News Round-up 28-Oct:
*Expect 75 bps slash once RBI begins rate cut cycle: BofA ML
*JM Financial sees Nifty at 8700-8800 by year-end; picks 3 sector bets
*See Fed rate hike pushed to Q2 or Q3CY15: F&C’s Chowdhry
*Mkt in consolidation phase; like midcaps: Birla AMC
*Bank Nifty to sustain recent gains; buy on dips: CK Narayan
*BJP ‘running away’ from fresh polls in Delhi: AAP, Congress
*SC tells govt to give all names of black money holders by tomorrow
*J&K polls: Most political parties to go to polls alone
*Govt to launch revamped Kisan Vikas Patra soon: Official
*Andhra paints a grim picture in implementation of projects: Assocham
*Cyclone Nilofar nears Gujarat, NDRF deploys teams
*Cyclone Nilofar: DoT announces measures for telecom services
*Government cancels appointment of 8 state-run bank CMDs, 14 EDs
*StanChart shares tumble to five-year low as profit slumps
*State Bank of Mysore spikes 19% on strong Q2 profit
*ICICI Bank up 2%, BoAML says stock may double in 3-4 yrs
*Ranbaxy turns corner, Q2 net at Rs 478 cr; OPM up 1770 bps
*Lupin Q2 profit up 55%, misses topline & EBITDA estimates
*ABB India reports 25% rise in Q3 profit at Rs 45 crore
*Bharti Infratel’s Q2 profit rises 68% to Rs465 crore
*Dell family foundation invests in Bangalore-based Kinara Capital
*Ola raises $210 mn in Series D funding led by SoftBank
*Engineering exports up 20% at $ 6.5 bn in September
*Centre notifies GCV-based gas price of $5.05 for five months
*Adani taps Morgan Stanley to help sell Australia port stake
*Rail, defence orders picking up; see 40% revenue growth: Texmaco
*Maruti Launches New Swift With Enhanced Fuel Efficiency
*Tata Steel turns to Swiss tycoon to trim Corus debt
*JSPL to Invest $2 Billion for Capacity Expansion in Oman Plant
*Sensex ends up 128 pts ahead of Fed meet; Ranbaxy 6%, SBI gain
*Hopeful of more defence reforms in future: Deba Mohanty
*Snapdeal is India’s Alibaba; like digital startups: SoftBank
