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Today’s Evening Business News Snapshot

Today’s Evening Business News Snapshot

News Round-up:
*Emerging markets’ output growth slows in Dec: HSBC
*Banks may pull Nifty down to 5800; shun Infy, Wipro: Ambit
*DB to launch Bihar edition; sees 17-20% growth in Q3
*Apple, Amazon downgraded ‘on moral and ethical grounds’: Reports
*RBS’ Japan unit to pay $50 million over Libor
*Asia Index launches S&P BSE India 10-yr sovereign bond index
*Asian shares fall to near 4-month low, dollar regains strength
*European shares edge higher, inflation data awaited
*Optimism high around globe for better 2014: Poll
*BJP’s tax abolition dream is impractical
*Mumbai airport hopes for a glitch-free opening of T2
*IT firms to report moderate sales growth in Q3: Analysts
*Odisha bends norms on iron ore output cap to boost production
*More business houses see a reversal of fortunes in 2013
*Hindustan Motors plans to raise Rs 150 cr by diluting stake in Chennai plant
*Financial Technologies hits five-month high, stock surges 45% in three days
*Delhi govt cannot afford power subsidy: Ex-CERC chief
*JSW Steel promoter hikes stake in company
*Honda City new version includes diesel variants
*Future Generali India Life Insurance appoints Munish Sharda as MD & CEO
*NMDC production up 37%, dispatches higher at 40% in Q3
*L&T bags power transmission contract in Saudi Arabia
*Eye double digit margin from Saudi Aramco order: L&T Infra
*Zuari Fertilisers keen to exit MCF by Feb
*Board to decide if FT can subscribe to rights issue: MCX
*Hindalco’s Mahan coal block under CBI scrutiny
*FCCB default: Suzlon debtors may agree to $500mn settlement
*Cairn hikes daily crude production in Rajasthan by 8%: Srcs
*Curbs on gold imports to stay, at least till March: Mayaram
*Govt to offload stakes in IOC, Engineers India in January, Bhel in February, HAL in March: Economic Affairs Secretary Mayaram.
*Sensex ends 94 pts down; Maruti up 2%, Tata Steel falls 4%
*ONGC-OIL pay $2.47 bn to Videocon Group for 10% stake in giant Mozambique gas field.

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