria Ceramics continues to grow at a fast pace . It has reported a 30 per cent growth in revenue in the third quarter of 2014-15 compared to the same quarter previous year . The net profit jumped 55 per cent because of a 29 per cent increase in earnings before interest , tax , depreciation and amortisation , and a fall in interest cost due to reduction in debt . In the next five years , Kajaria Ceramics is aiming to grow its revenue at a compound annual growth rate of 20 per cent . bear in mind , the company , and the entire Indian tiles industry , faces a threat from Chinese imports . Any policy shift that serves to boost tiles export from China , will adversely impact the entire industry , including Kajaria ."
        }, 
        {
            "key": [
                "meant agricultural harvests", 
                "cut interest rates", 
                "global oil prices", 
                "consumer price index"
            ], 
            "summary": "India is inflation rate fell to a three-month low last month , official figures have shown.Inflation as measured by the Consumer Price Index ( CPI ) fell to 5.17 % , down from February is figure of 5.37 % . Better weather has meant agricultural harvests have been more controllable , stabilising the price of food . The dip in global oil prices helped lower the rate , which is in line with the government is aim of keeping inflation below 6 % . Analysts had forecast a rate of about 5.5 % for March . In February , unseasonal rains had pushed up food prices . India is central bank has cut interest rates twice this year with its key rate now at 7.5 % ."
        }, 
        {
            "key": [
                "consumer durable stocks", 
                "investors riding high", 
                "strong returns generated", 
                "earnings growth figures"
            ], 
            "summary": "Investors riding high on strong returns generated by consumer durable stocks like IFB Industries , Whirlpool , Voltas , Blue Star and Hitachi should turn a little cautious as the last two quarters ' strong growth trend may not continue . The festive sales were split between September and December due to early Navratri and Diwali in 2014 . There was a growth of 27-57 % in sales for the September quarter and 25-39 % in the first half of FY15 . The earnings growth figures were even higher . The result was a surge in stock prices . While analysts are justifying current high valuations \u2014 claiming that these companies will benefit from the correction in steel , copper and aluminium prices \u2014 a weak sales growth may keep sentiments sombre ."
        }, 
        {
            "key": [
                "losing smartphone business amid weaker", 
                "personal computer business", 
                "electronics giant warned", 
                "sony shares plunged 12"
            ], 
            "summary": "Sony shares plunged 12 per cent at the open in Tokyo on Thursday after the electronics giant warned it would lose $ 2.14 billion this fiscal year , more than four times its earlier forecast . The restructuring has included thousands of layoffs , exiting the personal computer business and liquidating assets that saw the $ 1.0 billion sale of its Manhattan headquarters. `` Sony has been cutting expectations for sales in the money-losing smartphone business amid weaker-than-expected results in emerging markets and the soaring presence of rivals in its home market. `` Hirai , who took over in 2012 , said Wednesday that the firm would continue to focus on more profitable areas of its vast business , which ranges from televisions and portable music to a movie division and little-known insurance business ."
        }, 
        {
            "key": [
                "scaled back drilling work", 
                "current oil price environment", 
                "disciplined capital management", 
                "control costs amidst"
            ], 
            "summary": "An oil rig in the South Atlantic ocean , off the Falklands Oil drillers in the Falklands have shelved plans to drill a second well in the south and east of the region , following the steep drop in oil prices.The move involves three oil exploration companies , Falkland Oil and Gas ( FOGL ) , Edison International and Noble Energy.They will continue their operations in other parts of the region , need `` disciplined capital management in the current oil price environment '' .The price of Brent Crude has almost halved in the last year.The announcement follows Argentina is ramping up of political pressure on the companies last week.The disputed sovereignty of the Falklands makes drilling there controversial.FOGL initially planned to explore five oil wells in the region in 2015.Oil explorers globally have scaled back drilling work to control costs amidst the steep decline in oil prices.Shares in FOGL opened 4.3 % higher as investors saw the news as positive ."
        }, 
        {
            "key": [
                "deepwater horizon oil rig", 
                "citing obama administration officials", 
                "drill pipe led", 
                "southeast atlantic coast"
            ], 
            "summary": "The Interior Department could make the announcement as early as Monday , the paper said . In 2010 , the Interior Department announced new regulations on drilling well casings , and in 2012 , it announced new regulations on the cementing of wells . ( Reporting by Eric Beech Editing by Lisa Shumaker ) WASHINGTON ( Reuters ) - The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc ( BP.L ) oil spill in the Gulf of Mexico , the New York Times reported on Friday , citing Obama administration officials . It is timed to coincide with the five-year anniversary of the BP ( BP.L ) disaster , which killed 11 men and sent millions of barrels of oil spewing into the gulf.The rule is expected to tighten safety requirements on blowout preventers , devices that are the last line of protection to stop explosions in undersea oil and gas wells , the Times reported.The White House did not immediately respond to a request for comment.The explosion of the Deepwater Horizon oil rig in 2010 was caused in part when the buckling of a section of drill pipe led to the malfunction of a supposedly fail-safe blowout preventer on a BP well , the paper said.The regulation comes as the Obama administration is taking steps to open up vast new areas of federal waters off the southeast Atlantic Coast to drilling , a decision that has infuriated environmentalists , the Times reported.It will be the third and biggest new drilling-equipment regulation put forth by the Obama administration in response to the disaster , the Times said ."
        }, 
        {
            "key": [
                "prime minister shinzo abe", 
                "economy minister akira amari", 
                "trade representative michael froman", 
                "froman told reporters"
            ], 
            "summary": "( Reporting by Kaori Kaneko Writing by William Mallard Editing by Kevin Liffey ) The two sides narrowed their gaps substantially in the bilateral discussions , Froman told reporters after two days of talks with Economy Minister Akira Amari , following senior working-level discussions last week . TOKYO ( Reuters ) - The United States and Japan have made significant progress in trade talks over recent days , adding momentum to multilateral efforts toward a free-trade pact , U.S. Trade Representative Michael Froman said early on Tuesday . The bilateral deal between the two nations is vital to the success of a 12-nation Trans-Pacific Partnership ( TPP ) trade pact.Amari has said the two sides want to make enough progress to be welcomed at a summit of Prime Minister Shinzo Abe and President Barack Obama next week in Washington ."
        }, 
        {
            "key": [
                "deepwater horizon drilling rig", 
                "bp plc fund", 
                "offshore oil spill", 
                "mexico oil spill"
            ], 
            "summary": "( Reporting by Jonathan Stempel in New York Editing by Steve Orlofsky ) ( Reporting by Jonathan Stempel in New York Editing by Steve Orlofsky ) ( Reuters ) - The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $ 5 billion has been paid out . ( Reuters ) - The administrator overseeing a BP Plc fund to compensate people and businesses claiming they were harmed by the 2010 Gulf of Mexico oil spill said on Wednesday more than $ 5 billion has been paid out . A total of $ 5.037 billion has been paid to 62,162 claimants , the administrator , Patrick Juneau , said in a statement on his website for spill claims.The money is being paid under a 2012 settlement tied to the explosion of the Deepwater Horizon drilling rig , which killed 11 workers and caused the largest U.S. offshore oil spill . A total of $ 5.037 billion has been paid to 62,162 claimants , the administrator , Patrick Juneau , said in a statement on his website for spill claims.The money is being paid under a 2012 settlement tied to the explosion of the Deepwater Horizon drilling rig , which killed 11 workers and caused the largest U.S. offshore oil spill ."
        }, 
        {
            "key": [
                "bbc business correspondent100bn barrels", 
                "issue today ukog gave", 
                "mr sanderson told", 
                "horse hill discovery"
            ], 
            "summary": "`` UKOG maintains its estimation of the new Horse Hill discovery at 158 million barrels of oil per sq mile.The company is share price has been volatile , after it soared on the announcement of the new discovery last week.Analysis : John Moylan , BBC business correspondent100bn barrels of oil in the South of England . And on that issue today UKOG gave more prominence to another crucial point - that unless proven , the Horse Hill well results should not be considered as either resources or reserves . To be clear , the 100bn figure was not in UKOG is announcement to the market last Thursday or in its update today . It is an extraordinary claim . This is his opinion . When asked for his opinion on how much oil might be in the region , known as the Weald , based upon the results at Horse Hill and his knowledge of the wider geology , Mr Sanderson told me : '' Based on what we 've found here , I think we 're looking at between 50 and 100 billion barrels of oil in place in the ground '' ."
        }, 
        {
            "key": [
                "passenger seat air bag turning", 
                "front passenger seat air bags", 
                "technical service bulletin", 
                "fuji heavy industries"
            ], 
            "summary": "DETROIT ( Reuters ) - U.S. safety regulators have opened an investigation into Subaru Impreza sedans from model year 2012 because the front passenger seat air bags may fail to operate . The investigation involved an estimated 33,500 cars . The U.S. safety agency said it was opening the probe , called a preliminary evaluation , to assess the scope , frequency and consequence of the potential problem and any possible connection to the earlier service bulletin.A Subaru spokesman said on Tuesday the automaker expects to receive a request for information from the NHTSA this week . ( Reporting by Ben Klayman in Detroit Editing by Jeffrey Benkoe ) The NHTSA noted that Subaru , a unit of Fuji Heavy Industries Ltd ( 7270.T ) , published a technical service bulletin in May 2012 to address conditions that lead to the passenger seat air bag turning off when the front seat is occupied . The company said it has had no reports of accidents or injuries related to the matter.A preliminary investigation is the first step in a process that can lead to a recall if regulators determine that a manufacturer needs to address a safety issue ."
        }, 
        {
            "key": [
                "thursday blue bell creameries expanded", 
                "sabras classic hummus brand", 
                "people make full recoveries", 
                "weakened immune systems"
            ], 
            "summary": "it can be fatal to people with weakened immune systems , and lead to miscarriages among pregnant women . This is the second food recall related to listeria in the US this week . Three people in Kansas have already died from the same outbreak.Sabra has not yet responded to a BBC request for comment . On Thursday Blue Bell Creameries expanded an earlier recall after an additional three people in Texas were made ill by its products , according to the US Centers for Disease Control . The national recall applied to Sabras Classic Hummus brand of the blended chickpea snack - five of its 60 products - although no illnesses have far been reported.The contamination was discovered on 30 March at a Kroger grocery store in Port Huron , Michigan . Sabra Dipping Co has recalled 30,000 cases of hummus due to possible contamination with listeria bacteria.The Food and Drug Administration announced the recall after inspectors discovered the bacteria during random testing at a Michigan retail store.Listeria is a food-borne organism which can cause fever and nausea in most cases , and people make full recoveries ."
        }, 
        {
            "key": [
                "previous ceo vikram pandit", 
                "reporting lines beginning", 
                "ceo mike corbat", 
                "leach joined citigroup"
            ], 
            "summary": "( Reporting by David Henry in New York ) Members of Leach is team will have new reporting lines beginning May 1 , Corbat said . NEW YORK ( Reuters ) - Brian Leach , head of franchise risk and strategy for Citigroup Inc ( C.N ) , said on Thursday that he is retiring and does not know what he will do next . Leach is departure was announced to employees in memos from him and from CEO Mike Corbat.Leach joined Citigroup during the financial crisis in 2008 and worked under previous CEO Vikram Pandit.Corbat noted that when he became CEO , he asked Leach to stay on and lead all control functions at the company ."
        }, 
        {
            "key": [
                "kamal ahmed reports", 
                "entering argentine territory", 
                "started legal proceedings", 
                "falkland islands"
            ], 
            "summary": "Argentina has started legal proceedings against three British and two US companies for drilling oil near the Falkland Islands . The country is minister for the islands told the BBC the companies were performing `` illegal acts '' by entering Argentine territory.Kamal Ahmed reports ."
        }, 
        {
            "key": [
                "underground riches oil", 
                "similar geology", 
                "west siberia", 
                "13 billion barrels"
            ], 
            "summary": "His study of a third of the Weald came up with a resource of billion barrels . Underground riches Oil has been produced onshore in the South of England for decades . Compared with similar geology in the US and West Siberia , it estimates that 3 % to 15 % of the oil could be recovered . `` Now that is getting significant . That is a resource . We 've still got to get it out ."
        }, 
        {
            "key": [
                "2016 presidential campaign debates", 
                "big spending party", 
                "including income tax", 
                "european consumption taxes"
            ], 
            "summary": "Both are bad ideas . European consumption taxes are on top of all other taxes , including income tax . And they will be part of the 2016 presidential campaign debates . New tax compliance and remittance will be prohibitively expensive . Consider these reasons why either consumption tax is a bad idea : We know that the big spending party is the one in the majority . All European consumption tax percentages started small , today the average is 19 % \u2013 again , in addition to income tax ."
        }, 
        {
            "key": [
                "/registered foreign portfolios investors", 
                "foreign institutional investors hold 19", 
                "foreign institutional investors", 
                "india approved hike"
            ], 
            "summary": "At 9:55AM , over 19,000 shares were traded on both the stock exchanges . Shares of Eicher Motors were up nearly 2 % at Rs 16,120 after the Reserve Bank of India approved hike in investment limit by overseas investors. Shares of Eicher Motors were up nearly 2 % at Rs 16,120 after the Reserve Bank of India approved hike in investment limit by overseas investors.Foreign Institutional Investors ( FIIs ) /Registered Foreign Portfolios Investors ( RFPIs ) can now invest up to 49 % of the paid up capital of M/s Eicher Motors Limited under the Portfolio Investment Scheme ( PIS ) , the RBI said in a release on Wednesday.Currently , foreign institutional investors hold 19.47 % of the paid-up capital of the company as on December 31 , 2014 , as per the shareholding data on the Bombay Stock Exchange.The stock opened at Rs 16,299 and touched a high of Rs 16,350 ."
        }, 
        {
            "key": [
                "note titled tax menace", 
                "tax consulting community", 
                "income tax authorities", 
                "supreme court upholds"
            ], 
            "summary": "DRP gives its verdict in nine months and tax liability , if any , will materialise only then . Foreign funds would have already either redistributed those profits or re-invested them . CLSA has come out with a note titled Tax Menace , saying that if the Supreme Court upholds the AAR ruling then the case of the income tax authorities will become very strong . The option of going to the Supreme Court , ultimately , always exists . Thacker said that there is a consensus view within the tax consulting community that MAT should not be applicable on foreign companies , including FIIs and FPIs . In the recent budget he made it clear that \u2018going forward\u2019 MAT will not apply to foreign companies ."
        }, 
        {
            "key": [
                "born maria adelaide nielli", 
                "swiss private bank unit", 
                "international media outlets", 
                "profile trial prompted"
            ], 
            "summary": "( $ 1 = 0.9483 euros ) ( The story was corrected to show two years suspended not one year in the second paragraph ) ( Reporting by Chine Labbe Writing by Brian Love Editing by Andrew Callus ) PARIS ( Reuters ) - A Paris court on Monday found the heiress of the Nina Ricci perfume and fashion business guilty of tax fraud in a high-profile trial prompted by leaked lists of people who used the services of HSBC bank in Switzerland . HSBC Holdings Plc was ordered last week to post a bail bond of 1 billion euros to cover possible fines in a move it said was legally groundless.In an affair dubbed `` Swissleaks '' , HSBC is Swiss private bank unit is being pursued along with scores of wealthy individuals whose names appeared on lists of some 3,000 client names leaked to French authorities by a former HSBC employee , Herve Falciani . almost five years later , only one tax evader has been prosecuted.In February , HSBC Group Chief Executive Stuart Gulliver admitted `` unacceptable '' practices had taken place at its Swiss arm.Nina Ricci was born Maria Adelaide Nielli in Turin in 1883 , before settling in France aged 12 and founding the Nina Ricci business with her son in 1932 . Arlette Ricci , 73-year-old granddaughter of Nina Ricci , was sentenced to three years in jail , including two suspended , and ordered to pay a fine of 1 million euros ( $ 1.05 million ) in a verdict read out by a judge at a criminal court.She was tried on charges that she hid more than $ 22 million from the French tax authorities using accounts and offshore entities based in Panama.HSBC is Swiss subsidiary is itself being pursued by French magistrates who suspect it of large-scale tax fraud . Her prosecution was seen as a test case for the so-called `` Swissleaks '' scandal.A list of thousands of HSBC is clients was passed to the French government in 2009 by whistleblower Herve Falciani , a former employee of the bank is private operation in Switzerland.The bank is tax-evasion practices were reported in February by the BBC is Panorama programme and a host of other international media outlets , leading to criminal investigations in the US , France , Belgium and Argentina not in the UK , where HSBC is based.The UK is HM Revenue and Customs ( HMRC ) was given the leaked data in 2010 and identified 1,100 people from the list of 7,000 British clients who had not paid their taxes ."
        }, 
        {
            "key": [
                "shadow chancellor mr balls", 
                "avoid stamp duty", 
                "dom rules", 
                "close loopholes"
            ], 
            "summary": "Labour are trumping that by saying seven and a half billion . It is almost impossible to know up front actually what you can achieve from cracking down on avoidance and evasion . '' And there should not be one rule for a few and another rule for everybody else . Labour want to prevent disguised self-employment and close loopholes used by hedge funds to avoid stamp duty . `` Working people who are paying more in tax want everyone to pay their fair share . 'Fair share'Shadow chancellor Mr Balls said : `` We will close loopholes the Tories wo not act on , increase transparency , toughen penalties and abolish the non-dom rules ."
        }, 
        {
            "key": [
                "election issue includes income tax", 
                "continue whichever party wins", 
                "tax income outstrip", 
                "national insurance levies"
            ], 
            "summary": "Policy guide : Taxation This election issue includes income tax and national insurance levies and business taxes . Will that tax income outstrip the amount raised from non-dom charges ? How many non-doms are there ? This is where things become a little more opaque.People do not necessarily have to indicate their domicile status on their UK tax return . Whether this will create a more even playing field among entrepreneurs irrespective of their domicile The debate is likely to continue whichever party wins the election . Labour says it would do by several hundred million pounds this is very difficult to quantify What will be the effect on jobs and business creation in the UK ? A domicile is usually the country his or her father considered his permanent home when he or she was born , or it may be the place overseas where somebody has moved to with no intention of returning.That means somebody can be born , be educated and work in the UK still hold non-dom status ."
        }, 
        {
            "key": [
                "entire government bond limit", 
                "entire $30 billion ceiling", 
                "government debt purchases", 
                "sell government bonds"
            ], 
            "summary": "Currently , the entire government bond limit for foreign investors is almost fully exhausted.\u201cUpon sale or redemption or maturity of government securities the FPIs ( foreign portfolio investors ) shall be permitted to buy government securities on the same day , \u201d Sebi said in the email.While currently foreign investors get a five-day window to reinvest government bonds if they have purchased the limit by paying a fee at the auction , the current rules will be applicable when the limits are freely available , traders said.The limits were auctioned since September when the quota was 90 per cent used up . The Securities and Exchange Board of India ( Sebi ) has permitted foreign investors to reinvest in government bonds the same day , giving them the option to churn their portfolio , according to four traders with direct knowledge of the matter and an email of the new rules. The Securities and Exchange Board of India ( Sebi ) has permitted foreign investors to reinvest in government bonds the same day , giving them the option to churn their portfolio , according to four traders with direct knowledge of the matter and an email of the new rules.Sebi , in an email sent on Wednesday to custodian banks of foreign investors , said the facility to buy and sell government bonds the same day would be applicable on the entire $ 30 billion ceiling on government debt purchases ."
        }, 
        {
            "key": [
                "mutual fund fixed maturity plans", 
                "attract capital gains", 
                "capital gains", 
                "central board"
            ], 
            "summary": "A tax of 20 per cent will be charged at the time of redemption of plans . A tax of 20 per cent will be charged at the time of redemption of plans . Accordingly , it is hereby clarified that no capital gains will arise at the time of exercise of the option by the investor to continue in the same scheme . The Central Board of Direct Taxes has issued the clarification with regards to taxation on rollover of FMPs beyond 36 months.\u201cThe rollover ... will not amount to transfer as the scheme remains the same . In a major relief to investors , the rollover of mutual fund fixed maturity plans ( FMPs ) beyond 36 months will not attract capital gains . The Central Board of Direct Taxes has issued the clarification with regards to taxation on rollover of FMPs beyond 36 months. In a major relief to investors , the rollover of mutual fund fixed maturity plans ( FMPs ) beyond 36 months will not attract capital gains ."
        }, 
        {
            "key": [
                "term capital gains", 
                "land acquisition bill", 
                "corporate earnings numbers", 
                "key sentiment driver"
            ], 
            "summary": "Investments through P-notes stood at Rs 3.23 lakh crore in February 2008.\u201cTaxation on the MAT front has been one of the key reasons for investors choosing to invest through P-notes in the past year . Just as other investors in India , FPIs pay no tax on long-term capital gains . this is not applicable to investors coming through the P-notes . Banks have been asked by the government to restructure loans given to farmers impacted by the crop damage . The Land Acquisition Bill is likely to be a key sentiment driver for markets in terms of the reforms agenda , \u201d said the report . Corporate earnings numbers and macro data are expected to matter more in the latter part of 2015 ."
        }, 
        {
            "key": [
                "monthly average corpus", 
                "indian equities", 
                "tax front", 
                "rs 100 crore"
            ], 
            "summary": "We are confident that whatever the issues on the tax front will be resolved . These funds have to maintain a monthly average corpus of Rs 100 crore . There should be a minimum of 25 investors in each fund . `` We have filed with Sebi . The demand from foreign investors to invest into Indian equities is tremendous . More entities are awaiting clarity on the tax front before taking a decision ."
        }, 
        {
            "key": [
                "rising property prices", 
                "inheritance tax net", 
                "dragged tens", 
                "subsequent promises"
            ], 
            "summary": "it opens the Conservatives to the charge they are helping the wealthy . His opponents are already questioning whether voters will believe this latest promise . The announcement is likely to appeal to middle-class voters , particularly in London and the South East . Subsequent promises to take more people out of the tax have not been delivered . The threshold has been frozen since 2009 and rising property prices have dragged tens of thousands more families into the inheritance tax net . `` At a time when our NHS is in crisis and most working people are paying more under the Tories , it can not be a priority to spend \u00a31bn on a policy which the Treasury says would not apply to 90 % of estates ."
        }, 
        {
            "key": [
                "rbi today allowed foreign investors", 
                "/registered foreign portfolios investors", 
                "eicher motors today closed 1", 
                "foreign institutional investors"
            ], 
            "summary": "`` ... The company has passed resolutions at its Board and a special resolution by the shareholders , agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by FIIs/RFPIs , '' it said.The purchases can be made through primary market and stock exchanges , it added.As per data available on BSE , FIIs held 19.47 per cent shares on the company as of quarter ended December 2014.Shares of Eicher Motors today closed 1.51 per cent lower at Rs 15,811 apiece on BSE . The RBI today allowed foreign investors to invest up to 49 per cent of the paid-up capital in Eicher Motors. The RBI today allowed foreign investors to invest up to 49 per cent of the paid-up capital in Eicher Motors.Foreign Institutional Investors ( FIIs ) /Registered Foreign Portfolios Investors ( RFPIs ) can now invest up to 49 per cent of the paid-up capital of Eicher Motors under the Portfolio Investment Scheme ( PIS ) , RBI said in a statement ."
        }, 
        {
            "key": [
                "largest city gas player present", 
                "antique stock broking recommend \u2018buy", 
                "captive power sector demand", 
                "discovered massive gas reserves"
            ], 
            "summary": "A combined 2.32 million shares changed hands on the counter till 1440 hours on the NSE and BSE . Shares of Gujarat Gas Company were trading higher by 2 % at Rs 846 , extending its over 20 % rally in the past one week on the National Stock Exchange ( NSE ) , after the company received approval from Petroleum and Natural Gas Regulatory Board ( PNGRB ) to expand its distribution network in Thane and Dadra amp Nagar Haveli.The stock hit a record high of Rs 862 in intra-day trade today and surged 29 % in past five trading sessions from Rs 667 on April , 2015 . The CNX Nifty dipped 5 % during the same period.Meanwhile , Amit Rustagi and Sabri Hazarika , analysts at Antique Stock Broking recommend \u2018buy\u2019 rating on the stock with a fair value of Rs 915 per share.Post merger of Gujarat Gas with GSPC Gas , the combined entity would become India is largest city gas player present across Gujarat , one of the most industrialised states in India , despite having a relatively much lower compressed natural gas ( CNG ) penetration compared to Delhi/Mumbai , said analyst in a research report dated April 8 , 2015.With spot liquefied natural gas ( LNG ) prices plummeting to around USD7/mmbtu , industrial and captive power sector demand is expected to strengthen , resulting in improved volumes and margins , added report.Till 1101 hours , a combined 820,519 shares changed hands on the counter on the NSE and BSE. Shares of Reliance Industries ( RIL ) were trading higher by 1 % at Rs 916 on the National Stock Exchange ( NSE ) , extending its past four-day\u2019s gain on the bourses , on media reports that the company has discovered massive gas reserves at MJ-1 block in its KG-D6 basin.Since April 6 , 2015 , the stock has rallied nearly 11 % from Rs 825 , compared with 1.8 % rise in the CNX Nifty.RIL stock has contributed nearly one-third or 171 points to the 30-share Sensex is 487 points-gain in the past five trading sessions.Meanwhile , RIL announced after market hours on Friday , the commissioning of two plants at Dahej , Gujarat\u2014 a Purified Terephthalic Acid ( PTA ) plant and a PET resin ( Polyethylene Terephthalate ) plant.The PTA plant with a capacity of 1,150 kilo tonnes per annum ( KTA ) will increase RIL is total PTA capacity to 3.2 million metric tonnes per annum ( MMTPA ) and global capacity share to 4 % .Today , the stock opened at Rs 907 and touched a low of Rs 899 on the NSE ."
        }, 
        {
            "key": [
                "stock markets improved", 
                "open accounts", 
                "mn additions", 
                "cent tax"
            ], 
            "summary": "March alone saw half a mn additions . The sector ca not afford to sit on cash for long at a time when , fundamentally , things are bullish . 2014-15 was a turning point . Sentiment in the stock markets improved with a new government in Delhi under Narendra Modi and investors flocked to open accounts with fund houses . Post that , there were opportunities across the sector and we chose to buy . Sellers have to pay 0.01 per cent tax , that is , Rs 10 for a transaction value of Rs 1 lakh ."
        }, 
        {
            "key": [
                "sugar retail markets", 
                "sugar ready", 
                "long positions", 
                "quintal"
            ], 
            "summary": "Add to the position between Rs 930 and Rs 935 . Following are today is quotations ( in Rs per quintal ) Sugar retail markets - Rs 30.00-34.00 per kg . Sugar ready : M-30 Rs 2,720-2,860 S-30 Rs 2,710-2,850 . Stop-long positions at 8,725 . Add to the position between 18,550 and 18,575 . Add to the position between Rs 1,805 and Rs 1,810 ."
        }, 
        {
            "key": [
                "equity share begins today", 
                "suzlon energy edged higher", 
                "ridden wind energy major", 
                "80 active pharmaceutical ingredients"
            ], 
            "summary": "As a result , the promoters shareholding in the company has come down to 29.41 per cent from 48.33 per cent prior . Subsequently , the board of directors of Krebs approved a proposal to allot 2.3 million shares on a preferential basis . At 12:10PM , over 27 million shares were traded on both the stock exchanges . The company claims to have over 350 formulations and 80 active pharmaceutical ingredients ( APIs ) under its product portfolio . The total investment to acquire 26 % stake works out to Rs 2,837 crore.The open offer follows the recent infusion of Rs 1,800 crore by Dilip Shanghvi , promoter of Sun Pharmaceuticals into the debt-ridden wind energy major.The stock opened at Rs 28.35 and touched a high of Rs 28.70 . Shares of Suzlon Energy edged higher by 1.4 % to Rs 28.50 on the Bombay Stock Exchange after the open offer by Dilip Shanghvi amp Associates to acquire 26 % stake in the wind-energy major at Rs 18 per equity share begins today ."
        }, 
        {
            "key": [
                "related parties", 
                "companies act", 
                "stock exchanges", 
                "share capital"
            ], 
            "summary": "A case has already been filed by FTIL at the high court ( HC ) in Mumbai against the merger . At 9:25AM , over 250,000 shares were traded on both the stock exchanges . The draft order was made on October 21 last year , to merge NSEL with FTIL in the public interest , under Section 396 of the Companies Act , 1956 . NSEL has a paid-up share capital of Rs 45 crore , consisting of 45 million shares of Rs 10 each . the government sought three months more to review 19,000-odd objections from FTIL shareholders and related parties before passing an order . FTIL is a listed company with a paid-up share capital of Rs 9,21,57,074 , divided into 4,60,78,537 equity shares with a face value of Rs 2 each ."
        }, 
        {
            "key": [
                "mumbai entry points project", 
                "mumbai entry points", 
                "low entry barrier", 
                "largest omt project"
            ], 
            "summary": "The issue , which will be listed on the NSE and BSE , will close on April 23 . The company has fixed Rs 63-65 as the price band for the IPO . According to the company , MIPL has a debt of nearly Rs 2,775.52 crore on its books as on January 31 . Weak financials , low entry barrier in the sector and high dependence on policies of state and central governments make the issue risky for retail investors . Mumbai Entry Points project is the company is largest OMT project . Such projects are long-term and have upfront payment to be made.For instance , Mumbai Entry Points is a 16-year project , starting November 2010 , for which MEP has given upfront payment of Rs 2,100 crore ."
        }, 
        {
            "key": [
                "senior research analyst", 
                "tax benefits", 
                "shareholding pattern", 
                "good opportunity"
            ], 
            "summary": "This transaction does not change anything materially for the company . The fall does present a good opportunity for investors to buy the stock.\u201dSurajit Pal , senior research analyst \u2013 institutional equities at Prabhudas Lilladher suggests that the transaction merely changes the shareholding pattern for the company . The stock opened at Rs 951 and touched a high of Rs 974 on the NSE far . At 9:50AM , over 179,000 shares were traded on both the stock exchanges . Its performance in the US markets is fine . Sun has given a guidance of $ 250 million to $ 300 million in synergy in the next three years from Ranbaxy , of which one-third I believe will come in due to tax benefits ."
        }, 
        {
            "key": [
                "subsidiary company nlc tamilnadu power", 
                "udupi power plant located", 
                "udupi power plant", 
                "tuticorin power project"
            ], 
            "summary": "At 10AM , over 310,000 shares were traded on both the stock exchanges . At 12:15PM , over 1.6 million shares were traded on both the stock exchanges . The Udupi power plant located at Udupi district in the state of Karnataka has two 600Mw imported coal based power units.Post the sale of the Udupi power plant , the company has realised enterprise value of around Rs 6,300 crore.The stock opened at Rs 5.60 and hit a high of Rs 5.85 . At 11:55AM , over 4.7 million shares were traded on both the stock exchanges . Shares of Lanco Infratech were up nearly 6 % at Rs 5.60 after the company announced sale of its Udupi power plant to Adani Power. Shares of Lanco Infratech were up nearly 6 % at Rs 5.60 after the company announced sale of its Udupi power plant to Adani Power.The sale of the unit was part of Lanco Infratech is strategy to reduce its debt . Shares of Neyveli Lignite Corporation were up 4 % at Rs 78 after the state-owned company said it has commenced the second phase of the Tuticorin Power project.Shares of Neyveli Lignite Corporation were up 4 % at Rs 78 after the state-owned company said it has commenced the second phase of the Tuticorin Power project.Unit II of 500MW of Tuticorin Power Project of its subsidiary company NLC Tamilnadu Power Ltd has been test synchronised with the Grid on April 09 , 2015 , the company said in a release after market hours on Thursday.The stock opened at Rs 76.90 and touched a high of Rs 79.40 on the Bombay Stock Exchange ."
        }, 
        {
            "key": [
                "funded interest term loan", 
                "shriram industrial holdings", 
                "corporate debt restructuring", 
                "existing group structure"
            ], 
            "summary": "At 11:15AM , over 814,000 shares were traded on the Bombay Stock Exchange . At 9:34AM , over 63,000 shares were traded on the Bombay Stock Exchange . Shares of Gitanjali Gems were up nearly 6 % at Rs 46 on the Bombay Stock Exchange after the company announced plans to rationalise the existing group structure and create synergy of operations. Shares of Gitanjali Gems were up nearly 6 % at Rs 46 on the Bombay Stock Exchange after the company announced plans to rationalise the existing group structure and create synergy of operations.The company in a release said its board approved the merger of step down subsidiaries such as Asmi Jewellery India Ltd and Spectrum Jewellery Ltd with Nakshatra Brands Ltd.Further , the board approved merger of Gitanjali Jewellery Retail Ltd and Gitanjali Lifestyle Ltd with GILI India Ltd , a step down subsidiary of the company , the release added.The stock opened at Rs 43.25 and touched a high of Rs 47.40 . Shares of Shriram EPC surged nearly 15 % to Rs 45.45 on the Bombay Stock Exchange after the company said that a part of the loans under corporate debt restructuring ( CDR ) package have been converted to equity.Shares of Shriram EPC surged nearly 15 % to Rs 45.45 on the Bombay Stock Exchange after the company said that a part of the loans under corporate debt restructuring ( CDR ) package have been converted to equity.The board has approved conversions of funded interest term loan to the maximum of Rs 313 crore of the CDR lenders into equity shares , the company said in a release after market hours on Friday.The board approved issue of equity shares in lieu of the conversion to the maximum of Rs 185 crore to the CDR lenders and issue of equity shares to promoters , Shriram Industrial Holdings to the extent of Rs 389 crore on a preferential basis , the release added.The stock opened at Rs 42 and touched a high of Rs 46.65 ."
        }, 
        {
            "key": [
                "basic\u00a0earnings underscore", 
                "momentum building", 
                "differing characterizations", 
                "fund states"
            ], 
            "summary": "\u201cWe see proof points in the first quarter and we see momentum building , \u201d she added . \u201cTrian believes it already has had a significant impact , there is more value to be unlocked , \u201d the fund states . Kullman\u2019s so-called \u2018next generation DuPont\u2019 isn\u2019t what\u2019s currently driving headlines . Trian knows calling for Kullman\u2019s ouster would be a non-starter given investors\u2019 support of her performance since taking the company\u2019s reins in 2009 . Those differing characterizations of basic earnings underscore just how much air can be cleared . Much of Trian\u2019s case rests on nebulous improvements such as eliminating management\u2019s rhetoric and its informational advantages ."
        }, 
        {
            "key": [
                "air traffic controllers launched", 
                "theo leggett reports", 
                "day strike", 
                "working conditions"
            ], 
            "summary": "Theo Leggett reports . The situation is expected to worsen on Thursday with around half of all flights cancelled . Hundreds of flights to and from France were cancelled on Wednesday as air traffic controllers launched a two-day strike over working conditions ."
        }, 
        {
            "key": [
                "provided qualcomm remains undervalued", 
                "favorable fundamental outlook", 
                "restore investor confidence", 
                "early monday trading"
            ], 
            "summary": "\u201c [ T ] he $ 10 billion to be deployed over the next twelve months can be deployed sooner , ahead of realizing value from the additional self-help steps it can pursue , and , provided Qualcomm remains undervalued , this should be immediately followed by aggressively deploying the remaining $ 5 billion , \u201d Jana said . A Qualcomm logo . In the past , Jana\u2019s been a strong proponent of accelerated stock repurchases amid large corporate transformations . Qualcomm shares were rising over 1.5 % to $ 70.47 in early Monday trading . \u201cOver the past several months we have been engaged in a constructive dialogue with the company regarding the steps it can take to restore investor confidence and unlock shareholder value\u2026 We expect that aggressive execution of the following steps , coupled with the realization of our favorable fundamental outlook for the business , will close the significant price to value gap reflected in the share price , \u201d Jana said . Jana calculates that Qualcomm trades at just 9-times earnings , when excluding the company\u2019s $ 30 billion in cash ."
        }, 
        {
            "key": [
                "global marketsasian shares extended gains", 
                "year highs tracking overnight gains", 
                "mandated telecom service providers", 
                "early indicator sgx nifty"
            ], 
            "summary": "It has mandated telecom service providers to offer a special roaming plan . Exxon Mobil gained 0.7 % while Chevron Corp gained 0.27 % . Fresh buying will trigger if Nifty manages to break 9130 in next 3 weeks of time . In such a scenario , we may even see the nifty very close to 8950/9000 in the near term . Expect weakness only below the level of 8680 , \u201d he adds.GLOBAL MARKETSAsian shares extended gains to hit fresh 15-year highs tracking overnight gains on Wall Street while loan payment of 450 million euros by Greece aided market sentiment . profit taking later in the day is likely to cap upside gains.At 8:30AM , the early indicator SGX Nifty was down 3 points at 8,806 ."
        }, 
        {
            "key": [
                "japan witnessed profit taking", 
                "lower crude oil prices", 
                "reduced retail prices", 
                "retail price"
            ], 
            "summary": "The midcap and smallcap indices are having a bad session of trade in line with the overall markets . The Nikkei was down 0.5 % while Straits Times was down 0.2 % . Shares in Japan witnessed profit taking after the dollar declined on the back of weak US economic data . IOC , HPCL and BPCL have reduced retail prices for petrol by Rs 0.80 a litre and retail price of diesel by Rs 1.30 a litre responding to lower crude oil prices . Among the banking heavyweights , ICICI Bank , Axis Bank and HDFC Bank has shed upto a percent each . TCS is trading at Rs 2594 , lower by 1 % , on the BSE ."
        }, 
        {
            "key": [
                "major today reported", 
                "hcl technologies fell", 
                "consolidated net profit", 
                "quarter ended march 2015"
            ], 
            "summary": "`` Selling is likely to emerge at higher levels in the morning session . For the NIFTY resistance is seen at 8461 above 8491 and 8508 . Support is at 27889 below 27868 and more . The benchmark Nikkei was up over 1 % led by exporter stocks such as Toyota and National Panasonic . Metal , Consumer Durables , Power , Capital Goods , Oil and Gas were among the top gainers.HCL Technologies fell and was down 10 % amid weak third quarter earnings . The IT major today reported a 12 % quarter-on-quarter ( QoQ ) decline in its consolidated net profit at Rs 1,683 crore for the third quarter ended March 2015 ( Q3FY15 ) ."
        }, 
        {
            "key": [
                "energy stocks performed strongly", 
                "hang seng index added 0", 
                "hang seng index continued", 
                "producer price index remained"
            ], 
            "summary": ", commodity prices were weighing on shares of some mining companies as iron prices remain depressed . In Japan , the benchmark Nikkei 225 index was up 0.3 % at 19,967.38 points.On Friday , the index traded above 20,000 for the first time since April 2000 . Shares in Asia were mostly up on Monday following gains on Wall Street and a week of highs in Asia . The Nikkei is up nearly 15 % this year.Australian shares were in positive territory with the S amp P/ASX 200 index up 0.6 % at 5,968.37 in morning trade . Japanese shares hit another 15-year high on Friday Investors were focused on Japan as the country is benchmark Nikkei 225 index traded above 20,000 for the first time since April 2000.In Tokyo , the index was down 0.1 % to 19,909.32 after hitting 20,004.99 in early trade.Investors hoped for larger shareholder returns and a recovery in domestic consumption.Shares were boosted by Wall Street ending higher after US energy stocks performed strongly.The Nikkei is up nearly 15 % this year.China inflation unchangedChinese shares were higher with inflation data coming in slightly above expectations.Consumer inflation stayed at 1.4 % in March compared to the same month last year , that was above market expectations of 1.3 % .China is producer price index remained in negative territory , down 4.6 % , with forecasts for a 4.8 % annual fall.The Hang Seng index continued its week-long rally , up 1.1 % to 27,252.32 , while the Shanghai Composite traded flat at 3,956.61 . `` Despite an extensive cost-cutting program ... the global supply-demand imbalance for iron ore has driven prices down to the point where it is no longer viable for Atlas to continue production , '' the firm said.In South Korea , the Kospi was up 0.25 % at 2,093.06.In China , the Shanghai Composite benchmark was up 0.86 % at 4,069.17 points in early trade after crossing the 4,000 mark for the first time since 2008 on Friday.In Hong Kong , the Hang Seng index added 0.35 % to 27,367.66 points after marking a seven-year high last week ."
        }, 
        {
            "key": [
                "market woes continued unabated", 
                "south korea gained upto 2%", 
                "dr reddys lab", 
                "report sharp decline"
            ], 
            "summary": "The company had reported a profit of Rs 1,915 crore in December 2014 quarter . The key benchmark indices in China , Hong Kong , Indonesia , Japan , Singapore and South Korea gained upto 2 % each . The market woes continued unabated this morning as both the the Sensex and Nifty hit their lowest levels in more than three weeks at 27,687 and 8,382 respectively . ITC has rebounded in the green , gaining 0.6 % at Rs 344 . HUL has lost another 3.3 % at Rs 883 and giving it company are Godrej and Brittania Industries . Cipla and Dr Reddys Lab have shed 0.7 % and 2.4 % each.After TCS and Mindtree , it was HCL Tech is turn to report sharp decline in margins ."
        }, 
        {
            "key": [
                "street forecasting sluggish revenue growth", 
                "shares witnessed profit taking ahead", 
                "witnessed renewed buying interest", 
                "thursday tracking overnight gains"
            ], 
            "summary": "Auto , Oil and Gas indices were among the gainers.IT shares witnessed profit taking ahead of fourth quarter earnings from TCS with the street forecasting sluggish revenue growth . Having said that , our overall positive bias is still intact we suggest traders to maintain buy on dips approach till the Nifty upholds above 8550 spot level , '' he adds.Further , foreign institutional investors were net buyers in equities to the tune of Rs 108 crore on Wednesday , as per provisional stock exchange data.Global MarketsAsian shares were trading mixed on Thursday tracking overnight gains on Wall Street . The Nikkei was down 0.5 % while Straits Times was down 0.2 % . The S amp P BSE Sensex was trading flat at 28,756 points at 1444 hours.Insecticides ( India ) have rallied 12 % to Rs 940 , extending its 15 % surge in past two trading sessions on the BSE , after the company fixes April 17 , 2015 as the record date for the purpose of issue of bonus shares.The board recommended the issue of bonus shares in the ratio of 1:2 i.e . ITC was trading flat.Capital goods witnessed renewed buying interest on recent commissioning of power projects and fresh order wins . `` Though this profit was impending after the recent up move in last two weeks pace of decline caught the participants\u2019 completely off-guard ."
        }
    ]
}