Evening News Round up

*See RBI status quo on April 1, CPI inching to 8.5%: Nomura.

*Under-promising old Murthy trick; Infosys can surprise: Envision.

*USFDA ban may not affect Sun Pharma financially: JM Fin.

*Copper selloff overdone; bearish on gold: StanChart.

*China is growing at 4% and that’s okay: Marc Faber.

*Facebook COO Sandberg eyed for top job at Disney.

*Candy Crush maker King files for IPO to raise $532.8mn.

*IPL 7 insurance cover may shrink as it moves to UAE, Bangladesh.

*Roy’s Tihar stay continues as SC refuses bail.

*CBI carries out searches at NSEL office, 15 locations.

*Sebi panel suggests revision of fees for market entities.

*Compat to hear Coal India plea against CCI penalty next month.

*Compat to hear plea against Jet-Etihad deal later this month.

*Dr Reddy’s recalls some lots of heartburn drug in US.

*Sun Pharma dips on FDA import alert for Karkhadi unit.

*L&T gains on winning Rs 3,655 crore order from Qatar.

*See 7-10% volume growth; upbeat local biz helping: Allcargo.

*Manappuram up 4% on Milestone Home Fin acquisition.

*Tata Motors rises as JLR February sales jump 14%.

*Manpower required for aviation might grow to 1.17 lakh by 2017.

*Spicejet allots warrants worth Rs 133.2 crore to promoters.

*Award of Rs 49,200 cr Odisha, Tamil Nadu UMPPs pushed to June.

*Cash transactions will be scrutinised by law enforcement agencies: FMC.

*Sesa Sterlite to move court on lay offs: Official.

*Jubilant Life up 3.4%, hikes price of vitamin B3 ingredient.

*New US gas legislation could boost exports to India.

*Gas price hike, lower subsidies to boost OIL India’s prospects.

*Maruti replies to Sebi, clarifies on Guj fiasco: Sources.

*Hero launches new bike Splendor iSmart at Rs 47,250.

*Mercedes slashes S Class price by Rs 21 lakh.

*Analysts see Rajan not losening rates despite better CPI data.

*Late sell-off drags Nifty below 6500; Infosys, Sun Pharma tank.

*Export benefits not completely over for India: FIEO.

*Private banks at high risk of losing customers: IBM study.

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