Morning News Round-up:

Ø  Sebi considering cross-currency futures pairs

Ø  FPIs dump shares worth Rs 7K cr from markets

Ø  Credit funds may face selling as default risks grow

Ø  Tata Steel Mega Leadership Walk in steel city, other parts

Ø  Punjab, Haryana receive scanty rains; deficit hovers at 40%

Ø  ‘IDBI ready to become a back office for other banks’

Ø  Punj Lloyd arms move HC for creditor arrangement

Ø  China unveils plans to reform state-owned firms as growth sputters

Ø  Irdai to make listing a must for large insurers

Ø  Aluminium industry leaders meet Jaitley, seek import duty hike

Ø  Govt may extend interest subsidy scheme for exporters by 3 yrs

Ø  Vedanta used Cairn loan to repay inter-company loan

Ø  Govt to auction 27 oil fields off Mumbai, 15 in KG basin

Ø  Fed rate hike or not, Indian economy is unfazed, says former RBI Dy Governor

Ø  BSE to offer multi-legged order entry in currency futures from Monday

Ø  Vivimed Labs to divest specialty chemicals biz forRs. 380 cr

Ø  NSE adopts annulment policy to check frivolous trades

Ø  Spectrum trading norms a forward looking move: Vodafone

Ø  Income Tax refunds to be sent to taxpayers in 7-10 days

Ø  The Lehman effect on Indian banks

Ø  JK Group to buy Kesoram’s Haridwar tyre unit for Rs.2,200 cr

Ø  Air bag makers eye $2 billion opportunity in India

Ø  Indiabulls Housing Finance raises Rs.3,997 cr

Ø  Tamil Nadu signs pacts for more than Rs2 trillion

Ø  Oil could plunge to $20 a barrel amid global glut: Goldman Sachs

Ø  China economic growth sputters in August, more support measures seen

Ø  Utility debts threaten PM Narendra Modi’s power-for-all drive

Ø  Naidu seeks Congress support for passage of GST Bill

Ø  Donald Trump buys NBC’s half stake of Miss Universe Organisation

Ø  Textile sector seeks fresh impetus

Ø  Macro data points, global leads to dictate market trend

Ø  Best opportunity for RBI to cut rates: Economists

Ø  McDonald’s India to double outlets with Rs 750 cr investment

Ø  Tea exporters are looking at new markets to brew better earnings

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