Here is a morning market glance of the important News across several business newspapers: –
Morning Market Glance – Economic Times – Business Standard
Ø Euro dives under $1.06 for first time since 2003 as QE bites
Ø Bond purchases will boost benefits from reforms: ECB
Ø Indian banks late in passing on lending rate cuts: IMF
Ø ‘OVL may acquire stake in two Siberian oilfields’
Ø Govt asks GAIL to remit incremental KG-D6 gas price monthly
Ø No official, Kumar Mangalam Birla pursued any unlawful means: Hindalco
Ø Steel sector loses coal blocks to aluminium, cement plants
Ø Sick PSU banks can put you in trouble, IMF warns India
Ø LIC to invest Rs 1.5 lakh crore in Indian Railways over 5 years
Ø Cairn Energy files arbitration notice in Indian tax dispute
Ø Maharashtra govt to take action against illegal mobile towers
Ø MTNL submits revival plan to DoT, to invest Rs 805 cr as capex in 2015-16
Ø Mines, coal Bills sent to select committees of Rajya Sabha
Morning Market Glance – Business Line – Mint
Ø Court summons former PM as accused in Hindalco coal allocation case
Ø TechM fixes March 20 as record date for bonus & stock split
Ø Unfazed by US objections, Centre to go ahead with buy-local rule for solar
Ø Trade unions to protest investment of PF money in equities
Ø Post-Budget: Jaitley to address SEBI board on March 22
Ø Educomp gets nod to issue equity shares on preferential basis
Ø IMF says India to grow 7.2% in current fiscal
Ø Govt said to mull quality restrictions on steel to curb imports
Ø Govt allows 7 PSU banks to raise capital from market
Ø Adani, GVK win Queensland backing to expand coal port in Australia
Ø Adlabs Entertainment IPO subscribed 18% on second day of offer
Ø Bombay high court adjourns FTIL matter till 16 March
Morning Market Glance – Financial Express – Financial Chronicle
Ø Investors take refuge in pharma, FMCG as markets take a beating
Ø Growth to suffer as Cairn cuts FY16 capex plan: Nomura
Ø Mars to invest Rs 1K crore to set up first plant in India
Ø MHA conducting background check of new owner of SpiceJet
Ø Pipavav Defence deal: Reliance Infra makes Rs 1,263-cr open offer
Ø First solar flight aims to garner support from India
Ø Centre firm on GST deadline, industry doubtful
Ø Banks can reverse provision on NPAs sold before Feb ’14
Ø Telecom spectrum bidding hits Rs 96,000 crore mark
Ø Merc India targets double-digit growth
Ø Currency F&O turnover declines for second year
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