Morning News Round Up – 3 Sep 14

Ø  Rajan successful in providing macro stability: Rao, DBS

Ø  BSNL and MTNL to be merged by July next year

Ø  Fin Min asks RBI to tighten lending norms

Ø  Tata bags order for 2,700 buses under JNNURM scheme

Ø  Unitech to sell non-core lands to improve cash-flows

Ø  Oil Minister hints at deregulation of diesel rates

Ø  ‘Projects worth $60 bn can be put back on track by govt’
 
Ø  Capital adequacy ratios of banks hit 6-year low

Ø  India-Japan Cepa review stuck over drug exports

Ø  Capital raising via Basel-III bonds to become cheaper

Ø  Govt considering increasing credit limit for small, micro enterprises

Ø  REC to provide Rs 20,000 cr for Telangana power projects

Ø  SC refuses to entertain Kingfisher’s plea against ‘wilful defaulter’ tag

Ø  Tata-Adani tariff dispute with discoms may go to court

Ø  NMDC in process of acquiring 3K-acre for Bellary steel plant

Ø  After Japan, Modi to invite investments from US 

Ø  Unitech to sell non-core land, monetise commercial assets 

Ø  Govt sets up high-level panel to review key environment laws

Ø  Japanese firm offers to convert Bangalore’s waste into energy   
 
Ø  Andhra Bank readies to take hit as farmers stop repaying loans

Ø  India manufacturing PMI slows to 52.4 in August

Ø  NSEL case: Bombay HC sets up panel headed by retired judge

Ø  Brent crude falls below $102 on demand fears, strong dollar

Ø  Decoding the fall in the current account deficit

Ø  BSE Sensex crosses 27,000-pt mark, NSE Nifty past 8,000 as CAD gets comfortable

Ø  N-fuel pact high on Australian PM Abbott’s agenda

Ø  Coal ministry seeks status report on 46 blocks from companies

Ø  Suzuki to complete Gujarat plant by 2017: Osamu Suzuki
 
Ø  India offers red carpet to investors, no red tape: Modi

Ø  PM opens new TCS training initiative in Japan

Ø  Iron ore royalty hike unlikely to hurt steelmakers

Ø  SBI eyes 15 pc growth in credit offtake

Ø  CBI Director dragged into another controversy in SC on 2G scam