10 Nov: News Roundup

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Business Standard

Ø  EPFO may cut interest rate to 8.5% for this fiscal

Ø  Reliance Industries may buy unit of bankruptcy-hit Alok

Ø  Stay spectrum auctions for now: Telcos to Trai

Ø  Small savings to help meet govt fiscal targets: SBI

Ø  'Note ban helped bring down realty prices by 5-10%'

Ø  'India first to partner Facebook on disaster response'

Ø  Saudi Arabia detains 201 in $100 bn corruption case

Ø  Rating downgrades continue to outpace upgrades

Ø  SAIL, ArcelorMittal asked to expedite steel joint venture, says official

Ø  Tata Motors Q2 profit jumps three-fold to Rs 2,483 cr

Ø  Sebi mulls 'out of the box' approach for effective corporate governance

Ø  HDFC Life's Rs 8,700-cr IPO subscribed 4.8 times

Ø  NTPC offers fee-based operator model for stressed power plants


Mint

Ø  HPCL net profit more than doubles to Rs. 1,735 cr

Ø  India INX clocks record $109 mn turnover at GIFT IFSC

Ø  Morepen Labs inks pact with Belgian firm Vesale Pharma

Ø  'India on course to replace Japan as third largest economy by 2027'

Ø  Drop in demand dents profit of India Cements in Q2

Ø   IRB Infra woos foreign investors for toll-operate-transfer road projects

Ø  India, EU to hold free trade talks next week

Ø  RBI cuts printing order for new currency notes as vaults filled with old ones

Ø  Britain, wooing Saudi Aramco IPO, offers $2 billion loan guarantee

Ø  India drags down global demand for gold to 8-year low: World Gold Council

Ø  Changes in Insolvency and Bankruptcy Code may increase burden on IRPs


Financial Chronicle

Ø Government non-committal on cutting excise duty on petrol, diesel

Ø  Arvind Panagariya, Kanwal Sibal join USISPF as advisors to Board

Ø  Uber joins forces with NASA to develop flying taxis

Ø  State Bank of India eyes profitable expansion outside home

Ø  China, US ink $250 bn trade deals to mark Trump's 1st visit

Ø   'Suno RBI Kya Kehta Hai' campaign against fake offers soon

Ø  Hotel, restaurants body meets GST Council over tax rates

Ø  HC reserves orders on petitions challenging TRAI regulations

Ø  Bharat Forge net rises 61%; to issue 1:1 bonus shares