Morning News Round-up: 22-Dec

Ø  Coal India workers threaten to go on 5-day strike

Ø  Sebi to simplify KYC norms for rural investors

Ø  India to deliver corvette class warship to Mauritius

Ø  Italy for consensual solution of marines’ issue: Govt

Ø  Punj Lloyd gets FIPB nod to manufacture defence gear

Ø  Telecom launch, petrochemicals to be drivers for RIL

Ø  CBDT to hold high-level tax collection meeting

Ø  Gold rebounds from 2-wk low as Swiss, China data signal demand

Ø  101 cancelled mines to be put up for auction under new rules

Ø  FM may need to tighten fiscal belt by Rs 1 lakh cr

Ø  Falling oil prices to bring bonanza for consumer products, tyres, telecom

Ø  IndiGo, Jet Airways gain while SpiceJet loses market share

Ø  eBay survey shows tier II, III cities fueling e-commerce growth in India

Ø  Automobile, logistics companies to reap rich GST dividend

Ø   Insurance FDI: Centre eyes ordinance route as Rajya Sabha logjam persists

Ø  Godrej Aerospace to make semi-cryogenic engines

Ø  PFC to extend Rs. 1,112 cr loan to AP

Ø  Sensex spurts 416 points as Fed pledges to take ‘patient’ approach

Ø  Corrective rally likely in crude oil, natural gas on MCX

Ø  IVRCL sells Chennai desalination plant for Rs150 crore

Ø  Consumer packaged goods sector looks at revival

Ø  SC refuses to stay TDSAT order on 3G intra-circle roaming agreements

Ø  Janet Yellen doesn’t see Fed raising rates before April

Ø  DLF says Sebi should have checked investor complaints before imposing ban

Ø  PM Modi moves in to speed up $300 bn stuck projects

Ø  Telecom launch and projects to be drivers for Reliance

Ø  Inflation may reverse course in Dec: Dun & Bradstreet

Ø  Swiss central bank introduces negative interest rate

Ø  Economy well prepared to weather US Federal tightening: Crisil

Ø  RBI allows up to 100% FII investment in Crompton Greaves

Ø  Govt notifies draft rules for e-auction of coal mines

Ø  Germany inks pact with India to provide 625m euro loan

Ø  Gas allocation policy rejigged, CNG selling firms get priority

Ø  JSPL raises Rs 1,000 cr through NCDs to Kotak Mah Bank

Ø  60% of civic bodies plan to up IT budgets by 1-10%