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Morning News Round-up:

Ø  High burnout rates pushing investment bank pros to join start-ups

Ø  India seeks more FDI in insurance, defence: P Mukherjee

Ø  Arun Jaitley pitches for reforms in World Bank at global meet

Ø  ‘Kingfisher diverted portion of loans to tax havens’

Ø  India cuts holdings of US govt securities to $116.3 bn

Ø  Coffee Day, IndiGo to beef up IPO mkt to 4-yr record

Ø  Unichem plans sale of domestic formulations biz

Ø  ONGC may not get much compensation in gas dispute with RIL

Ø  Govt committed to upliftment of downtrodden, says Modi

Ø  $15-20bn of commercial space eligible for REITs in 2-3 years

Ø  IMF-WB appreciative of India’s policy steps: FinMin

Ø  RBI net seller of dollars in August, sells $1.559 bn

Ø  Bombay HC refuses to grant extension to Elder Pharma to repay Rs 155 cr

Ø  India climbs one rank with a 32% sprint in brand value

Ø  57 coal-based power units identified for upgrade

Ø  Adhia outlines reforms to bring down graft in I-T Dept

Ø  Novartis buys another 2.5% in Israel’s Gamida Cell

Ø  GMR Infra, Japan’s JGC in pact to co-develop food processing park

Ø  WTO effect: India may halt export subsidies for raw sugar

Ø  Vedanta trims opex, capex in second quarter

Ø  BSE drops plans for separate commodity bourse

Ø  CBI searches BoB branches over suspected black money transfer

Ø  Swan Energy gets shareholders’ nod to mop up Rs.1,200 crore

Ø  EPA’s new Volkswagen probe may reveal failure to disclose

Ø  Bandhan Bank to raise Rs500 crore from investor

Ø  Amazon, Flipkart, Snapdeal flouting FDI norms: CAIT

Ø  Consumers to splurge $8 bn on e-commerce this festive season: Assocham

Ø  Market outlook: Earnings from Infosys & TCS, macro data to set trend

Ø  Govt to commission study on impact of FDI in pharma

Ø  Rate cut tempts shoppers to buy new cars, major appliances

Ø  Top 9 cos add Rs 80k cr in mkt cap; ONGC steals show

Ø  Traders asked to pay advance tax rather than returns

Ø  Windows 10 fails to revive sagging PC shipments in Q3

Ø  Irdai panel sets 175% solvency to repatriate capital

Ø  NPS assets rise 38 pc to top Rs 1 trillion mark

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