Morning Business News Round up_September 24, 2015

Morning Business News :

  • CIL May Revise Rs 60K-Cr Capex: Coal India Chief
  • China, Europe & US Data Show Bleak Growth Outlook
  • Record Response To NTPC’s Tax-Free Bonds At Rs 4,400 Crore Subscription
  • Need To Infuse More Capital Into Arcs : Ind-Ra
  • Fitch Threatens To Downgrade Volkswagen Over Pollution Scandal
  • No Progress For Business In China Without Reform, Says Xi
  • RBI Eases Overseas Borrowing Rules For Domestic Companies
  • L&T To Sell Assets, Dilute Stake In Non-Core Businesses
  • Small Banks In Rs 4,000-Cr Fix To Raise Domestic Funds
  • Rural Electrification Corp To Extend Rs 9K Cr Loan To Andhra
  • Iran Has Offered Natural Gas To India At $2.95 Per Unit For Urea Plant, Says Gadkari
  • Flipkart Confirms Valuation At $15.2 Billion

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  • Rating Slashed To Default For GMR’s Road Project
  • IEX Stake: Financial Tech To Shed More To Five Buyers
  • Sterlite Technologies Acquires Elitecore Technologies
  • No Need For Regulating Algo Now: Jhunjhunwala
  • CCI To Conduct Survey On Healthcare Sector
  • Pfizer To Sell Vintage Thane Plant To Vidhi Research For Rs. 178 Crore
  • Nestle Signs Deal With Biotech Firm To Develop Alzheimer’s Test
  • India’s Spending On IT May Rise Over 5% To $6.88 Bn This Year: Gartner
  • Govt Panel Finds No Evidence Of Data Manipulation At GVK Biosciences
  • Lenders Take Over Visa Steel Under SDR Rules
  • Etihad To Buy Bonds To Help Jet Airways Recast Debt
  • L&T Opts Out Of GAIL Tender To Build LNG Carriers Locally
  • Apollo International, Lycos Form E-Commerce JV
  • Sensex Closes 171 Points Up On Value Buying, Nifty Settles At 7,846
  • China’s Pain Can’t Be India’s Gain: Chinese Media
  • Monsoon Deficiency Has Dropped By 3 Per Cent:
  • Pharma Companies Growth May Remain Moderate In Q2
  • Ajanta Pharma To Replace Aditya Birla Nuvo On Nifty Midcap 50
  • TRAI To Firm Up Position On Net Neutrality Soon major Stock/Sector News In Focus
  • Credit Agricole Now Sees RBI 25 Bps Rate Cut In Sept.
  • Monsoon Rainfall 12% Below Normal Since June 1
  • German Chancellor Angela Merkel To Visit India Next Week
  • Aban Offshore Plans To Shed Debt By 10 Percent Every Year
  • C&C Constructions Wins $141.3m Oman Road Contract
  • Elder Pharma To Consider Sale Of Overseas Subsidiaries Sept. 28
  • Gammon Infra To Seek Shareholders Approval For Divestment In Units
  • Hinduja Ventures Enters Business Of Set-Top Box Distribution
  • Kanpur Plastipack To Set Up Greenfield Project For 619.1m Rupees
  • Manappuram Finance Settles Trading Irregularity Investigation W/ Sebi
  • NDTV Court Stays Tax Dept Order W/ Conditions

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  • Orient Green Power Raises Rs 250 Crore Through Preferential Issue To Promoters
  • Pantaloons Fashions Court Allows Using ‘Urban Eagle’ Brand
  • Power Grid Approves 1.33b-Rupee North Eastern Investment Plan
  • Rcom Set To Exit From Tower Business
  • Shriram Transport Had 7.5b Rupees Of Bonds Change Hands
  • Vedanta Cut 4,000 Jobs Since Jan.
  • L&T Plans Township In Bengaluru To Monetise Land Parcel