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Morning News Round-up:

Morning News Round-up:

Ø  Report liquidity drain in advance: Rajan to MNC banks 

Ø  Global benchmark index drop confirms bear market

Ø  RBI allows 3% more of SLR for LCR

Ø  ‘Cleaning bank books a priority over credit growth’

Ø  ‘Christine Lagarde is only candidate to head IMF’

Ø  Vodafone sees market shake-up with Reliance Jio entry

Ø  Daimler pours 2.6 bn euros on next gen diesel engine

Ø  Moody’s downgrades Tata Steel credit rating

Ø  RIL U-turn on gas row; accepts Shah panel’s role

Ø  Wipro makes first bold buy under Neemuchwala

Ø  ONGC Q3 net down 64% on crude slump, impairment loss

Ø  Odisha to commission 10-Mw solar power plant

Ø  Unions to press for 9% interest on PF deposits for FY16

Ø  Gold hits highest in two years on dovish Fed outlook

Ø  BSE urges govt for separate commodity segment on stock exchanges

Ø  Ratify WTO trade facilitation pact soon, US envoy to India

Ø  TRAI recommends licence amendment to facilitate Net calls

Ø  Lanco Infra on turnaround path, posts ₹136 cr profit in Q3 

Ø  Coal India net profit up 14%

Ø  Tata Motors Q3 net profit down 2% on weak sales

Ø  TRAI recommends licence amendment to facilitate Net calls

Ø  Govt to lower interest rate on small saving schemes

Ø  Bhel posts Rs1,102 crore loss in Q3 on higher expenses, lower revenue

Ø  ST Telemedia set to buy Tata Communications Data Centre

Ø  Ashok Leyland Q3 profit surges six-fold to Rs198.63crore

Ø  Union Bank of India Q3 profit down 74% to Rs78.5 crore

Ø  Cisco beats profit estimates, adds $15 billion to buyback

Ø  Bloodbath at D-Street: Sensex tanks 807 points, Nifty settles at 6,976; 

Ø  Centre yet to decide on allowing FDI in ecommerce: DIPP

Ø  Maruti Suzuki Ignis to be sold through Nexa dealerships

Ø  Janet Yellen says global risks could pose threat to US growth

Ø  Deep surgery needed to clean up balance sheets: Raghuram Rajan

Ø  Re ends at fresh 29-mth low of 68.30, down 45 paise

Ø  Employees may soon get option to choose between PF, NPS

Ø  Govt to link savings deposit terms to market rates

Ø  Racold to launch solar water heaters

Ø  WGC feels gold demand will be better this year

Ø  Irdai breaks nexus of insurers-motor dealers

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