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Morning News Round – Up : 2nd Jan 15

Ø  FMC hurdle hits Kotak’s plan to get MCX board seat

Ø  Wipro seeks members’ nod to reduce share capital

Ø  ‘Fiscal deficit position to improve in Jan-Mar quarter’

Ø  Govt likely to issue spectrum auction details by Jan 6

Ø  China to boost ties with neighbours in new year

Ø  SRF acquires Dupont’s Dymel pharma propellant business for $20 million
 
Ø  K’taka, Goa mining ban caused 1 mn job loss: study

Ø  Sebi asks five entities to make open offer in 16-year old case

Ø  Maharashtra raises reckoner rates, property prices to go up

Ø  Non-subsidised LPG price cut by Rs 43.5 a cylinder; ATF becomes 12.5% cheaper

Ø  Govt confident of meeting 2014-15 fiscal deficit target

Ø  Financial institutions rush to meet FATCA deadline

Ø  Solar REC price band revised downwards

Ø  UP sugar mills express inability to pay cane price fixed by Centre 

Ø  SEBI to revitalise primary market with e-IPOs 

Ø  Tata Steel to resume mining in Jharkhand in 2-3 days 

Ø  Airlines’ stocks soar as aviation fuel price is cut by 12.5%

Ø  FII inflows hit record $26 bn in debt markets in 2014   
 
Ø  Excise duty on petrol, diesel hiked; no change in retail price

Ø  Non-subsidized LPG rate cut by Rs43.50, jet fuel prices by 12.5%

Ø  Coal stock position improves at thermal power plants: CEA

Ø  Maruti domestic sales rise 13% in December

Ø  TVS Motor sales up 20% in December

Ø  Hyundai’s December sales up 21% at 59,365 units

Ø  2015 market wishlist: Interest rate cuts, reforms and pro-growth Budget

Ø  Coal auctions hold promise for fuel-starved power sector

Ø  NITI Aayog replaces Planning Commission; PM Narendra Modi to be chairperson

Ø  Snapdeal grew at ‘phenomenal’ 600 per cent in 2014: Kunal Bahl
 
Ø  SCCL plans to acquire coal blocks in other states

Ø  Titagarh to expand global presence through French arm

Ø  BSE suspends trading in 22 companies

Ø  RBI postpones decision on practice of return paid govt cheques

Ø  India Inc promises 10 lakh new jobs, up to 40% hike in 2015

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