[T.S.R:15822] stock news

Global News

 The jobless rate probably rose in September for a second month
as the year-old U.S. recover failed to generate enough jobs to keep
up with a growing labor force.

Corporate News

 India's government has started fresh talks with Axis Bank to
sell its stake in the bank amid soaring stock markets

 Hero Honda Motors Ltd. sold 433,641 units in September,
compared with 401,290 a year earlier

 JSW Steel Ltd. and Steel Authority of India Ltd.: The
companies raised prices of the alloy by as much as 3 percent starting
on Oct. 1.
Impact: Positive

 National Aluminium Co. will complete a deal with coal
suppliers in Indonesia by January to provide fuel for its $4 billion
aluminum project in that country

 Reliance Industries Ltd. cut crude oil output at the MA
offshore field in the KG-D6 block to 22,000 barrels a day for about
two months, compared with about 31,000 barrels a day in April

 Sun Pharmaceutical Industries Ltd. received tentative approval
from the U.S. drug regulator to sell a copy of Orion Pharmaceuticals
Inc.'s Stalevo tablets, used for the treatment of Parkinson's disease.
Impact: Positive

 Tata Motors Ltd. is seeking to raise at least $525 million
selling shares to institutional investors to help reduce debt and fund
growth.

 Dabur India Ltd., a maker of packaged honey, traditional
medicine and hair oil, plans acquisitions
overseas as domestic competition intensifies

 JP Associates September Cement sales rose form 727000 to 1.17
million tonnes
Impact: Positive

 KPIT Cummins acquires CPG Solutions
Impact: Positive

 Tata Steel hikes prices by up to Rs 1,500 a tonne
Impact: Positive
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