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Evening News Round Up:

Evening News Round Up:

## Unilever may increase stake in HUL: Citi

Post that, Unilever can make a delisting offer, Citi says, pegging the date to around July 4, 2104.
Higher stake will enable Unilever to pass special resolutions, Citi says. This will establish Unilever’s dominance over HUL’s board enabling the promoter to take aggressive decisions.
http://goo.gl/LH549Q

## Global investment bank Citi says current diplomatic sanctions imposed on Russia could lead to economic sanctions, which will directly impact trade relations between the European Union & Russia.

The European Union imports several commodities, including steel, from Russia & Ukraine, so future sanctions may result in higher prices for these commodities.

Tata Steel Europe would be a direct beneficiary in this scenario, Citi said.

## Nandan Nilekani, his wife declared assets worth Rs7,700 crore http://t.co/SqQoJvS7BZ

## CBI to investigate parallel Multi Commodity Exchange scam
http://timesofindia.indiatimes.com/business/india-business/CBI-to-investigate-parallel-Multi-Commodity-Exchange-scam/articleshow/32352021.cms

## RBI has announced a host of liquidity boosting measures.Will infuse liquidity for an amount of about Rs 40,000 cr on Friday through 14 day term repo.The reversal of the 14 day term repo will take place on April 4.Further, in order to facilitate smooth and non-disruptive conduct of banking operations during the annual closing of accounts for the financial year 2013-14, RBI will  conduct a 5 day term repo variable rate auction for Rs20,000 crore on March 28 with reversal on April 2.Measure will help to keep check on Bond yield which has started to inch-up post the Fed announcement yday.

## KC Chakrabarty quits as Deputy RBI governor three months before his term ends

## Infosys Senior VP Candra Shekar Kakal resigns and he was also apart of the executive Council.

## Moody’s projects Modi’s victory in general elections http://t.co/peId2xStjH
## NSE: To Exclude GSK Consumer From F&O Segment w.e.f. Ma

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