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Morning News Round Up 1 Oct 14

Morning News Round Up 1 Oct 14

Ø  US nod to build LNG plant to ship fuel to India

Ø  RBI unveils more measures to deepen trading in bond market

Ø  NTPC signs coal-swapping agreement with GSEC

Ø  US Treasury, Federal Reserve at cross purposes on debt during crisis: Study

Ø  Lenders fear coal block cancellations may spike NPA

Ø  SBI cuts short-term deposit rates to 6 per cent
 
Ø  PSBs may soon raise funds to meet capital needs

Ø  RBI policy: Rajan leaves interest rates unchanged at 8%

Ø  Rel Comm aims to bring debt under Rs 20K cr in two years

Ø  Rupee falls, sees worst month since Aug 2013

Ø  RBI projects GDP growth to accelerate to 6.3% next fiscal

Ø  JSW Steel cuts steel prices for October

Ø  Business outlook, consumer confidence improve in Q2: RBI survey

Ø  Indianroots to open stores in Chicago, UK

Ø  Tata Starbucks has over 50 cities on radar for expansion

Ø  Promoter entity picks 9% stake in Hexaware for Rs532 cr 

Ø  DSP BlackRock Investment restricts flow into micro-cap fund 

Ø  IDFC brings down foreign investment limit to 48%       
 
Ø  New rules to slash Indonesian coal exports in short term at least

Ø  Starwood Hotels to shift HQ from US to India for a month

Ø  News Corp. to buy real estate business Move in $950 million deal

Ø  Microsoft builds Indian data centres to tap $1.7 billion market

Ø  Cross-border tax rule for wholesale trading tightened

Ø  Open offer of Zuari, Deepak ‘fair & reasonable’: MCFL IDC

Ø  IVRCL puts up Rs 4,000 cr assets for sale to ease debt burden

Ø  Non-subsidised LPG cylinder price cut by Rs 21; ATF 3 %
 
Ø  Bankers rule out slashing lending, deposit rates

Ø  Microsoft eyes $2 trillion cloud market

Ø  Trai directs Loop to inform users about closure

Ø  Govt cuts import tariff value on gold & silver

Ø  Hero MotoCorp crosses 6 lakh sales mark in September

Ø  Austria sees scope for increasing trade with India

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