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Morning News Round-Up:

Morning News Round-Up:

Ø  CIL share sale floor price set at Rs 358 per share 

Ø  CIL stake sale: Strong pitch made to foreign, domestic investors 

Ø  Retail investors may get an extra day to place OFS bids

Ø  Fitch Affirms Tata Motors at ‘BB’ with stable outlook

Ø  India overtakes China as leading gold consumer

Ø  FinMin to review public sector insurers’ performance

Ø  Bhutan’s debt increasing at 9.5%, India largest creditor
 
Ø  Steel firms fear price war, ask NMDC for lower iron ore prices

Ø  Adani Enterprises may get shares in power, port arms

Ø  After Vodafone ruling, govt changes tax rules to boost investment

Ø  HDFC Q3 net up 12% at Rs 1,425 crore

Ø  Bharti Airtel subsidiary to apply for Payment Bank Licence

Ø  Crude oil prices expected to pick-up in a year’s time

Ø  Foreign investors likely to be allowed T+2 bond settlements from April

Ø  SBI settles issue with regulator via consent route

Ø  Solar dispute cloud over Indo-US relations 

Ø  BHEL commissions 600 MW thermal unit in Odisha

Ø  Oriental Bank of Commerce net down 91% in Q3

Ø  Carborundum Universal profit doubles in Q3     
 
Ø  Dr. Reddy’s Q3 profit drops 7% on muted sales growth in the US

Ø  India not ready for full capital account liberalisation: RBI

Ø  Kotak Mahindra to acquire 19.9% stake in Airtel M Comm

Ø  Zomato acquires Turkey-based Mekanist for an undisclosed sum

Ø  Mahindra raids auto part makers to counter fake products

Ø  FIIs pour in $3 bn into corporate bonds in January

Ø  Indian energy firm NTPC bars foreign bids for three solar projects

Ø  India tops Credit Suisse emerging consumer scorecard

Ø  US Federal monetary policy meeting effect on India: 4 top points
 
Ø  Commerce ministry seeks cut in tax on gold, SEZs

Ø  Escorts plans Euro tractors for next-generation farmers

Ø  IDFC Q3 net declines 15.7% to Rs 400.8 cr

Ø  GDP base year revision may help govt contain fiscal deficit

Ø  Sesa Sterlite Q3 consolidated PAT down 11% to Rs 1,588cr

Ø  A section of CIL unions oppose stake sale

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