Morning Business News Round up_Mar 02, 2016

Morning Business News :

  • IDBI keen to tie up with NSDL for payments bank
  • SC to hear plea against P Chidambaram on Ishrat Jahan
  • Govt approves Adani Ports’s proposal to club three SEZs in Gujarat
  • Budget impact: Rush of interim dividend payouts likely
  • GAAR to bring tax clarity for overseas investors
  • Govt to consider partial rollback of tax on EPF withdrawals
  • Cipla transfers consumer healthcare business to subsidiary

  • Steel prices to increase by Rs 2,000 a tonne
  • Hindalco, Nalco to get price hike room after customs duty hike
  • Budget moderately positive for all sectors except PSBs: Moody’s
  • PlanMin allocation cut 86% for financial year 2017
  • Korean agency sees surplus monsoon for India
  • Defence Ministry seals 44 deals worth Rs. 40,000 cr in FY 15
  • Sahara’s Amby Valley reopens after payment of tax dues
  • Restriction on FIIs may impact Tata Chemicals
  • Regulatory issues stall Tata Communications plan on Neotel exit
  • India’s manufacturing PMI expands for a second month in February
  • Jaguar Land Rover’s 2015-16 pretax profit set to halve
  • DLF pushes ahead with REIT listing plans
  • IRB says govt has cancelled award of Zojila Pass tunnel project
  • Centre can’t stop us from exporting crude: Cairn India to HC
  • ATF price up 12%; non-subsidised LPG rate cut by Rs 61.5
  • Indian rupee firms up 57 paise to 3-week high of 67.85 vs US dollar

Today’s Wealth Mantra !

“More money has been lost trying to anticipate and protect from corrections than actually in them.”

-Peter Lynch

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