Here is a morning market glimpse of the important Market News from today across several business newspapers: –
Morning Market Glimpse – Economic Times – Business Standard
Ø Top nine Sensex companies lose Rs 83,209 crore in m-cap
Ø Telangana government to soon get forest clearance for 4000 MW power project
Ø Tata Motors sees commercial vehicles sales growth of 10-15% in FY’16
Ø Car sales surge 7% in February on better consumer sentiment
Ø Wipro plans to launch BPO service for the domestic market
Ø Mahindra merges own e-commerce venture into acquired firm
Ø Gold bounces back after hitting key support level of $1,145/oz
Ø Infosys donates £250,000 for Mahatma Gandhi statue in London
Ø Commercial mining of coal to be allowed
Morning Market Glimpse – Business Line – Mint
Ø India-EU FTA to get a boost from insurance liberalisation
Ø ‘MUDRA Bank will provide cheaper loans to 5.7 cr informal enterprises’
Ø TNPL’s mega packaging board unit to go on stream by year end
Ø 2 KK Birla Group firms to restructure businesses
Ø ITC may have to add profits to consumer playbook
Ø Govt to issue ownership rights of 15 coal mines on 23 March
Ø Cyanogen said to raise $110 million round without Microsoft
Ø Nikkei hits 15-year high on Fanuc gains; posts fifth straight weekly rise
Morning Market Glimpse – Financial Express – Financial Chronicle
Ø Rift in RBI may get worse as central bank set to clip Governor Raghuram Rajan’s wings
Ø JP Morgan may sell India mutual fund business
Ø Overseas inflows hit Rs 72,000 crore so far this year
Ø Red tape stifles India’s energy dream; just 15% PSC discoveries yield
Ø Lower utilisation levels to cut steel sector’s growth in FY15
Ø Inflation data, global cues to set tone for markets this week
Ø L&T hopes to win two power plant contracts next fiscal
Ø Air fares dip to Rajdhani levels ahead of peak season
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