Evening News Snapshots

News Round-up:
*Market can hit August lows; see Sensex support at 18k: Citi
*Hero Motocorp Q3 net misses forecast, ad spends hit margins
*Bank of India Q3 net disapppoints, slips 27% to Rs 586 cr
*Siemens profit grows 2.3%, acquires Rail Automation from group entity
*HCC reports Rs 5 crore net profit in Q3
*Voltas rallies on strong operating performance in Q3
*Contained costs in Q3; focus now on existing brands: VIP
*Expect finance costs to rise; see higher margins: Titan
*Ericsson chief Vestberg dismisses Microsoft CEO candidature rumours
*Nigel Harris replaces Joginder Singh as Ford India head
*Tata Global Beverages names Ajoy Misra as new MD & CEO
*Paradip Port sets new rule for iron ore plot auction to up revenue
*See steady growth in margins, profit in 4-6 qtrs: Zensar
*Food grain production in Tamil Nadu to surpass 100 lakh MT in FY14
*Revived by green tea, Tata says ad spend will pay-off soon
*Tamil Nadu targets growth of 5% for FY14
*Aurobindo Pharma hits new high
*CCEA fails to take up issue of coal blocks alloted to private companies
*Ashok Leyland-Nissan JV launches new LCVs
*Kota Thermal Plant’s fly ash gets patent as Disprin catalyst
*IOB plans to attach Deccan Chronicle properties
*RBI has endorsed Urijit Patel’s glide path to disinflation: Varun Goel
*Half of apparel consumers buy online, says study
*Telecom user base rises to 91 cr in Nov: Trai
*I-T slaps Vodafone with fresh Rs 3000-cr tax order
*Cadila receives final approval for Etodolac ER tablets.
*Cabinet approves subsidised LPG cap hike to 12 from 9
*Market need not worry on Fed taper, RBI vigilant: FinMin
*Nifty ends Jan series at 6074; SBI falls 4%, Hero down 3%; ICICI dn 2.5%
*Suzlon: To issue 7.1 Cr Pref Shares at Rs.18.51/Sh to CDR Lenders
*EGoM clears 10% stake sale in Engineers India through follow-on public offer: Disinvestment Secretary Ravi Mathur

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