Market Buzz

Market Buzz

Business Standard
Ø  Vodafone in talks to buy Tikona's 4G spectrum
Ø  'FDI flow into India jumped by 35% in last 17 mths'
Ø  Housing in stake sale talks with Snapdeal, News Corp; deal may be inked by Q2 of 2016
Ø  Saudi economic plan shows it is ready for cheap oil
Ø  $38 bn state funds misused: China's chief auditor
Ø  United Spirits' net worth more than halves; seeks refuge under BIFR
Ø  Friday trading needed for Israel to join MSCI Europe index

Ø  Global sovereign, pension funds to invest in NIIF: Jaitley
Ø  Centre drafts imported coal-based UMPP guidelines
Ø  Standard Life gets FIPB nod to raise stake in HDFC Life to 35%
Ø  CARE surges on MoU with Japanese credit rating agency
Ø  Airtel adds 4G spectrum in MP; acquires 74% stake in Augere
Ø  BPTP promoters to buy back stake from CPI, JPMorgan for Rs 693 cr
Business Line

Mint
Ø  Budget to project pro-reform image even as GST roll-out is in limbo
Ø  Apex court upholds Kerala liquor policy
Ø  Zuari Agro Chemicals to merge 3 arms with itself
Ø SolarTown offers rooftop solar system on lease basis
Ø  SEBI asks two companies to refund investors money
Ø  CCI okays Fairfax’s additional 9% stake buy in ICICI Lombard

Ø  Cisco wins US patent dispute over wifi technology
Ø  IDBI Bank gets Rs2,229 crore capital infusion from government
Ø  Marc Faber takes on Janet Yellen with recession call, likes treasuries
Ø  SpiceJet to raise funds worth up to Rs5,000 crore
Ø  SREI to buy BNP’s 50% stake in equipment finance JV
Ø  HDFC Bank cuts lending rate by 0.05% to 9.30%
Financial Express

Financial Chronicle
Ø  No respite for Big Pharma on patents
Ø  FDI gets reform push in 2015; Govt sees 45% jump in 2016
Ø  Saudi Arabia posts $98 bn deficit, raises petrol prices by 50%
Ø  Liquor companies stocks hit as SC upholds alcohol ban in Kerala
Ø  FDI relaxation in insurance: Fresh funds to unlock domestic potential

Ø  Fin inclusion govt's key focus; given Rs 50K cr under MUDRA: PM
Ø  HDFC Bank cuts lending rate by .05%
Ø  India on path to uneven recovery: Morgan Stanley
Ø  HNIs warming up to PE,VC fund investment
Ø  Telcos cross 100 cr mark, but call-drop spoils party in 2015
Ø  Suven Life gets patent for neurodegenerative drug

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