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Evening News Snapshot

Evening News Snapshot

News Round-up 14-Feb:
*See volatile market, but no major corrections: Axis Direct
*2G auctions: Incumbents have shown they’re no pushovers: Kotak
*See yields above 9% if fisc deficit not contained: Experts
*Kochi to Host World Spice Congress from Feb 16
*India should be top priority for US: USIBC
*M&M Q3 profit up 12% to Rs 934 cr, tractor biz support
*SBI Q3 net falls 34% to Rs 2234 cr, asset quality weakens
*Lakshmi Vilas Bank Q3 net down 76% at Rs 7.4 cr
*Somany Ceramics Q3 net down 41% to Rs 4.8 cr
*Kesoram Industries Q3 net loss narrows at Rs 88 cr
*Valentine’s Day on D-Street: Jewellery stocks rally 1-6%
*Sun Pharma jumps 2% post Q3 nos, gets FDA nod for Temodar
*Japan’s NEC in talks to buy HP’s stake in MphasiS: Exclusive
*Expect to maintain full year GRMs at $4-5/bbl: IOC
*PVR seeks sops from Punjab govt to promote multiplexes
*Securens plans second round of fund raising
*Private banks go offbeat to make inclusion effective
*Nissan ends sales, mktg pact with Hover Automotive in India
*Suven Life gets two patents from New Zealand
*Cooper is past; Apollo gearing up for 50% abroad mkt growth
*Vote on Account: Chidambaram seen walking budget tightrope
*Bharti, Idea up post 2G spectrum auction; brokerages cut target
*Govt approves two semiconductor wafer plants worth $10 billion
*Nikkei skids to 1-week low in choppy trade
*Jan WPI inflation falls to 8-month low of 5.05%
*Sensex surges 170 pts; HDFC & Tata groups lead; IT supports
*Panel on coal linkages to now meet on Feb 21
*Airtel and Apple launch 4G mobile services in Bangalore

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