Morning News Round-up:
Ø Global economic turmoil will not hit India: Finance Ministry panel
Ø Spectrum trading may curb excessive bidding: Fitch
Ø Gold monetisation scheme: 2% interest likely on gold deposits
Ø Satyam scam: Sebi asks Raju family, others to return Rs 1,800 cr
Ø RBI purchased $4.6 billion in the forward markets in July
Ø RCom-Sistema deal may cost $600 million extra
Ø Infosys to be global tech services partner for ATP
Ø Care downgrades Rs 100 crore Hindustan Organic bond to junk status
Ø RBI allows importers to raise trade credit in rupee
Ø RIL’s start-up hub Fall 2015 batch includes two Israeli start-ups
Ø RBI intervenes more through forwards in foreign exchange market
Ø Tata Motors, Total Lubrifiants sign pact for lubricants supply
Ø Vedanta Aluminium goes on workforce reduction, cost cuts
Ø Lenders order special audit of Amtek books
Ø Centre may hold on to HZL-Balco, SUUTI stakes in foreseeable future
BuØ Canada to invest pension funds in India’s urban development
Ø Make govt auditor part of legislature, amend Act: PACs
Ø India keeps its fingers crossed as superpowers toss and turn
Ø Tata Steel begins coke production at Kalinganagar plant
Ø G20 tightens norms to check conflict of interest for FIIs
Ø Winter session could be advanced to pass GST Bill: Venkaiah Naidu
Ø Saudi Aramco to open office in India for crude sales: report
Ø Delhi HC refuses to interfere in ONGC-RIL gas dispute
Ø BPCL to invest Rs1 trillion for its next phase of growth
Ø Sun Pharma planning to divest Ireland plant to cut costs
Ø Castex Technologies allots shares on FCCB conversion
Ø Govt clears Rs9,000 crore Teesta hydropower project in green energy push
Ø Sensex ends 97 points down on weak global cues, Nifty settles at 7,788
Ø Hero MotoCorp plans manufacturing units in Mexico, Argentina, Brazil
Ø Arvind Panagariya pitches for up to 1% rate cut by RBI
Ø Domestic car sales rise 6% in August, bike sales drop 9.59%
Ø Cairn Energy set to go to ICJ against India
Ø Raymond acquires Robot Systems for Rs 28 crore
Ø Inflation to ease in Aug, July industrial output to be stable
Ø L&T gets shareholders’ nod for raising about Rs 9,600 cr
Ø Mauritius utilises India’s security concerns to retain tax arrangement
Ø MFs invest Rs 4,200 cr in equities so far in Sep
Ø IndiGo’s profit up four-fold to Rs 1,304 crore in FY2015
Ø Suven Life gets patents for neurodegenerative
