Evening News Snapshot

News Round-up:
*Rupee won’t react much to near-term volatility: Macquarie
*India’s pvt sector output dips for 7 months in a row: HSBC
*Our timing is perfect as PE industry does have portfolios that are in trouble: Paul Aversano
*Broader EM jitters to hold India back in near-term: Ambit
*India funds unlikely to see more redemption: Elara Capital
*Continue to buy on dips; bet on IT, pharma: Pramerica MF
*Microsoft hopes new, old leaders can rekindle magic
*European shares hold gains on upbeat economic data
*BHEL Q3 net slips 41% to Rs 695 cr on lower revenues
*Ranbaxy posts Q3 loss at Rs 159 cr on provision for Toansa
*Tech Mahindra up 4%, brokerages bullish on Q3FY14 nos
*Looking to add 25-30 new gyms in FY14: Talwalkars
*SKS Micro soars 4% on fund raising plans, ups FY15 guidance
*GM bullish on Indian market despite vehicle recall issue
*Travellers to benefit from Canada’s shift to multiple-entry visas
*NSE to implement risk reduction mode for currency derivatives
*Reliance Infra: Analysts not majorly worried over Delhi discoms’ woes
*Voltas jumps on brokerage upgrade
*Kolte-Patil Developers pays Rs 350 cr for 34 acres in Pune
*Venus gets Indonesian GMP certification for its Baddi unit
*Renault unveils concept car KWID at auto expo
*Piaggio to launch new premium category scooter
*Suzuki Motor unveils Rs 14.95 bike among 4 new products
*Tata Motors unveils SUV Nexon, ConnectNext concept cars
*Doubtful if key legislations can be passed this session: FM
*Hsbc India Jan Services Pmi 48.3 vs 46.7
*DIPP issues new norms for FDI in insurance; retains 26% cap
*Sensex, Nifty end marginally +ve; Ranbaxy up 6%, Tata Steel gain 5%
*New Mines bill may lapse, not to be tabled in LS this session