{LONGTERMINVESTORS} News Briefing

 

Economic Times

Ø  Fitch lowers India's FY 2017 growth forecast to 7.7%
Ø  Mukesh Ambani's $20 bn bet on TV, telecom may rekindle wealthy brothers' rivalry
Ø  ED files money laundering case against Mallya 
Ø  Oil rout over, OPEC aims for $50 anchor: PIRA
Ø  Tata Motors, Bharat Forge tie up for FICV project
Ø  More selling by FIIs can't be ruled out: Chris Wood
Ø  Untimely rains hit winter-sown crops, delay harvest

Business Standard

Ø  Iron ore jumps by record 19%
Ø  Don't disburse $75 mn to Mallya, DRT orders Diageo
Ø  Govt relaxes CCI threshold limits for deal approvals
Ø  Industry hails proposal for 40% tax benefit on NPS scheme
Ø  FIPB clears Rs 14K cr FDI proposals; Nippon, Yes Bank get nod
Ø  OBC revises capital requirement from LIC for Fy16
Ø  Feb coal imports inch up for first time in 8 months : Official

Business Line

Ø  'India getting superior attention from Fortune-500 boardrooms' 
Ø  Defence Ministry is 'in no hurry' to divest in HAL, BEL 
Ø  Apollo Tyres enters two-wheeler segment with Acti series 
Ø   Germany rejects calls to give Greece more time for budget goals 
Ø  Oil jumps as traders close short positions, US producers cut rig count

Mint

Ø  India's coming oil drought will dwarf China's shortfall
Ø  Suzuki plans $1.8 bn bond sale to fund India expansion
Ø  Govt aims to pass Aadhaar Bill in next 10 days
Ø  Sebi planning overhaul of commodity market norms
Ø  Strides acquires three OTC brands from Swedish firm Moberg
Ø  World's food-import bill just shrank $9 bn to five-year low

Financial Express                

Ø  Equity MF inflows hit 21-month low at Rs 2,522 cr in Feb
Ø  NSE to auction investments worth Rs 4,681-cr in govt debt
Ø  Govt could gain votes in 2016 to pass GST bill: Morgan Stanley
Ø  Modi's budget promises fail to cheer debt-laden farmers
Ø  Pharma crusader Dinesh Thakur takes India's drug regulators to court

Financial Chronicle

Ø  RBI to share FDI-related info with IB, RAW on black money
Ø  CBDT forms directorates to monitor taxpayer service
Ø  UK visa fees set for big hike from March 18
Ø  China sets deadline to switch over to VAT from May 1 

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