Morning News Round – up:

Ø  Fed keeps rates steady, closely watching global markets

Ø  Govt to sell 10% stake in EIL; may get over Rs 690 cr

Ø  ONGC may defer plan to buy overseas assets

Ø  China’s economy still faces downward pressure

Ø  70% stocks of NSE Nifty have entered ‘death cross’

Ø  FIIs withdraw $7 billion from Asian equities: HSBC

Ø  Ratan Tata invests in specialty tea firm Teabox

Ø  NSE to suspend trading in Essar Oil from Feb 10

Ø  200 SEZs likely to be exempt from 18.5% MAT

Ø  Shareholders cry foul as SBI skips e-voting

Ø  Oil sector contracts to have 10% domestic purchase clause

Ø  Asian stocks struggle as oil falters, China weakens

Ø  Trai suggests base price of Rs 11k cr for 700-MHz band

Ø  Coal India faces third labour strike

Ø  Textiles exports may remain flat at $40 billion in FY16: Textile commissioner

Ø  GATElab offers low-latency risk gateway to NSE

Ø  GST roll-out will improve ease of doing business: Assocham

Ø  RBS profit hit by £2.5 bn in extra provisions

Ø  HCL Tech acquires UK firm, promoter group company

Ø  Cognizant buys US-based KBACE Technologies Inc

Ø  India, Armenia amend double taxation avoidance convention

Ø  HDFC Q3 profit rises 6.6% to Rs1,520 crore

Ø  Shapoorji Pallonji enters affordable housing with ‘Joyville’

Ø  Neyveli Lignite Q3 profit plunges 85% to Rs48 crore

Ø  Godrej Consumer Q3 profit up 23% to Rs323 crore

Ø  United Spirits Q3 profit down 45% at Rs41 crore

Ø  Havells India Q3 net up 3.92% to Rs120 crore

Ø  Sensex, Nifty end flat ahead of US Fed meet outcome

Ø  Raghuram Rajan to wait for Union Budget roadmap before next rate cut: HSBC

Ø  No decision yet on minimum import price for steel

Ø  World Bank cuts oil price forecast to $37 a barrel

Ø  Smart Cities: First 20 to be announced today

Ø  Govt approves hybrid annuity model for highway projects

Ø  India projected to be world’s fastest growing economy

Ø  Gamesa bags 30mw wind turbine order from PTC

Ø  India clears cyber security pact with Malaysia, Japan

Ø  NHB changes eligibility criteria for refinance policy

Ø  Average inflation to rise next fiscal: Ind-Ra

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