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Morning News Snapshot

Ø  Norway’s $810 bn oil fund excludes Sesa Sterlite
Ø  Govt may allow 100% FDI in high speed train systems next month
Ø  DGCA penalises IndiGo, Jet, GoAir; airlines lose 6 prime landing slots
Ø  Rel Clean Power amalgamation with R-Power gets Sebi nod
Ø  ‘MAT & DDT dented investor friendly image of SEZs’
Ø  Hero MotoCorp Q3 net rises 7.5% to Rs 525 crore
Ø  FM may focus on social sector in Interim Budget
Ø  Govt bonds at one-month low on Fed taper jitters
Ø  Aadhar-linked LPG subsidy scheme suspended
Ø  Goa iron ore auction in early next month
Ø  Vikram Bakshi offers to buy out McDonald’s stake
Ø  Not liable to pay taxes for Indian operations:Google to HC
Ø  Low demand, higher costs key worries for JSW Energy
Ø  India better prepared to weather Federal Reserve taper storm: Fin Min
Ø  GoM okays hike in fixed cost of urea by Rs 350/t
Ø  Growers worried as rubber prices drop to 140/kg
Ø  Levying transaction charge for own bank ATMs is ridiculous: Chakrabarty
Ø  EIL follow-on offer gets ministerial panel approval
Ø  Cadila Healthcare gets US FDA nod for arthritis drug
Ø  CCEA approves spectrum usage charges at 5% of revenue
Ø  CCI orders new investigation against Coal India subsidiary
Ø  Piramal Enterprises posts Rs.11 crore net loss
Ø  Indiabulls Real Estate profit down 46% at Rs.28 crore
Ø  Union govt-owned ports set to reap a rate hike bonanza of 35%
Ø  Publicis Groupe acquires 51% stake in Law and Kenneth
Ø  BSE Sensex at two-month low after US Fed decision
Ø  EIH Q3 profit up 25 pct Rs 41 cr
Ø  TTML narrows down net loss to Rs 156.36 cr in Q3
Ø  Neyveli Lignite Net jumps 121 pc to Rs 489 cr in Dec quarter
Ø  Six PSUs sign up for world’s largest solar plant
Ø  RBI’s carrot & stick to borrowers, lenders to revive bad loans
Ø  Govt to discuss unlocking value of BSNL, MTNL property today
Ø  India offers stable and non-adversarial tax regime: FM

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