To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_10032018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH LIVECHAT - MARKETS FOCUS Stephen Innes, head of APAC trading at Oanda, joins us to talk about markets and cues to watch and what next to expect from central banks at 09:30 am IST. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS • Government takes control of IL&FS to stem contagion India on Monday took control of Infrastructure Leasing and Financial Services (IL&FS), in a rare move that it said was needed to protect the country's financial system and markets from potential collapse.

• India Sept factory growth picks up pace on strong demand and exports Indian factory activity expanded more quickly in September on strong domestic and export order growth, a business survey showed, a welcome sign of strength as policy makers worry about a sharp drop in the rupee and fallout from global trade frictions.

• India pumps in liquidity; bonds see profit-taking after initial rally The Indian central bank said on Monday it would pump $4.95 billion into money markets in October, pledging to buy back government bonds as part of a bid to quell fears of a credit crunch cascading through the economy.

• Bandhan Bank plunges to all-time low as RBI tightens scrutiny Bandhan Bank Ltd shares plunged to their lowest since March debut on Monday after the central bank withdrew permission to open new branches and froze chief executive's salary, as the banking regulator tightens its grip over the country's crisis-hit financial sector.

• Vedanta shareholders back London delisting amid protest Shareholders in Vedanta Resources, the UK arm of Indian miner Vedanta, on Monday backed the delisting of the company from London, where the miner has faced protests and legal action.

• Garden Reach Shipbuilders IPO fully subscribed after 3-day extension Garden Reach Shipbuilders & Engineers Ltd's initial share sale to raise up to $47.31 million was fully subscribed on the sixth day of the sale on Monday, after the state-owned firm extended the offer by three days.

GLOBAL TOP NEWS • Japan Sept services PMI slumps to 2-yr low after natural disasters Japan's services sector grew at its slowest pace in two years in September due to heavy rains, flooding, and earthquakes, a private survey showed on Wednesday.

• Trade pact clause seen deterring China trade deal with Canada, Mexico China's hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with "non-market" countries, trade experts said on Tuesday.