29 February 2012

29 Feb:: Morning News (click on link to read article) IFCI research,

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Morning News (click on link to read article)
Economic Times

Business Standard
Ø  ONGC's stake sale floor price fixed at Rs 290
Ø  HSBC gives info on clients having a/cs in India to US
Ø  Nuclear Iran would 'choke' world economy: Israel PM
Ø  TCS bags deal from South Africa's Nedgroup Insurance
Ø  Tata Capital gets commitment of $1 billion for PE arm
Ø  Govt starts final arguments in 3G roaming case

Ø  Govt ready with 3-pronged plan on cancelled 2G licences
Ø  FIIs net buy Rs 728cr, DIIs net sell Rs 587cr
Ø  Forex reserves dip $10.5 bn in Sept: RBI
Ø  Allow FDI in retail to boost food processing sector: Assocham
Ø  Oil down near $123 on demand concerns
Ø  Rupee up 15 paise against dollar
 Business Line
Mint
Ø  S&P downgrades Greece credit rating to ‘selective default’
Ø  Bayer-Natco case: Judgment will set benchmark in amended Indian Patent Act
Ø  Ennore Port, IOC in talks for LNG terminal
Ø  SEBI mandates separate fund manager for each scheme
Ø  Iraq seeks Indian investments in infrastructure

Ø  Sebi tweaks AMC rules for investor protection
Ø  Sistema sends notice to govt
Ø  DLF bid to hive off wind power assets gets response
Ø  Bosch grows 20%, profits up by 31%
Ø  Essar Oil loses $615 mn insurance claim
Ø  USL says no decision on stake sale
Financial Express

Financial Chronicle
Ø  Decision on slashing NPK fertiliser subsidy soon
Ø  Pan-India strike hits banking, transport
Ø  Core industry growth brakes to 0.5%
Ø  Tata Motors DVRs better than stock: BofA
Ø  Core sector stagnates in January on oil, gas
Ø  Emerging economies to challenge US hold on WB

Ø  Bharti to replicate India business model in Africa
Ø  JSW Steel production up 39% at 8 lakh tonnes in Jan
Ø  RBI to meet bankers on NPAs
Ø  Care Ratings warns India of crude shock
Ø  Orchid Pharma redeems FCCBs worth $168m
Ø  Union Bank may cut home, education lending rates next month
   (Click on link to view article)

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