Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
Ø Global gaming app makers scrambling into Indian mkt
Ø Tata to drop DoCoMo from its telecom brand
Ø Invest-in-India story is a 5-10 year event: Jim Walker
Ø India’s investment climate better than BRIC peers: Survey
Ø Foreign fund inflows cross Rs 83,000 crore this year
Ø RBI snaps up $49.2 bn in Apr-Feb, highest in 7 yrs
Ø Sebi mulls bright line rules to define control in M&A
Ø Houston team heads to India for investment
Ø Power regulators demand civil court status to execute orders, levy penalty
Ø ONGC to take over Tapti gas field facilities
Ø India disappointed over non-implementation of IMF reforms: Jaitley
Ø Piramal now said to have invested in Shriram Group’s real estate business
Ø Woman director norms are for ‘gender diversity’: Sebi
Business Line – Mint
Ø ONGC ropes in Boots & Coots to control fire near Ankleshwar asset
Ø China again cuts reserve requirement ratio to spur growth
Ø Mumbai to be developed as a global financial centre: CM
Ø SEBI ups crackdown on money-pooling frauds; 92 firms face axe
Ø FTIL case: Company Law Board hearing postponed to May 15
Ø CCI okays merger of US firms MeadWestvaco, Rock-Tenn
Ø Reliance Industries to restart all fuel pump outlets by March 2016
Ø NMDC slashes iron ore prices by up to 20%
Ø CII backs govt’s Rs40,000-crore tax demand from foreign investors
Ø ONGC rushes crisis team to control gas well fire
Ø Nokia’s Alcatel buy: Japan, India to account for 18% revenue
Ø RBI said to oppose overseas settlement of debt
Financial Express – Financial Chronicle
Ø LIC buys Rs 300 cr Infosys shares in Q4, raises stake to 4.81%
Ø India issues fresh tax notice to Vodafone: Report
Ø VRL IPO subscribed record 74 times
Ø Net neutrality: Debate, don’t spread falsehood, says Bharti Airtel
Ø End of paper trail in e-filng of Income Tax returns; Aadhaar added
Ø COAI roots for net neutrality, access for Internet to all
Ø CII expects 0.75% cut in interest rates by RBI this year
Ø Compliance window on black money will be for a few months
Ø Sugar prices to remain under stress because of supply glut
Ø Take urgent steps for faster broadband penetration: Trai tells govt
