Morning News Round Up 07 Nov 14

Ø  Govt may direct RIL-KG users to pay old rate

Ø  European Central Bank keeps rates on hold

Ø  S’pore keen to partner India in building 100 smart-cities

Ø  ‘G20 committed to dealing with cross border tax evasion’

Ø  Ranbaxy loses 6 mths exclusivity on Roche’s Valcyte

Ø  New global rating firm ARC to start operations with India grading
 
Ø  ONGC disinvestment roadshows from Nov 17

Ø  Coal production to double to 1 bn tonne by 2019: Goyal

Ø  Need to up savings rate for 7% GDP growth: HSBC

Ø  FMC plans tighter warehousing norms for comexes

Ø  Suzuki Motor’s profit falls for first time in 8 quarters as tax hike hurts

Ø  Ranbaxy loses 6 months exclusivity for generic antiviral drug

Ø  FTIL sells entire stake in Indian Energy Exchange for Rs577 cr 

Ø  Power sector has $250-bn investment potential over next 5 years: Piyush Goyal 

Ø  KYC rules hurting banks, customers in emerging markets: HSBC India 

Ø  Birla Corp to claim compensation for defunct coal blocks 

Ø  Generali announces buyback of 3 hybrid bonds

Ø  Aditya Mittal to face first ‘litmus test’ in ArcelorMittal 
 
Ø  World food prices drop a 7th month in longest slide since 2009

Ø  GVK Bio acquires Vanta Bioscience

Ø  PVC pipe maker Finolex Industries to enter water business

Ø  Axis Bank signs MoU with South Korea’s NongHyup Bank

Ø  Infosys to hire over 2,100 people in US to boost business

Ø  Bain Capital selling $200 mn of shares in Hero MotoCorp

Ø  WEF India Summit: Biz leaders repose faith in India story

Ø  ONGC, Reliance Industries disclose tax payments abroad: Report

Ø  Market valuation of BSE listed cos nears Rs 100 lakh crore mark

Ø  Paytm aims to clock USD 1 billion GMV by March next year

Ø  P &G, GE world’s best firms in terms of leadership: Haygroup
 
Ø  FDI in construction: Govt to issue clarifications soon

Ø  Ashok Leyland Q2 Net at Rs 120.68 crore

Ø  WTO chief hopes India, US dialogue will help in ending impasse

Ø  Less than half of HSBC list accounts have no money: SIT

Ø  Cadila Healthcare Q2 net up 52% at Rs 278 crore

Ø  New civil aviation policy, FDI in 10 rly sectors soon