Economic Times Business Standard Ø RIL to give $135 million bank guarantee for gas price Ø Dow hits 16,000 for first time, S&P hits 1,800 on Wall Street Ø Jet promoter co sells 7.89 pc stake for Rs 211 crore Ø Worst in economy behind us: Adi Godrej Ø CCI to ink pact with EU Competition regulator this week Ø Government has to shift part of oil subsidy bill to next year: Fitch Ø Naresh Goyal trims stake ahead of Etihad stake sale Ø Japanese team tightening Ranbaxy unit operations Ø ICICI Bank hits overseas bond market with benchmark issue Ø Sebi tightens corporate disclosure norms Ø China reforms, Fed pep up markets Ø Leather industry bounces back, expects 15% growth in 2013-14 Business Line Mint Ø BRICS officials to meet to discuss competition issues Ø Despite slowdown, India’s CO2 emissions rose in 2012 Ø Govt mulls offset policy for purchases from foreign firms Ø Australia to support India’s membership of Nuclear Supplier Group Ø Cigna TTK Health gets IRDA approval; to begin operations soon Ø Power Grid’s follow-on share sale should help boost earnings Ø Banks wrote off Rs1 trillion over last 13 years: K.C. Chakrabarty Ø Moody’s maintains negative outlook on Indian banks Ø Give reserve price of CDMA spectrum in 15 days, DoT tells Trai Ø RBI to offer Rs.5,000 crore to SIDBI Financial Express Financial Chronicle Ø NTPC scraps Rs 700-crore turbine order with Ansaldo Ø Ipca Labs inks pact to acquire 50 pct stake in Avik Pharma Ø JK Tyre to invest Rs 1,430 crore to ramp up Chennai facility Ø UBS downgrades India to neutral, upgrades China on reforms Ø Ø CIL hikes transportation charge; power cost may go up slightly Ø More needs to be done to boost growth: FinMin Ø Mayaram meets FIIs to sell India growth story, reforms Economists can predict financial crises Ø Hindustan Motors registers profit of Rs 29 lakh in Q2 Ø Lamborghini launches branded merchandise in India Rupee is likely to open marginally strong around 62.20 levels tracking weakness in the Dollar globally. Break of 61.80 levels shall open gateway for further appreciation in the local currency. However, gains in Rupee may be capped on possible profit booking in local equities coupled with persistent Dollar demand from Importers at lower levels. Range: 61.90-62.60.
Posted on: Tue, 19 Nov 2013 03:24:11 +0000
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