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Morning News Round-up:

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

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