Updated Stock Market News

*Economic Times*
*Business Standard*

Ø  Govt mulls raising Rs 1 lakh threshold for invoking IBC
Ø  YES Bank sells 6.56% stake in Fortis Healthcare
Ø  Digital technologies to create $1 in value by 2025: EY
Ø  Total, RIL may not bid for BPCL; BP wants to see offer
Ø  Adani Transmission acquires arm of REC Transmission
Ø  HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend
Ø  Moody's downgrades Indiabulls to B2 on a fundraising challenge, governance
Ø  RBI hikes cash withdrawal limit for PMC depositors to Rs 40,000
Ø  Indian pharma companies spread businesses to avoid regulatory ire
Ø  Assets worth Rs 3,830 cr seized, identified in PMC Bank case: ED

*Business Line*
*Mint*

Ø  Reliance to swap diesel for Venezuelan crude oil
Ø  Ratan Tata to invest in EV start-up Tork Motors
Ø  Consumer inflation inches up close to 4% in September on costlier food items
Ø  Granules India to exit from China jt venture
Ø  L&T puts two thermal power units into operation in MP, UP
Ø  Lenders approve JSW Energy’s resolution plan for Ind-Barath’s 700 MW power plant
Ø  Rural demand remains a concern for Wipro Consumer Care and Lighting
Ø  New resolution professional of Videocon seeks EoIs for 13 companies under IBC
Ø  BSE to suspend trading in Manpasand Beverages, Binani Industries, 14 others

*Financial Express*
*Deccan Chronicle*

Ø  Indian economy structurally, fundamentally strong: MoS Finance
Ø  India to see $118 billion investment in oil, gas sector in next few years, says Dharmendra Pradhan
Ø  WTO gives final approval to US retaliation in Airbus case
Ø  RBI imposes Rs 1 crore fine on Lakshmi Vilas Bank, Rs 75 lakh on Syndicate Bank for violating norms
Ø  Traders' body seeks govt audit into business models of Amazon, Flipkart
Ø  Rupee drops 21 paise to 3-week low on fading US-China deal optimism
Ø  Sensex pares gains, ends 87 points higher; Nifty closes at 11,330
Ø  SBI re-enters top-10 most valued firms list; replaces Bajaj Finance

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