Market News: Interim Trade Policy

Government says: -Foreign investment in all operating-cum-Investing companies to comply with sectoral caps. -Foreign investment in downstream holding by operating-cum-Investing companies to comply with sector caps

-Foreign investment in all non-operating 'Investing' companies requires FIPB approval. -Alert: Press Note 3 (1997) & Press Note 9 (1999) repealed

Exclusive: Kamal Nath says there is room for interest rates to go down

Interim Trade Policy: -Additional Rs 325 crore export sops for leather & textile industries -Removes import curbs on gems & jewellery

PE players eye Sony promoter’s 32% stake in company

Tide Water Oil :Kolkata businessman Jalan acquires 14% in Tide Water Oil, Andrew Yule; promoter of Tide Water suspected Jalan has acquired more than 15% stake in Co

Dish TV says to pass on full benefit of service tax reduction to customers

EID Parry says bought back 92.8% of max buyback size, to close issue from March 02

ABG Shipyard: no new F&O contracts to be issued today

Akruti comes out of NSE F&O curb

Pledge meter:-Gujarat NRE Coke Promoters Pledged 14.7% Stake -Gammon India Promoters Pledged 9.21% Stake

Board meets: Bata India, MphasiS, Tata Steel, Thomas Cook results