Wednesday, 10 February 2016

ECONOMIC NEWS HEADLINES

Economic Times
Ø European Union is in bad shape: Founding members
Ø US dollar to be blamed for economic slowdown: Reports
Ø Govt mulls 100% FDI in ecomm's mkt place model
Ø Essar Oil says “advanced talks” with Rosneft on
Ø Ambani, Pitroda elected to NAE for excellence
Ø 'Need $5 bn more to make biotech a $100 bn sector'
Ø Pentagon to spend $56.3 bn for 404 Lockheed F-35
Business Line
Ø ‘Bridge linkages’ to PSU coal mine allottees approved
Ø Bankruptcy code to have big impact on corporate governance: Jayant Sinha
Ø India needs road-map to phase out farm export subsidies: Teaotia
Ø LafargeHolcim gets CCI go-ahead for India divestment plan
Ø Bharat Forge Q3 net profit down 15.4%
Financial Express
Ø Foreign portfolio investors trim stake in 30 Nifty stocks in Q3
Ø PNB Q3 net nosedives 93% to Rs 51 cr
Ø Metal, IT stocks drag Sensex 266 points down
Ø Indian rupee again breaches 68-mark, down 26 paise to 68.20
Ø Banking, financial services segment ahead of companies overall growth: TCS
Business Standard
Ø DIPP pushes for 100% FDI in marketplace e-tail
Ø Trai warns of action beyond fine for discriminatory data rates
Ø Dr Reddy's Q3 profit marginally up at Rs 579 cr
Ø SAIL registers Rs 1,529-cr loss in third quarter
Ø Essar Oil posts seven fold jump in Q3 net at Rs 364 crore
Ø GAIL Q3 net up 10% to Rs 664 crore
Ø Den Network to demerge its broadband business
Mint
Ø PNB: explosion of bad loans bares ugly underbelly of public sector banking
Ø Tribunal stays CCI fines on IndiGo, SpiceJet
Ø Sebi wants to regulate warehouse service providers
Ø Hindalco net profit falls 89%
Ø Central Bank of India Q3 loss at Rs836.62 crore
Financial Chronicle
Ø Irdai recommends waiver of service tax on insurance premium
Ø IT stocks fall up to 5% on Cognizant's weak guidance
Ø Spot gold hits Rs 28k-mark after single biggest daily gain in the year
Ø Badal for 100% FDI in food products multi-brand retail
Ø Glaxo Consumer profit soars amidst flat sales growth
SOURCE Sh Trichur Vaidyanathan.

No comments:

Post a Comment