Ø Government invites bids from 9 investment bankers to sell Axis Bank stake
Ø Supreme Court directs government to furnish copies of Shah panel report
Ø Govt accords infrastructure status to MRO industry
Ø Vedanta shareholders approve Cairn share buyback
Ø Margins to come under pressure for top IT companies in Q3
Ø Removal of multi-brand retail FDI to hit investments: India nc
Ø D-St cheers weak US economic data
Ø Gujarat HC orders Adani Ports SEZ shutdown
Ø Bharti seeks to raise euro 1 bn by reopening bond issue
Ø Dec retail inflation eases to three-month low of 9.87%
Ø India keen on buying oil, LNG from Canada on long-term basis
Ø USFDA raises concerns over Ranbaxy’s Toansa plant
Ø FIIs hike stake in IT companies in Q3
Ø Coal India gets stay from paying Rs 1.7k cr penalty
Ø EPFO to hike provident fund interest rate to 8.75%
Ø TCS in 5-year deal with United Stock Exchange
Ø SEBI tightens norms for issue of participatory notes
Ø McNally Bharat arm forays into Russia
Ø Crisil downgrades Andhra Bank’s Tier-I, Tier-II bonds
Ø CCI rules out cartelisation among steel producers to hike price
Ø Delhi government opposes FDI in multi-brand retail
Ø Data protection norms in EU may hurt Indian IT sector: Nasscom
Ø MCX-SX gets shareholders’ nod for rights issue of shares
Ø Trade deficit in India to be $156 bn, CAD at $42 bn: Citigroup
Ø Government fiscal prudence supports credit ratings: Fitch
Ø Manmohan Singh pitches for nuclear power, says economic growth in India requires energy
Ø ONGC, OIL may buy 10% govt stake in IOC
Ø India net steel exporter in ’13 on slow domestic demand
Ø FIIs raise stake in BSE 500 stocks in December quarter
Ø RBI allows forward contract in all transactions
Ø Cairn India to invest Rs 3,000 cr to improve oilfield recovery
Ø Bharat Forge divests stake in Chinese JV for over Rs 175 cr