Morning Business News :
- UAE to store crude in India’s strategic facility
- Kia, Daihatsu may enter Indian car market, could pose serious challenge to Maruti
- Janet Yellen warns of domestic, global risks to US economy
- EPFO plans one time bonus of Rs 750 cr in FY16
- Grant 5-yr tax holiday to manufacturing units in SEZs: CII to Govt
- USITC hearing on anti-dumping probe on steel products from India in May
- GlaxoSmithKline Pharma Q3 net up 76% at Rs 80 cr
- Ambuja Cements net dips 66% in Dec quarter
- SEC to vote on rules for swap dealers on US soil
- Tata Motors global sales rise 16% in January
- Abolish dividend distribution tax, says Raamdeo Agrawal
- Gold ETFs record Rs. 656 cr outflow in FY16; AUM down 8.5%
- NHPC net profit more than doubles
- Mercator sells Singapore arm for S$3
- Chinese internet firms offer $1.23 bn for Norway’s Opera Software
- ACC profit falls 69% to Rs102 crore
- Indian Overseas Bank Q3 loss widens to Rs1,425 crore
- ONGC mulls $500 million investment in Venezuelan field
- Identity theft biggest contributor to fraud: Report
- India Cements posts Rs5 crore profit in Q3, misses estimates
- Sensex slides for 3rd straight session, ends 262 points down, Nifty50 settles at 7,221; banking stocks fall
- India’s growth well below trend: Deutsche Bank
- Tata Consultancy bullish on BFSI segment
Today’s Wealth mantra !
“Never invest in a business you can’t understand” and “Beware geeks bearing formulas.”
-Warren Buffett