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Evening News Snapshot

Evening News Snapshot

News Round-up:
*5.5-6.5% GDP growth in FY15 within grasp: HSBC’s Kidwai
*Emerging markets’ growth in Jan weakest in four months: HSBC
*Watch gold mining scrips to predict gold price trend: CLSA

*India a buy, but only assuming BJP wins: Mark Matthews
*Financial crisis has led to simpler products: Aegon CEO
*Tata Motors Q3 net jumps 35% on one-off item, JLR
*Greaves Cotton Q3 net up 10% at Rs 38 cr

*India Cements’ Q3 net profit dips 98%
*TV18 delivers record Q3 profits, EBITDA up 61%, net up 177%

*Final placement season brings cheer to B-School campuses
*Business optimism up, but India slips in gobal rankings
*UAE-led group expects to sign $2bn India power deal soon
*To merge Sterling Holiday with arm: Thomas Cook MD
*Expect revenue of around Rs 400 cr in Q4: Shasun Pharma
*BSE increases annual listing fee for companies
*FACT’s loss in Apr-Dec period estimated at Rs 168 cr
*Engineers India FPO extended due to bank strike
*Junglee.Com announces partnership with Quikr.Com
*PowerMin mulls Rs 6k cr subsidy to discoms for cheap power
*Investors withdraw Rs 74,000 crore from MF schemes in December
*DLF gets Rs 676 cr refund from DDA after settling disputes
*DLF surges 6%, sells Amanresorts for USD 358 mn
*Growth prediction for IT services industry 13-15% for FY15
*HCC gets Rs 725-crore order
*Ashok Leyland MD to take 21% salary cut
*Mahindra ties up with Canara Bank for vehicle finance
*PSU banks’ strike hit services in Punjab, Haryana
*IOB to raise Rs 400 cr by selling shares to LIC
*DCB Bank to seek more time for reducing promoters’ stake
*BSE Sensex, Nifty end flat; Bharti, TCS, HUL laggards
*Supreme Court orders ‘status quo’ in United Spirits-Diageo deal
*Compat to hear appeal against Jet-Etihad deal on Feb 24
*Headwinds for banks to continue in 2014: S&P

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