Morning News Roundup

*GDP may grow 5.6% next fiscal: India Ratings

*NPAs rise as slowdown persists; bad loans of public sector banks surge 5% by
Dec end; FM tells the lenders to focus on remedies

*RBI sells special drawing rights to pay Govt; $ 1.63bn to help Govt contain     fiscal deficit

*Shipping Ministry approvals for new projects pick up pace

*The revised tarrifs norms by the central electricity regulator will have a
negative impact on margin of state owned utilities like NTPC,Powergrid & NHPC

*Lending by MFIs up 52% in Oct-Dec

*Flies found by US FDA threaten Indian town Tonsa built on generics

*Maruti’s Gujarat plan: MFs head to SEBI,LIC

*Maruti plans to put growth on auto mode, the Celerio way

*TECHM,Texas instrument set up lab for ‘IOT in Banglore

*End soon to impasse on RIL bank guarantee

*Bharti Airtel likely to improve performance in 2years

*Sun Pharma eyes Japans generic biz

*Lupin gets USFDA nod to market generics

*ONGC & Oil India to pick 5% each in IOC next Friday @ 220 per share

*CIPLA under I-T scanner for alleged tax evasion

*CIL plan to set up power plant by FY16

*Tata Motors adds 10 models to low priced Prima range trucks

*Jet Airways offers discounted fares for women flyers

*Vijay Mallya pledges from United Breweries

*SEBI has told FTIL to submit response to its showcase notice by March 17

*Suntory in talks to invest in Radico Khaitan’s liquor business

*Biocon arm,Canara bank tie up for e-healthcare in Odhisa

*PVR challenges state move to tax convenience fee

*Muthoot Finance launches white-label ATM in Kerala

*Thomax Cook, Y-Axis tie up for immigration services

*SAIL-led group hopes to buy coal assets in Poland

*Central bank sells entire stake in Cibil

*Mannappuram Finance to diversify loan portfolio