Evening News Round up

*Equity, fixed income investors to get better returns in ’14: MS.

*Final 900 MHz spectrum price may not top 2x reserve: HSBC.

*Remain upbeat on IT, pharma, cautious on banks: Religare.

*India’s used goods market to cross Rs 1,15,000 cr by 2015: Assocham.

*Reliance Inds. 3Q Net 55.1 Bln Rs; Est. 53.2 Bln.

*Wipro  3Q Net 20.1 Bln Rs; Est. 20.1 Bln.

*HDFC Bank Q3 net meets forecast, up 25%; asset quality firm.

*ITC Q3 net up 16% to Rs 2,385 cr but margin disappoints.

*To maintain 27% margin, India biz seen tepid: TCS’s Chandra.

*TTK Prestige Net dips 33% to Rs 29.49 cr in Q3.

*Federal Bank Q3 net profit rises 9.2%.

*Indian business takes aim at AAP`s economic policies.

*Rahul Gandhi Says Democracy is Not Rule by One Man.

*Rahul Gandhi Says Congress gave Power to People through RTI Act.

*Vote-on-account may be held on Feb 17: Reports.

*Iron ore exports up 253% in Oct-Dec quarter.

*Hindustan Zinc Project Capex will be in Line with $250M  View.

*Gati Says co.already divested 40 % Stake in shipping Business.

*RBS WEalth Overweight on China , India , Taiwan ,Philippines.

*KSK Energy Says Ministry Asked Coal India to Execute Linkage.

*Gail India Says Import Deal in Very Preliminary Discussion.

*Marico Says Both Rural & Urban Growth Slowed Last 2 Qtrs.

*Honda to unveil crossover study model at Auto Expo.

*ONGC in talks to buy 26% stake in IOC’s Ennore LNG terminal.

*SAIL to invest Rs 7,000 crore in value addition.

*OHPC surpasses annual power generation target.

*After UB Holdings, Court admits petition to wind up Kingfisher Airlines.

*Sahara’s SAT appeal adjourned to Feb 4.

*KRBL revenues to grow 20% going forward: Head Anil Mittal.

*DCHL may convert part of Srei Infra Finance’s loan into equity.

*Indian markets off to a slow start among BRICS countries in 2014.

*Sensex falls 200 pts; Reliance drags, HDFC slips further.

*Govt set for one last stab at reforms before polls: Sources.


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