Morning Business News Round up_January 21, 2016

Morning Business News :

  • ONGC Fails To Reap Benefits Of Plummeting Crude
  • China’s Central Bank Plans To Launch Digital Currencies
  • Sudan Has Offered 3 Oil & Gas Blocks To ONGC Videsh
  • Oil Slump Sends Russian Rouble To All-Time Low
  • Coal India Unions Call For A Day’s Strike On Mar 29
  • MMTC Sells 10% Stake In Commodity Bourse ICEX For Rs 20 Cr
  • New Power Tariff Policy Supports Low Rates, Smart Tech
  • Government Begins Settling Dues Under ATUFS Scheme
  • CAD To Narrow To 0.5% Of GDP In 2016: Nomura Report
  • Union Cabinet Approves National Tariff Policy For Electricity
  • TRAI Doesn’t Like Facebook’s Free Basics Requests
  • Govt Approves Rs 5050 Cr Funding To Push Solar Projects
  • Cipla To Sell Hepatitis C Drug Daclatasvir
  • Titan Juxt Smartwatch Launched,

  • India Among Top 5 Most Promising Markets Globally
  • US Crude Falls Below $28 As IEA Warns Market Could ‘Drown On Oversupply’
  • Ultratech Net Up 36% On Lower Cost, Higher Output
  • New Textile Policy To Be Announced Within Next Few Months
  • Tata Steel Suspends Operations At Canadian Iron Ore Mining Project
  • Banks, Insurers To Align With Global Accounting Rules From April 1, 2018
  • Govt Raises Import Duty On Certain Medical Devices
  • Rupee Closes At Over 28-Month Low Of 67.96 Against US Dollar
  • US Stocks Sink As Oil Hits New Lows, S&P 500 Dips 2.91%
  • KKR, Birla Group Said To Compete For JP Associates’ Cement Assets
  • Axis Bank Q3 Profit Rises 14.5% To Rs2,175.3 Crore Even As Bad Loans, Provisions Jump
  • R-Com Pays Rs5,383 Crore To Dot As Spectrum Liberalization Fee
  • Sensex Falls 418 Points On Global Growth Worries, Nifty Settles Below 7,310
  • Reliance Infra Q3 Net Up 2.27% At Rs 463 Crore
  • JSW Energy Q3 Net Profit At Rs 321 Crore

Today’s Wealth Mantra !

“Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

-Warren Buffett

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