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Morning News Round Up 29 Oct 14,

Morning News Round Up 29 Oct 14,

News Round-up 28-Oct:
*Expect 75 bps slash once RBI begins rate cut cycle: BofA ML

*JM Financial sees Nifty at 8700-8800 by year-end; picks 3 sector bets

*See Fed rate hike pushed to Q2 or Q3CY15: F&C’s Chowdhry

*Mkt in consolidation phase; like midcaps: Birla AMC

*Bank Nifty to sustain recent gains; buy on dips: CK Narayan

*BJP ‘running away’ from fresh polls in Delhi: AAP, Congress

*SC tells govt to give all names of black money holders by tomorrow

*J&K polls: Most political parties to go to polls alone

*Govt to launch revamped Kisan Vikas Patra soon: Official

*Andhra paints a grim picture in implementation of projects: Assocham

*Cyclone Nilofar nears Gujarat, NDRF deploys teams

*Cyclone Nilofar: DoT announces measures for telecom services

*Government cancels appointment of 8 state-run bank CMDs, 14 EDs

*StanChart shares tumble to five-year low as profit slumps

*State Bank of Mysore spikes 19% on strong Q2 profit

*ICICI Bank up 2%, BoAML says stock may double in 3-4 yrs

*Ranbaxy turns corner, Q2 net at Rs 478 cr; OPM up 1770 bps

*Lupin Q2 profit up 55%, misses topline & EBITDA estimates

*ABB India reports 25% rise in Q3 profit at Rs 45 crore

*Bharti Infratel’s Q2 profit rises 68% to Rs465 crore

*Dell family foundation invests in Bangalore-based Kinara Capital

*Ola raises $210 mn in Series D funding led by SoftBank

*Engineering exports up 20% at $ 6.5 bn in September

*Centre notifies GCV-based gas price of $5.05 for five months

*Adani taps Morgan Stanley to help sell Australia port stake

*Rail, defence orders picking up; see 40% revenue growth: Texmaco

*Maruti Launches New Swift With Enhanced Fuel Efficiency

*Tata Steel turns to Swiss tycoon to trim Corus debt

*JSPL to Invest $2 Billion for Capacity Expansion in Oman Plant

*Sensex ends up 128 pts ahead of Fed meet; Ranbaxy 6%, SBI gain

*Hopeful of more defence reforms in future: Deba Mohanty

*Snapdeal is India’s Alibaba; like digital startups: SoftBank

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