Morning News Snapshot

Ø  Foreign banks bracing for tough US Fed capital rules
Ø  Interim budget key for stk mkts in near-term: Experts
Ø  Airtel may announce Loop Mobile acquisition in 2 days
Ø  GSK Pharma’s Rs 6,400 cr open offer begins Tuesday
Ø  Essar takeover plan to hit UK investors: Report
Ø  RBI net buyer of dlrs in Dec, purchases over $ 5 bn
Ø  Airtel may announce Loop acquisition in next 2 days
Ø  JSW Steel opposes move to withdraw 5% duty on export of pellets
Ø  Piramal rejigs finance services, to scale down NBFC business
Ø  Worst is over for country’s steel sector: SAIL chief
Ø  Electronics industry demands GST from next fiscal
Ø  Tatas find fraudsters using its name for online ponzi scheme

Ø  Oil exporters unlikely to fall in with India’s idea of trade in local currency 
Ø  Ministerial group for cancelling 29 coal block allotments
Ø  ‘Chrome, Firefox vulnerable to mischievous attacks’
Ø  Japanese firm to invest $5 m in Alp Consulting
Ø  FMC allows commodity bourses to impose differential transaction fees 
Ø  RBI begins fresh audit at United Bank of India
Ø  Bank licence: Jalan panel may be ready to make final suggestions by month end
Ø  ONGC to raise gas output to 100 mmscmd by 2017-18
Ø  Mobile tariffs have to be increased every year: Vodafone
Ø  DLF trims debt, but the onus is now on real estate to deliver

Ø  U.S. stocks look to Fed view, tech charts
Ø  HC to hear fresh PIL against NSEL and Jignesh Shah
Ø  Pharma sales in India to touch $27 bn by 2016: Deloitte
Ø  Etihad Airways gets SEBI notice on Jet Airways deal
Ø  Sebi tries to make Mutual Fund’s more ‘mutual’, small players unhappy
Ø  India records peak power deficit of 4%: CEA
Ø  Travel industry eyes consolidation
Ø  DIIs turn net buyers in February, as FIIs exit
Ø  Withdrawal option in NPS may have huge implications
Ø  Bajaj Auto faces fresh worker strike at Chakan
Ø  SBI plans Rs 885 cr Esops for all staff

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