Morning Business News Round up_Feb 15, 2016

Morning Business News :

  • Foodgrain output likely to increase to 253 mn tonnes in 15-16
  • Tata Steel SEZ to invest Rs 2,000 crore in infra

  • Gas prices may dip 17% to $3.15 in April
  • Birla, Mahindra bat for conglomerate business model
  • FTIL-NSEL merger: 96% objections ‘orchestrated’
  • Govt may soon approve first ever capital goods policy
  • Sahara to take back truckloads of documents from Sebi
  • Jaitley hints at big banking reforms, but no full divestment from PSBs
  • RBI to go for 25 bps rate cut on Apr 5
  • Auto sector wants excise on large cars to be reduced to 20%
  • ITC to invest Rs. 800 cr in Odisha for hotel, food park
  • Auto exports from India decline 19% in January
  • Centre says over Rs21,400 crore worth MoUs signed at Make In India event
  • Government confident of passing GST, real estate bills in budget session: Naidu
  • Essar Group promoter Ravi Ruia denied permission to visit London
  • Anil Agarwal to invest $10 billion in Maharashtra to set up LCD plant
  • On-tap issue of bank licences soon: Raghuram Rajan
  • Gold trend says US Fed made policy mistake
  • Top 10 companies lose Rs 1.83 lakh crore in m-cap
  • Canara Bank Q3 net dives 87 per cent to Rs 85 crore
  • Taxman extends Cairn India share freeze
  • Service tax to be raised to 16% but with broader credit

Today’s Wealth mantra !

“Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.”

-Warren Buffett

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