Response on food inflation by Anand James, Chief Analyst, Geojit Comtrade.

Second Liquidity Adjustment Facility : Auction Results

Franklin India Flexi Cap Fund has announced a dividend, for which the record date has been fixed as March 18, 2011.

Indian non-banking financial institution PTC India Financial Services' (PFS) initial public offering of 15.67 crore equity shares opened for subscription.

Bhubaneswar-based ARSS Infrastructure Projects Limited, with a focus on construction of railway infrastructure, roads, highways and bridges, has received a new work order from NTPC Ltd. for Rs. 46.11 crores. The total order book position of the Company now stands at Rs.5,446 crores.

RBI monetary policy review by Shanto Ghosh- Principal Economist, Deloitte.

Indian non-banking financial institution PTC India Financial Services' (PFS) initial public offering of 15.67 crore equity shares opened for subscription. KR Choksey has recommended subscribing the issue with long term view, in its research report dated March 15.

Angel Broking has come with a report on Monetary Policy Review.

Oil was up over USD 2 on Thursday as tensions in Saudi Arabia and Bahrain fuelled fears of further supply disruption while investors weighed the impact on energy demand from quake-hit Japan.

The RBI met earlier today for its mid-quarter review raising its repo and reverse repo rate by 25 bps each ( to 6.75% and 5.75% respectively) along market expectations.

Japan is in urgent need to import coal, LNG and oil products to restore energy consumption, but damaged storage tanks, ports and refineries render the country incapable of absorbing all the fuel and raw materials foreign suppliers might want to rush in.

Emkay Global Financial Services has come out with a report on telecom sector with three top picks.

Saptagiri Gramin Bank, Chittoor - Penalised

The country’s largest fast moving consumer goods (FMCG) company, Hindustan Unilever (HUL), is using ‘out-of-home’ aggressively to grow its foods business, reports Business Standard.

International Finance Corporation (IFC), the private lending arm of World Bank, will invest USD 15 million (approx Rs 68 crore) in Simran Power Projects Ltd, a 100% owned subsidiary of Techno Electric & Engineering Company Limited, which is developing two wind farms with an aggregate capacity of 127MW in the first phase

Emkay Global Financial Services has recommended hold rating on Bharti Airtel with a target of Rs 345, in its March 17, 2011 research report.

Indian equity benchmarks washed out all their yesterday's gains on Thursday, dragged down by financial, technology, auto, realty and select power companies' shares.

FMCG giant Procter & Gamble (P&G) is reducing the price of its sanitary napkins and baby diapers by up to 15% as a result of the excise duty cut announced during the recent Union Budget, reports The Economic Times.

Emkay Global Financial Services has come out with a report on telecom sector.

The head of the OECD said on Thursday he was concerned that the nuclear crisis in Japan after last week's earthquake could lead to an unmerited global backlash against nuclear power.

State carrier Air India has started flights with bigger capacities to Tokyo and has increased their frequency to help bring back Indians from Japan as concerns about the spreading nuclear crisis worsened.

With Japan's deadly quake raising questions over safety of nuclear reactors worldwide, the state-run nuclear operator today allayed any fears with regard to Narora Atomic Power Station located in seismic zone IV in Uttar Pradesh''s Bulandshahr.

D&B downgrades Japan's country's risk rating due to the power shortages and nuclear safety concerns caused by the tsunami.

Reaction on RBI policy by Shyamal Saxena, General Manager – Consumer Banking, Standard Chartered Bank.

UK-based online food ordering site Just-Eat, which is present in India through its Hungryzone acquisition, has raised USD 48 million in its second round of funding from Greylock Partners, Redpoint Ventures and existing investor Index Ventures, according to TechCrunch.