Morning Business News Round up_Mar 04, 2016

Morning Business News :

  • Tata firm in talks to buy JP Morgan MF’s India assets
  • Adani may buy Jindal Power; valuation at Rs 20K crore
  • Infy on track for industry-leading growth in FY17
  • India touches an all-time high on deal street
  • Birlas move court over takeover of cement biz
  • Oil’s squeeze spreads from Gulf states to banks
  • Anti-dumping duty likely on a chemical imports from 6 nations
  • DRT to decide on plea seeking Mallya’s arrest today
  • Firms rush to declare interim dividend to avoid dividend distribution tax
  • Govt to shortly issue 3rd tranche of gold bond scheme
  • Start-up driven PE/VC deals hit $16 bn mark in 2015
  • US to have full reciprocity with India on tax info under FATCA
  • Yes Bank buys over 5% stake in advisory firm iias
  • TPG group said to disagree with Anil Ambani over tower value
  • Govt to hike gas price for ONGC, RIL
  • SEBI okays Nippon’s plan to hike stake in rcam
  • Wind energy players expect new policy to provide major trigger for growth
  • Aadhaar Bill introduced as a money bill in Lok Sabha
  • Maruti hikes prices by up to Rs34,494 to offset infra cess
  • Flipkart launches payment wallet to take on Paytm, others

  • Yes Bank acquires 5% stake in proxy advisory firm iias
  • DCB Bank acquires 5.81% stake in Annapurna Microfinance
  • Sensex rally continues for 3rd day, ends 364 points up
  • Drop in global oil prices a windfall for Indian economy: IMF
  • HSBC sees year-end rupee at 69 against US dollar
  • Services sector activity falls to 3-month low in Feb
  • Amid volatility, NSE February average turnover at all-time high
  • Sterling and Wilson looks to expand to Africa
  • STT hike will fetch about `125 crore more in FY17
  • Coal India to buy back 5% govt stake next year
  • morth cancels Zojila tunnel contract to IRB
  • Firms hurry to beat clock on dividend tax

 

Today’s Wealth Mantra !

“How many millionaires do you know who have become wealthy by investing in savings accounts?”

-Robert G Allen

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