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Chinese consumers make the largest luxury purchases
The U.S. is the largest luxury market in value, reaching €79 billion;New York City alone outweighed all of Japan
 "Chinese consumers make the largest luxury purchases")
Telecom sector to witness rising debt and consolidation, says India Ratings
Idea Cellular Ltd last week agreed to buy 1800 Mhz spectrum in two circles-Gujarat and Uttar Pradesh (West) from Videocon
Mantri, Bonjour tie-up for budget hotels
They plan to open the properties by second quarter of 2017, offering rooms at less than Rs 3,500 per night
 "Mantri, Bonjour tie-up for budget hotels")
Hyundai to educate children on safe traffic habits
Safe Move Traffic Safety campaign will initially be launched Delhi, Mumbai, Chennai, Kolkata and Ahmedabad
 "Hyundai to educate children on safe traffic habits")
Dr Lal PathLab's Rs 630-cr IPO to open Dec 8
Price band set at Rs 540-550 per share; 15% discount offered to retail investors
 "Dr Lal PathLab's Rs 630-cr IPO to open Dec 8")
Aircel to add 200 new 3G sites, 20 towns by March in Odisha
The telecom operator has 4.4-mn customers base in the state
'Revised Defence Acquisition Policy to address bottlenecks'
Defence and aerospace sectors will provide $ 80 bn opportunity for Indian manufacturing sector in the next 8 yrs
 "'Revised Defence Acquisition Policy to address bottlenecks'")
Microsoft launches Lumia phones for high-end users
The tech-giant says phones aim to make their owners able to use them as PC
 "Microsoft launches Lumia phones for high-end users")
DRDO distributes ready-to-eat food in flood affected areas in Chennai
DFRL, a premier lab located in Mysore, is involved in development of ready-to-eat food for the armed forces
 "DRDO distributes ready-to-eat food in flood affected areas in Chennai")
Burger King to have 45-50 outlets by end of the year
It currently runs around 34 joints across the country
 "Burger King to have 45-50 outlets by end of the year")
BlackSoil to invest Rs 25 cr in Ahuja Constructions' Mumbai project
BlackSoil recently raised Rs 139 cr through PE funding
 "BlackSoil to invest Rs 25 cr in Ahuja Constructions' Mumbai project")
GDP growth seen at 7.3-7.6% in July-September
India Ratings pegs it high at 7.6%
 "GDP growth seen at 7.3-7.6% in July-September")
Govt set to ease ECB regime
Concerns on Masala bond tax treatment to be addressed
 "Govt set to ease ECB regime")
Jet.com raises $350 million
The investment values Jet.com at $1 billion before the new funding round
 "Jet.com raises $350 million")
Rupee stares at volatility, bonds to rise further
All eyes are on RBI's monetary policy review on December 1
 "Rupee stares at volatility, bonds to rise further")
Global mobile subscriptions growing around 5 per cent y-o-y
South Korea, Japan, China and the US are predicted to lead with the first-and the fastest-5G subscription uptake
 "Global mobile subscriptions growing around 5 per cent y-o-y")
Rajiv Gandhi govt's ban on Satanic Verses was a mistake: Chidambaram
The senior Congress leader also expressed concern at the rising "illiberalism" in the country
 "Rajiv Gandhi govt's ban on Satanic Verses was a mistake: Chidambaram")
Plan to raise spend by 285% will transform railways: Morgan Stanley
The firm said the railways' efforts at exploring innovating funding models were a key reason for the optimism
 "Plan to raise spend by 285% will transform railways: Morgan Stanley")
Govt hopeful of GST Bill passage: Jayant Sinha
Calls it the 'most revolutionary transformation of taxes in India since Independence'
 "Govt hopeful of GST Bill passage: Jayant Sinha")
Cipla to fight patent battle with Roche
A Delhi High Court bench ruled Friday that Cipla has infringed Roche's patent on erlotinib, a drug used to treat lung cancer
 "Cipla to fight patent battle with Roche")