Morning News Round-up:
Ø WB cuts global economic outlook despite oil price drop
Ø India’s trade deficit with China rose to $37.8 bn
Ø Timing of CIL stake sale to be decided by FinMin: Coal Secy
Ø Tata Motors global sales up 8 per cent in December
Ø Oil prices down again as UAE defends production hold
Ø Court bars Cipla from selling copy of Novartis respiratory drug
Ø Crude price slump a boon for India, says RBI
Ø Govt rethinks CIL, ONGC stake sale as stocks fall
Ø Lakshmi Vilas Bank profit up by 338.68 % in Dec quarter
Ø IndusInd Bank Q3 profit up over 29% meets street estimate
Ø RBI against broad-basing CRR to include forex, gold
Ø Clariant Chemicals hits record high on interim dividend of Rs 140 per share
Ø MFs directed to stop dividend re-investments in ELSS
Ø Crude oil plunges again as UAE defends holding production
Ø Wipro Enterprises gets nod for share capital reduction
Ø SsangYong turnaround still not complete, says Mahindra
Ø India’s oilseed production should be linked to food security, says industry
Ø SEBI clears charges against India Infoline Finance
Ø Cotton output estimates stand at 407 lakh bales
Ø Tata’s offer for DoCoMo buy-back gets RBI nod
Ø Govt proposes ban on sale of loose cigarettes
Ø Domestic drug sales cross Rs87,000 crore despite pricing control
Ø Govt issues executive order to start mineral mine auctions
Ø Sebi seeks fresh clarification on Videocon d2h’s Rs700 cr IPO
Ø Debt markets start pricing in February rate cut after CPI data
Ø DCB Bank Q3 profit up 17% at Rs42.5 crore
Ø High Court restrains TCS from retrenching its analyst
Ø Indian rupee ends near one-month highs vs US dollar, up 2 paise at 62.14
Ø BSE Sensex falls 159.54 pts to end at 27,425.73; Nifty closes at 8,299.40
Ø Rel Ind, BP, Cairn India suggest gas price at $5.7-7.4 per unit
Ø Investors may cut India slack on deficit target, if Union budget credible
Ø Sebi eases norms for offshore funds biz
Ø RCom loses 2% market share in one year
Ø Vivimed targets 25% growth to achieve Rs 5,000 cr sales
Ø Remittance regulations for persons under Fema
Ø Fresh investors enter at fastest pace: NSDL
Ø China Dec exports beat expectations, but pressures persist
