Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- Australian banks willing to fund Adani’s coal project
- ‘Airtel Zero violates the principle of net neutrality’
- Financial shocks may grow as liquidity shrinks: IMF
- Greece government misses 2014 Budget deficit targets
- Tech Mahindra inks $150-200 mn deal with Comverse
- Food ministry for hiking import duty on sugar to 40%
- BHEL inks pact with Russian firm for power plant
- India, Canada seal uranium supply deal worth millions
- Steel, oil turnaround to lift Essar group’s fortunes
- India’s electricity generation crosses 1 trn units a yr, first time
- Mumbai airport sells Mallya jet to scrap dealer
- Petrol price cut by 80 paise per litre, diesel by Rs 1.30
- Foreign investors can buy up to 49% in Eicher Motors
- VRL Logistics’ IPO subscribed 62% on Day 1
Business – Line Mint
- ‘Australia wants to be India’s energy partner of choice’
- Govt to auction ONGC’s oil fields to private companies
- BASF India unveils its largest construction chemicals plant in Nellore
- Tech Mahindra to take on board some employees of Comverse
- Aurobindo gets USFDA nod to sell antibiotic oral suspension
- March WPI inflation declines 2.33%
- Nokia to buy networks rival Alcatel for $16.6 billion
- ECB holds key refinancing rate steady at 0.05%
- ITC tries short cigarettes as taxes hit demand
- HDFC Bank, the world’s most expensive bank, is a 20%-a-year growth
- L&T Infra Finance to raise Rs100 crore through bonds
Financial Express – Financial Chronicle
- Ecommerce not a bubble, to grow to $50 bn by 2020: UBS
- India builds first ‘smart’ city in Gujarat as urban population swells
- ‘Full capital acct convertibility will make India leading eco’
- Income Tax Dept publishes list of 31 big tax defaulters
- FM Arun Jaitley wants interest rates lot lower; no difference with RBI
- Foreign companies see turnaround in India, says CII DG
- Dr Reddy’s in a legal tangle over patent
- PFRDA to take view on Bajpai panel report in next 3 weeks
- Strides Arcolab gets USFDA nod for bowel cleansing medicine
