Here is a morning market glimpse of the important Market News today across several business newspapers: –
Morning Market Glimpse – Economic Times – Business Standard
Ø CAD doubles to $ 8.2 bn in Q3; analysts see better nos ahead
Ø SBI sells 4% stake in Cibil to IIFL for around Rs 72 cr
Ø Indo-US trade could reach $ 500 billion: Ed Royce
Ø RBI buys $12.2 billion from markets in January
Ø Pipavav deal: Rel Infra makes Rs 1,263-cr open offer
Ø RIL is India’s largest co with Rs 3.68L cr assets
Ø ‘Sugar production likely to rise by 8% to 26.5 MT’
Ø Lok Sabha clears Land Acquisition Bill
Ø Jaitley to meet heads of PSU banks today
Ø India’s CAD narrows to 1.6 % of GDP in Q3
Ø Govt revives plan to set up 1.3 mn tonne urea plant in Iran
Ø JSW Steel scouts for acquisitions
Ø Majority FTIL shareholders object to NSEL’s amalgamation
Ø Telenor, Tata Tele merger talks reach final stages
Morning Market Glimpse – Business Line – Mint
Ø EU ready to discuss outstanding trade issues with India
Ø Boosting liquidity may help banks lower lending rates
Ø At Rs 1,000 cr, Essar Steel’s pipe mill order book up 25%
Ø SEBI-FMC merger could renew hopes for silver, precious metal ETFs
Ø L&T unit wins orders worth Rs. 1,242 cr
Ø Asian Paints to set up Rs. 1750-cr greenfield plant near Vizag
Ø Govt set for record proceeds from spectrum auction
Ø Qualcomm to buy back $10 bn of stock, increase dividend
Ø SSTL bets record copper on Narendra Modi’s spending plan
Ø Dr. Reddy’s in talks to buy UCB India business for $135 mn: report
Ø Germany’s Boehringer loses India patent on lung drug to Cipla
Morning Market Glimpse – Financial Express – Financial Chronicle
Ø Unitech to pay penalty for Gurgaon project delay
Ø NMDC cuts iron ore prices by Rs 300-550/tonne on weak demand
Ø HCL Tech stake sale: SNF rakes in Rs 1,109 crore
Ø Maharashtra’s beef ban to boost chicken sales
Ø Adlabs Ent allots Rs 60-cr worth shares to anchor investors
Ø Telecom stocks in limelight; Bharti Airtel surges 7%
Ø Infosys opens new 250-seater BPO in Puerto Rico
Ø Engaged with Indian govt on tax dispute: Cairn
Ø BSE, S&P to launch AllCap index for Indian markets
Ø Maruti Suzuki recalls 33,098 units of Alto 800, Alto K10
Ø Top companies shed assets to reduce debt.
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