Morning Business News :
- PSB mergers top priority under banking reforms
- Tata Steel to restructure India biz to raise productivity
- Cairn India, Vedanta, PNB to exit from Nifty 50 from April 1
- Global investors hit by concerns over Europe, China
- Verizon to buy fiber-optic biz for about $1.8 bn
- GBP falls to near 7-yr low against $ on Brexit fears
- Most in RBI’s external panel recommended rates stay on hold
- Corporate India tightens criteria for investment in debt schemes
- FinMin entrusts Sebi to regulate gold exchange
- Comexes demand CTT exemption for commodity futures
- Sandoz Inc, Macleods Pharma recall 2 drugs made in India
- World Gold Council sells ‘Azva’ brand to PC Jeweller
- Centre to sell 5% stake in NTPC on Feb 23
- Top 20 PSU banks valued similar to five leading NBFCs
- Tata Motors changes hatchback Zica name to Tiago
- Reliance Comm gets CCI nod to acquire Sistema’s MTS
- Centre trying to resolve Vodafone tax issue: Prasad
- LIC buys shares worth Rs. 10,415 cr in 18 Sensex cos in Q3
- Rupee closes at fresh 30-month low of 68.61 against US dollar
- HSBC reports drop in profits from India business; tax enquiry continues
- India’s patent office says no to software patents, again
- India softens stance on Bay of Bengal free trade agreement
- BSE Sensex gains for fourth day, ends 80 points up, NSE Nifty settles above 7,230
- Equity MFs AUM hit 5-month low of Rs 3.45 lakh cr in Jan
- Rajesh Exports bags Rs 840 crore export order from UAE
- Installed solar power capacity touches 5,000 MW in January
- BSE says one-person company can act as stockbroker
- Raise import duty on steel to 25% in Budget: Ficci
- RIL deliberately extracted gas from its KG blocks: ONGC
- Over 90m Takata airbag inflators may face US recalls
- Saudi-Russia oil deal failed to stop biggest bull exodus
Today’s Wealth Mantra !
“Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.”
-Warren Buffett