Morning Business News :
- Economic growth seen picking up, RBI may hold rates steady
- Yes bank sells United Breweries shares pledged by Vijay Mallya to Heineken International
- Delhi HC turns down Bayer’s plea against Dr. Reddy’s Labs’ anti-stroke pill
- Welspun Group to sell its renewable energy business, appoints Barclays to look for a buyer
- Coca-Cola likely to enter pure dairy segment, to compete with Amul, Britannia and Nestle
- 30 lenders of Essar Steel agree to move Rs 14,500 crore of term loans under 5:25 scheme
- SpiceJet to choose between Airbus & Boeing for plane order
- Yes Bank invokes UB shares worth Rs 778 crore
- Nestle India may consider second interim dividend
- Telecom, I&B ministry to use broadcast airwaves for mobile services
- Gems and Jewellery exports dip 18% during April-October
- Emami to hike paperboard investment to Rs 2,000 crore in 3 years
- Domestic construction equipment industry to grow to $15 billion by 2020
- Mankind Pharma to invest Rs 200 crore to open 2 plants by mid-2016
- Government in talks with various markets to accept Indian drug norms
- Amul expanding processing capacity, distribution reach
- Patanjali to invest Rs 1,000-crore on expansion: Baba Ramdev
- International proxy firm Glass Lewis supports Maruti’s Gujarat plan
- Chennai rains dent logistics, auto companies supply chain
- Trai issues consultation paper for spectrum auction
- Government bats for revising RPO target to 10% by 2022
- Biocon’s revenue could hit $1 bn in four years, says Kiran Mazumdar-Shaw
- Cipla inks investment pact with FIL Capital Investments
- Sebi penalises Polaris promoter Arun Jain for insider trading
- Novartis said to consider selling contact lens care division
- Delhi HC allows Hoffman’s appeal against Cipla for lung cancer drug patent
- Fortis buys Religare Health Trust for $15 million
- Pipavav Defence to exit corporate debt restructuring
- Plea filed against Volkswagen for flouting emission norms in India
- Oil majors queue in Iran as $30 billion of projects in play
- Top MFs eyeing a 24% stake in Jamna Auto
- Vedanta, Hindalco dropped from Sensex; Adani Ports, Asian Paints added
- Gas transmission firms clock gains on back of favourable policy
- Emami to hike investment in paper boards to Rs. 2,000 cr
- NuPower commissions 30 MW wind farm in Maharashtra
- Mitsubishi Electric opens $8 m propulsion unit in Bengaluru
- German auto components maker RLE plans to grow India revenue to €20 m
- Japan to extend Rs 5,479-cr loan for Chennai, Ahmedabad metro rail projects
- BSNL to expand Wi-Fi services to more AAI-run airports
- Norms for increasing bio-diesel, bio-CNG usage by Dec: Gadkari
- Australian govt gives nod for uranium supply to India
- Vedanta’s loss on Odisha refinery crosses Rs 4,000 cr
- Food safety regulator and industry at loggerheads again
- Govt to advance higher vehicle emission deadline by three years
- Land Rover phases out its cheapest SUV Freelander 2
- Varanasi villagers blame Coca-Cola for water scarcity
Today’s Wealth Mantra !
“Wide diversification is only required when investors do not understand what they are doing.”
– Warren Buffett
