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

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