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Morning News Round-up:

Morning News Round-up:

Ø  UAE to store crude in India’s strategic facility

Ø  Kia, Daihatsu may enter Indian car market, could pose serious challenge to Maruti 

Ø  Janet Yellen warns of domestic, global risks to US economy 

Ø  Arun Jaitley invites UAE to invest in NIIF

Ø  Trai’s decision anti-colonialist: Marc Andreessen

Ø  ‘Govt to provide houses in less than Rs 5L’

Ø  Market value of PSU Banks half of their bad loans

Ø  EPFO plans one time bonus of Rs 750 cr in FY16

Ø  Jaitley likely to pare disinvestment target

Ø  Tough task as PSU stocks lose quarter of their value in one year

Ø  Global economic turmoil hitting Indian markets, says govt

Ø  Grant 5-yr tax holiday to manufacturing units in SEZs: CII to Govt

Ø  USITC hearing on anti-dumping probe on steel products from India in May

Ø  Cos must explore Africa for producing pulses, oilseed: Govt

Ø  GlaxoSmithKline Pharma Q3 net up 76% at Rs 80 cr

Ø  Ambuja Cements net dips 66% in Dec quarter

Ø  SEC to vote on rules for swap dealers on US soil

Ø  Tata Motors global sales rise 16% in January

Ø  Abolish dividend distribution tax, says Raamdeo Agrawal

Ø  Gold ETFs record Rs. 656 cr outflow in FY16; AUM down 8.5%

Ø  Disappointed with 700 MHz pricing: Vodafone

Ø  NHPC net profit more than doubles 

Ø  Mercator sells Singapore arm for S$3

Ø  Chinese internet firms offer $1.23 bn for Norway’s Opera Software

Ø  SBI default swaps jump to highest since 2014

Ø  ACC profit falls 69% to Rs102 crore

Ø  Indian Overseas Bank Q3 loss widens to Rs1,425 crore

Ø  ONGC mulls $500 million investment in Venezuelan field

Ø  Identity theft biggest contributor to fraud: Report

Ø  India Cements posts Rs5 crore profit in Q3, misses estimates

Ø  Sensex slides for 3rd straight session, ends 262 points down, Nifty50 settles at 7,221; banking stocks fall

Ø  India’s growth well below trend: Deutsche Bank

Ø  Tata Consultancy bullish on BFSI segment growth in FY17

Ø  Gold prices near highest in 7-1/2 months on safe-haven demand

Ø  Tax collection 73.5% of target till Jan: Hasmukh Adhia

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