Morning News Round-up:

Ø  India among top 5 sovereign EM debt issuers: Moody’s

Ø  ‘OPEC oil output in Aug falls on Iraq disruption’

Ø  FMC to be merged with Sebi from September 28

Ø  Jet Airways to merge its weak-performing arm Jet Lite

Ø  Fed missed rate-hike opportunity: Bill GrossNext

Ø  12 mths to be challenging for realtors: Moody’s

Ø  Cabinet okays revenue sharing for oil & gas

Ø  Singapore wealth fund GIC to invest $300 mn in DLF projects

Ø  UP sugar mills to get booster shot of Rs 3,200 cr

Ø  Indian banks face broader capital challenges, says Fitch

Ø  Last date for e-filing of I-T return extended to Sept 7

Ø  Tata Motors’ Sanand plant to roll out first non-Nano model in December

Ø  India seeks WTO members’ views on steel import norm

Ø  European Commission approves Shell’s purchase of BG Group

Ø  India’s wind energy potential estimated at 302 GW

Ø  CLB adjourns hearing on Financial Tech case to Sept 8

Ø  PTC India seeks shareholders’ nod to pay 22% dividend

Ø  Foxconn plans spend up to $1 billion on India start-ups

Ø  Welcome to quantitative tightening as $12 trillion reserves fall

Ø  Jim Rogers exits India, says one can’t invest just on hope

Ø  $250 billion opportunity to invest in renewables: Piyush Goyal

Ø  India is on an extremely slow path to economic recovery: Report

Ø  Sensex falls for 3rd day in a row, ends 243 points down, Nifty closes at 7,717

Ø  Oil prices extend losses on US oil inventory, manufacturing data

Ø  Cabinet clears extension of compensation part of Land Act to 13 other central laws

Ø  SAIL to spend Rs 7,500 cr on modernisation, expansion

Ø  RBI’s new base rate formula to push banks to cut rates more

Ø  Hedge funds slip as markets plumb new depths in August

Ø  PFRDA asks intermediaries to comply with FATCA rules

Ø  Snapdeal acquires Silicon Valley startup Reduce Data

Ø  Monsoon deficit not to impact sales, says Tata 

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