Morning Business News Round Up_October 13,2016

Morning Business News :

  • Rosneft deal: Billionaire Ruias stake in Essar Oil may dip 10%
  • Pakistan plans a bigger Saarc with China, Iran to end India’s hold
  • India receives 1st parcel of Iranian oil for storage
  • No fiscal worries, government spending won’t falter: Arun Jaitley
  • OPEC tries to build momentum for global oil freeze
  • US Fed hike to have only small impact on India
  • ZEE buys Rel Broadcast Networks for Rs 1,872 cr
  • SIT set to comb P-Note data for black money
  • New food norms to open up value-added market
  • FSSAI to issue food fortification norms on Oct 16
  • Sun Pharma recalls 31,762 bottles of drug sold in US
  • EU toughens testing norms on Indian aquaculture products
  • Solar sector attracts corporate funding worth $3 billion in Q3
  • Russia to drive non-OPEC output rise in 2017
  • BoJ policymakers signal higher threshold for further easing
  • PSBs losses may hamper ability to pay interest on bonds: Crisil
  • Inflation seen cooling to one-year low in Sept
  • Airtel takes on RJio with revamped MyAirtel App
  • IL&FS Engineering bags Rs. 162.6-cr order from GAIL
  • India is 4th largest investor in Qatar
  • Toyota’s Suzuki dalliance marks auto industry fight for survival

Image result for Toyota Suzuki dalliance marks auto industry fight for survival

  • China’s Baidu sets up $3 bn internet investment fund
  • Govt eyes merger of two big state-run banks after debt clean-up
  • Indusind Bank Q2 profit rises 25.7% to Rs704.26 crore
  • Crisis at Ericsson deepens as profits plunge 94%
  • ABB looks to make India export hub for power, automation technology
  • Hyderabad individual declared Rs 10,000 crore black money: Naidu
  • Railways to sign MoU with Germany for high-speed trains
  • Cisco goes bullish on India, unveils unit in Pune
  • Indian consortium eyes stake in Russian Arctic oilfield
  • Defence contracts worth Rs 50k cr on the anvil: Parrikar
  • Bharti’s debt to rise by $2b on spectrum buys: Moody’s
  • Solar sector attracts about $3b corp funding in Q3
  • IOC to lay India’s longest LPG pipeline

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