Morning Business News Round Up_Mar 07, 2019

Morning Business News :

  • India may move to WTO against US over import sops
  • DHFL didn’t create shell companies: Audit report
  • CBDT notifies relaxed norms for start-ups
  • OECD cuts global growth forecast over trade, Brexit uncertainty
  • Biocon gets 6 observations from USFDA after inspection of its Bengaluru plant
  • NHPC pays Rs 527 crore dividend to govt
  • US trade deficit surges to 10-year high in 2018 at $ 621 bn
  • SC decision puts banks at risk of adding $25 bn to power sector NPAs
  • BoB, Dena, Vijaya Bank merger could open Rs 1,000 cr IT outsourcing window
  • Rs 25,000-cr infusion not enough to stabilise Bharti Airtel’s rating: S&P

Image result for bharti airtel

  • Grab raises $1.46 bn from SoftBank Vision Fund; $4.5 bn secured so far
  • Sugar production around 248 lakh tonnes till Feb 28: ISMA
  • Kerala govt moves HC against airport contract granted to Adani
  • Bombay HC asks NSL to deposit₹138 cr in MMBL-royalty issue
  • Philip Morris circumvented FDI ban on cigarette manufacturing
  • India requires pragmatic compulsive licensing system: Cipla
  • Govt bans import of solid plastic waste by SEZs, EOUs
  • Nomura sees GDP growth target below 7% in 2019-20
  • CBI seeks additional documents from ICICI Bank in Videocon loan default case
  • European Union says ‘no solution’ yet to break Brexit deadlock
  • Banks encash bond holdings to service rising demand for credit
  • India needs more globalization to boost wages: World Bank-ILO report
  • Donald Trump acts tough on India; US to withdraw zero duty import benefit on 1,784 items
  • February peak power demand rises 3% year-on-year
  • DoT panel divided on E&V band spectrum allocation
  • NELCO gets in-flight, maritime connectivity licence from DoT
  • Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude prices
  • Sensex spurts 193 points; Nifty closes above 11,000-mark
  • OECD lowers global growth forecast over trade tensions

Morning Business News Round up_January 13, 2016

Morning Business News :

  • Finance Ministry Rejects Railways Request For Rs 32,000 Crore As Revenue Grant
  • Fed Rate Hikes Must Be Tied To Price Pressures: IMF
  • Sugar Cess Ceiling Hiked To Rs 200 Per Quintal After President Nod To Bill
  • Industrial Output Declines 3.2% In November
  • December Retail Inflation Up 5.61%; Highest In New Series
  • TCS Numbers Disappoint Yet Again
  • 2-Wheelers May Be Asked To Leapfrog To BS-VI Norms
  • Rcom Asked To Pay Up Rs 5,384-Cr Spectrum Fee
  • Maharashtra Suspends Crushing License Of 12 Sugar Mills
  • China Allows 6 More Foreign Institutions Into Interbank FX Market
  • Larsen & Toubro Bags New Orders Worth Rs 1,247 Crore
  • Jaitley Urged To Give MGNREGA “Highest” Priority In Budget
  • Chinese Regulator Asks Banks To Cut Wealth Management Yields
  • Govt To Relax Mining Lease Transfer Rules
  • Oil India Declares Rs8 Per Share Interim Dividend, Govt To Gain Rs325 Cr
  • India’s Regulation Needs Modernization: Ratan Tata
  • Ultratech Considers Buying Stake In Kenya’s ARM Cement: Report
  • Bank Of Maharashtra To Raise Rs1,000 Cr Via Tier-II Bonds
  • Sensex Falls For Second Day, Down 143 Points
  • SC Reserves Verdict On PIL Against 4G Licences To RJIL
  • Indusind Bank Reports 30 Per Cent Rise In Q3 Net Profit

  • Mahanagar Gas Ltd Looking At Lower Prices For Late Night CNG Customers
  • Federal Bank Q3 Net Profit Falls 38.5 Per Cent, Shares Plunge Nearly 9%
  • PFRDA Takes Call Centre Route To Push Pension Scheme
  • Bankers Pitch For Raising Tax Break On Savings To Rs 2.5 Lakh
  • Oil & Gas Fields’ Sale Under New Model To Begin Soon
  • Mirae Asset MF Eyes Rs 5,000 Crore AUM By End Of 2016
  • Benchmark Indices Touch New 52-Week Lows
  • Bajaj Corp To Go For Acquisitions, Tap Rural Market For Growth

Today’s Wealth Mantra !

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

– Phillip Fisher “