Business Standard

Ø  US emerging as tax haven alongside Switzerland, Caymans

Ø  'GDP calculation method imprecise, growth at 8%'

Ø  JPMorgan warns of economic trouble from Brexit

Ø  Tax collection in 2015-16 exceeds target

Ø  'Tata Steel to launch UK sale process by Monday'

Ø  HSBC, RBS and Barclays to close 400 UK branches

Ø  Demographic dividend unlikely to accrue to India anytime soon



Ø  CBI, CAG, Courts create environment impacting growth:Coal Secy

Ø  Cabinet approves new oil import policy

Ø  Steel imports surge in March after four months of falls

Ø  Adequate cigarette stocks available despite shutting mfg: ITC

Ø  Lenders set to reject Vijay Mallya's Rs 4,000-cr loan repayment offer: sources

Ø  American Tower Corp to invest Rs 13,300 crore in India

Business Line

Ø   Pfizer, Allergan scrap $160 bn “inversion” deal

Ø  India raises Iran credit line to $450 mn

Ø  Rupee trading weak at 66.66 on fresh dollar demand

Ø  Cabinet approves policy for optimal utilisation of spectrum

Ø  Tata Motors working on sub-2-litre diesel engines

Ø  Panama Papers: Adanis welcome probe, say Vinod is an NRI for 30 years

Mint

Ø  Cabinet formally accepts 14th Finance Commission recommendations

Ø  Welspun’s 1.1 GW green assets attract Tata Power, Greenko

Ø  RBI details plans on differentiated bank licences

Ø  BoB to convert Andrew Yule debt to equity; divestment on cards

Ø  Iron ore under pressure as China’s port stocks highest in a year

Ø  Iron ore under pressure as China’s port stocks highest in a year

Financial Express                

Ø  States to see improvement in financial position: Report

Ø  Anil Agarwal wants to model Vedanta on GE lines

Ø  'Funds allocated for Smart City and AMRUT schemes inadequate'

Ø  Greater thinking required before signing FTAs: Kochhar

Ø  Employees may have to declare 'bigamy' in service book: Govt



Financial Chronicle

Ø  Panama Papers: RBI warns against jumping to conclusions

Ø  Govt mission to have ‘one nation, one grid, one price’

Ø  RBI to stay on hold until 2016-end, says Nomura

Ø  World’s biggest wealth fund under pressure to exit tax havens

Ø  PNB Housing raises Rs 500 cr for green projects

Market Update

Sgx Nifty +26 pts
‎Dow +112.73 pts ,Nsdq +76.78 pts , S&P +21.49 pts ‎, Bovespa -957 pts , Ftse +70 pts , Dax +61 pts  , Cac +34 pts  , Nikkei  -39 pts , now, Crude @ $38.00 brl (+0.24), Brent @ $39.84 brl (+1.97) , Gold @ $1226.20 (+2.40), Silver @ $15.08 (+0.02), Euro @ $1.1407, JPY @ $109.6800, INR @ $66.6600



Today's Corporate Action
7th Apr Ex Date


ABMKNO
Stock  Split From Rs.10/- to Rs.5/-



Today's Global Data


Apr 7: Federal Reserve Bank of St. Louis President Bullard to speak; 0300
IST

Apr 7: Japan March international reserves data; 0520 IST

Apr 7: Germany February manufacturing turnover data; 1130 IST

Apr 7: European Central Bank annual report; 1230 IST

Apr 7: European Union Oct-Dec balance of payments second release; 1430 IST

Apr 7: European Central Bank accounts of last monetary policy discussions;1700  IST

Apr 7: US initial unemployment insurance claims report for week ended Apr 2; 1800 IST

Apr 7: US weekly export sales; 1800 IST

Apr 7: US consumer comfort index; 1915 IST

Apr 7: US Energy Information Administration gas storage report for the week ended Apr 1; 2000 IST

Apr 7: US March US retail chain store sales index; 2130 IST

Apr 7: UK March Halifax house price index

CALL OF 06/04/2016 WEDNESDAY

@ 03:29

Btst

Buy ZEEL ltp 388 

sl 384 

trgt 398

CALL OF 06/04/2016 WEDNESDAY

@ 03:25

STBT call

Sell BEML ltp 948 

sl 964 

trgt 932/920

CALL OF 06/04/2016 WEDNESDAY

@ 10:07

Buy Siemens around 1108..1110 

sl 1094 

trgt 1134

TRGT HIT

CALL OF 06/04/2016 WEDNESDAY

@ 01:41

Intraday call

Buy M&M ltp 1224 

sl 1220 

trgt 1229/1234

FIRST TRGT HIT

MADE A HIGH OF 1229.45

CALL OF 06/04/2016 WEDNESDAY

@ 02:30

Buy Nifty ltp 7629 

sl 7600 

trgt 7664

CALL OF 06/04/2016 WEDNESDAY

@ 01:41

Intraday call

Buy M&M ltp 1224 

sl 1220 

trgt 1229/1234

CALL OF 06/04/2016 WEDNESDAY

@ 10:01

Buy Tata Motors ltp 376 

sl 372 

trgt 382

Trgt hit

CALL OF 05/04/16 TUESDAY

@ 11:11

Buy Kotak Bank ltp 682 

sl 666 

trgt 698

SL HIT

CALL OF 06/04/2016 WEDNESDAY

@ 10:01

Buy Tata Motors ltp 376 

sl 372 

trgt 382

CALL OF 06/04/2016 WEDNESDAY

@ 10:01

Buy Tata Motors ltp 376 

sl 372 

trgt 382

CALL OF 06/04/2016 WEDNESDAY

@ 09:52

Sell Bharat forge ltp 798 

sl 808 

trgt 778

CALL OF 06/04/2016 WEDNESDAY

@ 09:51

Buy L& T Fh @ 71.40 

sl 69 

trgt 75

CALL OF 06/04/2016 WEDNESDAY

@ 09:48

Buy Idea ltp 109 

sl 107 

trgt 114

NIFTY VIEW @ 09:10

Nifty (7603)

Nifty if holds 7560..7580 zone it can pull back to its uptrend but

if it breaks this support zone can show selling upto 7500..7400 zone.

Market Update

Sgx Nifty +7 pts
‎Dow -133.68 pts ,Nsdq -47.86 pts , S&P -20.96 pts ‎, Bovespa +273 pts , Ftse -73 pts , Dax -258 pts  , Cac -94 pts  , Nikkei  -8 pts , now, Crude @ $36.70 brl (+0.83), Brent @ $38.41 brl (+0.54) , Gold @ $1232.40 (+2.90), Silver @ $15.12 (-0.00), Euro @ $1.1382, JPY @ $110.4900, INR @ $66.4625



Today's Corporate Action
6th Apr Ex Date


BLUECLOUDS
Stock  Split From Rs.10/- to Rs.5/-
CENTUM
Interim Dividend - Rs. - 2.0000
COLPAL
Interim Dividend - Rs. - 3.0000
FILTRA
Bonus issue 3:2
HINDZINC
Special Dividend - Rs. - 24.0000
INDNIPPON
Interim Dividend - Rs. - 5.0000
KPIT
Interim Dividend - Rs. - 1.1000
PIXTRANS
Interim Dividend - Rs. - 1.0000
VIVIMEDLAB
Stock  Split From Rs.10/- to Rs.2/-




Today's Data Alert


Apr  6: Nikkei services and composite PMI for March, by Markit Economics.  1030 IST



Today's Global Data


Apr 6: American Petroleum Institute statistical bulletin for the week ended
Mar 31; 0200 IST

Apr 6: UK March shop price index; 0401 IST

Apr 6: Japan March imported vehicle sales data; 0730 IST

Apr 6: Japan February indexes of business conditions; 1030 IST

Apr 6: Germany February industrial production index; 1130 IST

Apr 6: UK March car registrations figures; 1330 IST

Apr 6: Eurozone March retail purchasing managers' index; 1340 IST

Apr 6: UK March narrow money, reserve balances; 1400 IST

Apr 6: US MBA mortgage applications survey for the week ended Apr 1; 1630
IST

Apr 6: International Monetary Fund world economic outlook analytical
chapters;
1900 IST

Apr 6: US February metropolitan area employment and unemployment; 1930 IST

Apr 6: US Energy Information Administration petroleum status report for the  week ended Apr 1; 2000 IST

Apr 6: Federal Reserve Bank of Cleveland President Mester to speak; 2300 IST

Apr 6: Federal Open Market Committee meeting minutes and economic forecast; 2330 IST

Apr 6: European Central Bank Governing Council non-monetary policy meeting

Economic Times

Business Standard

Ø  Panama: Not all accounts illegitimate, says Rajan 

Ø  US trade deficit rises in February to 6-month high

Ø  Naming of all defaulters will kill businesses: Raghuram Rajan

Ø  India serves steel anti-dumping notice on China

Ø  France puts Panama back on tax haven blacklist

Ø  Huge cash infusion biggest takeaway from money policy, almost smelt like QE

Ø  Rel Jio could stump mkt with data tariffs at 0.5p/10 kb



Ø  RBI cuts repo rate by 25 bps to 6.5%, lowest in 6 years

Ø  Pay hike to stoke inflation, push up GDP: RBI report

Ø  Inflation could rise on bad monsoon, currency decline: Moody's

Ø  Allow banks' KYC at mutual funds, Sebi writes to FinMin

Ø  Panama Papers probes opened, China limits access to news on leaks

Ø  Bajaj Group to become UP's biggest private power producer

Ø  Govt releases Rs 25,800-crore food subsidy to FCI

Business Line

Ø  BSE launches data on unemployment, consumer sentiments 

Ø  Govt sacks some foreign-funded health consultants

Ø  NITI Aayog to submit divestment plan for CPSEs this month

Ø  Lupin launches generic insomnia drug in US

Ø  NSE to conduct mock, live trading from disaster recovery site

Ø  ‘Gammon will divest, monetise various assets over two years’

Mint

Ø  Sebi panel backs action against NSE

Ø  RBI rate cuts could reduce lending rates by 75 bps

Ø  Risk of once-in-100-year drought means one more India rate cut

Ø  Rupee falls most in 3 weeks, closes weaker against US dollar at 66.46

Ø  RBI’s Vision 2018 for ‘less cash and more digital’ society on the cards

Financial Express                

Ø  Sensex plunges 516 pt on RBI rate cut, Nifty settles below 7,600

Ø  DoT to seek Cabinet nod to change spectrum norms

Ø  JLR workers warn Mistry against Tata Steel 'fire sale'

Ø  Mallya Case: Diageo PLC files objections against DRT Order

Ø  DRT had barred Vijay Mallya from 

Ø  Bankruptcy Bill likely in coming Parliament session, says FM



Financial Chronicle

Ø  Govt to push for consolidation of public sector banks

Ø  Global recovery 'too weak, too fragile': IMF chief

Ø  Maturity of FCNR deposits not to make Re volatile: RBI

Ø  'No FDI in sectors that can put Indian jobs at peril'

Ø  Ireda, TCCL join hands to devise financing products

BROKERAGE VIEW  CS ON SKS MICROFINANCE: Maintains Outperform, target of ₹610

BROKERAGE VIEW  CS ON SKS MICROFINANCE: Positive as growth/EPS visibility is  amongst highest in sector


BROKERAGE VIEW  CS ON SKS MICROFINANCE: New customer addition & rising ticket  sizes to be key growth drivers

BROKERAGE VIEW  CS ON SKS MICROFINANCE: Cross-sell products are tracking well  with 8-9% earnings contribution

BROKERAGE VIEW  CS ON SKS MICROFINANCE: Lower funding costs will lead to lending rate reduction, already lowest in ind

CALL OF 05/04/16 TUESDAY

@ 02.41

Buy Bank Nifty fut abv 15840 

sl 15770 

trgt 16200

SL HIT

CALL OF 05/04/16 TUESDAY

@ 10:20

Low risk trade sell M&M ltp 1246 

sl 1270 

trgt 1224/1212


Frst trgt hit 

BOOK PROFIT BY CHOICE OR TRAIL SL TO 1236

CALL OF 05/04/16 TUESDAY

@ 01:35

Sell Crude ltp 2356 

sl 2378 

trgt 2330/2320

CALL OF 05/04/16 TUESDAY

@ 09:55

Sell Maruti around 3692

 sl 3704 

trgt 3664

High risk traders can sell here ltp 3684


MADE A LOW OF 3656

TRGT HIT

CALL OF 05/04/16 TUESDAY

@ 10:44

Sell Tata Steel ltp 319 

sl 324 

trgt 312.40

TRGT HIT

CALL OF 05/04/16 TUESDAY

@ 11:12

One can buy bank nifty fut 16185 with

sl 16000

Sl hit

CALL OF 05/04/2016 TUESDAY

@ 09:22

Buy Siemens ltp 1127 

sl 1110

trgt 1140/1160

Sl hit

CALL OF 05/04/16 TUESDAY

@ 10:50

Low risk trade

Buy L & T ltp 1230 

sl 1214 

trgt 1254

Sl hit

CALL OF 05/04/16 TUESDAY

@ 11:14

Buy Nifty fut ltp 7740 

sl 7700 

trgt 7780++

SL HIT

CALL OF 05/04/16 TUESDAY

@ 11:09

Buy Axis Bank ltp 448 

sl 444 

trgt 456

Sl hit

VIEW ON NIFTY BANK @ 09:05

Nifty bank (16190)

Support lies around 16000 above 16300 we can see 16600 ...16900

Today's closing will decide the further trend in market

NIFTY VIEW @ 08:44

Nifty 50 (7758)

Nifty has made a support zone around 7690..7700.

if maintains below this we can see selling pressure which can take it to 7648/7580.
(positional support zone)

Above 7780 it can rise upto 7880/7900/7940


Today being rbi rate cut we can see volatility in market

Market Update

Sgx Nifty -37 pts
‎Dow -55.75 pts ,Nsdq -22.75 pts , S&P -6.65 pts ‎, Bovespa -1780 pts , Ftse +18 pts , Dax +27 pts  , Cac +22 pts  , Nikkei  -142 pts , now, Crude @ $35.43 brl (-0.27), Brent @ $37.45 brl (-0.24) , Gold @ $1216.40 (-2.90), Silver @ $14.94 (-0.00), Euro @ $1.1395, JPY @ $111.0400, INR @ $66.2050



Today's Corporate Action
5th Apr Ex Date


MAYUR
Interim Dividend - Rs. - 0.5000
POLSON
Right Issue of Equity Shares 



Today's Key Result
5th Apr


GM Breweries Limited




Today's Data Alert


Apr  5: First RBI bi-monthly monetary policy statement for 2016-17.




Today's Global Data



Apr 5: Japan March services purchasing managers' index; 0730 IST

Apr 5: Germany February manufacturing orders; 1130 IST

Apr 5: International Monetary Fund Managing Director Lagarde to speak; 1300
IST

Apr 5: Germany March services purchasing managers' index; 1325 IST

Apr 5: Eurozone March services purchasing managers' index; 1330 IST

Apr 5: UK Financial Policy Committee record of latest meeting; 1400 IST

Apr 5: UK March Markit services purchasing managers' index; 1400 IST

Apr 5: UK March official reserves; 1400 IST

Apr 5: European Union February retail trade data; 1430 IST Apr 5: US retail
Economist/Goldman Sachs chain store sales index for the week  ended Apr 1; 1715 IST

Apr 5: US February international trade in goods and services; 1800 IST

Apr 5: US Johnson Redbook retail sales index for the week ended Apr 1; 1825
IST

Apr 5: US March services purchasing managers' index; 1915 IST

Apr 5: US March institute of supply management non-manufacturing report on business; 1930 IST

Apr 5: US April IBD/TIPP economic optimism index; 1930 IST

Apr 5: US February job openings and labor turnover survey; 1930 IST

Apr 5: US March global services purchasing managers' index; 2030 IST

Apr 5: German Chancellor Merkel meets heads of IMF, World Bank, World Trade  Organization, Organisation for Economic Co-operation and Development,  and International Labour Organization in Berlin

Apr 5: Japan February provisional labour survey

Apr 5: European Union quarterly report on the Euro area

Economic Times

Business Standard

Ø  Widespread expectation of RBI rate cut on Tuesday

Ø  Panama: Govt sets up multi-agency probe team 

Ø  Climate change puts trillions of dollars at risk

Ø  'Renewables use could save $750 bn in Mideast, Africa'

Ø  Traders demand revisit of e-commerce FDI policy

Ø  India's February gold imports drop 34%: Report

Ø  Sell Asian currencies before it’s late: Goldman Sachs



Ø  Environmental concerns push demand for electric vehicles

Ø  Pharma market to lose Rs 647 cr from drug price ceiling

Ø  Blackstone to acquire Mphasis; deal size up to $1.1bn

Ø  Tata Steel reviews European operations for buyer of its UK facilities

Ø  Sebi likely to allow trading in weather derivatives

Ø  ArcelorMittal USA to secure up to $1 bn loan facility

Business Line

Ø  Crisil downgrades debt worth Rs. 3.8 lakh crore for FY'16

Ø  Modi asks Saudis to invest in power, defence; says GST about to happen

Ø  Fitch downgrades JSW Steel with negative outlook

Ø  HUL completes sale of its ‘Modern Bakery’ brand

Ø  Manufacturing growth hits 8-month high in March: PMI

Ø  Equitas Holdings mops up Rs. 652 cr from anchor investors

Mint

Ø  Adani considering to buy local SunEdison assets: report

Ø  Japan’s NTT Data buys Dell unit for $3.06 billion

Ø  Micro, small and medium industries worst hit in credit slowdown

Ø  Bankers to reject Vijay Mallya’s settlement offer

Ø  Govt calls for bids to review relevance of trade regulator DGFT

Ø  NTPC promises to meet West Bengal power demand

Financial Express                

Ø  Petrol price hiked by Rs 2.19 a litre, diesel by 98 paise per litre

Ø  Sensex rallies 130 points ahead of RBI monetary policy

Ø  Private sector investment to show improvement: FM Arun Jaitley

Ø  FM wants focus on irrigation projects for immediate results

Ø  Coal scam: Rungtas get 4 yrs jail, to pay Rs 5 lakh fine each



Financial Chronicle

Ø  Govt sets up multi-agency probe team on money stashed abroad

Ø  FM pitches for interest rate cut ahead of RBI policy

Ø  GDP growth to remain flat at 7.4% in FY17: HSBC

Ø  MF disclosure: investors will get more info

Ø  Finmin lines up 16 PSUs for disinvestments

CALL OF 04/04/2016 MONDAY

@ 09:41

Sell Andhra Bank ltp 55.70 

sl 56.20 

trgt 55

Sl hit

CALL OF 04/04/2016 MONDAY

@ 12:13

Buy L&T ltp 1238 

sl 1230 

trgt 1254

Sl hit

CALL OF 04/04/2016 MONDAY

@ 10:39

Intraday call 

Buy Rel Capital ltp 391 

sl 388 

trgt 398

SL HIT

CALL OF 04/04/2016 MONDAY

@ 12:13

Buy Nifty ltp 7755 

sl 7738 

trgt 7780

SL HIT

NIFTY VIEW @ 09:10

Nifty 50 (7713)

Last week nifty rose upto 7777 and have raised its positional support from 7400 to 7580 for a target of 7880..7940.


If 7580 breaks on closing basis we can see selling.

Market Update

Sgx Nifty +28 pts
‎Dow +107.66 pts ,Nsdq +44.69 pts , S&P +13.04 pts ‎, Bovespa +506 pts , Ftse -28 pts , Dax -170 pts  , Cac -62 pts  , Nikkei  -22 pts , now, Crude @ $38.38 brl (-0.41), Brent @ $38.37 brl (-0.30) , Gold @ $1221.70 (-1.80), Silver @ $15.01 (-0.04), Euro @ $1.1401, JPY @ $111.6400, INR @ $66.2475



Today's Corporate Action
4th Apr Ex Date


None



Today's Data Alert



Apr  4: Nikkei services and composite PMI for March, by Markit Economics.

Apr  4: Voting for 1st phase of elections to Assam assembly.

Apr  4: First leg of voting for 1st phase of elections to West Bengal assembly.

Economic Times

Business Standard

Ø  Trai paper to soon promote Wi-Fi in public places

Ø  World's largest oil firm Aramco to invest in India

Ø  Sanjeev Gupta keen on acquiring Tata Steel's plants

Ø  CIL's arm MCL produces record 138 MT in FY16

Ø  Essar Oil turns around loss-making Stanlow refinery

Ø  India imports 10,000 t soyameal due to high domestic prices

Ø  Punj Lloyd plans to scale back global biz: Chairman



Ø  Banks knock on courts' doors to recover Rs 1.86 lakh crore

Ø  Govt may impose anti-dumping duty on drilling pipes from China

Ø  IT dept launches tax calculator; e-filing of few ITRs begins

Ø  Sebi, exchanges beef up surveillance; debars 1,350 entities

Ø  Adani wins Queensland approval for Australian coal project

Ø  India Ratings cuts ratings for Renuka Sugar's loans, debentures

Business Line

Ø  PSUs may be asked to go for share buybacks, listing this fiscal 

Ø  UK’s public sector urged to buy locally to end steel crisis 

Ø  Essar Oil UK turns around Stanlow Refinery 

Ø  States in a quandary over new wages for rural job scheme 

Ø  Invest in India’s defence, energy business, Modi invites Saudis 

Mint

Ø  Cairn Energy asks government to walk the talk on retro tax

Ø  Greece demands IMF explanation over leaked debt transcript

Ø  ITC to keep cigarette factories shut over health warning rules

Ø  Reliance Industries launches online fashion portal Ajio.com

Ø  Debt-heavy Jaypee Group says still able to service loans

Financial Express                

Ø  World's largest oil firm Aramco looks to India as its 'No 1 target for investment'

Ø  Expectations high for up to 0.50% rate cut by RBI

Ø  'UK steelworkers' pensions could be cut under Tata plan

Ø  Govt to invite proposals from PSUs for allotting 16 coal mines

Ø  Indian Railways aims at 1 lakh meal order online per day

Ø  M-cap: Top 7 co's witness erosion of Rs 32,188 cr



Financial Chronicle

Ø  GST about to happen; retro tax thing of past: Modi

Ø  Sugar prices set to remain under pressure despite low production

Ø  MF disclosure: investors will get more info

Ø  Dore imports likely to increase by 45%

Ø  NPA is less of a matter of debtors turning defaulters

Market Update

Sgx Nifty +7 pts
‎Dow -31.57 pts ,Nsdq +0.55 pts , S&P -4.21 pts ‎, Bovespa -1190 pts , Ftse -28 pts , Dax -81 pts  , Cac -59 pts  , Nikkei  +149 pts , now, Crude @ $38.25 brl (-0.09), Brent @ $39.60 brl (+0.34) , Gold @ $1233.20 (-2.40), Silver @ $15.44 (-0.02), Euro @ $1.1344, JPY @ $112.3300, INR @ $66.2475



Today's Corporate Action
1st Apr Ex Date


None


Today's Data Alert


1) Apr  1: Nikkei Manufacturing PMI for March, by Markit Economics. 1030 IST

‎2)Monthly Vehicle Sales For Month March


Today's Global Data


Apr 1: US federal discount window borrowings; 0200 IST

Apr 1: US foreign central bank holdings; 0200 IST

Apr 1: US money stock measures; 0200 IST

Apr 1: Japan Jan-Mar Tankan survey of enterprises; 0520 IST

Apr 1: Japan March manufacturing purchasing managers' index; 0730 IST

Apr 1: Japan March auto sales; 1030 IST

Apr 1: UK March Nationwide house price index; 1130 IST

Apr 1: Germany March manufacturing purchasing managers' index; 1325 IST

Apr 1: European Union March manufacturing purchasing managers' index; 1330
IST

Apr 1: UK March CIPS/Markit manufacturing purchasing managers' index; 1400
IST

Apr 1: US March employment report; 1800 IST

Apr 1: US March manufacturing purchasing managers' index; 1915 IST

Apr 1: US March University of Michigan consumer survey - final; 1930 IST

Apr 1: US February construction spending; 1930 IST

Apr 1: US March ISM manufacturing report on business; 1930 IST

Tata Steel plans to sell loss-making UK plants

India's Tata Steel plans to sell its loss-making UK business, putting the jobs of thousands of workers at risk.

Union leaders travelled to Mumbai in a bid to persuade Tata to keep making steel at plants including Port Talbot. The UK and Welsh governments said they were working "tirelessly" to ensure the future of the British steel industry.

Tata's restructuring decision, which was announced after a board meeting in Mumbai on Tuesday, will also affect workers at its other UK plants including Rotherham, Corby and Shotton.

Tata said trading conditions had "rapidly deteriorated" in the UK and Europe due to a global oversupply of steel, imports into Europe, high costs and currency volatility. "These factors are likely to continue into the future and have significantly impacted the long-term competitive position of the UK operation," it said. That means finding a buyer for the whole business may not be easy.

Economic Times

Business Standard

Ø  'Foreign banks fare better in customer satisfaction'

Ø  RBI's new formula brings lower lending rates

Ø  RBI notifies 49% FDI for insurance on auto route

Ø  FPIs take out Rs 18k cr from Indian mkt in FY16

Ø  85% pictorial warning on tobacco in force from Apr 1

Ø  UK doing everything to help steel industry: Cameron 

Ø  Jaypee Group sells cement plants to Ultratech for Rs 15,900 cr 

Ø  Above normal temperature this summer: IMD



Ø  February core sector growth hits 13-month high of 5.7%

Ø  India's April-Feb fiscal deficit at $86.5 billion: Govt

Ø  India's external debt $480 bn at Dec-end, up 4.7% y-o-y

Ø  Mah govt increases ready recknor rates by 7% from April 1

Ø  L&T Construction wins contracts worth Rs 2,271 crore

Ø  Suzlon Gr bags order to develop 197.40 MW wind power proj

Ø  Japan extends Rs 14,251 cr loan for key infra projects

Business Line

Ø  Inflation hits poor the most, RBI must listen to them: Subbarao

Ø  Dr Reddy’s, Japan’s Eisai in licensing pact for anti-cancer agent

Ø  Coal case: Court to pronounce jail term of Rungtas on April 4

Ø  SBI pegs MCLR for one year at 9.2%

Ø  IT cos may seek higher life cover for overseas staff

Mint

Ø  Buying by domestic investors at record high in fiscal 2016

Ø  SC extends ban on sale of large diesel cars in New Delhi

Ø  SBI announces new lending rate structure

Ø  Burned by Corus, Tata Steel seeks solace in prospects back home

Ø  The $2.6 billion buying binge that felled SunEdison

Financial Express                

Ø  Sensex ends flat in choppy trade on March F&O expiry, Nifty settles at 7,738

Ø  Natural gas prices cut by 20%; CNG, cooking gas to cost less

Ø  RBI to cut repo rate by 25 bps on April 5: Morgan Stanley

Ø  Reliance Defence, Ukraine's Antonov plan JV for aircraft



Financial Chronicle

Ø  Interest rates on PPF, other savings to be lower from today

Ø  China-led AIIB eyes first loans to India

Ø  Aurobindo gets final USFDA nod for gastro reflux drug

Ø  Indian Bank raises Rs 500 cr via tier-I bonds

Ø  India, EU fail to make headway on FTA talks

Economic Times

Business Standard

Ø  Rel Jio is world’s largest startup: Mukesh Ambani

Ø  Cos with over Rs 500 cr net-worth under new Ind AS

Ø  Credit growth in Indian banks Slows down, says RBI

Ø  RBI allows infra firms to borrow overseas for short tenor

Ø  Fed's Evans sees high hurdle to April rate hike

Ø  Exiting UK operations a logical way of de-risking businesses: Tata Steel

Ø  India, WB sign $1.5 bn loan pact for Swachh Bharat Mission



Ø  Banks may not buy Mallya's settlement offer by September

Ø  RBI's take on liquidity most important in the policy: Economists

Ø  Cameron likely to hold emergency meet on Tata Steel UK business

Ø  ONGC has found hydrocarbon deposit in Mizoram

Ø  Suzlon bags 48.30 Mw wind power project from Indian Oil Corp

Ø  Kalyani eyes tie-up with Italian firm for making small arms

Ø  Adani Group enters defence sector with statement of intent

Business Line

Ø   Small savings interest cut is ‘double taxation’: panel

Ø  Europe exit will help Tata Steel pare debt, trim losses

Ø  India-Australia joint research projects get $5.6 mn funding boost 

Ø  MOPE acquires 4.1% stake in Indian Energy Exchange

Ø  Special dividend for Hind Zinc shareholders

Ø  ‘Start-ups are not a bubble, they are a necessity’

Mint

Ø  RBI gives loan defaulters’ list to Supreme Court, seeks secrecy

Ø  UTI AMC continues to push for IPO; plans to offload 26% stake

Ø  Govt extends import taxes on some steel products till March’18

Ø  Kandla Port poised to reach three-figure mark in cargo handling

Ø  Tata Motors’ defence business bets its future on FICV

Ø  United Bank of India to raise Rs480 crore from govt via preferential allotment

Financial Express                

Ø  Sensex ends 438 points up on buying in metal, realty shares; Nifty settles at 7,735

Ø  Bharti Airtel's low-cost strategy unsustainable: BMI

Ø  Gas prices to dip 17 per cent to $3.15

Ø  Govt proposes strict penalty, jail term for ponzi operators

Ø  Vijay Mallya offers to pay Rs 4,000 cr to settle case



Financial Chronicle

Ø  ADB cuts India's growth forecast to 7.4% for 2016-17

Ø  RIL invests over Rs 1.5L cr in telecom, internet venture

Ø  Nestle dragged to court in UP over 'sub-standard' Maggi

Ø  Swavalamban subscribers can switch to APY: PFRDA

Ø  Sun Pharma shares gain 2%; m-cap up by Rs 4,238 cr