Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- IRFC may raise Rs 6,300 cr via rupee-denominate bonds abroad
- India retains third slot in global steel production in Q1
- Govt relaxes rules for sugar exports to EU, US
- ‘Untimely rains, hailstorm hit 9.38 mn hectare of farmland’
- CAD may decline to 0.9% of GDP in FY15: Report
- ‘Won’t relent on Rs 40,000 cr tax demand on FIIs’
- Government may hike sugar import duty to 40%
- Cabinet note moved for amendments in Consumer Protection Act
- Investment banks order forensic audit of promoters, key management staff
- Daiichi exits Sun Pharma in India’s largest bulk deal
- Teva offers to acquire Mylan at $82 per share in cash, stock
- Govt to auction 69 marginal fields owned by ONGC, Oil India
- Moody’s sees RCom as vulnerable to rupee depreciation
- Subsidy exemption to state-run oil companies may continue in FY16: Oil Ministry
- Centre gives partial relief on mining leases
Business Line – Mint
- China sees first default on bond by state-owned firm
- RIL’s credit metrics to improve over two years: Moody’s
- Jaitley to meet state Finance Ministers on Wednesday
- Egis to make India the base for Middle East operations
- Claris gets nod to sell 50 ml PVC pack of Fluconazole Injection in US
- House panel recommends price caps for all drugs
- RBI considering ways to link e-commerce to banking sector
- Wipro brings Rishad Premji on board
- HCL Tech Q3 profit rises 3.6%; shares recoup losses
- Tamil Nadu cancels land allotment to Coca-Cola bottler
- Non-railway orders, improved working capital help Titagarh Wagons
- Bajaj Fin to seek shareholder nod for QIP worth Rs1,400 cr
- RBI’s rupee management undermines hedging push
Financial Express – Financial Chronicle
- Govt retains interest rate for GPF at 8.7% for current fiscal
- At Rs 83K cr, LIC boasts a tenth of ownership in listed banks
- BSE Sensex falls for 5th day; NSE Nifty dips below 8,400 mark
- Expensive LNG via long-term deal a major concern for GAIL
- Lanco Infratech sells Udupi plant to Adani Power for Rs 6,300 cr
- Wipro Q4 net up 3.9 % at Rs 2,286.5cr
- India’s cotton exports drop to 4.5 million bales
- India won’t yield to foreign investors’ demand for tax waiver
- Asian stocks firm after China stimulus, euro hit by Greek anxiety
- DLF to move out from Group A category: BSE
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