Morning News Round Up

Ø  India likely to post 4.6 pc growth in 2013-14: IMF
Ø  P&G to invest Rs 1,500 cr in India to catch HUL
Ø  Cairn India under income tax lens over share sale
Ø  RBI may follow US Federal Reserve to tackle clashing data
Ø  China injects $42 bn into mkt to ease credit crunch
Ø  ArcelorMittal extends conversion date for $1 bn bond
Ø  Govt picks JPMorgan, Citi, JM Financial to sell $925 mn Axis Bank stake: Sources
Ø  FM for 3% spectrum fee on mobile companies winning in auction 
 
Ø  RBI panel wants retail inflation as new policy benchmark
Ø  India slips on global map for business opportunities
Ø  RBI may ease liquidity further in the third-quarter monetary policy review
Ø  Mayaram panel considering 2 categories for foreign investment
Ø  FIIs may dump govt debt if inflation fall reverses: Nomura
Ø  Sebi for regular issuance of govt bonds to deepen liquidity
Ø  Power stocks under pressure post Maha tariff cut
 
Ø  FIPB to take up HDFC Bank plan to hike foreign holding stake on Feb 3
Ø  HZL shares spurt as CCEA approves sale of Govt’s residual stake 
Ø  IVRCL seeks Rs 2,750-crore debt rejig
Ø  Colgate Palmolive Q3 net flat at Rs 113 cr 
Ø  MMTC’s retail gold sale not a collective scheme: SEBI
Ø  Sops for coastal shipping may bring down commodity prices 
 
Ø  FIIs holdings in Indian equities at 6-year high; trend to continue
Ø  RBI panel recommends policy committee, CPI inflation gauge
Ø  Kotak Mahindra Bank’s net profit falls on higher provisions
Ø  Thermax third quarter net profit falls 13% to Rs.66.64 crore
Ø  Nos of PE investors shrinks by more than 20% in last 2 yrs

Ø  RBI proposes to use unclaimed money on depositors’ education
Ø  McLeod Russel Q3 net profit marginally up 4.5 pc to Rs 128.66 cr
Ø  Info Edge (India) Limited Q3 results: PAT up by 4.6 pct
Ø  Real estate prices still high despite weak demand: Ind-Ra
 
Ø  Unilever beats forecasts as emerging markets rebound