Categories: Uncategorized

Evening News Round-up 10-Jun:

*10-year yields may trade at 8.60-8.65% in near-term: Nomura

*FM-bankers meet: Uday Kotak suggests listing of LIC

*Poor rains unlikely to derail market, buy cement : ICICI Sec

*See Sensex heading to 65000-75000 in 4-5 years: Darashaw

*Religare Cap says pre-Budget selloff unlikely; suggests buys

*Gas price hike to balance reforms, interest of poor: Pradhan

*UP incidents can hit tourist flow to Taj Mahal: ASSOCHAM

*Gogoi orders to inquiry into forgery of cheques

*India’s pepper imports from Vietnam doubled in Jan-April

*Jayalalithaa fails to appear in court for hearing on I-T returns case

*Government to leverage cloud computing for multi-billion dollar mission-mode projects

*Delhi power crisis: Piyush Goyal calls NTPC, GAIL to fight calamity

*Higher risk appetite, weak euro to reduce demand for gold

*China May inflation at 4-month high

*Bharti up 3%, CLSA reiterates it as high conviction buy

*Amtek India surges 20% on heavy volumes

*BEML extends gain on hope of FDI in defence sector

*Suzlon Energy gains 5% fifth day in a row

*Bankers pitch for a National Asset Management Company

*RBI relaxes cap on United Bank’s loan sanctioning power

*Strategic meet stresses on need to build made in India civil aircraft

*Ujjivan Financial Services loan book grows 44%

*E-series investors redeem 85.5kg gold, Rs 140cr cash from NSEL

*Intelligence agencies say gold smuggling may fall to 50 tonnes

*Gold jewellery sales up by 40 % in June: AIGJT

*Will outdo industry in Q1, see stable FY15 margin: Mindtree

*OBC issues SARFAESI notice to Moser Baer over Rs 430cr dues

*LIC hopes to retain market share of 82% this fiscal

*LIC sees slide in new premium collection

*Future lifestyle aquires 12% stake in Unico Retail

*PE investments in India to reach $40 bn in 2025

*Sensex at new closing high, Nifty holds 7650; IT, pharma up

*Govt to auction limits in debt for foreign investors on Wed: NSE

*NSE asks foreign investors not to raise long positions in bond futures 

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