Morning Business News Round up_January 29, 2016

Morning Business News :

  • Bharati Defense in talks with foreign cos for warship JV
  • Rollover of short positions hints at negative bias
  • Govt sets Rs 189/share as floor price for EIL stake
  • Indians 3rd biggest investor in US realty market at $8 bn
  • Govt may impose antidumping duty on plastic processing machine
  • Budget may offer TDS relief to taxpayers
  • India gets more voting rights as IMF implements quota reforms
  • Maruti Suzuki Q3 net up 27% at Rs 1,019 cr
  • FTIL enters stake sale pact with Dubai commodity center
  • Edelweiss Tokio Life Insurance to increase foreign stake to 49%
  • BSE seeks SEBI nod to proceed with IPO
  • China floods financial system with $52 bn to boost liquidity
  • Govt to get Rs. 726 crore via 2nd tranche of gold bond scheme
  • Bharti Airtel Q3 net profit falls 22% to Rs.1,117 cr

  • Tea production dips in 2015 on adverse weather
  • Punj Lloyd-Limak jt venture wins Rs. 2,780-cr Turkey order
  • Govt announces names of first set of 20 smart cities
  • Vedanta’s Q3 profit falls 99% to Rs17.91 cr; shares surge 5.32%
  • SC asks Adani Hazira Port to deposit Rs25 crore penalty on NGT order
  • FIIs not sold on IDBI Bank’s QIP proposal
  • ICICI Bank profit growth hit as bad loans, provisions rise
  • RBI seen easing only once this year as inflation climbs
  • Sensex, Nifty end flat on derivatives expiry
  • UK telecom fraud: 3 Wipro call centre staff arrested
  • Reliance Retail starts sale of its 4G LYF devices
  • Govt to award road projects covering 10k km this fiscal
  • Fed keeps rates unchanged, says ‘monitoring’ global economy
  • RBI to maintain status quo on rate: Citi
  • Tokio Marine allowed to hike stake in India JV to 49%

Today’s Wealth Mantra !

“ You’re neither right nor wrong because other people agree with you. You’re right because your facts are right and your reasoning is right-and that’s the only thing that makes you right.”

-Warren Buffett

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