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Morning News Round-up:

Morning News Round-up:

Ø  ‘India among top 10 in total individual wealth globally’

Ø  Infy, Wipro, HCL, TCS struggle to meet Nasscom’s target

Ø  ONGC to start cutting costs as oil price fall hits profit

Ø  ‘Govts to raise $22bn from carbon pricing in 2015’

Ø  After IndiGo’s success, GoAir eyes up to $150 million via IPO 

Ø  Sun recalls over 10L boxes of allergy drug in US

Ø  Carl Icahn says AIG should split into three cos

Ø  Amtek Auto seeks to sell German unit Tekfor: Sources

Ø  Fed sees ‘moderate’ pace of growth; rates unchanged

Ø  OVL to double Africa investments to $16 bn in 3 years

Ø   Diageo, USL end trademark litigation on Black Label

Ø  Novartis’ generic drug arm gets USFDA warning letter for two plants in India

Ø  Hindustan Coca-Cola takes over Georgia Tea & Coffee business in India

Ø  Defence unit at Tata Steel Gopalpur park to start production in Feb

Ø  Regulatory reforms can lead to substantial benefits: WB

Ø   India’s chemical industry set to touch $214 bn by 2019: Report

Ø  It takes 29 days to start a new biz in India: World Bank

Ø   Textile industry appeals for better weightage to domestic market

Ø  Emco board nod for Dubai arm establishment

Ø  Tatas join UK steel industry to petition govt for action

Ø  Govt said to mull higher foreign investment cap for state banks

Ø  Indian Oil’s Paradip refinery may start commercial operations in March

Ø  Jet Airways Q2 profit rises 25% to Rs 87.59 crore on lower fuel prices

Ø  Dabur India Q2 profit up 19% to Rs 341 crore

Ø  Syndicate Bank Q2 profit rises 5.3% to Rs 332.37 crore

Ø  Sensex extends losses for 3rd day in a row, ends 214 points down, Nifty settles at 8,171

Ø  PSU disinvestment nets 71% of total fund raising in Apr-Sept

Ø  Two CCI members order fine on JP Associates; Chairman, others overrule

Ø  Maruti Suzuki Baleno gets over 4,600 bookings within 2 Days

Ø  Arun Jaitley must revive DTC, reduce income tax burden on common man

Ø  Wipro bags 5-yr deal from Coop Norge Handel

Ø  MF investos have to give info under FATCA from Nov

Ø  REC’s Rs 700-cr tax-free bonds oversubscribed

Ø  Future Generali to raise share in health segment

Ø  Indian real estate has to be ready for automation

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