Maruti Suzuki Q3 Net Soars Over 2-fold To Rs 501.29 Cr; Etihad To Pick Up 24% Stake In Jet Airways For $330 Mn; Sensex Up 180 Pts, Midcaps Rise; Plus Davos 2013 Special Stories

Friday, Jan 25, 2013 DAVOS: DRAGHI SEES 2ND HALF EURO ZONE RECOVERY   European Central Bank President Mario Draghi said that financial markets are experiencing "relative tranquility" at the start of this year and all the indices point to a substantial improvement of financing conditions. "The level of economic activity is in the process of stabilizing at very low levels and we foresee a recovery in the second part of the year," Draghi said at the World Economic Forum in Davos. (See Video By Clicking Video Icon Above). read more   LEAD STORIES MARUTI SUZUKI Q3 NET SOARS OVER 2-FOLD TO RS 501.29 CR After enduring strike, plant shutdowns and demand slowdown Maruti Suzuki put up a good show. Sales rose 45% to Rs 11,200 cr from Rs 7,882.4 cr. read more ETIHAD TO PICK UP 24% STAKE IN JET AIRWAYS FOR $330 MN The Gulf carrier will likely fund the deal via debt, part internal accruals. Etihad values Jet at Rs 750/sh which gives a valuation of $1.25 bn. read more SENSEX RECOVERS 180 PTS; MIDCAPS RISE; MARUTI UP 4% Sensex reclaimed 20k after closing at 20,103.53 on RBI rate cut hopes, Nifty closed at 6,074.65. Midcaps rebounded nearly 2% & Maruti gained over 4%. read more UK SHRINKS ANEW, FLIRTS WITH "TRIPLE-DIP" RECESSION Britain's economy shrank more than expected with its GDP falling 0.3% in the fourth quarter, sharper than a 0.1% decline forecast by analysts. read more TOP STORIES • RBI seen cutting repo rate, first time in 9 mths   • NTPC share sale worth about $2 bn likely on Feb 7   • Godrej sells Indonesian food business to PE firm   • Sesa Goa defers 10-25% of salaries due to mining ban   • World stocks gain as European outlook brightens   • I expect FDI inflows to improve in 2013: Minister   • Trade Unions-EPFO tussle over 'Aadhaar'   • SEBI issues norms for separate debt segment   • HDIL stock rises 11% on positive brokerage reports   • Telenor wants 50% cut in Mumbai licence fee   • Reliance Power Q3 net zooms over 30% to Rs 266 cr   • Biocon Q3 beats estimates; net profit up 9% at Rs 93 cr   • Lamborghini launches Aventador Roadster at Rs 4.7 cr   • Unilever, Alcoa, Coke win gender diversity award   • Rape guard: Sena gives knives, chillis to women   • Samsung's Q4 profit surges 76% to $6.6 bn   • Procter & Gamble Q2 profit soars, forecast boosted   • Microsoft Q4 meets estimates; profit dips to $6.4 bn   • I don't want a country called Europe: Cameron   • Want to clean up your FB profile? Get 'Facewash'   more stories DAVOS 2013: TOP VIDEOS Interest Rates Could Spike This Year Argues Billionaire Financier George Soros With CNBC's Maria Bartiromo   CNBC-TV18's Menaka Doshi Chats Up With Kenneth Rogoff Of Harvard University & Asks Him About The U.S. Debt Ceiling & Its Long Term Impact On The U.S Economy   The Global Economy In 2013 Will Be Better Than 2012 Assures Christine Lagarde, Managing Director of IMF To CNBC's Maria Bartiromo   U.K Announcement Of Referendum Is Creating Uncertainty & Is Not Helpful In Terms Of Stabilising The Economy Tells Olli Rehn, EU Economy Chief To Maria Bartiromo   AT A GLANCE BSE 20103.53 +179.75 NSE 6074.65 +55.3 TURNOVER Rs. 215,585 cr BSE CASH Rs. 2,352 cr NSE CASH Rs. 13,036 cr NSE F&O Rs. 145,723 cr BULLION GOLD 30312 -136 SILVER 58631 -322 CRUDE NYMEX 96.15 +0.2 BRENT 113.49 +0.21 FOREX $ / Re 53.67 0 £ / Re 85.071 +0.28 € / Re 72.422 +0.59 DAVOS DIARY Jan 26, 1:45 pm IST An Insight, An Idea with Tim Hunt, Professor, Cancer Research UK, United Kingdom Jan 26, 2:45 pm IST An Insight, An Idea with George Soros, Chairman, Soros Fund Management, USA Jan 26, 3:45 pm IST An Insight, An Idea with Jim Yong Kim, President, The World Bank Jan 26, 7:45 pm IST An Insight, An Idea with Sheena Iyengar, Professor, Columbia Business School Jan 26, 8:45 pm IST An Insight, An Idea with Jeannette Wing, President's Professor of Computer Science, Carnegie Mellon University

BIG ADVANTAGE India Business Update I look forward to getting my INDIA BUSINESS UPDATE on my Blackberry every evening. The big advantage I find is that in a very concise form and in a brief space, one gets the total summary of the day's main economic, business and political news. What They Say... R C Bhargava, Chairman, Maruti Suzuki India

"If one has to find a common denominator for defining the greatest event of 2012, or why 2012, is going to be remembered, I think one would say that it's the year of the relaunching of the euro." Mario Draghi President, European Central Bank "Governments have found themselves unemployed because the economy has become global while Governments remain national. Forty global companies have more fortune than all the Governments in the world." Shimon Peres Israeli President "I believe 2013 to be better than 2012 for IT sector as globally lots of uncertainties have been removed, U.S. elections are over, Europe is not going to split and people believe that it is going to stay together." S Gopalakrishnan Co-founder & Exec Co-Chairman, Infosys

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Prime Property   CNBC-TV18 launches a brand new series Prime Property. From new launches to hot deals, national price checks and trends, Prime Property brings you all the news in realty with the biggest voices in the business. This week Unitech's MD Sanjay Chandra breaks his silence and shares the company's blueprint to recovery. Also find out how Lodha Developers latest pre-launch in Worli attracted 1000 buyers in just three hours. SHOW TIMINGS Sat 8pm Sun 7 pm