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Evening News Round-up 22-Apr:

Evening News Round-up 22-Apr:

*Nifty may hit 7400-7500 soon; banks, oil & gas to lead: JM Fin

*Expect mkt sell-off over next couple of weeks: Dipan Mehta

*Fund flows into EMs likely to continue: Mark Matthews

*Japan overhauls its public pension fund, the world’s biggest

*Emirates India International Exchange ties up with Xpress Money

*M&A talk lifts European shares, euro dips to 2-week low

*HTC launches its cheapest smartphone at Rs 8,700

*Micromax launches ‘Canvas Doodle 3′ for Rs 8,500

*219 Kgs of gold seized from Kerala airports

*HDFC Bank Q4 net up 23%, NIM strong, asset quality stable

*Mahindra Lifespace Q4 profit dips 63%

*Supreme Petrochem weakens after Q3 net slumps 63%

*Sakthi Finance implements Sundaram Infotech IT solution

*Kedaara Capital invests Rs 200 cr in Mahindra Logistics

*UCO Bank aims to grow its loans, deposits by 20-22% in FY15

*L&T hits 40-month high

*Pfizer agrees to $190 mn settlement over generic versions of its epilepsy drug

*Will pare debt by 50% in next 6 months: Hotel Leela

*Coalgate probe: CBI summons former Coal Secretary Parakh

*Tyre shares plunge post MRF March quarter earnings

*South Indian Bank gains 5.5%, RBI lifts ban on FIIs buying

*International Tractors signs pact with L&T Finance for vehicle loans

*Gujarat Gas falls 6.5% on merger plan between co and 4 arms

*Novartis transforms drug biz via deals with GSK and Lilly

*GAIL India cancels contract to lay pipeline in TN

*Glenmark Pharma declines after losing appeal on Tarka patent

*IL&FS Engg hits 52-wk high, up 10% on Rs 268 cr order

*Rupee hits 1-month low as oil importers buy dollars

*Nifty snaps 2-day gains but holds 6800 ahead of F&O expiry

*Miners don’t see Goa mining restart before 1-2 years

*MFs’ exposure to IT stocks falls to Rs 24,315 crore in Mar

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