Morning News Round Up

Ø  Bharti Airtel may raise $1 bn from sale of Nigeria towers

Ø  Asian markets warm up for US Federal Reserve’s rate rises 

Ø  Branches of Indian banks may face closure in UK

Ø  BRICS bank not aimed at challenging IMF, WB: Rajan

Ø  Govt provides clarity on CAG audits in new Cos Act

Ø  Govt to ensure quick decision after SC order in coal blocks

Ø  Fert subsidy paid in April-July period dips 41% to Rs 21,300 cr
Ø  Finance Ministry to take up 35 FDI proposals

Ø  DoT seeks Trai recommendation on reserve price of 3G and 4G spectrum

Ø  BSNL, MTNL merger likely by July next year

Ø  Govt gets over Rs 35k cr from Cairn’s Raj oil block in 5 yrs

Ø  West Bengal govt to merge hydro units with NHPC

Ø  Govt plans a super regulator for communications sector

Ø  ‘Grand, big picture reforms’ in India may take some time: Rajan

Ø  India to fight US against duty on 8 more items

Ø  Jalan panel to suggest plan for levy of user charges on Govt services

Ø  Higher threshold limits to stay for MFs: SEBI

Ø  No plans to list overseas arm, JVs: ONGC chief    
Ø  Coal India planning measures to ease fuel supply

Ø  Govt to allocate Rs75K cr for rural electrification: P Goyal

Ø  Alibaba seeks to raise $21.1 b in record-breaking US IPO

Ø  Titagarh Wagon issues suspension of work notice over labour unrest

Ø  Italian PM Matteo Renzi and Sajjan Jindal hold steel investment talks

Ø  Jaypee selling land, promoter stakes to service loans, cut debt

Ø  India needs $4.7 trillion over next 5 years for 7% growth: CII study

Ø  FIIs pump in Rs 9,000 crore in first week of September

Ø  Sebi studies its own regulatory impact: U K Sinha

Ø  HPCL to soon meet Rajasthan officials on Barmer refinery issue

Ø  Sesa Sterlite gets prospecting licence for laterite deposits in Orissa
Ø  Govt, RBI to devise monetary framework for central bank: Rajan

Ø  DoD to appoint law firm for PFC, REC stake sales

Ø  Satyam scam: Raju, others move SAT against disgorgement order

Ø  Apollo to invest Rs 2,033 cr to open 12 hospitals in 3 years

Ø  Manufacturing units in SEZs may get tax sops

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