Morning News Round Up
Ø RBI to invite applications for bank licences: G S Sandhu
Ø DIPP defers compulsory licence for cancer drug
Ø India makes pitch for Chinese investments in SEZs
Ø Govt oil subsidy bill to be cut by 60% in FY15
Ø US budget deficit shrinks to lowest level since 2008
Ø Finance Ministry restructures indirect taxes formations
Ø Adani, Jindal Power, Sterlite, GMR of UMPPs race
Ø Tata in talks to sell UK steel plants to Swiss group Klesch
Ø Trai suggests 10% increase in 1800MHz reserve price
Ø Opec split over tumbling crude prices but US companies safe
Ø TUF proposed to be restructured under new textile policy
Ø Bharat Forge to partner with France-based Safran for aerospace market
Ø Alstom T&D wins Rs 138-cr contract from Power Grid Corp
Ø Guidelines for small finance banks soon: RBI Governor
Ø Unions oppose sale of Tata Steel’s European unit
Ø Citi pulls out of consumer banking in 11 countries, profit jumps
Ø Pension regulator to pitch for tax break on NPS withdrawals
Ø BSE brokers’ forum gets land for commercial tower at GIFT City
Ø Canada offers wood-based technology for ‘housing for all’ scheme
Ø WPI inflation nears five-year low; trade deficit widens
Ø Future Retail gets Sebi nod for Rs1,600 crore rights issue
Ø Mindtree Q2 net profit rises 7%
Ø Brent crude oil extends biggest plunge since 2011 on glut; WTI nears $80
Ø Qualcomm agrees to buy UK chip maker CSR for $2.5 billion
Ø PFRDA moves to grey areas in regulation of old age income security schemes
Ø ‘No auction without adequate spectrum’
Ø IndiGo’s $26-bn, 250-plane order is biggest ever for Airbus
Ø New policies set to relieve labour pain
Ø ED probe finds no FDI violation by Flipkart
Ø DLF shares plunge: Promoters take biggest hit of Rs 5,500 cr
Ø Chinese waste USD 32.6 billion worth of food every year
Ø Govt seeks info on cancelled coal blocks
Ø Govt plans tighter norms to check ponzi schemes below Rs 100cr
Ø Sebi-DLF case: Assocham questions role of intermediaries
Ø Gold imports jump about 5-times in Sep on global price slide
Ø Siemens gets nod to set up 6 more centres of excellence in Gujarat
