Morning Business News :
- RBI to come out with ‘reasoned response’ on IIP decline
- AstraZeneca may launch innovative drugs in India
- Banks to issue second tranche of gold bond scheme
- Project delays force ONGC to cut capex by Rs 4,800 cr
- IOC, HPCL, BPCL plan country’s biggest oil refinery
- NSEL recovers Rs 1,233 crore from 23 traders
- Vedanta Resources to buy back bonds worth $500 mn
- Piramal in talks to sell 20% in OTC drugs business
- Inflation, corporate profit trends key to growth: Moody’s
- India’s rating not to change immediately on deficit math
- Suzlon forays into solar power with 210 Mw project in Telangana
- Govt unveils Rs 8,800-cr crop insurance scheme
- Warm winter may cut India’s wheat output for second straight year
- Government pins hope on Budget session to pass GST
- RCom slams stock exchanges’ notification on price movement
- India to remain among the fastest growing economies in 2016
- Apex court seeks clarification on Maggi samples in 8 weeks
- NCDEX launches app to book warehouse space
- Texmaco Rail & Eng buys 55% stake in Bright Power Projects
- ITC Paperboards division strengthens farm forestry initiatives
- US hikes H1B, L1 visa fee; to hit Indian IT companies
- IOC says to invest up to Rs18,000 crore in 6 refineries
- Foreign investors steer clear of Indian state bonds on power debt shift
- Hindujas close to buying distressed infra assets
- Tata Motors seeks image rebirth with Messi-endorsed hatchback Zica
- Tata Motors to buy back NCDs worth Rs450 crore
- ‘Emerging economies’ outlook more worrying than China’
- 92% Indians perceive climate change as a major threat: Survey
- Non-financial companies to gain from healthy GDP growth: Moody’s
- Sebi eases delisting norms for small companies
- Small savings rates likely to be slashed by 25-50 bps
- BP gets approval to sell jet fuel to airlines in India
- Airtel to sell 2 operations in Africa to France’s Orange
- Worldwide PC shipments dip fourth quarter in a row
- Spectrum sharing isssue yet to be finalised
- Irdai issues draft norms on agent commissions
- Karur Vysya Q3 net up 34% at Rs 153 cr
Today’s Wealth Mantra !
““Derivatives are financial weapons of mass destruction.”
– Warren Buffett