Categories: Uncategorized

Morning News Round-Up : 31st Dec

Ø  HUL sells iconic headquarters to HDFC for Rs 300 cr

Ø  FinMin for easing of FDI norms in pharma sector

Ø  OPEC oil output hits 6-mth low in Dec on Libya

Ø  New norms for reclassifying promoter as shareholders

Ø  Sebi to allow one-time registration for DPs

Ø  JSW Holdings seeks nod for Rs 2500cr transactions

Ø  Govt considering 10 % import tax on pulses: Source

Ø  States to get 1-year grace period for implementing GST
 
Ø  Govt to not extend tax breaks to automakers beyond Dec 31

Ø  Oil hits below $57 on supply glut, a new low after May 2009

Ø  Make in India gets defence sector spurt as BHEL takes up submarine project

Ø  Sebi allows exit of Ludhiana Stock Exchange as bourse

Ø  NCDEX proposes to cover APMCs also in common clearing corp

Ø  Japan’s ruling coalition approves corporate tax cuts to spur growth

Ø  RBI stress test indicates limited risks to banks

Ø  HSL, BHEL, Midhani form consortium for submarine contract

Ø  Govt amends Arbitration Act to attract investments 

Ø  Lupin has to wait for hike in FII headroom

Ø  Cement use for roads: developers demand three-year supply at a pre-set price 

Ø  Amazon asked not to lobby individually for FDI in e-commerce   
 
Ø  Indian airlines set to post an operating profit of Rs8,100 crore: Crisil

Ø  Capital goods sector remains under pressure

Ø  Saroj Poddar revises open offer size for Mangalore Chemicals to 36.56%

Ø  L&T building and factories biz gets orders worth Rs2,521 crore in December

Ø  MF investments in equities, debt markets in 2014 at all-time high

Ø  Oil firms face Rs 10,000 crore inventory loss, depreciating rupee

Ø  Initiate buy on Religare with target of Rs 364: Axis Capital

Ø  Murmurs no longer, shareholder voices get heard in 2014

Ø  RGPPL lenders seek more loans as equity
 
Ø  Power critical to attract new industries to AP and Telangana

Ø  BSE hits record high currency derivatives turnover

Ø  Govt plans industrial corridors, smart cities to boost manufacturing

Ø  Sebi proposes new norms for issuance, listing of muni bonds

Ø  SpiceJet asked to pay $31.5m to state airport operator

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