Opening bell: Asia opens Mixed; Tata Motors, Sun Pharma Q3 Results Today

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US stocks hit record highs, Asia markets open mixed
US stocks rose on Monday, notching fresh record highs, as investors remained bullish on President Donald Trump’s economic agenda.

Asian markets traded sideways on Tuesday, following the new record highs over at Wall Street and firmer dollar.
Infosys chairman R. Seshasayee defends CEO Vishal Sikka’s salarySeshasayee defended Infosys CEO Vishal Sikka’s salary, saying compensation tied to very high levels of target achievements and backed independent directors D.N. Prahlad, a relative of co-founder N.R. Narayana Murthy, and Punita Kumar Sinha.


Retail inflation falls to 3.17% in January
Prices of vegetables and pulses fell 15.62% and 6.62%. Rural inflation remained above urban inflation at 3.36% and 2.9%, respectively.

Cairn India to invest $1 billion in five projects to ramp up production These projects constitute about 80,000 barrels of oil equivalent to 100,000 barrels of oil equivalent at peak production. 

GVK wins bid to develop Navi Mumbai airport
The new airport, first proposed in 1997 and approved by the government in 2007 is expected to be operational in 2019.

L&T forms JV with France’s MBDA for development of missile systems The government of India has decided not to buy missile systems from overseas but source them domestically.

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