{LONGTERMINVESTORS} News Briefings.

 

Economic Times

Ø  Global financial safety net fails many emerging markets: IMF
Ø  Disney in talks with DLF brands for India retail foray
Ø  Govt, RBI taking tough action to recover dues: PM
Ø  ONGC bets $5 billion on east coast assets
Ø  Rajan for guidelines on monetary policy behaviour
Ø  Govt reconstitutes Board of Trade, first meet on Apr 6
Ø  Tata Sons to hold 49% stake in AirAsia India
 

Business Standard

Ø  Pay dues honourably or face coercive action: FM to Mallya
Ø  Prem Watsa picks up GVK's 33% stake in Bengaluru airport for Rs 2,149 cr
Ø  Govt to infuse Rs 5,050 crore in PSU banks
Ø  Lloyd's India syndicates to retain minimum reinsurance business: IRDAI
Ø  BSE to suspend trading in 31 companies effective March 31
Ø  Dr Reddy's inks Rs 3,266-cr pact with XenoPort

Business Line

Ø   3-year insurance after job cessation on cards for EPFO members 
Ø  Weak economy spurs demand for low-priced coffees 
Ø  JetLite merger: Jet to seek shareholders' nod on April 22
Ø  ADB, USAID join hands to support India's clean energy expansion plan
Ø  Steel Strips bags €15-mn order from PSA Peugeot Citroen 
Ø  ARSS Infra Proj wins Rs. 109 cr contract in Odisha 

Mint

Ø  LIC increases stake in IDBI Bank to 14.37%
Ø  Coal scam: JIPL and its directors convicted of criminal conspiracy and cheating
Ø  Tata Power SED targets nearly Rs7 trillion in defence opportunities, says CEO
Ø  Biocon's insulin glargine gets Japanese approval
Ø  Dell sells IT services unit to Japan's NTT Data for $3 billion
Ø  Regulator defers decision on importing genetically modified animal feed

Financial Express        
        
Ø  Sensex plunges 371 points on profit booking, Nifty settles at 7,615; Metal stocks tumble
Ø  'Inflation seen at 5 pct in March; RBI to cut rates by 25 bps'
Ø  India internet speed lowest at 2.8 mbps, Korea tops at 26.7 mbps
Ø  State govts likely to run wider fiscal deficit in FY17: HSBC
 

Financial Chronicle

Ø  Grading of monetary policies needed: RBI paper
Ø  Fertiliser subsidy may come down by Rs 10k cr in FY17
Ø  Jewellery demand set to go down by 40-50 tonnes
Ø  Subsidy scheme to rescue shipbuilding firms
Ø  Earnings season may define FPI enthusiasm for India 

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