Morning Business News Round up_Mar 10, 2016

Morning Business News :

  • Trai to review rules on energy-driven mobile towers
  • Govt to set up panel to review fiscal deficit target
  • Saudi seeks $6-8 bn loan to shore up state coffers
  • RBI may cut rates by 25 bps before next policy meet
  • BSNL debt at Rs 7,666 cr, MTNL’s at Rs 13,529.62 cr
  • Bet big in futures, SEBI allows more currency pairs
  • Mallya received part of Diageo funds in offshore accounts
  • Lupin completes $880 mn Gavis buy out
  • Trai extends deadline to submit call drops compliance report

  • Reliance Defense gets final clearance for 12 industrial licenses
  • RBI proposes rationalisation of merchant discount rate
  • Unichem gains on USFDA nod for Quetiapine Fumarate tablets
  • Reliance arm not guilty of insider trading in IPCL: SEBI
  • Over 90% FDI inflows came through automatic route in April-Dec
  • Solar installations in India to double to 4GW in 2016: Mercom Capital
  • Mahindra Aerospace to set up operations in UAE
  • Zydus Cadila gets US FDA nod to market Clofarabine Injection
  • Maharashtra FDA to test J&J’s cosmetic powder
  • Rupee erases intraday losses, closes higher against US dollar at 67.22
  • Hindustan Unilever settles with Kodaikanal workers affected by mercury factory
  • Lenders may sell majority stake in ABG Shipyard
  • Crompton Greaves sells overseas power business for $126 mn
  • China’s Steel, Aluminum export flood eases amid trade friction
  • Govt’s policy soon for large-scale solar equipment manufacturing
  • Sensex rallies for 6th day in a row, closes 135 points up, Nifty settles above 7,530
  • Maggi noodle samples found ‘sub-standard’ in UP, Nestle disagrees
  • Container Corporation of India OFS subscribed 1.31 times; 5 things to know
  • Maritime sector to create 1 cr jobs in 5 yrs: Nitin Gadkari

 

Today’s Wealth Mantra !

“Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”

― Warren Buffett

 

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