Evening News Round-up 16-Apr:

*CLSA Balanco: Dr Reddy, Wipro are top technical sell ideas

*Ambit Cap eyes two years of market cheer; bets on cyclicals

*Downward revision in interest rates is at least two quarters away: Prakash Diwan

*China GDP beats street, grows at 7.4% in Q1

*Alibaba’s growth quickens in time for landmark U.S. IPO

*New CEO Nadella pushes data culture at Microsoft

*LS elections fail to rev up SUV sales this year

*TAPS generated 28% of India’s atomic power in 2013-14

*Skype calls not a threat to voice telephony: CARE

*Mudgal Panel names Srinivasan in IPL spot fixing report

*TCS unlikely to surprise, Q4 PAT seen down 3% to Rs 5175 cr

*IndusInd Bank Q4 beats forecast, net up 29% on other income

*Mindtree net 98.4 vs 92cr; declares 1:1 bonus

*See 10% correction in PSBs; bullish on Infosys: IDFC Second

*DGCA grounds 11 pilots of GMR

*NSE approves merger of Wadala Commodities with Godrej Industries

*After Gurgaon Rapid Metro, Mumbai Metro goes for Station branding

*GM to ask bankruptcy court for lawsuit protection

*Insurers’ new premiums for FY14 not to be impacted by Jan guidelines

*To spend Rs 60-90 cr on ad, marketing next year: Just Dial

*Indian liquor industry growing at 8%: Tilaknagar Ind

*Future Retail extends rally on talk of acquiring Nilgiris

*RIL insider trading hearing adjourned

*RComm raises call rates by 20%

*Suntory likely to call off deal with Radico Khaitan 

*Maruti Suzuki gains, Nomura maintains buy & ups target

*Sensex cracks over 200 pts, Nifty below 6700; IT bleeds

*Cairn energy to sell cairn india stake

*India needs drastic reforms in agri policy: Gokarn