Morning Business News Round Up_August 23,2016

Morning Business News :

  • Reforms hold key to upgrade of India rating: Moody’s
  • Govt expects Patel to keep inflation-growth balance
  • Rural economy to be big growth driver in next 2 yrs
  • New RBI chief Patel coming after PSBs’ $100 bn pacifier
  • UK to strengthen trade, business relations with India
  • Pfizer buys Medivation for $14 bn to boost cancer research with Xtandi drug
  • Birla Corp buys Anil Ambani’s cement biz at Rs 4.8K cr
  • Bonds lose steam on fears of hawkish RBI
  • Essar Oil eyes foray into LPG distribution biz
  • FM holds inter-ministerial meeting on banning sugar futures
  • Govt may bundle road projects to boost minimum investment size
  • Rupee falls to 1-month low of 67.19 on dollar strength
  • GAIL signs MoU with Bloom Energy for fuel cell power generation
  • NCDEX rejects 50% coriander on quality issues

  • HPCL profit up 30% in Q1 on higher inventory gains
  • Rains may not affect standing soyabean crop in M.P.
  • Energy efficient cos to share best practices at CII summit
  • Pledging of shares hit 7-year high in June
  • NCML to launch e- platform to trade warehouse receipt
  • Welspun India gets tangled in knots
  • Domestic airfares unlikely to fall much till September
  • India is world’s third biggest tech start-up hub: Study
  • RBL Bank’s IPO subscribed 3.08 times on day 2
  • HDFC Bank makes loan grab as bad debts hit rivals
  • Emami strives to turn around AMRI Hospitals
  • Sensex ends 91 points down, Nifty settles below 8,630;
  • FSSAI for healthy eating habit for kids, readies negative list
  • Goverment unveils portal for star rating of mines
  • Maharashtra to develop 10 airports as part of Central scheme
  • Maggi with 57% share regains top slot in noodles market
  • Fed close to hitting job and inflation targets: Fischer
  • Reforms to aid growth, banking sector risks remain: Moody’s
  • India, Germany sign pact on vocational training
  • Renesas seen buying US chipmaker Intersil for $3b
  • Assets managed by PMS industry top 10L cr mark

970x250