Evening News Round-up:

*Mkt may trade in extremes; PSBs look good now: Nomura

*Apple vs Samsung case to start before fresh jury

*China HSBC manufacturing PMI hits 8-month low in March

*Asian shares hit four-month high on China data, Yellen

*Time for Congress-free India, says BJP’s Narendra Modi

*Mahindra tractor sales up 2%

*Hyundai sales dip 8% in March

*Toyota Kirloskar sales down 57% in March

*Yamaha sales up 21% in March

*Maruti March sales dip 5.5% to 1,13,350 units

*TVS Motor sales up 17% in March

*Alstom bags Rs 182 crore contract from Power Grid

*Companies garner Rs 1,205 cr via IPO in FY14

*EC approves urea fixed price hike by Rs 350/mt: Sources

*Higher gas price would push working cap by Rs 1k cr: RCF

*Expect rates to fall not rise after current pause: Yes Bank

*UCO Bank eyes lower NPAs, higher cap adequacy this year

*March salary for Sahara staff may get delayed

*US to emerge as new growth engine for IPCA

*Tata Power appoints Ramesh N Subramanyam as CFO

*VIP Industries: Up on benefits of operating leverage

*Kalpataru Power up 7.5% on bagging orders of Rs 700 cr

*KEC Intl hits 17-month high on land sale to Tata Housing

*Educomp up 10% on reports of US firm buying majority stake

*MCX, FTIL lock horns over plan to issue preferential shares

*Natco Pharma tanks as US court agrees to hear Teva’s Copaxone appeal

*Wipro & TCS gainers, SBI falls 1%; Sensex, Nifty firm

*India forecast to grow 5.5% this year: ADB

*CPI for factory workers eases to two-year low of 6.7% in Feb

*Rajan warns state-run banks against year-end window-dressing

*El Nino may have a bearing on inflation: RBI

*Granting of new bank licences not a political process: Rajan

*Election Commission gives nod to RBI to issue new bank licences

*LIC trims stake in Bharat Forge to 3%

*Gati soars as Japanese firm Kintetsu World Express buys 5% stake

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