Morning Business News Round up_Feb 16, 2016

Morning Business News :

  • Airtel, Reliance, oppose Trai directive to fix net speed
  • Govt keen to rope in Ratan Tata, NRN for Bank Board Bureau
  • U K Sinha gets extension as Sebi Chairman
  • Business transactions in GIFT City to cross $1 billion by June
  • DoT permits sharing of active telecom infrastructure
  • FIPB clears 10 FDI proposals worth Rs 607 crore
  • Sebi tightens norms for MFs’ exposure to riskier bonds

  • BoB might sell assets, tap foreign bond market
  • Tata to eye smaller diesel engines in wake of SC ban
  • BoB forex scam: RBI finds irregularities in banks’ transactions
  • China exports, imports slump by double digits in January
  • Indian power and coal sector a $1 trillion investment opportunity by 2030: Piyush Goyal
  • USFDA finds data manipulation, norm violations at 3 Ipca plants
  • RBI’s Raghuram Rajan says not in favour of devaluing exchange rate
  • India to add 1,504 MW solar power capacity by March-end
  • India’s exports fall for 14th consecutive month
  • US FDA calls for uniform drug global regulatory norms
  • Biocon gets European nod for Rosuvastatin calcium tablets
  • PSU banks gain ground; shares surge up to 9%
  • Oil marketing companies rally on strong results
  • PM Modi calls all-party meet to save Budget session of Parliament
  • Reliance Jio partners with eight telecom companies across the world
  • SoftBank plans record $4.4 billion buyback after share slide
  • Listed banks’ NPAs surge by Rs1 trillion in December quarter
  • LafargeHolcim getting strong interest for India plants, says CEO
  • Value buying, global cues help Sensex gain 568 points; BoB, Tata Steel shares surge
  • Japan economy shrinks more than expected
  • IOC, HPCL, BPCL shares surge upto 10% post Q3 numbers
  • Vedanta, Jindal Steel, Tata Steel gain upto 19% in Monday’s trade
  • Inflation cools to (-)0.9% in Jan as food prices ease

Today’s Wealth mantra !

“The four most dangerous words in investing are: ‘this time it’s different.”

– Sir John Templeton

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