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Evening News Snapshot

Evening News Snapshot

News Round-up:
*Positive on India; see next big move in rural mkt: Religare
*Rupee depreciation hits CESC with Rs 800-cr cost over-run in two new projects
*Cadila Healthcare Q3 profit jumps over 81%
*SJVNL Q3 net profit rises 10%
*Tata Power posts Q3 loss at Rs 75 cr on forex woes
*Govt braces for likely lower GDP forecast before polls
*Worst over for thermal power space post reforms: Feedback
*Don’t write-off Cong or predict poll result: Jairam Ramesh
*Vodacom deal to help Tata Communications reduce its debt
*DERC, state govt liable for Delhi power woes: RV Shahi
*Pay NTPC: SC to BSES, Delhi’s power crisis
*Ashok Leyland’s two-pronged strategy
*Patel Engineering up 10% on bagging Rs 1100 cr order
*Supreme Court halts potential blackout in Delhi
*Syntel appoints Nitin Rakesh as CEO and President
*Jubilant Life surges 9%, PAT rises 437% in Dec quarter
*Interest burden, subdued power biz hitting performance: GVK
*IFC issues fourth tranche of its 3-year bonds
*Nifty closes above 6050; Tata Steel up 6%, pharma rallies
*Spectrum auction: Day 5 bids take off from Rs 52,689 cr
*Navi Mumbai airport to begin commercial ops by 2018: CIDCO
*India, Pakistan in advanced talks for opening bank branches- PTI

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