{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  RBI Guv criticises MNCs for avoiding billions in taxes
Ø  Urban infra sector offers Rs 73 lakh crore for private players
Ø  RBI rationalises FEMA norms to improve ease of biz
Ø  PFRDA to allow online exit from NPS scheme from April 1
Ø  'Solar, wind projs may attract $20bn investment'
Ø  India's exports may fall to $265-270 billion in FY16: FIEO
Ø  New policy in Feb to speed up nod for housing projs
Ø  India enjoying robust economic growth: IMF chief

Business Standard

Ø  GST may be delayed further as parties get poll-ready
Ø  Birla Corp seals Rs 4,800-crore cement deal with RInfra
Ø  Ratan Tata, US varsity to invest in Indian start-ups
Ø  Tata Steel posts net loss of Rs 2,127 cr in Q3
Ø  UN panel rules in favour of Assange
Ø  RBI sets rupee reference rate at 67.8093 against US dollar
Ø  Bank of England cuts UK growth forecasts, holds rates
Ø  Jayant Sinha urges 15% EPFO investment in equities

Business Line

Ø  Budget session to commence on Feb23,Union Budget on Feb29
Ø  Lafarge to quit India, puts entire 11 mtpa on the block
Ø  Godrej Consumer expands its African presence with another acquisition
Ø  Rupee trading strong at 67.56 on heavy dollar selling
Ø  'Draft note on auto scrappage will go to Cabinet this month' 

Mint

Ø  Indian airlines may face headwinds on profitability in FY17
Ø  India to defer finalizing trade pact with Australia
Ø  DLF gears up for promoters' stake sale in commercial office portfolio
Ø  ABB India profit rises 53.8% to Rs129.40 crore in Dec quarter; shares jump 14.21%
Ø  FTIL-DGCX deal valuation sparks investor concern

Financial Express                

Ø  Sensex snaps 3-day losing streak, gains 115 points on value buying, Nifty50 settles at 7,404
Ø  FDI goes full throttle, spikes 114 per cent in December
Ø  MF inflows, mid-caps may remain under pressure
Ø  CERC asks Power Grid to seek govt funds to cut cost
Ø  Gold futures remain up on global cues, spot demand

Financial Chronicle

Ø  Bajaj Auto Q3 net up 4.67% at over Rs 901 cr
Ø  GST will become a reality soon, says Jaitley
Ø  IT export revenues to cross $100b mark this year
Ø  BSE, IFC partner to bring out corporate governance scorecard
Ø  Diluting stake in insurance subsidiaries to take time: SBI
Ø  Only 30% of young adults buy health cover: survey 

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