#Market News as on April 22, 2016.

Market news

Business Standard
Ø  Bad loan-laden banks get a brief respite from RBI
Ø  Wipro's Q4 consolidated net profit at Rs 2,240 cr
Ø  State-run cos likely to launch masala bonds worth $1 bn in UK
Ø  Crude oil import bill halves to $64 bn in 2015-16
Ø  US opens probe linked to Panama Paper revelations
Ø  Low oil prices may help cos improve performance: SBI
Ø  Services sector driving Indian economy: President

Ø  Small, medium-sized UK firms face 35.6 billion pound Brexit hit
Ø  Govt calls on developed world to tax coal for climate fund
Ø  Tata Steel UK staff to bid for Welsh business
Ø  Bharti Airtel plans to sell 5% in tower arm Bharti Infratel
Ø  Essar Steel bags letter of intent to develop iron ore block in Odisha
Ø  India set to sign climate change treaty on Friday
Business Line
Ø  March quarter sees churn getting more cemented in Prism Cement, Heidelberg
Ø  India fastest growing services economy: CII-KPMG report
Ø  Tyre makers seek steps to halt surge in imports, dumping
Ø  'Tata's Port Talbot steelworks in possible management buyout'
Ø  R Rajan warns against ‘euphoria’ over fastest-growing tag
Ø  Foodpanda.in plans fresh round of investment
Mint
Ø  Wipro’s Q4 profit falls 1.6% to Rs2,235 crore; Rs2,500 crore share buyback approved
Ø  Saudi Arabia close to securing $10 billion bank loan
Ø  India to appeal against WTO solar ruling in next few days
Ø  PSU oil firms to spend Rs2,500 crore to open 3,100 fuel stations
Ø  Nearly half of Indians survived on less than Rs38 a day in 2011-12
Financial Express              
Ø  Sensex, Nifty end flat in volatile trade; Metal stocks surge
Ø  Govt to set up social security scheme's platform: Sinha
Ø  India likely to face another year of uneven growth: DBS
Ø  Aston Martin sports car Rapide launched, priced at Rs 3.29 cr
Ø  Biocon Inc recalls 5,505 bottles of Simvastatin tablets in US
Ø  Rs 11.4 lakh-cr worth projects stalled till March: ICRA

Financial Chronicle
Ø  US think tank launches India-US trade initiative
Ø  'No govt intervention on surge pricing necessary'
Ø  'We are in early stages of long-run bull market'
Ø  Jaitley defends appeal in Vodafone tax case
Ø  Rupee jumps 33 paise to close at 66.22 vs dollar
Ø  Compat sets aside CCI penalty on the airline: SpiceJet