Morning News Roundup

Ø  RBI likely to issue few bank licences: Chidambaram

Ø  Q3 Current account deficit drops to 0.9 per cent

Ø  Reliance Jio seeks contiguous spectrum for 4G service in NE

Ø  Tata Power to finalize on Rs 2k-cr rights issue on Sat

Ø  IRB starts work on Rs 4,139-cr road projects

Ø  Sanofi files cases against Glenmark on patent infringement

Ø  Fed confirms bad weather hit to US economy
 
Ø  EC announces 9-phase LS polls from Apr 7 to May 12

Ø  Infra projects worth Rs 13 lakh cr await clearance

Ø  Russia sold $ 11.3 bn to support ruble on ‘Black Monday’

Ø  China maintains growth target at 7.5%; focus to reforms

Ø  GST meet on March 10 to focus on IT infra

Ø  Lower production estimate may boost castor price

Ø  Apollo, ICICI Venture to close $750-mn fund

Ø  DoT panel wants penalties for violation by telcos

Ø  Indian PSU banks’ bad loans likely higher by end-March:FM

Ø  Oil India output drops 50% due to protests in Assam

Ø  Chennai airport scrambles to meet EU norms 

Ø  Tata Comm ties up with Turkish firm 

Ø  India may grant 100 MW power to Dhaka from ONGC Tripura  
 
Ø  WHO cuts sugar intake advice to 5% of daily energy

Ø  BSE’s new MF platform to open on 6 March

Ø  Dr. Reddy’s launches generic version of Avelox in US

Ø  BP, Niko say they are part of RIL gas arbitration

Ø  AstraZeneca defers delisting offer; stock down 5.26%

Ø  London gold-fix banks accused of manipulation in US lawsuit

Ø  Sebi finds serious anomalies in Subrata Roy’s Sahara group papers on investors

Ø  India not to achieve $325bn export target this fiscal: FIEO

Ø  Bitcoin bank Flexcoin closes after high-tech heist

Ø  Gold import curbs to be reassessed after final CAD figures: P. Chidambaram
 
Ø  Balance of payments swings to surplus: RBI

Ø  Chidambaram to discuss United Bank crisis with RBI Governor

Ø  Services activity slump moderates in Feb; orders fall

Ø  Turmoil in Ukraine to impact Indian exports: EEPC