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FUTURE: BUY RELIANCE INFRA ABOVE 409.50 TGTS 411.50/414.50/418.50 SL 407

FOMC - Closing months of speculation, observation and for the 1st time in the decade, the US Fed Reserve's rate-setting Fed Open Market Committee (FOMC) increased its Fed Funds Rate by 25 basis pts from the 0-0.25 per-cent range to a target of 0.25-0.5 per-cent.

Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips

RCom - "Reliance Communications" is going to talk with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses for both of the companies. The idea is to mutually derive estimated substantial benefits of in-country consolidation, including operating expenditure (opex) & capital expenditure synergies & revenue enhancement, RCom told in a statement.