Evening News Round – up

News Round-up:
*India on high-conviction list; buy midcap cyclicals: Jim Walker
*Fisc not a worry; India on its way to recovery: Uday Kotak
*EM need to guard against asset bubbles: IMF chief
*Worst not over for global eco; mood cautious: Martin Sorell
*Stable to negative outlook for power in FY15: India Ratings
*Sonia for lower gold import duty; JP Morgan wary of move
*Indian Bank Q3 net falls 20% on low NII but NPA improves
*Amara Raja net gains 17%
*Bharti Infra net up 48%
*Mastek profit jumps 22%
*Confident of maintaining margins in Q4: Biocon
*Urea industry becoming sick with every passing day: Experts
*Yash Raj starts new trend of in-house producers in Bollywood
*Sugar firms losses to aggravate as realisations much lower
*Will sustain margins, cautious on Q4: Raymond CFO Shivkumar
*Net slumped on high provisions; south mkt stressed: M&M Fin
*Deal pipeline strong, hopeful on FY15 prospects: KPIT Tech
*Govt trying to meet divestment target: Seelam
*RBI decision to increase LTV will rebuild lost confidence: Thomas John Muthoot
*Tariff cuts cast a pall of gloom on power stocks
*Radico Khaitan gains on Morgan Stanley stake buy
*MahaVitaran pushes for 10% tariff hike proposal for 2013-14
*Fresh airfare wars to trigger new set of losses
*Aurobindo Pharma gets USFDA nod for anti-diabetes tablets
*Tata Chemicals to focus on farm, consumer product businesses03:08
*Hyundai posts first sales drop in 3 years on stronger won
*SBI 9500 cr QIP Launch next week
*Optimistic about changing travel mood in India: AirAsia CEO
*Irda asks Birla Sun Life to tighten anti-money laundering norm
*Hike in foreign investment cap to help Axis Bank stake sale: Fitch
*Axis Bank stake sale to be a block deal: Sources
*Cairn India Q3 consolidated net drops 14% to Rs 2,884 cr
*Sensex makes record closing high, Nifty tests 6350; L&T up 3%
*India remains world’s 4th largest steel producer in 2013
*RJ.. RARE.. bot 6.85 lkh radico @ 167.75

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