Morning Business News :
- Trai may propose increase in quantum of auction
- ECB keeps rates unchanged at record low as expected
- NSEL to pay Rs 1.66 cr fine in money laundering case
- RBI allows banks to sell India Gold Coins
- Vedanta pares down bond repurchase to $227 mn
- RBI caps number of transactions on pensioners’ a/c
- Adani may buy L&T’s Punjab power plant
- Bankers finalize new owners for Electrosteel
- Natco enters licensing agreement with Brystol-Myers Squib
- Hindustan Zinc’s Q3 net slides 24%, Q4 output seen muted
- Glenmark Pharma gets USFDA nod for two generic drugs
- IOC doubles crude oil buy from Nigeria on term contract
- Textile exports may cross $40 b this fiscal: Minister
- NSE shareholders fear revamp plans may delay bourse’s listing
- Reliance Capital in talks to divest stake in insurance biz
- IndiGo posts 24% rise in profit at ₹657.3-crore
- Citigroup’s slide in India M&A deals shows rise of local bankers
- Sebi panel suggests reforms to grow alternative funds industry
- Ratan Tata invests in baby products retailer FirstCry
- CREO raises $3 million from Sequoia Capital, others
- Sensex closes 100 points down on weak global cues, Nifty settles below 7,280
- Idea Cellular Q3 profit dips marginally to Rs 764.21 cr
- Tata’s JLR becomes UK’s largest car maker
- Oil prices fall near 2003 lows on oversupply, demand worries
- BSE market cap falls Rs 10 lakh cr in 2016 so far
- Emerging markets lost $735b in 2015: IIF
- Global stocks battered as oil pushes below $27
- Small cells the future of telecom tower infrastructure
Today’s Wealth Mantra !
“This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.”
–David Tepper
