Morning Business News Round up_Feb 19, 2016

Morning Business News :

  • Moody’s pegs India’s growth at 7.5% for next two years
  • Sebi notifies exit route for dissenting investor
  • Venezuela inflation hits 180.9%, GDP down 5.7%
  • RBI turns down NBFCs’ plea to sale NPS
  • OUIDF approves nine projects worth Rs 905.19 cr for ULBs
  • India is relatively less exposed to external headwinds: Moody’s
  • Govt considers ‘bad bank’ proposal despite doubts
  • Investment commitments worth Rs 15 lakh cr received during Make In India Week
  • Digital agri market platform to be launched on April 14
  • Pharma companies increase investments in biotech segment
  • Government to come out with new textiles policy by April
  • Mumbai to get nation’s 2nd International Finance Centre
  • Govt expects Rs 30,000 cr investment in 74 textile parks
  • Cipla completes $550 mn acquisition of two US firms
  • Discount broker SAMCO forays into margin funding
  • Slag cement to build highways can be game changer: Gadkari
  • NTPC arm ties up with German institutes for solar power research
  • PE/VC fund managers cheer move to allow pension funds to invest in AIFs
  • Coal India, world’s top coal miner, told to reform as import costs plunge
  • Tata Steel sweetens employee separation plan, number of retirees jump
  • Nestle sales rise at slowest pace in 6 years on Asian weakness

  • Sebi forms panel to refund Rs49,000 crore to PACL investors
  • Sensex ends 267 points up, Nifty50 settles at 7,192; Dr Reddy’s, Hindalco gain
  • FM may stretch fiscal deficit target to 3.8% in FY17: HSBC
  • Gold price falls on muted demand, global cues
  • MFs bullish on IT stocks; exposure at record high
  • Quick Heal Technologies shares down over 15% on debut
  • Moody’s pegs India’s GDP growth at 7.5% in 2016, 2017
  • Govt to buyback Rs 15,000 crore worth of bonds.

Today’s Wealth Mantra !

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.”

– Dave Ramsey

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