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Morning News Snapshot

Ø  Tech Mahindra may buy equity stakes in FT

Ø  Investors shun emerging markets, especially SA: BofA poll

Ø  Spectrum winners to pay Rs 18,529 cr by Feb 27

Ø  US regulator on India visit calls for greater drug safety collaboration

Ø  P-Notes investments hit 5-mth low of Rs 1.63 lakh cr

Ø  Essar Energy unveils $100 mn program for UK refinery
 
Ø  Govt cancels nine coal blocks of 33 companies

Ø  Bad loans of listed banks shot up 35% in 9 months

Ø  GSK-Dr Reddy’s JV eyes 1st product in Europe this year

Ø  Loop acquisition is a win-win deal for Airtel

Ø  BOJ holds fire despite soft GDP, reiterates upbeat view

Ø  Prlmnt panel recommends amendment of Railways Act

Ø  Listed cos too will have to file IPO-like document annually

Ø  Air India, Jet, SpiceJet may post ‘record losses’ this fiscal

Ø  Moody’s: India has met deficit target but fiscal position remains weak 

Ø  RBI plans term repo auctions

Ø  Bank lending to infrastructure projects gets a push

Ø  Welding industry may attract investments worth Rs. 2,100 cr in 3 years

Ø  ABB Q4 profit up on improved margins 
 
Ø  UB Group loses more stake in United Spirits

Ø  Drugmaker Actavis to buy Forest for $25 bn

Ø  Aurobindo to buy Actavis’s loss making European business

Ø  Coal India units see double-digit output growth in 2014/15

Ø  Govt unveils Rs617 core education scheme for Muslim youth

Ø  ‘Candy Crush’ game maker King Digital announces IPO to list on NYSE

Ø  ‘Developing Asia led by China, India to grow by 6.5 pct in 2014’

Ø  BSE Sensex jumps 170 pts to 3-week high as budget cheer continues

Ø  Tata Group India’s most valuable brand, Apple Inc. on top globally

Ø  Adani Gas reduces CNG prices by Rs 12 per kg & PNG by Rs 5 per scm
 
Ø  Action by Sebi under ordinance to remain valid: Govt

Ø  CAG says EPFO earned more, paid less to members in 4 fiscals

Ø  Spectrum auction to boost consolidation in telecom industry: Fitch

Ø  CBI registers cases on imported coal supply to NTPC, NSPCL

Ø  FDA head says working with India to improve drug quality, safety

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