News Wrap up-
1. Gifts worth over Rs 50,000 to attract tax now
2. Bharti Airtel-MTN $24 billion deal called off
3. UB to raise $350 mn to reduce burden
4. SCI to raise $300 mn to buy vessels
5. NTPC to re-tender Rs600 crore contract for wind power plant
6. Ratnagiri Gas started drawing gas from RILs KG D-6 field
7. HDFC Bank allots equity shares and HDFC allots equity shares
8. Biocon enters into agreement to acquire the bulk pharmaceutical business
9. JSW Steel keeps prices unchanged in October
10. Rupee rises to near 2-mth high on weak dolla
Sent on my BlackBerry® from Vodafone
