Evening News Roundup
*See economy turning around; 3-5 yr rally soon: Samir Arora
*See end of QE by Q3 2014, Yellen to remain predictable: UBS
*See NPLs slowing down; bullish on pvt banks: MS
*JPM sells commods trading arm to Mercuria http://t.co/4dWYDJawlZ
*TCS at 3-month low on growth concerns, brokerages say ‘buy’
*Sebi to seek extra funds for investor programmes
*Delhi HC agrees to hear NTPC’s power pricing appeal
*CERC notice to Power Ministry in POSOCO’s Rs 894 crore income tax case
*SBT jumps as board to consider preferential, rights issue and interim dividend
*Jindal to stop buying coking coal from Australia in 3 months
*Amtek sees full-year sales at Rs 16000cr post Kuepper buy
*Polaris 52-week high up 20% on demerger of product business
*No plans to sell stake in either businesses: Polaris
*No need to be concerned about IT sector growth: Zensar
*Sponge iron prices to stay range bound till June
*Shriram City plans to raise up to Rs 200 cr via NCDs
*Alstom T&D India bags Euro 20 million order from Power Grid
*Contact Alagiri and face disciplinary action, DMK warns cadres
*Companies to spend $500 bn to deal with malware, data breach
*Ikya looks to enter IT services space
*Deal with Hospira should conclude by April: Orchid Chem
*Wipro well-placed to grow revenues & margins
*Crompton Greaves inks pact with Paraguay
*Volvo launches UD Buses in India
*IT dept raids 25 premises of United Phosphorus.
*Sun TV inks deal with YouTube and iTunes
*Tata, Adani to get legal shocks from state discoms
*BP, Niko to formally join RIL arbitration against Govt
*Banking aspirant Janalakshmi Financial plans to raise Rs 1,500-2,000 cr equity
*Expect restructuring to pick up in Q4: SBI
*Corporate houses may not get bank licences
*INDIA ELECTION COMMISSION ALLOWS RBI TO ISSUE BANK LICENSES
*Markets consolidate ahead of US Fed meet, M&M falls 3%, metals & banks shine
*India may become a water-scarce country by 2020: CDP
*Indian companies’ credit profiles improving: S&P
*Top 15 cos’ advance tax payments rise by 12%
