News Wrap Up:
1. Indices range-bound, Nifty tests 11,300; HDFC AMC slips 8%
2. Sebi makes investing in mutual funds cheaper, caps expense ratio at 1.05%
3. CBI scrutinises Indias largest law firm Cyril Amarchand in PNB fraud probe
4. Merger of BoB, Dena, Vijaya Bank may bring in savings worth Rs 10 billion
5. Flipkart infuses $500 mn ahead of Big Billion Days festive season sale
6. Prove subterfuge charge against ArcelorMittal, Supreme Court tells Numetal
7. RCom to exit telecom biz completely, focus on real estate: Anil Ambani
8. HDFC AMC, Reliance Nippon tumble 8% after Sebi cuts total expense ratio
9. PSBs lose $2.8 bn in m-cap after BoB-Vijaya-Dena merger announcement
10. Responded to Sebi showcause notice, but no settlement offer: ICICI Bank
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