Morning Market Glimpse

Here is a Morning Market Glimpse of the important Market News from today morning across several business newspapers: –

Morning Market Glimpse – ECONOMIC TIMES

•FPIs Band Together to Challenge I-T Dept
•After Golden Quadrilateral, Here’s Mother of All Roads (ambitious project to build a road along India’s west-to-east border)
•RBI, Govt One-all in Public Debt Match
•Maha Plans Affordable Housing Policy
•Terror & Trade Dominate PM’s Talks with Ghani
•E-comm Cos, Startups Line Up Crack Hiring Teams
•RPower, Govt Lock Horns Over Co’s Pullout from Tilaiya Project
•NGOs from UP, TN, Andhra & Maha Top the List of FCRA Violators
•Bharat Forge, Punj Lloyd Vie for Army’s Rs 17kcr Guns Order
•Piramal Fund Invests in Ahd Realty Project
•Century Plyboard Q4 Net Profit Jumps 63%
•Essel Propack Posts 66% Jump in Q4 Profit
•Derivative Bets Signal Weakness to Continue
•ICICI, Maruti Nos. Light Up a Gloomy Street, Stocks Re-rated
•Pair-trades Gain Currency as Market Remains Choppy
•G-Secs May Not Gain Much Even with Rate Cuts
•Finmin Reviews 85 Infra Projects Worth Rs 3.5 L cr
•Agrochemical Majors Trump Challenges to Grow Profits
•MFs Try Out New Incentives to Keep Star Distributors Happy
•`Increase in Diamond Prices on Weaker Re may Hit Demand’
•CIL Arm Plans to Raise Prices of Low-grade Coal
•Parliamentary Panel Seeks Restoration of Tax Benefits for SEZs

Morning Market Glimpse – BUSINESS STANDARD

•Reliance Power pulls out of Tilaiya UMPP
•Markets may yet rise, say most experts
•Idea beats Street estimates
•‘RIL not drilling be treated default’
•Airtel posts 30% rise in net profit on data
•Tata Steel pension row flares up, unions send legal notice
•Indian economy to grow7.5% in FY16, 7.9% in FY17: World Bank
•‘States not on fiscal consolidation path’
•Crop damage estimates in UP revised thrice in one month
•‘Chances of El Niño three times more than normal’
•Power tariffs based on negative price of coal will only dim the market
•Cong in talks with regional parties to corner govt on GST Bill
•Maharashtra govt, sugar mills to hold a brain- storming session today
•Investors’ risk aversion might drive rupee lower
•Bankers worried about rise in farm NPAs
•Take ownership control of stressed projects: Government to banks
•US seeks to expedite investment treaty talks with India
•Deutsche Bank ‘ baby steps’ overhaul disappoints investors
•Eyeing EPFO flows, MFs offer new ETFs
•Sebi- FMC merger to delay exchange IPOs
•Trading costs to go up after FMC’s merger with Sebi
•Wockhardt: More correction likely
•FMCG companies to shift focus to urban markets
•Delayed harvesting affects wheat procurement
•India’s gold demand down 5.7% in March quarter
•China said to consider new lending tool to help local debt
•Apple’s earnings surge as iPhone sales jump
•Modi tightens noose around NGOs

Morning Market Glimpse – MINT

•Diageo’s long and heavy United Spirits hangover
•Daiichi will take a Rs2,450 crore charge on Ranbaxy investment
•Vishal Sikka banks on design thinking to win mega deals
•MGNREGS less effective in reducing poverty: World Bank
•UPL’s Latin American business saves its March quarter
•Airtel, Idea end FY15 well; all eyes on pricing strategy
•GCPL: hit by currency volatility, but gains from lower input costs
•Govt to clear hurdles in stressed sectors
•Government may make UAN mandatory for EPFO subscribers
•Piramal Fund invests Rs225 crore in Ahmedabad realty project
•Tracxn raises $3.5 million from SAIF Partners
•Govt extends deadline for eBiz platform
•Plan to extend market timings put on hold
•East India’s weather woes to continue till month end, says IMD
•US says Iranian forces fire on and board cargo ship in Gulf
•Maharashtra brings in Right to Services ordinance

Morning Market Glimpse – BUSINESS LINE

•Tata Steel faces strike in UK as unions give notice of polling for industrial action
•Wockhardt recalls some drugs from US market
•GIC Singapore’s affiliate buys stake in Nirlon for Rs. 1,280 cr
•Bosch shifts focus to Asia-Pacific region
•NTPC to invest Rs. 1,779 cr in AP solar project
•Idea Q4 net rises 60% on higher data income
•Bajaj Auto eyes over 35% growth in domestic bike sales this fiscal
•India, US ‘working towards’ achieving $500-b trade target
•Textiles Ministry seeks export sops for yarn, fabric sectors