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 “

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