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Evening News SnapShot

News Round-up:
*Interest Rate Futures will be used for hedging, arbitrage: Nomura
*Davos 2014: Economic growth, income inequality, key themes
*Best gains in India will be in H1FY15: JPM’s Mowat
*Unilever beats forecasts as emerging markets rebound
*Discovery to launch magazine, have more India-based shows
*Microsoft’s Ballmer likely to resign after suitable replacement found
*AAP effect: Delhi discoms SOS power min for working capital
*Fixing fiscal mess biggest task for new govt; FDI ruckus overdone: Pros
*Kotak Mahindra Bank Q3 disappoints, net dips 6% to Rs 340cr
*Asian Paints slips 3% as Q3 margins decline to 15.6%
*Sugar industry’s problems show no signs of disappearing
*November mineral output up 3.7%, valued at Rs 17,163 cr
*Power stocks under pressure post Maha tariff cut
*Private jobs quota plan by Congress is economic insanity
*FCNR(B) deposits help pvt banks accelerate loan growth in Q3
*Govt to convert Rs 400-cr worth PNCPS in Indian Bank to equity
*Ennore Port to handle 24 MMT of cargo in 2013-14, inks pact with Ford
*Porsche on a sales network expansion drive in India
*Zydus Cadila gets USFDA nod for anti-depressant drug
*Tata Motors launches premium Vista
*IndoSpace closes second industrial real estate fund at $330 mn
*New RBI rules to impact unorganised gold loan cos: Muthoot
*Tarriff cut not in interest of sector: former MERC member
*New consent norms are in accordance with law: Sebi chief
*Sebi for regular issuance of govt bonds to deepen liquidity
*Adani, Essar, L&T interested in developing Ennore container terminal
*Suzlon to list REpower on LSE this year: Sources
*SpiceJet cuts airfares by 50% for all bookings till 23 Jan
*ONGC, OIL have to pay same dividend as FY13: Fin Min
*Sensex ends flat, Bank Nifty up 1%; IT weak, Coal India falls 2%
*Govt picks banks to sell $925 million Axis Bank stake
*FIPB to mull HDFC Bank plan to hike overseas stake on Feb 3
*LIC offloads 2% stake in Bharat Forge for Rs 151 cr

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