BS Reporter
BS Reporter
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Feb exports down 15% over last year, imports show similar plunge
Trade deficit narrows to $6.85 bn, lowest in 17 months
 "Feb exports down 15% over last year, imports show similar plunge")
Congress cries political espionage, 'snooping' on Rahul Gandhi
Seeks explanation from PM and home minister
 "Congress cries political espionage, 'snooping' on Rahul Gandhi")
 "DLF promoters defer conversion of CCPS for 1 year")
NSEL scam: Three brokers sent to judicial custody until March 20
Amit Rathi, C P Krishnan and Chintan Modi are the three brokers
 "NSEL scam: Three brokers sent to judicial custody until March 20")
Markets decline 1.5% on rise in inflation
Sensex ends 427 points lower at 28,503, with only a tenth of its components ending with marginal gains, while Nifty loses 128 points to 8,648
 "Markets decline 1.5% on rise in inflation")
SAT quashes Sebi order on DLF
SAT lifts ban on promoters and DLF from accessing primary markets
 "SAT quashes Sebi order on DLF")
Sugar mills seek sops, buffer stock and debt restructuring
By March 31, 2014, total cane dues accruing to farmers were around Rs 12,000 crore, then an all-time high
 "Sugar mills seek sops, buffer stock and debt restructuring")
I-T Dept slaps Rs 20,495 cr tax demand on Cairn India
Demand pertains to Cairn UK Holdings transferring shares of Cairn India
 "I-T Dept slaps Rs 20,495 cr tax demand on Cairn India")
Assured revenues from spectrum auction drop to Rs 1.01 lakh crore
Overall, 29 licences in 18 service areas are due for renewal in 2015-16
 "Assured revenues from spectrum auction drop to Rs 1.01 lakh crore")
Silver Eagle soars 14% on Nasdaq after Videocon d2h stake buy
The shares issued by Videocon will be represented by American Depositary Shares (ADS) and will be distributed directly to Silver Eagle's stockholders
 "Silver Eagle soars 14% on Nasdaq after Videocon d2h stake buy")
SBI prices shares to government at Rs 295.59
It would issue 100.4 million shares on preferential basis for Rs 2,969.99 crore
 "SBI prices shares to government at Rs 295.59")
RBI's foreign exchange reserves fell by $286.3 mn
Rupee ends at over 2-month low
 "RBI's foreign exchange reserves fell by $286.3 mn")
Partial deregulation of tariffs to provide incentive for better performance at major ports: ICRA
The new policy is expected to lead to fairer competition between major and non-major ports
 "Partial deregulation of tariffs to provide incentive for better performance at major ports: ICRA")
Rise in power purchase cost hampering state utilities' revenues
Even after proposed 15-26% tariff hike, there would be an unrecovered revenue gap of Rs 25,300 cr
 "Rise in power purchase cost hampering state utilities' revenues")
Corporate espionage: CBI conducts more raids in Mumbai
Sources said more government officials, corporate houses could be involved
 "Corporate espionage: CBI conducts more raids in Mumbai")
Make in India for world markets: Rangarajan
Says Make for India would be import substitution, Make for the World would be export promotion
 "Make in India for world markets: Rangarajan")
SC gives Sahara a final chance to raise funds
Warns a failure will lead to appointment of a receiver for group; next hearing in 10 days
 "SC gives Sahara a final chance to raise funds")
AAP govt recounts its achievements on one month in office
Announces steps for women security such as deploying marshals in DTC buses, posting women security guards in crime prone zones
 "AAP govt recounts its achievements on one month in office")