Morning News Round Up 3 Nov 14

Ø  India may soon see sovereign rating upgrade: Moody’s

Ø  Failure to ink tax pact with US may hurt India

Ø  Government plans to merge PIO and OCI schemes

Ø  India, US trade meeting likely in November

Ø  Top 4 telcos seek deferral of auction of airwaves

Ø  SEBI moves SC against Sahara for non-payment

Ø  Korean firms keen to invest in India, says Ambassador
 
Ø  Bharti Airtel net up 170%, highest since March 2011

Ø  Austerity drive, spending cuts risk fickle growth, says Nomura

Ø  No immediate relief for DLF on MF redemptions

Ø  Metals down with US Federal Reserve ending QE

Ø  RBI lifts curbs on share purchase of ING Vysya Bank by FIIs

Ø  Cipla asks govt to revoke Novartis’ patent; launches its drug

Ø  Govt cuts non-Plan expenditure by 10%, bans creation of new posts

Ø  ICICI Bank standalone net profit jumps 15% to Rs. 2,709 cr

Ø  Thermax bags Rs. 321 crore project 

Ø  NSE cuts Nifty Futures lot size to 25

Ø  Tata group invests in Swiss solar company Flisom

Ø   SBI stock split: Nov 21 is record date 
 
Ø  Maruti Suzuki’s Q2 profit rises 29% R862.5 crore

Ø  US economy grew 3.5% in third quarter, more than forecast

Ø  Essar Algoma distressed debt swap meets skeptics

Ø  Yes Bank Q2 profit jumps 30% to Rs483 crore

Ø  Piramal Glass, others shut units after GAIL cut gas supplies

Ø  Patent office eases rule for pharma companies

Ø  IOB reports net loss of Rs245 crore in Q2

Ø  Indian real estate markets in caution mode: IIM Bangalore, MB HSI report

Ø  Markets in high spirits even as Fed turns off tap

Ø  French team to visit India to put MMRCA deal on fast track

Ø  Sebi seeks Supreme Court direction to Sahara to reveal offers

Ø  Arun Jaitley tells taxmen to chase black money within country
 
Ø  Sensex, Nifty hit new highs on reforms, Fed rate stance

Ø  India’s delivery firms offer prize investment

Ø  Ceat Q2 net profit up 7.57 per cent at Rs 82.35 crore

Ø  Switzerland remains largest offshore financial centre

Ø  Moody’s: Recent policy changes,RBI steps to help rating profile

Ø  Jubilant Foodworks Q2 net down 12.75 pc at Rs 29 crore