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Morning News Round Up 17- Sep 14

Morning News Round Up 17- Sep 14

Ø  Oil Ministry wants RIL to stop sale of KG-D6 crude

Ø  Scottish support for independence at 48%: ICM poll

Ø  No immediate plans to raise FIIs’ debt limit: RBI

Ø  Mahindra in talks to buy Peugeot’s scooter unit

Ø  SAIL share sale to hit markets between Sept 24-26

Ø  Related party transaction norms for listed PSUs eased

Ø  Finance Ministry to decide on removing iron ore import duty: Steel Ministry
 
Ø  Fresh tax demand on foreign investors

Ø  Rajan cautions against reliance on foreign capital

Ø  Labour reforms for textile sector proposed

Ø  Final norms for on tap bank licences this fiscal: RBI

Ø  Need to boost India, US bilateral trade to $1 tn: Think-tank

Ø  Sebi saves ONGC subsidy from minority ire

Ø  FTIL opposes NSEL’s amalgamation with it

Ø  OMCs’ diesel sales turn profitable for the first time

Ø   Ambani tops Hurun India Rich List again, Adani makes it to big league

Ø  Lupin, Merck Serono ink deal for emerging markets 

Ø  Aurobindo Pharma gets USFDA nod to make, market Amoxicillin

Ø  Alstom bags contract worth €13 mn from Vietnam

Ø  Tyre industry growth to touch Rs. 493 b in FY 15: ICRA      
 
Ø  Fed interest rate raises seen as gradual in survey as inflation muted

Ø  Mangalore Chemicals shareholder moves Sebi against Zuari’s open offer

Ø  Hindalco said to postpone Rs5K cr institutional share sale

Ø  OECD unveils global plans to crack down on corporate tax avoidance

Ø  FIPB clears 21 FDI projects, rejects Sistema Shyam’s proposal

Ø  US rate hike fears hit markets as BSE Sensex, NSE Nifty fall most in 7 wks

Ø  P-Notes investment rises to Rs 2.11 lakh crore in August

Ø  SBI cuts fixed deposit rates to 8.75% from 9%

Ø  SC allows Reliance Power to return land for Dadri plant

Ø  Epirus, Ranbaxy win India approval for arthritis drug copy
 
Ø  FDI more than doubles to $ 3.5 billion in July

Ø  Efforts being taken by Modi govt in right direction: Crisil

Ø  KKR to lend $175 million to GMR Infrastructure

Ø  IOC cuts refinery output as rains hit fuel demand: Source

Ø  Oil cos hold 35 paisa cut in diesel, 55 paise hike in petrol

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