News Round-up 17-Nov:
*Inflation pace slowing; Jan-Mar CPI around 6.5%: Macquarie
*FII stake in Sensex cos hits all-time peak of 27%: BofAML
*JPM bullish cyclicals, financials; sees 6% GDP growth
*RBI to cut rates by 25bps each in Feb, Apr: GS
*Focus on domestic cycle than global sectors; like financials: DSP
*Nikkei posts biggest drop since Aug as Japan slips into surprise recession, paves way for tax delay, snap poll
*Rajnath warns China against building roads on Indian territory
*Q2 earnings good, to focus on long-term growth: Britannia
*Q2 profit nos muted; investment cycle revival in 2-4 qtrs: Kotak
*Impact of shutdowns to show up in Q3 nos: Mangalore Chem
*Will be profitable by ’15; working on recap plans: SpiceJet
*SpiceJet Crashes 11%; Q2 Net Loss at Rs 310cr
*India Cements up 4%, Srinivasan gets clean chit in IPL case
*HDFC twins fall 2% on foreign invt concerns
*JSW Energy, JP Power soar 6-11% on stake sale buzz
*ONGC gains on plans to invest Rs 10,600 cr
*Tata Coffee surges on stock split plan
*Rural operations to turn profitable in 5 year for public sector banks: CRISIL
*Bombay High Court rejects interim stay on ‘fit and proper’ order against FTIL
*RPP Infra’s JV bags Rs 87 crore worth order
*Vodafone launches initiatives for small & medium firms
*Small FMCG companies take big steps as commodity prices fall
*Ola mobile app for cab booking launched in Nagpur
*Tatas may look at US for new JLR factory
*Open offers by cos drop 66% to Rs 13,000 cr in Apr-Sept
*Aim 100% growth rate in health insurance business: Rel Cap
*Ashok Leyland bags orders worth $79.2 mn from Tanzania, Zimbabwe
*Equity mutual funds see over Rs 39,000 cr inflow in FY’15
*Oct trade deficit at $13.36bn; exports hit 7-m low
*Markets make fresh closing highs; autos, PSBs zoom
*Facebook to step into corporate world with ‘Facebook at Work’
*Adani group’s Australian mine project cleared
*Vibrant Gujarat is the Davos of East, says Saurabh Patel
