Morning Business News Round up_Mar 16, 2016

Morning Business News :

  • On Mallya trail, ED lens on his dad’s offshore trust
  • Finmin to meet recovery officers of psbs next wk
  • Falling exports, high deficits affect India rating: JCR
  • Over Rs 1 lakh crore disbursed under MUDRA Yojana
  • Indian workers face deportation under new UK immigration law
  • Sebi allows fpis to invest in reits under default
  • Agriculture sector grows by 1.6% in first 4 years of 12th Five Year Plan
  • Cairn Energy gets over Rs 29,000-cr tax demand
  • Prominent people hiding income as agri money: Govt
  • Sovereign, pension funds may invest $50 billion in India
  • Sebi gets cracking on scheme mergers
  • Government rules out loan waiver to sugar mills
  • Adani gets Queensland backing for Australian coal project
  • Govt’s red signal for new two-wheeler models in Delhi
  • Arcs to face capital challenges despite Budget booster
  • Expert seeks more budgetary provision to strengthen banks
  • HAL to manufacture Russian KAMOV Ka-226T helicopters
  • Steel market improving after MIP policy: RINL CMD
  • NCC to divest stake in Krishnapatnam power plant to Sembcorp Utilities for Rs. 352 cr
  • Oil prices fall as clouds gather over supply picture
  • PSU banks write off 38 accounts worth Rs8,033 crore
  • Oldest nuclear reactors at Tarapur near Mumbai may be shut down
  • Kingfisher Airlines brand valuer Grant Thornton now in dock
  • Spicejet to pass board resolution within 3 days for issuance of warrants

  • Sensex slips 253 points ahead of US Fed meet, Nifty settles at 7,460
  • Gold imports contract 29.5 per cent to $1.39 bn in Feb
  • Parliament passes Real Estate Bill; homebuyers to gain
  • Crude oil will remain range-bound; Good time for India to stockpile oil assets
  • RCAM to be renamed as Rel Nippon Life Asset Management
  • Solar tool launched to select power components
  • Aurobindo gets final USFDA nod for osteoporosis drug

Today’s Wealth Mantra !

“Perfection does not mean error less . Real perfection starts with real intention and ends with delivery, all driven by seeking knowledge, trial & error and investing emotions. Whatever delivered after that is perfect .”

― Sameh Elsayed

current scheme