Market Buzz as on March 14, 2016

Market Buzz

Business Standard
Ø  Mission clean-up: Banks to pull up loan defaulters
Ø  DBS to buy RBS’ Indian onshore ops for Rs 1k-cr
Ø  Asian economies led by India to be major growth driver: IMF
Ø  Rajan wants global rules of conduct for central banks
Ø  Telecom cos seek service tax levy roll back
Ø  BSE gets in-principle nod for listing; IPO in 6-9 months
Ø  Only 11% investments announced in manufacturing sector recorded: Study
Ø  Sebi clampdown busts over Rs 15K cr worth tax evasion

Ø  Spectrum sale faces delay
Ø  Lagarde lauds India's fiscal policy
Ø  Hope to pass GST, bankruptcy bill this session: Jaitley
Ø  Sebi to encourage listed firms to adopt dividend policies
Ø  Service tax levy on spectrum to increase tariff rates: COAI
Ø  Parliamentary panel on land bill to meet on Monday
Ø  Despite slowdown, China received $126 billion FDI in 2015
Ø  NMDC raises iron ore lump prices; first hike since June 2014
Business Line
Ø  Central banks on watch as economics stumble, markets sway
Ø  India needs 115 mn non-farm jobs over next decade: President
Ø  India’s banking sector well capitalised: Lagarde
Ø  British finance minister flags budget cuts
Ø  Costlier food continues to hurt southern States
Ø  Pharmaceutical sector posts 12% growth in Feb: Report
Mint
Ø  Rajat Gupta released after completing 2-year prison term
Ø  Now, Vijay Mallya faces non-bailable warrant in H’bad court
Ø  RIL arm to invest Rs1,300 crore in Haryana for electronics hub
Ø  Kalanithi Maran drags SpiceJet to court
Ø  No gas pricing freedom for RIL if arbitration continues
Ø  ONGC plans $5 billion investment to develop eastern gas asset
Financial Express               
Ø  Diageo to 'review' Tribunal order, says $40mn paid to Vijay Mallya
Ø  BSE looks to prevent trade reversals in equity derivatives
Ø  Top eight companies add Rs 21,296 cr in market valuation
Ø  Sebi clamps down on wilful defaulters

Financial Chronicle
Ø  Macro-data, Fed meeting on market's radar
Ø  AUM doesn't reflect true picture of mutual funds
Ø  Tata plant to produce 100% flat, higher strength steel
Ø  ETFs are the most simple, transparent of all products
Ø  Marginal growth in hotel revenue per room