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Evening News Round Up 18 Nov

Evening News Round Up 18 Nov

*No rate cut on Dec 2; financials to lead next rally: Nomura

*Don’t see aggressive rupee weakness from here: HSBC

*JP Morgan bullish cyclicals, financials; sees 6% GDP growth

*See interest in midcaps; upbeat on PSBs like SBI: IDFC Sec

*Commodity slump threatens return to junk for top EM nations

*Birla’s retail venture gets subdued offers

*BIS gives first licence on all-India basis for 3 products

*Snapchat launches new service ‘Snapcash’ to transfer money to friends

*Apple devices under ‘masque attack’ threat: Cyber agency

*Toyota considers bringing more hybrid vehicles in India

*Bombay HC rules in favour of Shell in transfer pricing case

*AISATS launches e-freight initiative at Bengaluru intl airport

*PM takes playful dig at Abbott during Australia Parliament speech

*Maharashtra finance department wants cut in power subsidy

*Gold stocks weak, investors fear more import curbs

*FTIL rises 7% as it decides to sell Mauritius-based bourse

*CARE extends gain on margins improvement

*Linc Pen zooms over 40% in two days post Q2 results

*Sugar stocks rally on exports subsidy hopes; Balrampur Chini up 9%

*Sugar output up 22% to 5.6 LT so far this season: ISMA

*Unaware of any decision on gold import curbs: Commerce Secy

*MTNL raises Rs 1,500 cr by selling bonds to institutions

*Mother Dairy eyes 10-15 % dairy business from Southern Metros

*Gulf Air to operate daily flights to Thiruvananthapuram

*Ikea Foundation contributes $ 31.5 mn for Unicef’s schemes

*See strong H2; will sustain performance: TVS Srichakra

*Indian infra is picking up now; target 40% lower debt: Punj Lloyd

*Sebi mulls another revamp of settlement proceedings

*Tea Association frets over production cost, price realisations

*FII investments via P-Notes surge to $43 bn in October

*Ranbaxy sues US FDA for revoking drug approvals

*Nifty, Sensex end flat while broader mkt gains; sugar, logistics sizzle

*Govt seeks suggestion on draft Mines & Mineral Bill

*Govt to announce tough steps to restructure Railways soon

*Equity mutual funds see over Rs 39,000 cr inflow in FY’15

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