Morning News Round Up 30 Sep 14

Ø   American cos keen on India opportunities

Ø  Govt not to sell NTC: Santosh Gangwar, Textiles Min

Ø  Conditional renewal to MCX-SX Clearing Corporation

Ø  Lenovo to close $2.1 bn IBM’s x86 server biz deal

Ø  Toyota to recall 690,000 Tacoma vehicles in US

Ø  Rs 215-crore loan to Loop at stake, Axis Bank tells DoT
Ø  Strides Arcolab to buy Shasun Pharma in all-stock deal

Ø  Tata to build defence navigator for Honeywell 

Ø  Telangana govt proposes 1.26-lakh km water grid

Ø  Markets end lower ahead of RBI policy review

Ø  S&P re-rating should buffer rupee when US Fed raises rates

Ø  HDIL promoters revoke all pledged shares

Ø  RBI set to hold rates to continue inflation fight

Ø  CCFI claims Greenpeace bent on derailing Indian agriculture 

Ø  Modi woos American corporates; promises tax stability 

Ø  ‘Infrastructure boost to reduce supply-demand mismatch in cement industry’

Ø   Govt cancels SEZs of Adani, Essar, Hindalco, six others

Ø  Bill to repeal 287 Acts will be tabled in Winter Session

Ø  NTPC uncertain on fate of 5 coal blocks       
Ø  IDFC’s PE arm sells SEZ, IT park for Rs1,100 crore

Ø  Tata Motors hires former Maruti COO Mayank Pareek in turnaround bid

Ø  Singareni Collieries to open India’s biggest underground mine

Ø  Crisil upgrades Mahindra & Mahindra to AAA

Ø  Lenovo says $2.1 bn IBM x86 server deal to close on Wed

Ø  Bhushan Steel vice-chairman Neeraj Singal released on bail

Ø  FTIL exits MCX; completes 15% stake sale to Kotak Mahindra Bank

Ø  Possession, sale of foreign fireworks is illegal: DIPP

Ø  Vista Equity Partners to buy Vivek Ranadive-led Tibco Software Inc for $4.3 billion

Ø  RBI nudges banks in India to mine Facebook and Twitter to know customers better
Ø  Reliance MF to launch India-focussed funds abroad

Ø  Exchanges need to change mindset: BSE chief

Ø  Sebi reviews norms dealing with investor protection fund

Ø  Rush to join global hunt for biotech drug copies

Ø  Srei Infra to raise Rs 1,500 crore via NCDs

Ø  GMS Holdings to pick up 25% stake in Strides unit for $21.9m

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