Morning News Roundup

Ø  Oil rises by $3, Energy cos face Rs 27,000 crore burden 

Ø  Govt may allow issue of depository receipts against debt

Ø  Govt gets Rs 18,267cr upfront payment for spectrum

Ø  FII investments reach trigger limit in Maruti Suzuki India

Ø  Tata HQ Bombay House becomes first heritage building to get gold rating

Ø  Government notifies subsidy of Rs 3,300/tonne for raw sugar export

Ø  Cabinet note on FDI in rail, construction sectors cleared

Ø  Competition Commission plans pact with BRICS grouping

Ø  Ketan Parekh gets two years’ rigorous imprisonment

Ø  RBI extends deadline to exchange pre-2005 notes

Ø  Power Grid announces investment of Rs 575 crore

Ø  Bitcoin exchange looks into criminal complaint

Ø  IRDA permits insurers to invest in equity ETFs 

Ø  SBI declares 150% interim dividend
 
Ø  India’s manufacturing PMI for February shows green shoots: HSBC

Ø  L&T bags Oman road order worth Rs. 1,550 cr

Ø  Ramco Systems, bags Malaysian Airlines deal  
 
Ø  Airtel, Safaricom seek to buy Kenyan rival Essar’s Yu

Ø  Rupee leads Asian currency declines on Ukraine jitters

Ø  Govt to investigate suspected Rolls-Royce deal kickbacks

Ø  Car sales remain sluggish in February despite excise duty cuts

Ø  Citigroup says US probing anti-money laundering controls

Ø  Sebi wants monitoring agency to keep an eye on all IPO funds

Ø  EXL Q4 Net up 30 pct to USD 15.8 mn; to expand in India, Philippines

Ø  Delhi-Mumbai Industrial Corridor launched in Maharashtra

Ø  AstraZeneca Pharma shares surge 20 pct on delisting offer

Ø  Jaiprakash Power shares slide over 15 pct on TAQA deal

Ø  India, US to intensify cooperation in tax evasion cases

Ø  India, UAE discuss resolving Gulf firms’ investment issues

Ø  TCS, Wipro spend $510,000 on US lobbying in 2013

Ø  Govt tightens checks to curb gold smuggling

Ø  Oriental Bank raises fixed deposit rates by up to 3.25 pc