Morning News Round Up 19- Sep 14

Ø  RBI needs to raise policy rates to bring down inflation: IMF

Ø  Moody’s Investors Service upgrades ratings of Tata Gr cos

Ø  Airtel may have to pay Rs 436 cr for merging 4G unit

Ø  S&P nears record as Fed support boosts Wall Street

Ø  MMDR Act amendment Bill to be tabled in coming session of Parliament

Ø  India calls for G20 swap lines to mitigate US stimulus withdrawal
Ø  Scottish independence vote weighs pride against risk

Ø  India signs pact with China to better trade ties, get $20bn

Ø  Markets welcome Fed decision; Nifty ends above 8,100

Ø  Solar Mission targets doubled, bundled clean energy to inch closer to grid parity

Ø  ICEX’s shareholders decide to revive the exchange

Ø  FMC censures NSEL for misleading public on dues recovery

Ø  Larsen & Toubro bags contract in Oman

Ø  ICICI Bank signs $1-bn agreement with China Exim Bank

Ø   Infosys partners with Microsoft, Hitachi and Huawei 

Ø  SEBI working on norms to clear FPO in 45 days

Ø  Monsoon deficit worsens to 12% as withdrawal is on track

Ø  Chambal Fertilizers mulls entering non-core biz plans

Ø  Bajpai panel to assess investment guidelines for private sector pension plan      
Ø  Reliance Jio, GTL Infra ink tower-sharing deal

Ø  SBI, Exim Bank of China ink pact for $1.8 billion line of credit

Ø  Crisil launches first inflation-linked government securities index

Ø  Hyundai’s record $10 bn bid for trophy property sends shares skidding

Ø  India Value Fund Advisors to pick up 10% stake in Biocon

Ø  Maruti voting to allow Suzuki to own Gujarat plant likely in November

Ø  BHEL powers drive to best Chinese gear makers in growing Indian market

Ø  Vijay Mallya summoned by court over payment of Kingfisher Airlines pilot

Ø  With Neeraj Singhal in jail, debt-laden Bhushan Steel to explore Rs 2,500 crore asset sale
Ø  India, China to start talks on civil nuclear cooperation

Ø  IGATE to focus on ITOPS to sustain its growth momentum

Ø  HCL Tech to invest $9mn in N Carolina centre;create 1,237 jobs

Ø  BSE, NSE to shift 2 UB group cos to restricted trade segment

Ø  SC seeks stand of NDA government on gas pricing

Ø  Tech Mahindra, Bosch tie-up for smart cities, home solutions

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