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Morning News Snapshot

Ø  India asks EU to abolish import duty on its textiles
Ø  Coal India to collaborate with SAfrica’s trade dept
Ø  Spectrum auction: Bids worth Rs 50k-cr on Day 3
Ø  CCEA may consider today hike in sugarcane FRP
Ø  FII, NRI investment allowed in insurance, allied activities
Ø  ONGC to sell additional gas to Steel Exchange India Ltd
Ø  Ranbaxy sets aside Rs 257.4 crore for impact of USFDA ban

Ø  CBI set to finalise six coal FIRs, Birla out of first list
Ø  Ranbaxy Q4 net loss narrows to Rs 159 crore
Ø  Govt agrees upon Rs 17,630 cr projects in the port sector
Ø  Bulk deposit rates shoot up as banks scramble for cash
Ø  MCX Board meet on Feb 7 to decide on FTIL’s stake cut
Ø  NSE to implement risk reduction mode for currency derivatives

Ø  Centre puts captive coal block auction on hold
Ø  ONGC eyes IOC stake at 6-month average price
Ø  Punjab allots 50 acres land to Infosys in Mohali
Ø  Decline in India’s service sector eases in Jan, employment rises: HSBC
Ø  Coir Board draws up plans to avert fibre shortage crisis

Ø  India’s services PMI downturn eases in January
Ø  DERC issues notice to Delhi discoms, special hearing on 7/2
Ø  Govt cashes in $38 m in guarantees for AgustaWestland deal
Ø  RBI cancels Rs15,000 crore bond auction
Ø  Bharti Airtel recasts Africa operations
Ø  Huawei allegedly hacked BSNL network: govt
Ø  Bhel posts Rs 695 cr profit in Oct-Dec quarter
Ø  European Commission accepts Google anti-trust pledges
Ø  Nitin Gadkari bats for introduction of transaction tax
Ø  Drugmakers Cipla Ltd, Sun Pharmaceuticals may miss quarterly estimates: StarMine
Ø  BP seeks licence to sell jet fuel in India
Ø  Hero MotoCorp unveils two new 100 cc bikes
Ø  Idea gains 81 lakh users through MNP, RCom loses 60 lakh
Ø  GlaxoSmithKline posts Rs 79.75 cr net profit in Dec quarter
Ø  Kolte-Patil Developers buys 34 acres land in Pune for 350cr
Today’s Key Result
6th Feb
ACC(Cog Est Net 184cr -23% Yoy)
Ambuja Cem(Cog Est Net 189cr -11% Yoy)
BOB(Cog Est Net
Aban Off,Apar Inds, Aurobindo Pharma,Bajaj Corp,Balram Chini,Central Bank,City Union,Electrol Steel,Elgi Equip,Essar Ship, Gati ltd,Ge Ship,Greaves Cot,Gspl,Gvk Pow,Hercules, Himat Seide,Hind Media, Jubliant life,Kcp Sug,Mrf, Omaxe Ltd,Rane Hold, Rel Infra,Rel Pow,Srei Infra, Zuari Agro,Zuari Glob,Zydus Wellness

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