Morning Business News Round Up_ Dec 20, 2018

  • Govt to seek interim dividend from RBI: Subhash Garg
  • RIL seeks clarification on DoT rejection of Rcom deal
  • Maruti may stop producing BS-IV models by Dec 2019
  • Shell to acquire 49% stake in Cleantech Solar
  • Additional capital infusion likely in PSU banks: Garg
  • India, Iran find a way to get around US curbs
  • High cost of banking services hindering financial inclusion: NITI
  • IDFC First to hinge on branch expansion, ‘retailization’ and integration
  • Parliament panel questions approval for RIL’s gas fields in KG-D6
  • Sliding oil prices, RBI’s open market operations buy propel Rupee, bond
  • Madras HC stays I-T demand notices on Aircel, Dishnet Wireless
  • GST on financial inclusion services by BCs likely to come under review
  • Loan waiver won’t root out farm distress, says NITI Aayog chief
  • CBI arrests eight officials of PNB in fraudulent LoU case
  • Glenmark forays into branded dermatology segment in US
  • Vivriti Capital secures ₹200 cr from Creation Investments
  • Market slowdown prompts Maruti to trim sales forecast
  • RBI’s monetary policy committee cautious on inflation: Minutes
  • GSK to split after folding in Pfizer consumer unit
  • DGCA monitoring Jet Airways’ financial health, safety issues
  • Canara Bank to raise up to ₹3,000 crore via Basel-III compliant bonds
  • Oil prices near 15-month low on signs of surplus and economic concerns
  • India to become fifth-biggest economy in 2019, says study
  • Tata Motors liable to pay tax for possession of chassis, says SC
  • Vijay Mallya intends to appeal against UK court’s extradition verdict
  • Increase India’s share in international tourist arrivals to 3 pc by 2023: NITI Aayog
  • British government to activate full ‘no-deal’ Brexit preparations
  • Srei to take the NCD route to raise Rs 300 crore
  • 25% dip in rabi sowing worrisome: Crisil
  • Staggered payments can reduce fiscal stress of states waiving farm loan
  • Fivefold rise in public grievances in 2014-2017, says govt

Morning Business News Round up_December 22, 2015

Morning Business News :

  • Indian Tech Firms Paid $22.5 Bn Taxes In US
  • Government Introduces Bill For Bankruptcy Law In Parliament
  • Iran Woos Indian Refiners To Drive Oil Sales In Cut-Throat Market
  • SBI To Raise Up To Rs 12,000 Crore By Tier-II Bonds
  • $12 Bn Deal Signed In China To Make 1.5L Electric Cars
  • DRI Investigating Over Invoicing Of Imported Coal
  • Excise Exemptions May Be Whittled In Budget
  • Oil Dips To 11-Year Low; CLSA, Goldman Sachs See $20 Levels
  • Glenmark Ends Patent Dispute For Anti-Depression Drug Savella
  • M&M, Tata Motors, Maruti Team Up To Develop Components For Hybrid, E-Vehicles
  • Toshiba Warns Of $4.5 Bn Fiscal Loss As Shares Slump 9.8%
  • Godrej Agrovet Buys Majority Stake In Creamline Dairy
  • HDIL Sells Land Parcel In Kurla To Dheeraj Realty Arm
  • Strides Shasun Gets DCGI Nod For Manufacturing Hepatitis Drug
  • RBL Bank Raises Rs488 Crore In A Pre-IPO Round Of Fund-Raising
  • Sun Pharma Stock Falls 4.5% After US Regulator’s Warning
  • Sebi Seeks Status Report On Basic Services Demat Accounts
  • R-Com Sells 150 Residential Flats In Navi Mumbai For Rs330 Crore
  • Retailers Expect Robust State-Wise Retail Policies In 2016
  • Sensex Closes 217 Points Up At 25,736, Nifty Settles Above 7,830;
  • Icra Doubts Faster Monetary Transmission Under RBI Norm
  • India To Offer Site In Andhra Pradesh To Russia For Nuke Plants
  • Spicejet Records Highest Seat Factor Among Domestic Airlines

  • Brent Crude Falls Almost 2 Per Cent To 2004 Low
  • New RBI Norm For Rate Calculation Credit Positive: Moody’s
  • FIPB Clears Eight Proposals Worth Rs 1,200 Crore
  • Foreign Firms Cash Out As Mfs Near Rs 15 Lakh Cr Mark
  • RBI For Fewer Categories Of Nbfc’s For Better Coordination
  • Cipla Launches Generic Hepatitis C Drug In India

Today’s Wealth Mantra !

“The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.”

-Mark Skousen

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