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Morning News Round -up:

Morning News Round -up:

Ø  IMF to include yuan in benchmark currency basket

Ø  China banks seek more capital as bad loans pile up

Ø   China growth rate may fall below 7%: Premier Li Keqiang 

Ø  Volkswagen may offer discounts to owners of cars with illicit software: Report

Ø  UK nuclear deterrent to cost 167 billion pounds

Ø  Sebi mulls mandatory ‘Dividend Policy’ for listed companies

Ø  Modi govt plans to reward made-in-India innovations

Ø  India’s e-tail sees 3-fold growth in a year

Ø  Bankers expect special audit report on Amtek Auto by next week

Ø  Welspun Group eyes $5 bn revenue by 2020

Ø  New energy norms for urea plants may save Rs 800 cr in subsidy

Ø  Govt telcos in talks with pvt operators to share spectrum

Ø  Henkel has option to invest in Jyothy

Ø  Sept raises temperature of fuel sector

Ø  ‘The regulator has the right to tell us what to do’ 

Ø  ‘Sin tax’ for alcohol, tobacco industries in GST regime

Ø   MEP Infra targets highway projects, seeks private equity partnerships 

Ø  DLF plans to monetise some more housing projects thu PE 

Ø  Demand for wellness, preventive-care treatment rising across country

Ø  Sunteck Realty to invest Rs 1K cr to acquire distressed assets 

Ø  Lava to invest Rs500 crore to set up manufacturing plant in Andhra Pradesh

Ø  Competitor offers $1 rival to Turing Pharmaceuticals’ $750 pill

Ø  M&A deals worth $25 bn signed in January-September: Mergermarket

Ø  IIFL Holdings Q2 profit rises 28% to Rs140 crore

Ø  Bank unions call for nationwide strike on 2 December

Ø  Income Tax department to roll out ‘pilot’ project for scrutiny assessment

Ø  Risk-on carry trade back in global financial markets

Ø  US Fed will weigh up ECB’s push as it sets rates message 

Ø  Air Costa in funding talks ahead of launch of pan-India operations

Ø  Gold-related schemes to be launched on the eve of Diwali: PM

Ø  FPIs net inflow tops Rs 19k cr in Oct, a 6-mth high

Ø  Sebi wants MFs to join e-commerce bandwagon

Ø  GE’s India unit to export med equipments to Africa, ASEAN

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