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Morning News Round-up:

Morning News Round-up:

Ø  Tata Teleservices, Aircel can’t bid for new airwaves

Ø  Govt may soon take a decision on relaxing FDI norms for NRIs

Ø  Bad loans in PSU banks up 3-fold to Rs 2.17 lakh cr

Ø  SBI consortium takes over Kingfisher House

Ø  Bad loans in PSU banks up 3-fold to Rs 2.17 lakh cr

Ø  Godrej Consumer hikes stake in Darling Group to 90%

Ø  Each basis point rise in bond yield costs govt Rs 416 cr Report
 
Ø  External sector indicators improved, but no room for complacency: RBI

Ø  Govt suspends ONGC director Shashi Shankar

Ø  Excise duty hike on petrol, diesel to yield Rs 20,250 cr more

Ø  The govt steps back on insurance and other ordinances

Ø  Insurer’s liability in third party motor accidents to be limited at Rs 15 lakh

Ø  Infosys likely to close its second start-up investment

Ø  Keep politics away from power utilities: World Bank report

Ø  Tata Chemicals asks Centre to decontrol urea

Ø  Keep vigil over firms misusing tax norms, SEBI tells bourses

Ø  Jubilant Life gets booster dose from US FDA

Ø  ABB bets big on converting diesel pump sets to solar

Ø  Emco gets nod for share allotment to promoter group  
 
Ø  Euro zone creditors approve Greece reforms, Germany sets vote

Ø  US banks said to face manipulation probe over metals pricing

Ø  Supreme Court questions Sahara’s refund to depositors

Ø  Restrain NSEL from collating client data, investor group tells panel

Ø  India among six countries probing HSBC over Swiss unit

Ø  Rail Budget likely to have a slew of green initiatives

Ø  Finance Commission suggests higher share to states in central taxes

Ø  Sahara lands in another trouble, SC fiat on diversion of funds
 
Ø  Second round of coal auction to be held on March 4

Ø  Suzlon commissions 350 MW wind energy projects in Brazil

GSFC lines up Rs 20,000 crore for capex over next two years

Ø  Piramal Fund to invest Rs 5,000 cr in construction finance by March ‘16

Ø  Tax officials search HSBC’s Mumbai HQ

Ø  Jyoti Ltd approaches Sebi to probe stake purchase by FIIs

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