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Morning News Round-up 27-Nov:

Ø  EU investment plan draws queries over lack of cash

Ø  FinMin floats plan to cut govt’s stake in PSBs to 52%

Ø  Government targets $340 billion exports this year

Ø  US jobless claims rise above 300,000 last week

Ø  ‘Offer at least 20% discount on CIL price for auction’

Ø  Singapore authority seeks more detailed review of Fortis deal

Ø  Permit to import chicken legs from US may hit poultry industry

Ø  State Bank of India to launch Islamic equity fund
 
Ø  Rohatgi not in favour of appeal in Vodafone tax case

Ø  ONGC finalises price at $10.10-11.20 a unit for gas from marginal fields: Oil Minister

Ø  RBI to conduct open market operations of bonds worth Rs 12,000 cr

Ø  K’taka directs sugar mills to pay cane arrears before Nov 30

Ø  Bear cartel suspected behind P-Notes bogey; trades under lens

Ø  RIL pipped ONGC on transparency within two years

Ø  Nippon Life to hike stake in Reliance Capital to 49% 

Ø  Moody’s retains stable rating for India

Ø  F T sells entire stake in MCX-SX for ₹88 crore

Ø  MRF Q4 net up 72% at Rs. 317 cr, to pay final dividend of Rs. 44 

Ø  U.S. court refuses Ranbaxy appeal to block ANDA nod for 2 drugs 
 
Ø  Thomas Cook falls as much as 24% on Harriet Green’s departure

Ø  Hero MotoCorp paves way for royalty from subsidiaries

Ø  Saudi Arabia says oil to stabilize; UAE sees Opec rebalance

Ø  Microsoft to pay China $140 million for ‘tax evasion’

Ø  News Corp buys 25% stake in real estate portal PropTiger.com

Ø  BHEL to set up two power plants in Russia for Rs 3k cr

Ø  Delhi real estate gets far-reaching reform as floor area ratio raised

Ø  Sensex,Nifty rebound in volatile trade; realty in limelight

Ø  US investors pick India over other emerging markets

Ø  Alibaba to invest more in India, help start-ups: Jack Ma
 
Ø  India 2nd most loved market in Asia with $1.4b FII flow: HSBC

Ø  India well owned by EM investors, global funds next: CLSA

Ø  Markets pricing in rate cut, despite wary RBI

Ø  Small-weight index stocks lose momentum

Ø  Oil prices extend losses ahead of OPEC meeting

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