Thursday, 25 February 2016

{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Digital India a $1-trillion biz opportunity: Prasad
Ø  4G handset queries up 200% in India in 2015: Google's report
Ø  Gujarat owes over Rs 1,65,000 cr as public debt
Ø  India Inc's Jan foreign borrowing down 46% at $1.4 bn
Ø  EPFO tightens norms for withdrawal of Provident Fund
Ø  Diageo to pay Vijay Mallya over Rs 515 crore as separation fee
Ø  RBI includes National Bank of Abu Dhabi in schedule II of Reserve Bank Act

Business Standard

Ø  Union Budget may toe the line on pay panel proposals
Ø  Infy Board sets 2020 aspiration as target before Sikka and team
Ø  IDBI Bank prices share offering to LIC at Rs 53.44 a share
Ø  Rupee hits new 30-month low at 68.72, down 15 paise
Ø   Fitch assigns NTPC's $500 mn notes final 'BBB-' rating
Ø  Centre offers Rs 1.9k cr for solar energy till January-end in FY16
Ø  Wockhardt gains on raising Rs 36cr from promoter group co

Business Line

Ø  IMF report urges G20 to prepare global economic stimulus plan
Ø  Tata Motors' Nano sales continue to dwindle
Ø  Sensex ends down by 113 points; federal budget in focus
Ø  Defence ind players join hands to promote indigenous R&D
Ø  Dishman Pharmaceuticals board approves maiden 1:1 bonus 
Ø  Johnson & Johnson defiant despite $72-million lawsuit

Mint

Ø  RBI warns banks: ensure promoters don't buy back seized assets
Ø  RBI gives banks more time to exit SDR assets
Ø  UltraTech leading race to acquire Jaypee's 20 mt cement capacity
Ø  Railways to set up holding company for divesting assets
Ø  Fears of rating downgrade make FPIs steer clear of Indian bonds
Ø  Unitech defaults on Rs38.52 cr payments to Central Bank of India

Financial Express                

Ø  Rail Budget fails to impress stock markets, Sensex closes 113 points down
Ø  Adani's Australian coal mine project inches closer to getting lease
Ø  RBI must tighten its own belts too in tackling NPAs
Ø  Installed solar power capacity touches 5,000 MW in January

Financial Chronicle

Ø  Key highlights of Railway Budget for 2016-17
Ø  SBI, ICICI made permanent members of joint lenders forum
Ø  RCAP hives off commercial biz, may sale stake
Ø  Digital issuance of insurance policies sooner than later
Ø  Bond troubles may hit PM's borrowing programme

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