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Morning News Round-up:

Morning News Round-up:

·         Govt asks all airports to install solar energy units

·         Coke appoints Hendrik Steckhan to lead US operations

·         Chennai floods hit small drug factories, blow to US exports

·         Bharat Forge keeps revenue target for FY 2018

·         Airtel in no rush to deploy Voice over LTE technology: Abhay Savargaonkar, chief technology officer

·         GSM operators ask Trai not to club bands under 1 GHz

·         V-Guard on acquisition spree with Rs 500 crore kitty

·         Promoters look to sell home finance business of AU Financiers for up to Rs 1,000 crore

·         India’s media & entertainment business ranks 4 in the world in attracting investment: EY report

·         Havells to dilute majority stake in Sylvania to focus on domestic market

·         Despite RBI’s solution, banks can still disguise bad debts

·         Kaya to acquire majority stake in UAE-based Iris Medical

·         Yes Bank commits $5 bn for climate action in India

·         Rourkela Steel Plant sets up 1 MW solar unit

·         NMDC gets 3 new non-official independent directors

·         SBI says never agreed to fund Adani Group’s Australian coal project

·         Standard Chartered raises Rs 14 crore from rights issue entitlements of IDRs

·         Unichem Lab gets USFDA nod for hypertension drug

·         Chennai floods: Enfield suffers loss of 11,200 bikes

·         Tower business sale to improve RCom’s financial profile: Moody’s

·         Iran topples Kuwait to become India’s fifth largest oil supplier

·         Air India doubles revenue from Star Alliance

·         Oil steadies after hitting 2009 lows; more pressure seen

·         Increased spending on OROP, upcoming Seventh Pay Commission will leave little fiscal leeway for government

·         Job creation in manufacturing, export firms at four-quarter low

·         December airfares are the cheapest since 2010

·         Diminishing market returns from lower oil prices?

·         Sebi likely to bring crowdfunding under regulatory framework

·         IPOs of Dr Lal Pathlabs and Alkem Labs see good demand

·         RBI governor Raghuram Rajan optimistic about passage of GST

·         Fairfax acquires additional 22% stake in IIFL for Rs1,341 crore

·         Vodacom to buy majority of Tata Comm’s Neotel fixed line business

·         Yahoo may restructure media unit: report

·         Vodafone announces 4G services roll-out

·         Smart cities, energy and mobility our target areas: Siemens India CEO

·         Bulk of StanChart’s India business unaffected by bad loans, says William Winters

·         GM India appoints Kaher Kazem as its new chief after Arvind Saxena retires

·         Deals worth $3.5-b likely to be inked during Parrikar’s US visit

·         Tata Motors launches new variant of Safari Storme

·         Govt falls short of target for power purchase from renewable sources

·         PDS: govt losing crores in paddy processing

·         Toyota to hike vehicle prices by up to 3% from January

·         Alkem Lab upbeat on growth in domestic, global markets: CEO

·         American footwear brand Skechers plans local manufacturing

·         Maruti Suzuki unveils discounted service scheme

·         L&T bags orders worth Rs. 1,960 cr

·         New directors for BEL

·         Gati Infra to raise £100 m for green energy

·         Gati to make e-commerce foray

·         Bankers’ clear Electrosteel Steels SDR package

·         Hetero gets DCGI nod for hepatitis C drug

·         Ford resumes operations at Chennai assembly unit

·         PFC board to consider interim dividend next week

·         Wockhardt gets QIDP status for new antibiotic drug

·         Cognizant pledges $40 m for flood relief

·         Carmakers gear up to repair 12,000 flood-hit vehicles

·         No takers for Mumbai luxury apartments

·         India software market to touch $5.3 bn in 2016: Gartner

·         The case that may derail GST

·         Chennai reconstruction to push up cement demand

·         Ashok Leyland set to change track after expansion spree

·         ONGC supports Cairn plea for Rajasthan block’s term extension 

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