{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Tata firm in talks to buy JP Morgan MF's India assets
Ø  Adani may buy Jindal Power; valuation at Rs 20K crore
Ø  Infy on track for industry-leading growth in FY17: Vishal Sikka
Ø  India touches an all-time high on deal street
Ø  Birlas move court over takeover of cement biz
Ø  Oil's squeeze spreads from Gulf states to banks
Ø  Anti-dumping duty likely on a chemical imports from 6 nations

Business Standard

Ø  DRT to decide on plea seeking Mallya's arrest today
Ø  Firms rush to declare interim dividend to avoid dividend distribution tax
Ø  Govt to shortly issue 3rd tranche of gold bond scheme
Ø  Start-up driven PE/VC deals hit $16 bn mark in 2015
Ø  US to have full reciprocity with India on tax info under FATCA
Ø  Yes Bank buys over 5% stake in advisory firm IiAS
Ø  TPG group said to disagree with Anil Ambani over tower value

Business Line

Ø  Govt to hike gas price for ONGC, RIL
Ø  Call drops: Apex court to hear telecom companies' plea against HC order
Ø  SEBI okays Nippon's plan to hike stake in RCam 
Ø  Job opportunities in public sector have shrunk: Govt
Ø  Wind energy players expect new policy to provide major trigger for growth 

Mint

Ø  Aadhaar Bill introduced as a money bill in Lok Sabha
Ø  Maruti hikes prices by up to Rs34,494 to offset infra cess
Ø  Flipkart launches payment wallet to take on Paytm, others
Ø  Gyan Sangam 2.0 likely to be a progress report
Ø  Yes Bank acquires 5% stake in proxy advisory firm IiAS
Ø  DCB Bank acquires 5.81% stake in Annapurna Microfinance

Financial Express                

Ø  Sensex rally continues for 3rd day, ends 364 points up
Ø  Drop in global oil prices a windfall for Indian economy: IMF
Ø  HSBC sees year-end rupee at 69 against US dollar
Ø  Services sector activity falls to 3-month low in Feb
Ø  Vijay Mallya regrets that Kingfisher Airlines is not flying when oil price is so low
Ø  Amid volatility, NSE February average turnover at all-time high

Financial Chronicle

Ø  Budget credit negative for PSBs: Moody's
Ø  Sterling and Wilson looks to expand to Africa
Ø  STT hike will fetch about `125 crore more in FY17
Ø  Coal India to buy back 5% govt stake next year
Ø  MoRTH cancels Zojila tunnel contract to IRB
Ø  Firms hurry to beat clock on dividend tax 

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