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Morning News Round – Up

Morning News Round – Up

Ø  Raghuram Rajan isn’t rattled by rate cut pressure

Ø  World Bank signs $1100 mn loan agreement with DFCC

Ø  Russian bank to provide $1 bn credit to Essar Group

Ø  Indian cos ink $2.1 bn pact for Russian diamonds

Ø  ‘Rs 8,900 crore in taxes pending against LIC, SBI, BSNL’

Ø  Private equity in realty sector to grow up to $3bn in 2 years

Ø  CAD has widened but comfortable: Raghuram Rajan

Ø  Centre’s GST Bill faces states’ roadblock

Ø  Russia to set up 12 nuclear units in India

Ø  Govt approves electronic development fund

Ø  IDFC and Russian RDIF sign pact for $1 bn infrastructure financing

Ø  Deloitte yet to give final report on Coal India restructuring

Ø  FMC marks up open interest limit for 18 commodities

Ø  NMDC to buy stake in Russian potash mine

Ø  CEAT plans Rs. 400-cr investment in Nagpur plant

Ø  Ethanol buy price hiked ₹2/litre; oil firms upset

Ø  Ponzi scheme: SEBI names 51 entities, issues alert

Ø  Centre sanctions Rs. 228 cr to subsidise canal top solar plants

Ø  RIL names former UK judge as its arbitrator in gas dispute

Ø  Kotak-ING Vysya deal under union cloud shows M&A risks

Ø  Wal-Mart report found inflated profit, unapproved sales in China

Ø  Opec says 2015 demand for its crude will be weakest in 12 years

Ø  Snapdeal buys gifting recommendation platform Wishpicker

Ø  Corporates likely to tap debt markets abroad more: Fitch Ratings

Ø  SpiceJet’s $4-bn order for 737 Max aircraft intact : Boeing

Ø  ED questions Maran brothers in Aircel-Maxis money laundering case

Ø  First time in black, Reliance Retail posts Rs 176-crore profit for FY14

Ø  PSBs may issue equity with differential voting rights: SBI

Ø  Coal swapping to save Rs 6,000 cr: Govt

Ø  India likely to improve economic growth to 6.3% in 2016: UN

Ø  Malaysian Airlines keen on code-share with Jet Airways

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