Morning Business News Round up_December 16, 2015

Morning Business News :

  • Fed Begins Two-Day Meeting To Decide On Rate Hike
  • Direct Tax Mop Up Shortfall To Be Rs 40Kcr This Fiscal
  • More Rate Cut By RBI Unlikely This Fiscal: India Ratings
  • Quoting PAN For Cash Payments Over Rs 2L Mandatory
  • Sebi Chief Asks Bankers To Promote Startup Listing
  • Nestle Moves SC Against Order On Maggi Samples
  • Welspun Group To Hive Off Yarn-Spinning Biz For Next Gen
  • Exports Fall For 12th Straight Month, Down 24.43% In Nov
  • LIC HFL To Acquire 19% Stake In LIC Nomura Mutual Fund AMC
  • ICRA Downgrades Outlook On United Bank Of India’s Rating To “Stable”
  • OPEC Expects Oil Prices To Rebound From $35 Per Barrel In A Year
  • Monetary Limit For Filing Appeals In Tax Cases Raised
  • Jaitley Appeals To Congress Leadership For GST Support
  • Indian Cos May Again Have To Pay Special $2,000 Fee On H-1B
  • Petronet To Offer Value-Added Services At Kochi Terminal
  • 80% Chance For Global Economic Recession In 2-3 Years: Birla Sun Life
  • Kenya To Roll Out Tax Incentives To Lure Investments
  • US Rate Hike May Pose Risks To Some Emerging Markets: Moody’s
  • Petrol Price Cut 50 Paise/Litre, Diesel 46 Paise/Litre
  • Softbank Venture Wins First Solar Power Project In India
  • Australia Court Rejects Bid To Stop Adani Coal Mine
  • L&T’s Infra Arm Receives Rs1,000 Crore From Canadian Pension Fund
  • General Motors India To Recall Over 1 Lakh Units Of Beat Diesel

  • Sensex Surges 170 Points Ahead Of US Fed Meet, Nifty Settles At 7,701
  • Paris Deal Window Dressing As India To Double Coal Production
  • General Electric Sells Japan Lending Unit For $4.8 Billion
  • Outflows To Go Up As Arab Swfs May Pull Out More: Credit Suisse
  • Rs 19k Cr Cleared For Amrut, Rs 250k Cr For 85 Smart Cities
  • Fortum To Light Up MP Village With Solar Energy
  • United Bank Seeks To Raise Up To Rs 1500 Cr Via Pref Issue
  • Natco Gets DCGI Nod To Launch Hepatitis C Drug In India
  • Dell Could Buy Back At Least $3b In Vmware Tracking Stock
  • Equity Mfs Give Investors An Edge Over Inflation

Today’s Wealth Mantra !

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

-George Soros

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