Morning News Round-up:
Ø ONGC to seek govt help for $6-bn KG project
Ø Adani to buy Welspun’s 2 Ready-to-build power plants
Ø State Bank of India to charge up to 10% for home loans
Ø Cabinet to consider Rs 4.3 lakh-crore loan recast of discoms
Ø India pledges to increase use of non-fossil fuels
Ø Indiabulls’s $1 billion issue gets shareholders’ nod
Ø Center to invite bids for national agri market platform
Ø Volkswagen India sales down after 7 months of growth
Ø Lower costs, be vigilant of risky assets, Sebi tells AMCs
Ø NMDC slashes iron ore rates by over 50%; more revision likely
Ø New gas price will discourage exploration: S&P
Ø RBI likely to go for final 25 bps rate cut in Feb: BofA-ML
Ø NTPC may sell power to B’desh from upcoming Assam plant
Ø ‘Transmission of interest rates cut will help pick-up in consumption demand’
Ø Govt to make PAN card must for cash transactions beyond a limit
Ø NSE to launch self-trade prevention system from Oct 12
Ø Lack of capital affecting first generation entrepreneurs: SIDBI
Ø Switzerland to publish 1st list of unclaimed accounts in December
Ø India to pay another $700 mn to Iran on Oct 12
Ø Indian banks forced to inject funds into UK subsidiaries: report
Ø HDFC raises more than Rs.10,000 cr through issuance of securities
Ø Maruti board approves pact with Suzuki arm for Gujarat plant
Ø Adani Ports signs pact with L&T Shipbuilding to evaluate Kattupalli Port
Ø DLF board to meet on 8 October to prepare road map for rental business
Ø Pending tax issues will be referred to Shah panel: CEA Arvind Subramanian
Ø Tata Steel invests Rs 22K crore in Odisha project; to start operation soon
Ø SC to examine Essar’s plea against Rs 2,300-cr fine by DGVCL
Ø Regulatory environment key risk for India’s airport sector: S&P
Ø Wary of risks, GAIL to take 10 pct stake in TAPI pipeline
Ø FPIs in exit mode, pull out Rs 6,500 crore in Sep
Ø Infosys topples HDFC Bank as third most valued co
Ø Another mixed week for markets as China’s turmoil clouds sentiment
Ø Guar to trade lower as demand falls on US shale gas slump
Ø BSE to stop LEIPs on single stock options contracts from Oct 16
Ø Pharma sector growth may remain strong: ICRA
