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Morning News Round Up

Morning News Round Up

Ø Vodafone draws up plan to take on Bharti, Rel Jio.

Ø ‘Decision on spectrum fees, M&A rules’.

Ø FIPB to consider 17 FDI proposals on February 3.

Ø Tech Mah bullish on hiring; headcount to cross 1-lakh soon.

Ø Tata Motors MD Karl Slym passes away in a freak accident.

Ø Flies in Ranbaxy plant’s sample storage room: FDA .

Ø US troubles might force Ranbaxy to look beyond.

Ø Goldman Sachs may acquire 26% stake in Opto Circuits.

Ø BPCL plans Rs 13,000-cr Numaligarh refinery expansion.

Ø NLC production to jump to 11,195 MW in a decade.

Ø SAIL may retain dividend payment to government at Rs 700 crore.

Ø India’s unemployment rate may rise to 3.8% this year: ILO.

Ø Monetary policy, Q3 results, FOMC meet to dictate market trend: Experts.

Ø LIC trims stake in 17 blue-chips firms.

Ø Market cap of 4 Sensex firms dives Rs 19,049 cr.

Ø Switzerland ready to play active role in developing tax info sharing standards.

Ø India likely to save as much as Rs.1,863 crore in potash imports.

Ø Cairn Energy says contacted by Indian tax authority.

Ø GMR Infra gets board approval to raise Rs.2,500 crore.

Ø UCO Bank net profit jumps 207% on lower provisions.

Ø Microsoft profit beats forecasts, no word on new CEO.

Ø KPMG to pay $8.2 million to settle SEC auditing charges.

Ø IMF quota reform delay to help India save Rs 14K cr in FY’14.

Ø Guidelines for RIL bank guarantee by Feb 10: Moily.

Ø 11 pc dip in workforce engaged in agriculture sector: Assocham.

Ø FDI inflows into Maharashtra, NCR plunge during Apr-Oct 2013.

Ø Indian economic growth prospects good: Deutsche Bank’s Jain.

Ø Maruti slots into automatic transmission mode with Celerio.

Ø WEF meet ends; leaders exude cautious optimism over global economy.

Ø Time for central banks to take a hard look at bitcoins: Kotak.

Ø JK Cement Q3 net dips 79%.

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