Headlines Today 22/11/2013

BUSINESS STANDARD

Ø  SC bars asset sale by Sahara, grounds Roy

Ø  Smaller firms offer green shoot glimpse

Ø  Indians among top SEC informers

Ø  Tata's spending on R&D up to 2.5% of revenue

Ø  Tata Motors, Ashok Leyland to offer fully-built vehicles

Ø  No change again in freshers' salary: TCS

Ø  Cipla takes majority stake in Ugandan firm

Ø  Torrent Power funded Gujarat smart-grid project: Ecolibrium

Ø  CLB notices to JSPL, Naveen Jindal on ties with TV group

Ø  Home prices rise in 12 cities: NHB Residex

BUSINESS LINE

Ø  Fed effect: Sensex tanks 406 points

Ø  FII investments via P-Notes jump to Rs 1.84 lakh cr in Oct

Ø  Vietnam offers hydrocarbon blocks to OVL

Ø  Nokia offers to pay part of Rs 4,000-cr tax demand

Ø  Two of RBI’s 17-member panel favored status quo on policy rates

Ø  RBI troubled by loan quality of banks

Ø  RBI for progressive new bank licensing policy

Ø  India, EU sign pact to facilitate competition law

Ø  Setting up of BRICS Development Bank in the pipeline: PM

Ø  Weak rupee has no significant impact on creditworthiness: Fitch

ECONOMIC TIMES

Ø  Piramal, Canada fund to build realty finance company

Ø  Fed may taper $85 billion in bond buying

Ø  Be cautious but not negative before expiry

Ø  Japan shares flying high in Asia as yen downed

Ø  NCDEX to offer more metal, agri futures soon

Ø  Dow ends above 16,000 for first time, boosted by data

Ø  Re falls most in a week; RBI prevents fall

Ø  FTIL board meeting on November 29

Ø  RBI pushes banks to recover bad loans

Ø  NBFCs grew at slow pace in FY-13 amid slump

IOC makes its first purchase of Canadian oil