Evening News Round-up:

*FII redemption pressure bottomed out for India: Aberdeen
*Deutsche sees DIIs returning; 15% upside for Sensex this year
*Rupee fundamentals deteriorating; see 66/$ by Dec: BofA ML
*Rural areas growing at 1.5x urban markets: Nielsen
*Samsung sets new smartphone sales record in Q4, widens lead over Apple
*Visa on arrival for 40 more countries may be a reality soon

*RBI credit Policy: Repo rate up by 25 bps to 8%, CRR intact
*Do not anticipate further policy tightening: RBI’s Rajan
*Not ignoring growth in inflation fight, says Rajan
*Banks unlikely to raise rates on surprise RBI rate hike
*Urjit report effect: RBI focusing on 8% CPI in 12 months
*Rate hike will push companies closer to default cliff: India Ratings
*Hike in key interest rate to hit property market: CREDAI

*Maruti Q3 beats forecast, net up 1.6%; to expand in Gujarat
*JSW Steel reports Q3 net profit of Rs 467 crore
*IPCA Labs Q3 profit up 58% to Rs 139 cr on higher revenues
*Just Dial tanks 17% on Dec quarter margin concerns
*Pan Parag under lens for Rs 20 cr excise duty evasion
*Bombay HC refuses stay on salary cut in Air India
*Will keep vol growth at 14%; no price hikes seen : Escorts
*Realisations improved by 10% per tonne: Adani Ports
*CoalMin asks SteelMin, CIL, others to locate files for CBI
*IFC increases global rupee bond issuance to support India’s markets
*Trai recommends outright transfer of spectrum, bars leasing
*Star gets digital distribution licence for IPL 2014
*CMRL terminates contract with CCCL for building metro stations
*Airtel seeks reduction in bank guarantees for spectrum auction
*SC asks Sahara India to submit bank statements
*CAD to decline to 2.5%, raises hope of gold import duty cut
*Gold import restrictions to be reviewed by March end: FM
*Sensex falls for 3rd day, RBI ups repo rate; Maruti plunges 8%
*India close to buying Japan-made military aircraft in $1.65 bn deal
*NTPC: Declares Interim Dividend Of Rs.4/Sh For FY14

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