Ø Tech Mahindra to acquire US-based LCC for $240 mn
Ø WTO members raise questions over India’s sugar subsidy
Ø Gamesa to invest over 100 million euro in India
Ø CAG seeks audit of RIL’s spending on KG-D6 block
Ø SBI defends $1bn loan to Adani group,
Ø US jobless claims fall; lowest since 2000
Ø Govt likely to introduce differential export duty for iron ore
Ø Kotak Mahindra buys ING Vysya in all-share deal
Ø Mining law set for change; firms may get to sell mines
Ø Moody’s revises non-financial cos’ ratings outlook to stable
Ø Govt to rollout bulk drug pharma policy within 15 days
Ø FM asks banks to step up credit flow, reduce bad loans
Ø BSE launches six additional derivative contracts
Ø Global steel prices continue to fall, India may follow
Ø RBI reduces repatriation time of export proceeds to 9 months
Ø Alok Industries to raise Rs300 crore via asset sale
Ø New all industry duty drawback rates announced
Ø RBI allows FIIs to buy equity in Yes Bank
Ø Aurobindo to replace Actavis’ drugs with its own to lower costs
Ø Maharashtra govt approves 2 metro lines for Rs 44,702 cr
Ø 100 million online shoppers in India by 2016: Report
Ø Jignesh Shah steps down from FTIL posts
Ø Locally registered foreign firms will soon mine and sell coal in India
Ø Banks had unfair advantage from commodity units: US Senate report
Ø India free-float market cap low compared to peers
Ø Ranbaxy loses bid to block rivals in generic drugs fight
Ø GAIL plan for ‘made in India’ ships runs into crisis
Ø Sensex rebounds, Nifty reclaims 8,400 mark; Cipla, Infosys lead rally
Ø US court overturns bid by Ranbaxy to block launch of rival generic drugs
Ø De Reddy’s Visakhapatnam unit comes under USFDA lens
Ø PE investments up 27% to $3b in Jul-Sep quarter: Report
Ø Govt yet to decide on extending subsidy on raw sugar exports
Ø Royal Bank of Scotland fined for IT failure: Regulator
Ø Govt axes licence requirement for ammonium nitrate fuel oil explosives
Ø India headed for capex revival, $360b in orders: BofA
