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Thursday, October 1, 2015

Business Line

Ø  Govt infuses Rs 13,955 cr capital into 8 PSU banks

Ø  Foreign owned assets in India rise to $891.5 bn

Ø  Dabhol power project to be split to revive plant

Ø  Investors pull $40 bn from emerging market assets in Q3: IIF

Ø  NBFC-MFIs chargeable interest rate fixed at 9.82% for December quarter

Ø  Government should allow FDI in e-commerce retail trading: Report

Ø  April-Aug fiscal deficit at 66.5% of Budget estimate

Ø  India gets 14% lower rainfall in June-Sept monsoon season

Ø  RCom to offer 4G with Jio partnership

Ø  GSK Pharma completes acquisition of Novartis vaccines business

Ø  Govt expects call drop issue to be resolved by Oct-end

Ø  Maharashtra raises VAT on cigarettes, liquor, petrol, diesel, gold

Ø   Infrastructure sector growth slows down to 2.6% in August

Ø  Foreign firms to breathe easy as Govt stands by MAT promise

Ø  S&P cuts Tata Motors rating on China jitters

Ø  Govt to join Cairn tax arbitration; to appoint arbitrator soon

Ø  Natural gas price slashed by 16% to $4.24/unit

Ø  Steel dumping: safeguard duty is no solution, says CII chief 

Ø  Softness in global economy to extend into 2016, says IMF chief

Ø  India jumps 16 places in WEF competitiveness ranking

Ø  Jaiprakash Associates to sell wind power plants in Maharashtra, Gujarat

Ø  HCL Tech revenue warning should curb irrational expectations

Ø  Ratnagiri Gas to split LNG, Power businesses for restart

Ø  State lenders Axis Bank, PNB, BoB, OBC cut base rate by up to 0.40%

Ø  Toyota Motor clocks 11 pct growth in Jan-Sept 2015

Ø  Fitch lowers GDP forecast to 7.5 pct for 2015-16

Ø  Godrej Properties sells Mumbai office space to Abbott for Rs 1,480 cr

Ø  Sensex closes 376 points up on upbeat global cues, Nifty at 7,949

Ø  Gas price cut to $3.82; will dent govt revenues by Rs 800 cr

Ø  Govt accounts show Rs 15,808 cr surplus

Ø  Nippon Life to hike stake in life insurance, MF biz: Ambani

Ø  Tax-free bonds witness price spike on bourses

Ø  Rajan says not running for IMF chief's job: Report

Ø  Pharma, tech funds top equity fund mart in Sept

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