Morning News Round-up:
· Raghuram Rajan doesn’t hold a yearend party, holds repo rate at 6.75%, but insists he cares about growth
· Car sales rise with high demand for Hyundai Creta & Mahindra TUV, two-wheelers under pressure
· China pips India in race for reserve currency status
· Need for more economic reforms in China, says IMF
· Gold scheme brings Rs 246 cr, RBI issues certificates
· Moody’s says investment cycle picking up
· Volkswagen’s US sales plunge 25% in November
· Europe manufacturing up, Americas, Asia dip
· Alkem Laboratories fixes IPO price band at Rs 1,020-1,050
· BRICS bank to issue bonds
· D-St gung-ho on GST, most expect bill to go through in winter session
· Retail inflation may rise to 5.5% in Q4: Survey
· Emission scandal: German auto major Volkswagen to recall 3.23 lakh vehicles in India
· Speed up airwave pricing process: Sunil Mittal
· Cox & Kings sells 100% of issued, outstanding shares of Explore Worldwide Limited
· Coal India misses November production target by 4.42%
· IVRCL pins hopes on 18 months SDR moratorium to bounce back
· Bankers hint at lowering rates after Raghuram Rajan’s push
· Chennai airport temporary shut down due to rains, water reaches runway
· India Inc hails International Solar Alliance
· Anti-trust case: JSW Steel studying legal options over fine
· Standard & Poor’s keeps Bharti Airtel’s rating unchanged post capex plan
· AXA increases stake in Indian insurance joint ventures to 49%
· ATF prices cut by 1.2%, non-subsidized LPG rate raised by Rs61.50
· Institutional Shareholder Services changes stand, backs Maruti Gujarat plant project
· Weak rabi prospects cloud Bayer CropScience outlook
· Bajirao Mastani’ and ‘Dilwale’ in 2015’s biggest Bollywood marketing war
· India’s pharma sector pips global growth: report
· Govt halts subsidy on CFL to encourage LED-based solar lights
· Concerns rise about sustainability of record low solar tariffs
· Motilal Oswal PE eyes ₹300 cr on exit from Mrs Bector’s Foods
· Manufacturing output at 25-month low in Nov on poor new orders
· FinMin sees GDP growth in “vicinity of 7.5%” this fiscal
· Committee bats for revival of convertible security issuances
· Alkem Labs’ ₹1,344-cr IPO to open on December 8
· FMCG firms drop prices, create smaller packs to lure rural India
· TV18, CNN renew partnership
· Sanofi supplies injectable polio vaccine to government
· Cox and Kings sells UK unit to Hotelplan
· KG Block: RIL may have pumped 15% of ONGC’s gas, says consultant
· RBI policy short on specific measures for exporters: EEPC India
· For every divestment by govt, there is investment by LIC
· New ECB rules are a giant leap forward, says MS Sahoo
· Sinha spells out four pillars of Budget ’16
· Benefits of IFRS would start to flow in 2018: Ian Mackintosh
· In 12 months, real estate sector will be in a better position: Pirojsha Godrej
· Govt wants India gold exchange
· HDFC invokes Mallya’s shares worth Rs 40 cr in USL
· Yes Bank signs pacts worth $265 mn with US cos for SME lending
· Bihar can replicate the Kerala model and not ban beer: Shekhar Ramamurthy
