Morning Business News :
- SunEdison sells 425-Mw projects for $231 mn
- ‘Housing for All’ scheme to come with cheap power and water
- Railways eyes Rs 1.1-lakh cr fund for infra upgrade
- US FDA wants third-party audit of Dr Reddy’s units
- Axis Bank, Vistara to launch travel credit card
- ONGC to move on to next cluster in KG block
- Sandoz gets FDA rap over documentation at plants
- ED issues notice to NDTV for alleged FEMA violation
- Vedanta’s cumulative loss on Odisha refinery cross Rs 4,000 cr
- M&M launches new variant of New Age XUV500
- Volkswagen to invest ₹720 cr on India sedan
- Tata Motors unveils four new construction vehicles at Excon 2015
- Bain Capital expects ₹760 cr on exit from Hero MotoCorp
- DS Group expects Rs 100 cr revenue from new candy brand ‘Pulse’
- BGR Energy bags orders worth ₹300 cr
- PepsiCo India set to uncork the ‘good for you’ range
- Mallya emerges unscathed after USL AGM
- Idea-Videocon deal expensive but will cushion against RJio, Airtel attack
- Warburg Pincus joins race for MedPlus; General Atlantic also in fray
- TFS plans to strengthen India presence, lines up Rs 150 crore of investment
- CIL staff not keen to join strike; workers reluctant to sacrifice pay
- Vasudha Munjal plans expansion of chocolate brand Choko La
- ITC chairman YC Deveshwar elevates executives, opens up race for chairmanship
- Reliance Digital races ahead of Tata’s Croma in electronics retail
- Hyundai looking for new partner to bid for building LNG ships for GAIL
- Delhi’s private discoms BSES, Tata Power want to join debt-recast scheme
- Payment cos like Mobiwik, ItzCash among applicants for Bharat Bill Payment System
- Sistema Shyam Q3 loss narrows to Rs 406 crore
- Swiss drugmaker Roche launches costliest cancer drugs in India
- TAPI gas pipeline project to start from December 13
- USFDA warning letter flags serious breaches at Dr.Reddy’s
- Realty firms turn development managers for smaller companies
- Top 10 M&A deals of all time: Pfizer-Allergan ranks second
- Small NBFCs plan to build sales teams to draw customers
- Infosys board member and independent director Carol Browner steps down
- S&P calls for multi-pronged strategy to help banks tide over asset quality issues
- Wistron, Optiemus to set up manufacturing unit in India
Today’s Wealth Mantra !
“Wide diversification is only required when investors do not understand what they are doing.”
– Warren Buffett