*India will benefit from new reforms; buy on dips: Macquarie
*Highly leveraged infra stocks may correct more: Dimensions
*Rupee not volatile, investors booking profit: Nick Parsons
*Primary mkt to absorb 50% of FII flows: Kotak Invest
*Rupee spike short-term; fair value at 60-61/USD: JPM
*FIIs underweight on EMs; like IT, FMCG, HDFC Bk: Sabharwal
*UP, K’taka, Assam Governors quit, Sheila to face axe too
*Assets case: SC vacates stay on Jaya’s trial proceedings
*BL Joshi steps down as UP Governor
*NCW to write to PM seeking action against Nihalchand
*Govt ready with drought contingency measures, say sources
*Process to grant NDMA to India after bilateral talks begin: Pakistan
*Deadline for states to implement ‘food security’ may be extended
*Modi govt finding excuses for non-performance: Congress
*Fall in entry tax collection in Bengal
*Xerox expects over 50% revenue from India to come from services
*DTH industry appeals to FinMin for relaxation on multi-layered taxation
*No Loop calls on Vodafone network
*Pennar Industries, units bag orders worth Rs 105 cr
*83% of global retail CEOs believe their supply chain not optimal
*Target 35% topline growth in FY15: Insecticides India
*Cairn gets environmental nod to raise oil production
*DIC India plunges on delisting concerns
*Ricoh India tanks 20% on failed delisting offer
*Balkrishna Industries hits new high; stock surges 127% in 2014
*Fulford slips 5% as promoters mull strategic alternatives for exit
*Idea Cellular up 5% as MSCI raises weightage to 0.8%
*Indian IT cos can manage rupee volatility: Ex HCL CEO Nayar
*Australia delays decision on Adani’s $15-bn coal project
*Adani in talks to raise $2.5 bn via QIP, foreign loans
*Too much legal policing of regulators bad idea: Rajan
*Nifty ends above 7600, Sensex up 331 pts; banks, oil lead; ONGC surges 5%
*Cipla buys 60% stake in Sri Lankan co for $14m
*Bharti Airtel, Uninor top GSM user additions in May: COAI