Here is a morning market glimpse across several business newspapers: –
Morning Market Glimpse – Economic Times – Business Standard
Ø ‘Swiss move gives enough hints of action to follow’
Ø Govt to erase offset clause to push defence deals
Ø SIT may allow compounding where original HSBC a/c holder is dead
Ø Tatas may be roped in for Odisha defence unit
Ø Govt forms 10-member panel to revisit PPP infra model
Ø Exports of 6 key agr products record negative growth in FY15
Ø US top court rules against Cisco Systems in patent infringement fight
Ø Swiss govt names Yash Birla as a/c holder being probed
Ø Tech Mahindra Q4 disappoint, net down 23% at Rs 427 cr
Ø Tata Motors Q4 net dips 56% to Rs 1,716 cr
Ø Trade unions officially declare national strike to protest labour reforms
Ø Mutual funds slow down pumping money in stocks in May
Ø Charter agrees to buy Time Warner Cable for $56 billion
Ø DLF to pay Rs 80 cr to law firm for rescinding from agreement
Morning Market Glimpse – Business Line – Mint
Ø ‘India’s adequate food stocks to help contain inflation’
Ø Sugar industry needs more than export subsidy for turnaround
Ø Value of retail investor holdings in NSE firms hits record levels
Ø Thermax Q4 net up 25% at Rs. 132 cr
Ø Amazon starts declaring sales in UK, Germany, Spain, Italy
Ø NHPC plans to raise Rs. 3,975 cr via loans, tax-free bonds
Ø RIL doubled its hedging in FY15 to shield against volatile crude
Ø TVS Logistics to acquire Tatas’ DIESL
Ø Additional 1% tax in GST may hurt Make in India: Arvind Subramanian
Ø GMR Holdings to consider amalgamation with GMR Enterprises
Ø Essar Oil profit falls 45% on inventory loss
Morning Market Glimpse – Financial Express – Financial Chronicle
Ø Charter Communications buys US giant Time Warner Cable in $78.7 bn deal
Ø Nokia withdraws plea to sell Chennai unit
Ø Haldia account not to be an NPA for banks
Ø Oil ministry dismisses Cairn India export plea
Ø Centre targets $47.5-billion textile exports in 2015-16
Ø Govt mulling proposals for urgent measures to perk up exports
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