Morning Business News :
- Budget 2016 may address retrospective tax concerns
- Rel Communications, Aircel rejig merger plan
- NPAs of pvt banks grow faster than those of PSBs
- DRI unearths over Rs 1,000 crore scam in rice export
- Govt comes out with draft norms for Euro VI emission standard
- Centre plans to revive Investment Commission
- HC to pronounce verdict on Trai’s tariff order on call drop
- India raises holding of US govt securities by $34 bn
- Vijay Mallya’s USL exit: Kingfisher Airlines lenders to move DRT
- Sebi board to discuss reform measures for AIF, start-ups
- Mindtree shareholders approve bonus shares, top brass rejig
- Kiran Mazumdar-Shaw backs move to have separate pharma ministry
- Reliance launches sub-Rs 7,000 LYF smartphones
- SEBI clamps down on over 40 illicit fund-pooling schemes
- Panel moots 3rd party certification to reduce the regulatory burden
- UltraTech buys JP group’s cement plants for Rs. 17,000 cr
- Su-Kam sees strong demand for rooftop solar power systems
- Banks Board Bureau to be set up with Vinod Rai as chairman
- Morgan Stanley fund marks down Flipkart stake value by 27%
- Vedanta wins India’s first gold mine auction
- NSE initiates listing plans, forms a listing committee
- Sembcorp launches 2,640 MW power complex in Nellore
- Govt asks RBI to pitch in for bank recapitalisation
- Implement schemes for farmers, says PM to states
- Global growth prospects clouded, need coherent response: OECD
- Ratan Tata invests an undisclosed amount in home rental startup NestAway
- Indian Hotels divests 1.24% stake in Belmond for $11.96 mn
- FinMin working to remove unwanted discretions in taxation
- Jaitley faces tough task of pleasing farmers, investors
- Indian equity market gives third worst returns for FPIs
- FDI up 40% to $29.44b in Apr-Dec FY16
- M-cap of top six companies takes Rs 41,673-cr hit
Today’s Wealth Mantra !
“ Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.”
― Warren Buffett
