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Morning News Round-up:

Morning News Round-up:

Ø   Huge relief for FIIs:Gov not to levy MAT prior to April 1,2015 

Ø  Essar controlled LTL, facts misrepresented: CBI

Ø  Govt extends deadline for bids to manage CIL’s 10% stake sale

Ø  Sebi seeks public comments to reset clearing corporation norms

Ø  Sept is historically the stock market’s worst month

Ø  Govt raises import tariff on gold to $369 per 10 grams

Ø  US markets more attractive than India’s

Ø  China, GDP data spook markets

Ø  Provide subsidy to farmers directly, RBI tells govt

Ø  2015 El Nino is the strongest since 1997-98

Ø  Adani Group wins 50 mw solar power plant in UP

Ø  Fitch Cuts viability rating for PNB, warns IDBI vulnerable to downgrade

Ø  Oil falls 3% on weak China factory data

Ø  Fitch affirms ratings on nine Indian banks

Ø  Maruti sales up 9% at 1.06 lakh units in August

Ø  Mahindra & Mahindra sales up 1.29% in August

Ø  L&T wins Rs. 1,070-cr contract in Saudi Arabia 

Ø  Western disturbance may stop monsoon-on-retreat

Ø  Oil companies slash Jet fuel price by 11.7% 

Ø  Global growth likely to be weaker than expected, says IMF chief

Ø  Banks must move to marginal cost for new base lending rate: RBI

Ø  Global funds eyeing infra assets, betting on govt push for growth

Ø  UltraTech seeks clarification from govt on cement assets deal with Jaypee

Ø  Sensex ends 587 points down at 25,696 on weak GDP data, global cues; Nifty closes at 7,786

Ø  Alstom lowest bidder in Indian Railways locomotives project

Ø   DLF gets shareholders nod to raise up to Rs 7,500 cr

Ø  Jindal Steel shutting down coal mine in Australia

Ø  Bank stocks fall on net interest margins worries

Ø  Factory output growth slips; all eyes on RBI for rate cut

Ø  Sebi takes actions against unauthoriesed investment schemes

Ø  Consumers in India ‘extremely optimistic’ about eco prospects: Survey

Ø  Tata group exits Taj Palace Hotel, Dubai

Ø  Sun Pharma completes acquisition of GSK Australia opiates biz

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