{LONGTERMINVESTORS} Daily News Briefing

 

Economic Times

Ø  'Oil producing nations to sell $240 bn assets'
Ø  French president declares economic emergency
Ø  Saudi Arabia alarmed at Iran sanctions ending
Ø  China seen posting slowest economic growth in 25 years as policy risks grow
Ø  India a land of opportunities among BRICS countries: Experts
Ø  RBI to buy back Rs 10,000 crore worth of government bonds
Ø  Sagar Cements in talks to buy JP's Andhra Cements
Ø  Ajay Piramal to float Rs 6K-cr distressed assets fund

Business Standard

Ø  Budget 2016: IPPAI bats for tax incentives for power sector
Ø  PCRA, World Bank conduct fuel conservation study in Chennai
Ø  Govt looks to cap trading margin on drugs at 35%
Ø  Govt unlikely to mobilise Rs 15,000 cr from gold bond scheme
Ø  Raghuram Rajan urges Oz firms to invest in Indian market
Ø  New curbs on agri-commodities won't impact hedging: Sebi
Ø  Wockhardt to toe US FDA line on Shendra unit
Ø  Share pledges at 7-year high

Business Line

Ø  India keen to buy more oil from sanction-free Iran 
Ø  OPEC expects decline in supply from non-member nations
Ø  TS utilities enter into power supply pacts with NTPC, SCCL
Ø  Trust gap widens to record high globally; 4th highest in India 
Ø  RIL, RPower, HCL Tech results on Tuesday 
Ø  Nalco to send team to Iran to discuss $2 bn plant 

Mint

Ø  Wipro meets estimates as profit rises nearly 2%, but margins hit
Ø  Indian firms most optimistic about economic recovery: Report
Ø  Reliance Jio to raise Rs15,000 crore via rights issue
Ø  Kotak Mahindra Bank Q3 profit rises 36.56% to Rs634.7 crore
Ø  SC issues notice to three Delhi discoms over CAG audit row
Ø  Reliance Jio, R-Com sign another spectrum-sharing deal for faster 4G rollout

Financial Express

Ø  Govt comes out with Indian AS for banks, insurance firms
Ø  Mindtree to buy Magnet 360 for $50 mn
Ø  Sensex falls 266 points on global cues, Nifty settles at 7,351
Ø  Maruti Suzuki S-Cross prices reduced by over Rs 2 lakh in India
Ø  Implementation challenge for Indian economy: RBI Guv Raghuram Rajan

Financial Chronicle

Ø  India, EU to revive trade talks
Ø  Exports shrink 15% in Dec; trade deficit widens on gold imports
Ø  COAI urges government to reduce tax burden on telcos
Ø  Over 5m jobs may be lost globally in 5 yrs: WEF
Ø  Lower oil prices unlikely to revive demand in Asia: HSBC
Ø  Richest 62 have same wealth as poorest half of world: Survey

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