Morning Business News Round up_Mar 14, 2016

Morning Business News :

  • DBS to buy RBS’ Indian onshore ops for Rs 1k-cr
  • Asian economies led by India to be major growth driver
  • Rajan wants global rules of conduct for central banks
  • Telecom cos seek service tax levy roll back
  • BSE gets in-principle nod for listing; IPO in 6-9 months
  • Sebi clampdown busts over Rs 15K cr worth tax evasion
  • Hope to pass GST, bankruptcy bill this session: Jaitley
  • Sebi to encourage listed firms to adopt dividend policies

  • Service tax levy on spectrum to increase tariff rates: COAI
  • Parliamentary panel on land bill to meet on Monday
  • Despite slowdown, China received $126 billion FDI in 2015
  • NMDC raises iron ore lump prices; first hike since June 2014
  • Central banks on watch as economics stumble, markets sway
  • India needs 115 mn non-farm jobs over next decade: President
  • Costlier food continues to hurt southern States
  • Pharmaceutical sector posts 12% growth in Feb: Report
  • Rajat Gupta released after completing 2-year prison term
  • Now, Vijay Mallya faces non-bailable warrant in h’bad court
  • RIL arm to invest Rs1,300 crore in Haryana for electronics hub
  • No gas pricing freedom for RIL if arbitration continues
  • ONGC plans $5 billion investment to develop eastern gas asset
  • Diageo to ‘review’ Tribunal order, says $40mn paid to Vijay Mallya
  • BSE looks to prevent trade reversals in equity derivatives
  • Top eight companies add Rs 21,296 cr in market valuation
  • Macro-data, Fed meeting on market’s radar
  • AUM doesn’t reflect true picture of mutual funds
  • Tata plant to produce 100% flat, higher strength steel
  • Etfs are the most simple, transparent of all products

Today’s Wealth Mantra !

” I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years”.

― Warren Buffett

current scheme