Morning News Round-up:

Ø  Govt to announce new civil aviation policy today

Ø  FATCA fact: New US tax law is shaking up Indian Trusts

Ø  US economy slows to 1.5% growth in Q3

Ø  RBI opens National Pension System for NRIs

Ø  India will offer concessional credit of $10 bn to Africa: PM

Ø  Volkswagen meets Indian government on emissions

Ø  Sebi cuts IPO paperwork; notifies 5-sheet DRHP

Ø  Dr Reddy’s Q2 net up 26% at Rs 722 cr

Ø  Govt clarifies tax treatment of offshore rupee-denominated bonds

Ø  Telecom regulator sticks to compensation order on call drops

Ø  Cipla sells stake in Chinese biotech firm

Ø  IDFC Bank’s net worth pegged at Rs 13,322 cr

Ø  Airtel to return 50% mobile data used at night,makes Wynk free

Ø  US plan to mandate FDA audit of farm imports irks India

Ø  World Bank retains India’s growth rate at 7.5% this fiscal

Ø  Grasim net up 17% on higher cement volumes 

Ø  NTPC Q2 net profit rises 40% to Rs. 2,898 cr

Ø  Nestle India Q3 profit dives 60% on Maggi Noodles ban 

Ø  Govt approves 16 FDI proposals worth Rs 4,722 cr

Ø  India unprepared to tackle online data security: report

Ø  BPCL, Oman Oil looking to sell 24% stake in Bina refinery

Ø  Yes Bank Q2 profit rises 26.5% to Rs610 crore

Ø  Pfizer in talks to merge with Botox-maker Allergan: report

Ø  GE said to plan close on $9.3 billion Alstom purchase

Ø  Volkswagen may recall 100,000 diesel cars in India

Ø  Sensex falls for fourth day, ends 201 pts down, Nifty ends at 8,111

Ø  India Ratings lowers India FY16 growth forecast to 7.5%

Ø  US Fed decision provides more space to emerging markets: Shaktikanta Das

Ø  US lawmakers oppose Indian norms on pulses’ stock limit

Ø  Small and midcap funds fare well in Q2: CRISIL

Ø  Interest on rupee denominated bonds to attract 5% tax

Ø  IRDA clears air on repudiating life covers

Ø  IPO of IndiGo’s parent co over-subscribed 3.63 times

Ø  Make single premium policy tax-free, insurers