Morning News Round Up 25 Sep 14

Ø  CIL likely to take charge of 40 coal mines

Ø  Government defers revision of gas prices to November 15

Ø  Coal: Banks with Rs 1L-cr exposure sitting on mine of worries 

Ø  US government sues bitcoin business

Ø  Delhi HC notice to Centre on RIL’s plea seeking dismissal of ONGC petition on gas exploitation

Ø  JP Power’s deal with Reliance Power collapses
Ø  SC cancels 214 of 218 coal block allocations

Ø  SC verdict on coal blocks: Relief for NTPC, SAIL, RPower

Ø  Unitech, UCP get BoA approval for stake sale in 5 SEZs

Ø  Textiles Ministry to launch venture capital fund with SIDBI

Ø  Govt streamlines execution of Rs 1.50 lakh cr highway projects

Ø  SBI board nod for 1:10 share split to broaden participation

Ø   Iran puts ONGC discovered gas field on auction list 

Ø  Titan to spin off precision engg division as wholly-owned arm 

Ø  Dr. Reddy’s launches Levalbuterol Inhalation Solution in USA
Ø  JK Tyre may gather speed on stock split 

Ø  Merchant bankers vie for managing PFC, REC stake sale

Ø  NCDEX launches forward contract in agri commodities      
Ø  Zuari Group to launch open offer for Mangalore Chemicals on 1 October

Ø  Coal India promises higher bonuses to woo staff before sale

Ø  RBI panel calls for more specialization, training in banking

Ø  Accenture quarterly revenue rises 9.7%

Ø  India VIX posts biggest 2-day gain since August ahead of derivatives expiry

Ø  Banks stare at uncertainty over Rs 60,000-cr exposure

Ø  Indo-US civil nuclear deal hits Japanese roadblock

Ø  Centre’s plan to divest 5% in SAIL put on hold on weak share price

Ø  US likely to revive defence trade during PM’s visit

Ø  L&T launches $200-m FCCB
Ø  SC cancelling coal block allocation will enable fresh start

Ø  Blackrock increases stake in Nokia Corp by over 5%

Ø  Private telcos can play big role in Digital India retail rollout

Ø  Price caps on non-essential drugs revoked

Ø  Hope govt will devise relief plan: Birla on coal blocks order

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