Monday, October 28, 2013

BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013

BUSINESS & ECONOMY NEWS FOR OCTOBER 28, 2013

-Need for expert committee to review corporate governance norms: SCOPE
-Fed to hold its fire, wants clearer economic view
-Walmart resumes US lobbying on FDI in India
-India's participation in CHOGM will attract investments: Union Minister
-LIC buys scrips worth Rs 14,500 cr in 15 Sensex cos
-Coalgate: Rs 145k cr stuck on projs linked to blocks
-RBI may hike interest rate, MSF rate cut likely
-RBI policy, Fed moves & results to set market trend
-Vodafone India to invest Rs 4,000-6,000 cr annually
-NHPC to buy back govt shares, exchequer may get Rs 2K cr
-Coca-Cola committed to $5 bn investment in India
-LIC Nomura MF keen on acquisitions to fuel growth
-RBI queries applicants, regulators on new bank licences
-SBI invests in Equifax India, to get board seat in joint venture
-Crowdfunding, investment schemes promoted via social media under SEBI lens
-FIIs invest Rs 12K cr in stock market in Oct
-Spot pepper seen heading towards Rs 500/kg on tight supply
-Commexes turnover dive 60% in first half of Oct
-Petronet hires 4th LNG tanker from SCI-Japanese consortia
-Reliance Infrastructure plans to sell road projects to pare debt
-GAIL’s subsidy capped, Q2 profit down 7%
-Neyveli Lignite Sep quarter net falls 28% toRs.240 cr
-SpiceJet plans gradual global expansion
-Bharat Forge: overseas markets steal the show
-Market capitalisation: 8 bluechips lose Rs 45,061 cr in mkt valuation, ITC hit most
-Gold, silver prices jump on Diwali buying, global cues
-Jaypee pushes for new contract, wants to take F1 lap beyond 2016
-India needs Rs 1.63 lakh cr investment in healthcare by 2017: Report
-Double penalty on RIL to impact investment climate: Plan Panel
-UK regulatory curbs to cost Wockhardt £9 million in sales

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