Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- KKR exits Bharti Infratel, sells entire 2.5% stake
- PE firm Providence to offload stake in Idea Cellular
- TCS Q4 PAT at Rs 5,773 crore, up 7.7% YoY
- S&P affirms BBB- rating on Airtel on spectrum buy
- Successful Indian cos fuelling UK economy: Study
- Tata Steel says no deal with UK unions; strike ballot to go head
- Govt to divest 15% stake in MMTC; to fetch about Rs 800 cr
- Oil marketing companies dip on cut in fuel prices
- RBI allows banks to offer differential interest rates on term deposits
- India has potential to grow at 10%: Jaitley
- ‘Fitch to look at fiscal consolidation, business environment for upgrade’
- Australia chases India trade deal as China slows, iron ore tumbles
- Govt wants to adjust Rs 4,500 cr worth shares of Cairn India against tax payment
Business Line – Mint
- Rolta India rejects US research firm’s ‘capex fraud’ claims
- NCDEX signs MoU with GIFT City for global commodity, derivatives exchange
- TCS announces one-time bonus of Rs2,628 cr for employees
- BHEL commissions 2,400 MW OP Jindal thermal power project
- HCC sells stake in Dhule Palesner Ø IndusInd Bank Q4 net profit rises 25% to Rs495 crore
- Mindtree Q4 profit falls to $20.7 million
- HUL to spend Rs100 crore on water conservation
- Reliance Jio to start voice, data services in five cities by June
- Mahindra in final stages of talks to buy Pininfarina
- Speculation over Saudi Aramco-Reliance oil deal as talks drag on
Financial Express – Financial Chronicle
- Future Group’s Kishore Biyani looking to offload stake in Pantaloons
- OilMin initiates collection of $195 mn penalty imposed on Reliance Industries
- National Pension System: Tax sops for govt staff
- TCS accused in US lawsuit of South Asian bias
- Many new a/c in India; but many dormant ones too: World Bank
- Ulips propel market share of pvt insurers
- Videocon Telecom eyes Rs 3,000 cr revenue in FY16
- Hero-invested company files for bankruptcy in US
- Rajan receives threatening e-mail, security beefed up
