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Morning News Round-up:

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

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