Here is a glimpse of the important Market News from today morning across several business newspapers: –
Economic Times – Business Standard
- MAT worries to continue on inflows from US, UK
- ‘Uncertainty over tax issues may impact investments’
- Much awaited GST Bill likely to be tabled in Lok Sabha today
- ‘India to add 10 MT urea capacity; invest Rs 60K cr’
- Power consumers to save Rs 69,311 cr from coal bids
- Deutsche Bank to pay $2.5 bn fine over manipulation
- Crisil to buy back fully paid-up equity shares
- Sebi warns companies against fraudulent NCD, NPS issues
- EPFO may invest up to Rs 90,000 cr in equities
- Lower monsoon not to impact rating; policy actions key: Moody’s
- Railways in ‘severe financial crisis’: Dinesh Trivedi panel
- India likely to remain net importer of iron ore in FY16
- Received complaints over cartelisation in coal bidding: Govt
- YES Bank board approves increase in FII/FPI limit to 74%
- Cairn India reports net loss of Rs 1,044 cr in Q4 on crude slump
Business Line – Mint
- Dumping duty on acetone imports from Thailand, Japan extended by 1 year
- HDFC Bank Q4 net profit rises 21% to Rs 2,807 cr; sees strong loan growth
- National Fertilizers’ Vijaipur-I urea Plant resumes production
- Camson investors okay demerger of seed biz
- In Gujarat, groundnut set to gain ground from cotton
- RBI revises priority sector lending norms
- Frauds in Indian banks have increased: Deloitte survey
- Large companies worse off as tractor sales continue to decline
- Hindalco said to seek $350 million selling real estate
- HDFC follows ICICI, SBI to offer special rate for women borrowers
Financial Express – Financial Chronicle
- Relief for FIIs, Indian govt allays fears on tax claims topping $6.4 bn
- BSE Sensex surrenders early gains, falls 155 points
- Zomato on acquisition spree again; buys out US firm NexTable
- Disinvestment dept red flags Rs 69,500 cr target for the year
- ONGC reiterates Reliance draining gas from its block in KG basin