Morning Business News

Ø Coal India announces Rs 18,317-cr dividend

Ø New gas price mechanism to boost profits of ONGC, RIL: S&P

Ø Riding on US economic recovery, TCS set to post 45% proft surge

Ø Sudan offers two oil blocks to ONGC: Oil Minister

Ø Attorney General clears HZL stake sale via auction

Ø RBI should pause rate hike, focus on growth: HSBC chief

Ø RIL eyes Petronas stake in Venezuela project

Ø Singapore’s Sembcorp to take 65% in Nagarjuna’s power biz

Ø MERC decides electricity tariff in Mumbai: Reliance Infra

Ø CIL dividend to make up for disinvestment shortfall in FY14

Ø No plan to increase stake in ITC: BAT

Ø Cairn India’s Rs 5,725 cr share buyback starts Jan 23

Ø RBI to make Sinha an advisor for 3 months after retirement as deputy governor

Ø India Ratings sees CAD slipping to $41 bn

Ø Fitch assigns ‘BBB – rating to Bharti’s € 250 m bond issue

Ø BRICS pack a good initiative by emerging nations: Stiglitz

Ø MCX-SX first to offer interest rate futures, starting Jan 20

Ø BSE, NSE to shift Kingfisher, Moser-Baer to restricted group

Ø Cochin Shipyard delivers platform support vessel to Liberian

Ø JPMorgan profit drops 7.3% after Madoff legal settlements

Ø Bajaj Electricals decides to focus on export, rural markets

Ø NTPC proposes to add Dabhol to Telangana package

Ø Google buys ‘smart’ thermostat maker Nest for $3.2 bn

Ø NIIT Technologies Q3 net declines 5.3% to Rs53.1 crore

Ø CMC Q3 net profit rises 15.52% to Rs70.54 crore

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