Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- ONGC upbeat as global oil prices crash
- India’s trade def with China to double in next 2 yrs
- Foreign funds get tax demands; bill may hit $10-bn
- Coal auction unlocks Rs 4,00,000 crore: Coal Secy
- Alibaba eyeing acquisition of Indian e-commerce firms
- Holcim eyed HeidelbergCement before Lafarge deal
- RBI’s first policy review of fiscal on Tuesday
- Govt to allow commercial mining to central, state PSUs
- Govt mulls steps to encourage use of Jan Dhan accounts
- Centre releases Rs 37,420 cr as first instalment of devolution
- Small traders want brokers to participate in FTIL offer
- Dena Bank plans lower price to sell around Rs 500 cr NPAs
Business Line – Mint
- 14th Finance Commission: 6 States get 54% of 1st tranche
- Rise in retail inflation may force RBI not to cut repo rate
- Coal India chief blames poor availability of rakes for lower growth in offtake
- Cadbury gets over Rs. 570-cr demand for excise duty evasion
- Titagarh Wagons seeks shareholders’ nod for raising Rs. 250 cr
- Sebi to act fast against errant investment schemes
- ONGC eyes Mexican oil and gas blocks
- NTPC to be 90,000 MW company in 10 years: CMD
- Canara Bank to get Rs1,500 crore fund infusion from LIC soon
- TCS to announce Q4 results on 16 Apr; HCL Tech, Infy to follow
Financial Express – Financial Chronicle
- Brokers under SEBI’s scanner for moving over Rs 500 cr abroad
- Switzerland ups black money vigil as India threatens action
- StanChart says India’s real growth ‘very elusive’
- Postal Dept incurs loss of Rs 7 a postcard, Rs 5 inland letter
- Economies on weak footing leave base metals tumbling
- Odisha to renew 18 iron ore mine licences
- Govt to keep tax disputes out of future agreements
- Iran-US nuclear pact does India a good turn
- Higher charges on bank savings hurt
