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Morning News Round-up:

Morning News Round-up:

Ø  Moody’s downgrades VW due to emissions scandal

Ø  ‘Govt will unveil big power reforms in couple of days’

Ø  RBI issues operational guidelines for gold bonds

Ø  36.5% rise in indirect tax receipts a huge positive: FM

Ø  Govt dismisses Moody’s report, calls it opinion of junior analyst

Ø  India, US discuss measures to deepen capital mkts

Ø  Alstom in major share buyback after GE deal

Ø  Volkswagen fails emission tests in India, gets notice

Ø  Banks step up pressure on Essar Group

Ø  Bankruptcy panel submits report and draft law

Ø  IDBI Bank to raise Rs 2,800 cr through a QIP offering

Ø  Cairn-Vedanta merger now by June 2016, says Group firm

Ø  Maggi noodles clears final tests, relaunch likely late November

Ø  Vedanta Resources net loss widens in H1 FY16; halts dividend

Ø   Rajan defends his speech calling for tolerance, mutual respect

Ø   U.S. private sector adds 182,000 jobs in October

Ø  Reliance Infrastructure to exit cement, roads businesses

Ø  Tata Comm building world’s largest IoT network in India

Ø  NSE extends waiver of processing fee for MF distributors

Ø  Solar tariffs in India hit all-time low of Rs. 4.63 

Ø  Standard Chartered said seeking to sell Essar Global loans

Ø  Rajan to raise pressure on foreign banks to create Indian units

Ø  Godrej Properties Q2 profit jumps 127%

Ø  United Spirits to sell French winery by November

Ø  ONGC to buy into Adani-Welspun’s oil block off Mumbai coast

Ø  India to remain fastest growing IT market in 2016, says Gartner

Ø  Services sector growth hits 8-month high in October

Ø  Cars, SUVs prices to rise by Rs 6,000 to over Rs 6 lakh in Delhi

Ø  DLF Q2 net profit rises 21% to Rs 131.50 crore

Ø  Call drops’ Re 1 penalty: Trai, telcos headed for fierce court battle

Ø  Cognizant Q3 net grows 12% at $397 mn, raises revenue guidance

Ø  Sebi unlikely to challenge SAT order on SRO issue

Ø  IOC set to open more border routes to Nepal for supplies

Ø  Ashok Leyland Q2 profit after tax up 137%

Ø  France reaffirms 2b euros for 3 cities under smart city plan

Ø  Bata reports Q2 PAT of Rs 54 cr, turnover at Rs 575 cr

Ø  India has only 1% total retail sales in digital commerce

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