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
