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Morning News Snapshot

Morning News Snapshot

➢  RBI: Currency notes issued before 2005 to be withdrawn post Mar 31
➢   Larsen & Toubro Q3 profit rises 12 per cent
➢  Airtel may sell mobile towers in Nigeria for $550 mn
➢   ‘No government permission needed for spectrum trading’
➢   Haryana forms Infrastructure Development Board
➢   M&M Finance profit dip 18% in Q3 due higher provisions

➢   HDFC Q3 net profit rises 12% at Rs 1,277 cr
➢   EOW unearths how NSEL borrower diverted funds to buy benami assets
➢  Rupee gains as Sensex hits record closing high
➢  DCB Bank to seek more time to dilute promoters’ stake
➢   Raymond Q3 profit jumps over four-fold to Rs 56.89 crore
➢   Oil Ministry split on extra time for RIL to validate gas finds  Business Line

➢   Wipro shuts mobile TV business
➢   LIC’s stake in Axis Bank crosses 10%
➢   RBI panel proposes fixing CPI inflation target at 4%
➢   Alstom T&D India bags Rs 106 cr order from RIL’s Jamnagar refinery
➢   Karnataka ranks 9th in financial inclusion: Crisil index
➢   Mahindra Financial net falls 18% in Dec quarter

➢   SEZ land acquisition: SC commences final hearing
➢   BPCL plans $2.8 billion expansion for 2 refineries
➢   ONGC eastern offshore gas output may go up to 2 MMSCMD by September
➢   IT dept seeks information on transfer of assets from Cairn
➢   Dabur India Q3 net profit rises 15.7%
➢   Retail inflation for farm, rural workers soften in December
➢   ADB to give $400 mn loan to boost India’s pvt infrastructure investment
➢   Mutual Funds’ exposure in banking stock hits 6-month high
➢   Worst over, economic growth in India to touch 5.5 pct, says Moody’s

➢   Rigour and risk in Reserve Bank of India’s reform push
➢   India better prepared now for US tapering: PC
➢   RBI directs banks to follow NEFT guidelines strictly
➢   Emerging markets need to guard against asset bubbles:IMF chief
➢   Koenig

➢  RBI: Currency notes issued before 2005 to be withdrawn post Mar 31
➢   Larsen & Toubro Q3 profit rises 12 per cent
➢  Airtel may sell mobile towers in Nigeria for $550 mn
➢   ‘No government permission needed for spectrum trading’
➢   Haryana forms Infrastructure Development Board
➢   M&M Finance profit dip 18% in Q3 due higher provisions

➢   HDFC Q3 net profit rises 12% at Rs 1,277 cr
➢   EOW unearths how NSEL borrower diverted funds to buy benami assets
➢  Rupee gains as Sensex hits record closing high
➢  DCB Bank to seek more time to dilute promoters’ stake
➢   Raymond Q3 profit jumps over four-fold to Rs 56.89 crore
➢   Oil Ministry split on extra time for RIL to validate gas finds  Business Line
➢   Wipro shuts mobile TV business
➢   LIC’s stake in Axis Bank crosses 10%➢   RBI panel proposes fixing CPI inflation target at 4%
➢   Alstom T&D India bags Rs 106 cr order from RIL’s Jamnagar refinery
➢   Karnataka ranks 9th in financial inclusion: Crisil index
➢   Mahindra Financial net falls 18% in Dec quarter

➢   SEZ land acquisition: SC commences final hearing
➢   BPCL plans $2.8 billion expansion for 2 refineries
➢   ONGC eastern offshore gas output may go up to 2 MMSCMD by September
➢   IT dept seeks information on transfer of assets from Cairn
➢   Dabur India Q3 net profit rises 15.7%
➢   Retail inflation for farm, rural workers soften in December
➢   ADB to give $400 mn loan to boost India’s pvt infrastructure investment
➢   Mutual Funds’ exposure in banking stock hits 6-month high
➢   Worst over, economic growth in India to touch 5.5 pct, says Moody’s

➢   Rigour and risk in Reserve Bank of India’s reform push
➢   India better prepared now for US tapering: PC
➢   RBI directs banks to follow NEFT guidelines strictly
➢   Emerging markets need to guard against asset bubbles:IMF chief
➢   Koenig offers training course in Bitcoins training course in Bitcoins

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