26 Sept: Morning News (click on link to read article) : IFCI Financial Services Limited

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Wall St sees worst sell-off in 3 months on Fed comments Ø  Adani to press ahead with Australia coal plans Ø  Indian banks appear insulated from financial crisis: IMF Ø  Now zero charges on e-transfer up to Rs 1 lakh Ø  Iron ore output to fall to 130-140 million tonne this fiscal: FIMI Ø  Debt rejig to increase cash flow of power discoms: Rating agencies Ø  CCI gives green signal for News Corp-ESPN Star Sports deal		Ø  Rupee at over 4-month high of 53.36/dollar Ø  FIIs net buy $1.1 bn worth of stocks today Ø  Total market turnover on Sep 25 at Rs 2.26 lakh crore Ø  Lanco to enter into fresh PPA with MP govt for 25 yrs Ø  Sebi bans 7 entities from market for unfair trade practices Ø  Can't use Kingfisher brand as collateral, RBI tells banks
Business Line		Mint
Ø  NTPC raises $500 m from US bond market Ø  Investment board may get powers to speed up green clearance Ø  Maharashtra mills sell 2 rail rakes of sugar Ø  Power bailout package will be performance-linked: Moily Ø  BHEL to set up 5 MW solar plant at Ranipet Ø  ‘Biotech crops help farm income rise $78 b’		Ø  RIL likely to bid for telecom spectrum Ø  HDFC Bank may cut lending rates Ø  Kingfisher asked to respond on DGCA audit Ø  HC stay for ABG against PSA’s decision on bid encashment Ø  Banks’ funding structures key to financial stability: IMF Ø  Cement transportation by railways falls 11.8%
Financial Express		Financial Chronicle
Ø  Walmart likely to stay with Bharti Ø  Diageo in stake buy talks: United Spirits Ø  Inflation at unacceptable levels: RBI Ø  NHB slashes lending rate by 0.5% Ø  'FDI policy to boost investors confidence' Ø  Bajaj Electricals eyes Rs 1,000 cr buys		Ø  Cairn Energy sells 8% stake in India venture for $910m Ø  Maruti fixes wage settlement agreement with Gurgaon workers Ø  Oil, rupee rare sweet spot for India: Deutsche Ø  EGoM on telecom may meet in first week of October Ø  Rajan hints at boost to infra, more FDI easing Ø  China, India slump to slow down world: IMF

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