Latest Happenings

BUSINESS AND ECONOMY==
> INDIA-RELATED
* India WPI inflation falls to 5-month low of 3.15% in Nov (Cogencis)
* Govt says committed to fiscal gap aim (Cogencis)
* SBI economist says RBI underestimating cash curb hit on GDP (Cogencis)
* Tata Teleservices removes Cyrus Mistry as director, chairman (Cogencis)
* Nusli Wadia asks Tata Motors shareholder to vote with "conscience" (Cogencis)
* RBI unwilling to cede control over payments regulations (BS)
* Wipro splits India, West Asia business (BS)
* Sources say India's Nov gold imports rises to $4.4 bln (Cogencis)
* Source says RBI starts printing 1,000-rupee note on pilot basis (Cogencis)
* Source says panel for 10-bps cut in FY17 EPF interest rate to 8.7% (Cogencis)
* Central Depository Services to file IPO documents this month (BS)
* Amazon launches Prime Video service in India (BS)
* New norms allow cab surge pricing up to four times (ToI)
* Bombay HC to hear Tata EGM votes plea on Friday (ToI)
* Swan Energy in pact to develop $615 mln gas field in Iran (Cogencis)
* Aurobindo Pharma confirms Srikakulam unit fire, no impact on ops (Cogencis)
* SC reserves order on review plea vs Ansals in Uphaar fire case (Cogencis)
* Amtek Auto posts record loss of 7.55 bln rupees Jul-Sep (Cogencis)
* NALCO Jul-Sep net profit 1.2 bln rupees vs 2.5 bln (Cogencis)
* Source says govt to review wheat import duty once prices stabilise (Cogencis)
* Hyundai to drive in more affordable cars (ET)
> FROM OVERSEAS
* US FOMC ups interest rates by 25 bps, forecasts 75 bps hike in 2017 (var)
* Eurozone suspends Greek debt-relief plan (BBC)
* PepsiCo chief Indra Nooyi joins Trump's strategic policy forum (IE)
* China to penalise unnamed US automaker for monopolistic behaviour (RTR)
* US Fed to get more aggressive under Trump, say survey respondents (CNBC)
* Outspoken during campaign, Tech leaders to make peace with Trump (AP)
* British Airways crew vote for Heathrow strike (var)
* IBM vows to hire 25,000 staff as tech chiefs meet Trump (var)
* Yahoo suffers world's beiggest hacker attack affecting 1 bln users (AFP)
* Amazon makes first drone delivery in UK (AFP)

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