Morning Business News Round up_Mar 18, 2016

Morning Business News :

  • RBI eases rules for banks holding utilities debt
  • RBI, Royal Monetary Bhutan ink currency swap pact
  • Oil price recovery poses downgrade risk to OIL, ONGC
  • India starts diesel exports to Bangladesh via rail
  • Heineken may ask Mallya to step down from UB board
  • Airtel’s Videocon acquisition to boost 4G spectrum

  • Bharti Airtel rises to rjio challenge
  • US jobless claims edge up; current account deficit falls
  • ICRA pegs next spectrum sale proceeds at Rs 60-80k cr
  • Banks borrow a record Rs 2.66 lakh cr from RBI
  • India sets new steel quality standards; auto-grade imports exempt for 6 months
  • Suzlon bags 81.90 MW turnkey orders
  • Tata Steel taps hot metal from Kalinganagar project
  • Bank of England keeps rates steady, says sterling hit by EU vote
  • BSE public issue: existing investors may divest through offer for sale
  • Oil rallies towards $41, near 2016 high, on producer meeting
  • India’s growth recovery uneven; downside risks persist: Nomura
  • Nippon Life completes 14% stake buy in rcap AMC
  • Trade Smart Online launches margin funding arm Equimax
  • Arun Jaitley rejects Congress demand to cap GST rate
  • DLF sells Saket shopping mall to its own arm for Rs904 crore
  • Vijay Mallya seeks time till April to appear before ED
  • Kingfisher House fails to get any bids at SBI auction
  • Drug ban: Wockhardt and Laborate gets interim stay from Delhi high court
  • Vodafone Mobile Services moves Delhi high court against special audit
  • India needs 1,600 planes worth $224 bn in next 20 yrs
  • Sensex ends flat after soaring 250 points, Nifty settles at 7,512
  • Panel approves three-fold hike in IIT annual fees
  • Decision to amend Income Tax law retrospectively regrettable: Montek
  • Tough to achieve double-digit growth given global headwinds: FM
  • Deutsche Boerse and LSE in $30b European tieup

Today’s Wealth Mantra !

“The difference between playing the stock market and the horses is that one of the horses must win.”

― Joey Adams

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