Shares of rate sensitive sectors such as real estate, capital goods , auto and banking which were trading in the negative territory in the early deals have remained almost unchnaged barring select banking and auto shares post the announcement of RBI monetary policy.

The Reserve Bank of India (RBI) kept the key rates unchanged. The repo rate was unchanged at 7.75% and the reverse repo rate at 6.75%. However, RBI has cut SLR by 50 basis points to 21.5%, effective February 7. he repo rate 25bp to 7.50% from 7.25%.

The government has cleared projects worth Rs 6,500 crore in the electronic manufacturing sector, proposals for which were received from major domestic and international players.

Firms such as General Electric, Bosch, Motherson Sumi and Tata Power SED made 57 proposals worth Rs 19,000 crore. Of these, the government has cleared 30.

Some of India’s top business houses such as Reliance Industries Ltd (RIL) and Aditya Birla Group are among about 100 entities that have applied for payment and small bank licences, the application deadline for which ended on Monday. Bharti Airtel was the first to announce plans for a payment bank licence, through an association with Kotak Mahindra Bank, on Thursday.

The much awaited free voice calling feature of Whatsapp is finally out but is still not available for all of its users.

The news got viral when a Reddit user posted screenshots of the voice calling feature in the app. According to him the feature got enabled when when of his friends called him, as reported by Geeky Gadgets.

Hyundai Motor Co said it will lower the price of its Tucson fuel cell electric vehicle by 43 per cent in South Korea and consider cutting prices of the car overseas to compete with models from the likes of Toyota Motor Corp.

The South Korean automaker, the world's fifth biggest when paired with sister Kia Motors Corp, hopes to popularise fuel cell cars in its home market by cutting the price of the Tucson ix to 85 million won ($77,189).

The S&P BSE benchmark Sensex was trading 180 points lower in afternoon trade due to selling in Banking and FMCG sectors despite buying in Capital Goods, Consumer Durable and IT sectors.

The Sensex opened lower at 29,143.63 and dropped further to 29,002.40 on weak Asian cues coupled with foreign capital outflows before quoting at 29,142.45 at 1100hrs, still showing a loss of 40.50 points or 0.14 per cent from its last weekend’s level.

Beats estimates again; wireless Ebitda growth accelerates to 37% y-o-y: There was little not to like about Idea’s Q3 earnings report even as the bears are likely to focus excessively on the weak voice RPM (revenue per minute) trajectory. We stay positive even as performance in the near term will likely be driven by developments on the two key externalities – spectrum auctions and R-Jio news flow.

Country's largest car maker Maruti Suzuki India (MSI) today reported 13.9% increase in total sales at 1,16,606 units in January 2015 as against 1,02,416 units in the same period last year.

The company said its domestic sales increased by 9.3% during the month to 1,05,559 units as against 96,569 units in January 2014.

Tata Motors today reported a 5.19% increase in total sales at 42,582 units in January, as against 40,481 units in the same month last year.

Domestic sales of Tata commercial and passenger vehicles grew by 5.35% at 38,621 units as compared to 36,657 units in January 2014, Tata Motors said in a BSE filing.

Auto major Mahindra & Mahindra reported six per cent decline in total sales at 39,930 units in January.

It had sold 42,685 units in the same month last year, the company said in a statement.

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