Morning News Round Up – 5 Sep 14

Ø  India set to become big destination for investors: Rosling

Ø  Coal India to rush additional coal to power plants

Ø  CCI says Sun-Ranbaxy deal may hit competition

Ø  Mallya defaulter crisis not to impact MCFL-Adventz pact

Ø  India to build 440 light utility choppers for armed forces

Ø  Interested in securing small bank licence: Shriram Group
Ø  US looks forward to Modi’s visit, growing eco ties with India

Ø  Japan-India business forum decides to work on specific sectors

Ø  NPA for the banking sector to inch up in FY15: Icra

Ø  RBI sucks out liquidity worth Rs 48,387 cr

Ø  Locals thwart Adani’s plan to mine Machhakata coal block

Ø   Providence sells 2.4% stake in Idea for Rs1,414 crore

Ø  RBI reverse repo mops up liquidity

Ø  Infosys bags five-year IT services deal from BP

Ø  Tata’s Mundra UMPP gets green certification

Ø  Agro-chem industry association to sue Greenpeace India for defamation    
Ø  Vijay Mallya to pursue legal action against wilful defaulter tag

Ø  GE says India renewables more attractive than coal or gas

Ø  Odds stack up against DLF; stock tanks 9%

Ø  United Spirits posts Rs5,380 crore Q4 loss

Ø  BP found grossly negligent in 2010 spill, fines may rise

Ø  De-risk manoeuvre: Maruti Suzuki to pay royalty to Suzuki in Indian rupees

Ø  Govt may consider auctioning 8 coal blocks

Ø  JP Associates falls 20% as Jaypee Infra sells 1.3 cr shares

Ø  Govt discloses file notings on Mudgal panel alleging lobbying by Walmart
Ø  India’s manufacturing output expand slower than China

Ø  IRB Infra to raise Rs 5,000 cr to fund two road projects

Ø  Milestone Capital to raise up to Rs 700 cr realty fund

Ø  Select panel on Insurance Bill holds first meet

Ø  Fund raising via preferential allotment drops 34%

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