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Morning News Round-up:

Morning News Round-up:

Ø  Top nine Sensex companies lose Rs 83,209 crore in m-cap

Ø  Telangana government to soon get forest clearance for 4000 MW power project

Ø  Tata Motors sees commercial vehicles sales growth of 10-15% in FY’16

Ø  Car sales surge 7% in February on better consumer sentiment
 
Ø  Wipro plans to launch BPO service for the domestic market

Ø  Mahindra merges own e-commerce venture into acquired firm

Ø  Gold bounces back after hitting key support level of $1,145/oz

Ø  Infosys donates £250,000 for Mahatma Gandhi statue in London 

Ø  Commercial mining of coal to be allowed

Ø   India-EU FTA to get a boost from insurance liberalisation

Ø  ‘MUDRA Bank will provide cheaper loans to 5.7 cr informal enterprises’

Ø  TNPL’s mega packaging board unit to go on stream by year end

Ø  2 KK Birla Group firms to restructure businesses 
 
Ø  ITC may have to add profits to consumer playbook

Ø  Govt to issue ownership rights of 15 coal mines on 23 March

Ø  Cyanogen said to raise $110 million round without Microsoft

Ø  Nikkei hits 15-year high on Fanuc gains; posts fifth straight weekly rise

Ø  Rift in RBI may get worse as central bank set to clip Governor Raghuram Rajan’s wings

Ø  JP Morgan may sell India mutual fund business

Ø  Overseas inflows hit Rs 72,000 crore so far this year

Ø  Red tape stifles India’s energy dream; just 15% PSC discoveries yield
 
Ø  Lower utilisation levels to cut steel sector’s growth in FY15

Ø  Inflation data, global cues to set tone for markets this week

Ø  L&T hopes to win two power plant contracts next fiscal

Ø  Air fares dip to Rajdhani levels ahead of peak season

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