Morning Business News Round up_June 03, 2015

  • RBI Cuts Key Rate By 0.25%; Home, Auto Loans To Become Cheaper
  • Americans Want To Pop Indian Drug For 1% Of Cost
  • Chinese Economy Faces More Pain Than Gain This Year
  • India, Russia Witness Decline In Inflation Among BRICS: OECD
  • Greece Submits Bailout Plan, Creditors Say Not Enough
  • OPEC Hopes For Oil Price Recovery Despite Glut
  • RIL To Produce 23 Mmscmd From Gas Finds In KG-D6′
  • BSNL To Offer Free National Roaming From June 15′
  • Emami Buys Kesh King For Rs 1,651 Cr
  • Manage Food Prices To Contain Inflation: RBI
  • Some New Banking Licences By August, Says Rajan
  • BHEL Gets Largest-Ever Order Worth Rs 18,000 Cr
  • New H-1B Visa Norm To Impact Indian IT Firms
  • Petrobras And ONGC Find New Oil Reservoir Off Brazil’s Sergipe
  • RIL Realises Five Times Its Investment From Eagle Ford Midstream Sale
  • IMD Cuts Monsoon Forecast To 88%; Stokes Drought Fears
  • India’s First Energy-Efficiency Venture Capital Fund To Be Launched
  • Sun Pharma To Distribute Astrazeneca’s Cardio-Drug In India
  • Tea Board Targets Replantation On 40,000 Hectares
  • Nestle USA To Remove Artificial Flavours, Cut Salt In Some Foods

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  •  SBI, Allahabad Bank, PSB Cut Base Rate After RBI Lowers Repo Rate
  • L&T Sees $4 Billion Orders In A Sign Of Investment Revival
  • India’s Steel Consumption Expected To Rise 8-9% In FY16: SAIL
  • Power Grid Plans To Invest Rs22,500 Crore In FY16
  • Telecom Operators May Face Disincentives For Call Drops: Ravi Shankar Prasad
  • RBI’s Raghuram Hints At No More Rate Cuts In Near-Term
  • Sensex Tanks 661 Pts On RBI’s Cautious Stance, Drought Fears
  • Bajaj Auto Sales Skid 2 Pct In May To 3,45,438 Units
  • Indian Economy Transforming From Emerging To Resurgent: Pranab Mukherjee
  • Haryana Revises Vehicle Tax Structure, Cars And Bikes To Pay 5%, 4% Now

 

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