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Morning News Round-up:

Morning News Round-up:

Ø  Rupee tumbles by 44 paise to more than 2-year low at 67.29 

Ø  Gold bond tranche opens on January 18, other scheme nets in 500 kg

Ø  CBI unearths 553 acre land, 61 offices in CP owned by Pearl Group owner Bhangoo

Ø  Indian-origin family firm eyes Tata Steel Scottish plants

Ø  UN downgrades India GDP forecast for 2016 to 7.5% from 8.2%

Ø  New policy likely to boost ‘Make in India’ by allowing 100% credit for taxes paid on inputs

Ø  Union Budget 2016 on Feb 29: Jayant Sinha

Ø  Japan banks, cos ready to invest in India’s energy sector: Goyal

Ø  Govt to set up a new department for auto sector: Nitin Gadkari

Ø  Sebi contemplating action against commodity manipulators

Ø  Growth in coal-based power installed capacity down to 10.8%

Ø  Govt task force recommends stringent rules for online pharmacies

Ø  Mkts saddled with Rs 6,500-cr inflation bonds

Ø  WPI contraction eases in December at (-)0.73%

Ø  Reliance Defence buys Saab’s stake in Pipavav 

Ø  FIPB clears 5 FDI proposals worth Rs. 6,050 cr

Ø  Nepal proposes team to review pacts with India 

Ø  Continued selling drags 17 public sector banks to fresh 52-week low levels
 
Ø  RCom gets nod from bourses for takeover of Sistema JSFC’s India biz 

Ø  Infosys beats estimates with 6.6% rise in Q3 profit, shares jump over 4.3%

Ø  ICICI Bank’s mortgage portfolio crosses Rs1 trillion

Ø  Saint-Gobain to invest Rs1,000 crore in Chennai facility

Ø  SRL Diagnostics in talks with top PE funds for 34% stake sale

Ø  Sebi plans additional checks for rating firms

Ø  China growth concerns pose challenge for India: SEBI chief

Ø  India’s retail market can touch $1,200 bn by 2020

Ø  Sensex ends 81 pts down in a choppy trade, Infosys gains

Ø  Aadhaar ID saving govt about $1 bn per annum: World Bank

Ø  Federal Bank sells Essar Oil debt to Edelweiss

Ø  $45b trade deficit tells different Sino-Indian GDP tale

Ø  JSPL puts on hold selling of non-core assets, expansion plan

Ø  Modi moots industrial cluster for Korean firms

Ø  PFRDA notifies new PoP charges for NRI accounts

Ø  World Bank concerned over Facebook’s model of free internet

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