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Morning News Round-up:

Ø  CAD doubles to $ 8.2 bn in Q3; analysts see better nos ahead

Ø  SBI sells 4% stake in Cibil to IIFL for around Rs 72 cr

Ø  Indo-US trade could reach $ 500 billion: Ed Royce

Ø  RBI buys $12.2 billion from markets in January

Ø  Pipavav deal: Rel Infra makes Rs 1,263-cr open offer

Ø  RIL is India’s largest co with Rs 3.68L cr assets

Ø  ‘Sugar production likely to rise by 8% to 26.5 MT’
 
Ø  Lok Sabha clears Land Acquisition Bill

Ø  Jaitley to meet heads of PSU banks today

Ø  India’s CAD narrows to 1.6 % of GDP in Q3

Ø  Govt revives plan to set up 1.3 mn tonne urea plant in Iran

Ø  JSW Steel scouts for acquisitions

Ø  Majority FTIL shareholders object to NSEL’s amalgamation

Ø  Telenor, Tata Tele merger talks reach final stages

Ø  EU ready to discuss outstanding trade issues with India

Ø  Boosting liquidity may help banks lower lending rates

Ø  At Rs 1,000 cr, Essar Steel’s pipe mill order book up 25%  

Ø  SEBI-FMC merger could renew hopes for silver, precious metal ETFs 

Ø  L&T unit wins orders worth Rs. 1,242 cr

Ø  Asian Paints to set up Rs. 1750-cr greenfield plant near Vizag
 
Ø  Govt set for record proceeds from spectrum auction

Ø  Qualcomm to buy back $10 bn of stock, increase dividend

Ø  SSTL bets record copper on Narendra Modi’s spending plan

Ø  Dr. Reddy’s in talks to buy UCB India business for $135 mn: report

Ø  Germany’s Boehringer loses India patent on lung drug to Cipla

Ø  Unitech to pay penalty for Gurgaon project delay

Ø  NMDC cuts iron ore prices by Rs 300-550/tonne on weak demand

Ø  HCL Tech stake sale: SNF rakes in Rs 1,109 crore

Ø  Maharashtra’s beef ban to boost chicken sales

Ø  Adlabs Ent allots Rs 60-cr worth shares to anchor investors
 
Ø  Telecom stocks in limelight; Bharti Airtel surges 7%

Ø  Infosys opens new 250-seater BPO in Puerto Rico

Ø  Engaged with Indian govt on tax dispute: Cairn

Ø  BSE, S&P to launch AllCap index for Indian markets

Ø  Maruti Suzuki recalls 33,098 units of Alto 800,
Alto K10

Ø  Top companies shed assets to reduce debt

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