Morning Business News Round up_Feb 18, 2016

Morning Business News :

  • Mobile operators urge Trai to clear the air on app-based pricing
  • Iran to go SWIFT to unblock $6 bn from India
  • Govt to auction at least three gold mines this year
  • Clean up should not push banks to the brink: Parekh
  • Maruti to increase production to meet rising demand
  • Europe bond crisis casts shadow on Indian banks
  • Govt identifies 100 mineral blocks for exploration to boost output
  • Govt to bring in law for construction vehicles industry
  • India approves WTO’s trade facilitation agreement
  • Dr Reddy’s Lab gains as board approves share buyback proposal
  • Glenmark gets tentative nod from USFDA for azelaic acid gel
  • AstraZeneca wins FDA breakthrough status for key cancer drug
  • Bharat Forge ships first titanium flap-track forgings to Boeing
  • FIEO seeks fiscal incentives, service tax exemption
  • Steel industry seeks special financial package
  • SEBI constitutes Justice Lodha panel for refunding PACL investors
  • Bourses ready to meet SEBI directive on trade order taking capacity
  • BAE Systems selects Mahindra for ultra lightweight howitzer assembly facility
  • Govt to inject more funds into public sector banks
  • Electrosteel Steels majority stake to be sold to First International
  • Bharti Airtel revamps Africa operations
  • Infosys says on track to meet $20 bn sales target by 2020
  • Sensex ends 190 points up, Nifty50 settles at 7,108
  • Cost-to-income ratio of PSBs at a decade high
  • Nissan issues termination notice for tech JV with Ashok Leyland

  • Quick Heal shares to list on bourses on Feb 18
  • Indian rupee’s free fall continues; ends at 30-month low of 68.47
  • CPI inflation likely at 5.6-5.8% over next 2 months: Deutsche
  • Petrol price down by 32 p/litre; diesel up by 28 p/litre

Today’s Wealth mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”

–Peter Lynch

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