Categories: Uncategorized

Evening News Round-up 11-Nov:

*See Nifty @ 9,600 by 2015; improving macro to boost mood: UBS

*Fed won’t likely raise interest rates anytime soon: Nouriel Roubini

*Overweight on EM equities, like India & Mexico: Morningstar

*Stay invested; investors adding to India overweight: JM Fin

*Railways must grow if India wants to achieve 10% growth: Dinesh Trivedi

*State mining grant illegal: Karnataka cos write to PM

*2G case: Raja, Kanimozhi oppose CBI plea, order reserved

*Rudy, Naqvi take charge as MoS for Parliamentary Affairs

*Rajiv Mehrishi appointed Finance Secretary

*More gold import curbs coming

*Srei Infrastructure declines 5% post fall in Q2 bottomline

*Amara Raja Q2 profit up 6% to Rs 100 cr, revenue jumps 32%

*Vodafone India Apr-Sep revenue up 12% at Rs 20,747 crore

*Bosch reports 31% rise in net profit at Rs 306 crore in Q3

*New NBFC rules to impact customers; target mkt may change: Shriram City

*NBFCs may react positively to RBI announcement; like Shriram Transport: Kotak

*Expect to reduce debt by $250-300 mn over next year: Amtek

*HCC’s Lavasa project gets Sebi nod for IPO, stock zooms

*Bookmycab acquires Hyderabad’s CabonClick.com

*Sunil Healthcare to increase gelatine capsule production by 30%

*Hilleman Labs inks pact with Bangladeshi firm for oral cholera vaccine

*Ixigo.com to add 50,000 hotels in its search kitty

*Sanofi sells Mumbai office space for Rs 134 cr

*Financials unlikely to get affected by RBI’s move: L&T Fin

*Brent oil falls below $82, hits four-year low

*Nifty at new closing high; banks lead, Tata Steel up 2%; CPI in focus

*US, China reach ‘understanding’ on IT tariff cuts: White House

*HPCL to take 8% stake in Petronet’s Gangaravam LNG terminal

*Sesa expects to restart Karnataka iron ore mine soon

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