Citi trims Sensex target; says investor faith turning fickle

New Delhi

Lowering its 2015-end Sensex target to 32,200 points, Citigroup on Thursday said investors’ faith in Indian markets is turning fickle amid a growing perception that the government has got “little logjammed” on various reform measures. “Our equivalent Nifty targets are 9,760 for December 2015 and 10,600 for June 2016,” it said. PTI

Chandigarh

Haryana to implement digital locker system

The Haryana Government will implement Digital Locker System and esign facility in the state to save time of both the citizens and the government agencies and avoid transit delays or losses of documents. Under Digital India Programme, so far 1 lakh persons have been registered and over one lakh documents have been uploaded. TNS

New Delhi

SpiceJet to mobilise Rs 300 cr

SpiceJet on Thursday said it will infuse Rs 300 crore into the airline and enhance its fleet size to 45-50 aircraft by March next year. PTI

New Delhi

SEBI ropes in Murthy to head committee on start-ups

SEBI on Thursday set up an 18-member panel headed by IT czar NR Narayana Murthy to advise on policy matters in this regard. The committee includes representatives from the industry, private equity firms and start-up organisations, besides senior officials of SEBI, RBI and the Finance Ministry. PTI

New Delhi

Govt to ‘consider’ repealing 51% FDI policy for retail

The government will consider repealing the 51% FDI policy in multi-brand retail, while no proposal would be entertained for opening supermarkets in India by foreign players, Union Minister Nirmala Sitharaman said on Thursday. PTI