Morning News Headlines
Economic Times
● Big surge in provisions weighs on ICICI Bank in Q3
● FTIL case: Sebi revokes interim order against individuals
● ONGC buys govt's entire 51.11% stake in HPCL
● Mahindra & Mahindra to invest Rs 600 crore in new EV
● Quess to acquire Monster India, HCL Info' care biz
Mint
● SBI gets board approval to divest 4.40% CCIL stake
● Havells India promoters sell 2% stake for Rs 647 cr
● L&T, 2 senior officials settle case with Sebi
● Bitcoin heads for worst monthly slide since Dec 2013
● A very large fiscal slippage will surprise mkt: Desai
The Business Standard
● SBI’s deposit rate hike sets stage for rise in interest rates
● Galaxy Surfactants IPO sees 19.76 times subscription on the last day
● FY16 GDP growth revised up to 8.2%, FY17 unchanged at 7.1%: CSO
● BSE Sensex, Nifty post best one-month pre-budget rally in 13 years
● Trai cuts mobile number portability charges by 79% to Rs4
The Hindu Business Line
● Two firms eye Tata stake in Amalgamated Plantations
● Vedanta Q3 profit slips about 4% to Rs2,053 crore, lags estimates
● Larsen & Toubro Q3 profit rises 53% to Rs1,490 crore
● Rupee breaks 2-day fall on union budget eve; focus on FOMC outcome
● Recapitalisation bonds: Govt fixes coupon rates up to 7.68% with six maturities
Sources : Economic Times, Mint, The Business Lines & The Hindu Business Line.