Morning Business News :
- Car sales rise with high demand for Hyundai Creta & Mahindra TUV, two-wheelers under pressure
- China pips India in race for reserve currency status
- Need for more economic reforms in China, says IMF
- Gold scheme brings Rs 246 cr, RBI issues certificates
- Volkswagen’s US sales plunge 25% in November
- Alkem Laboratories fixes IPO price band at Rs 1,020-1,050
- BRICS bank to issue bonds
- D-St gung-ho on GST, most expect bill to go through in winter session
- Retail inflation may rise to 5.5% in Q4
- Cox & Kings sells 100% of issued, outstanding shares of Explore Worldwide Limited
- Coal India misses November production target by 4.42%
- IVRCL pins hopes on 18 months SDR moratorium to bounce back
- Bankers hint at lowering rates after Raghuram Rajan’s push
- Chennai airport temporary shut down due to rains, water reaches runway
- India Inc hails International Solar Alliance
- Standard & Poor’s keeps Bharti Airtel’s rating unchanged post capex plan
- AXA increases stake in Indian insurance joint ventures to 49%
- ATF prices cut by 1.2%, non-subsidized LPG rate raised by Rs61.50
- Institutional Shareholder Services changes stand, backs Maruti Gujarat plant project
- Weak rabi prospects cloud Bayer CropScience outlook
- Govt halts subsidy on CFL to encourage LED-based solar lights
- Concerns rise about sustainability of record low solar tariffs
- Motilal Oswal PE eyes ₹300 cr on exit from Mrs Bector’s Foods
- Manufacturing output at 25-month low in Nov on poor new orders
- FinMin sees GDP growth in “vicinity of 7.5%” this fiscal
- FMCG firms drop prices, create smaller packs to lure rural India
- TV18, CNN renew partnership
- Sanofi supplies injectable polio vaccine to government
- Cox and Kings sells UK unit to Hotelplan
- KG Block: RIL may have pumped 15% of ONGC’s gas, says consultant
- Benefits of IFRS would start to flow in 2018: Ian Mackintosh
- HDFC invokes Mallya’s shares worth Rs 40 cr in USL
- Yes Bank signs pacts worth $265 mn with US cos for SME lending
- Bihar can replicate the Kerala model and not ban beer: Shekhar Ramamurthy
Today’s Wealth Mantra !
“Derivatives are financial weapons of mass destruction.”
-Warren Buffett
