Evening News Round-up 29-Apr:

*Sell Idea; high financial burden, scarce 3G concerns: CLSA

*El Nino impact on Asia’s food prices may be exaggerated: CS

*Expect markets to escalate despite Ukraine turmoil: Citi

*BoAML bearish on Siemens, Neutral on Bajaj Auto

*Majority govt no magic wand for Indian economy: Dimensions

*New govt to revive real estate in 3-6 months: Knight Frank

*Don’t bet on poll outcome; look for fundamentals: Pimco

*IDFC Q4 result not bad; bullish on M&M Fin: Espirito Santo

*Bharti Airtel Q4 net up 58%, Africa dents revenue growth

*Dabur Q4 net up 17% at Rs 235 crore

*Sesa Sterlite reports Rs 1,621.55 cr net profit in Q4

*TVS Motor reports Rs 52 cr profit in Q4

*Sanofi India Q4 net down 44% at Rs 51.7 crore

*Hexaware Q1 net profit dips 11% to Rs 70.3 crore

*Jindal Steel and Power tanks on weak Q4 earnings

*Lessons other states can learn from Gujarat electricity boom

*Home equity loan biz to see more growth: Cholamandalam

*Tata Sponge Iron at record high on robust Q4 results

*HUL hits one-month low post Q4 results

*IRB Infra up 4% on Rs 3200 cr project; Macquarie bets on it

*Eyeing Rs 4,500 crore revenue growth in FY15: NBCC

*Glenmark’s monoclonal antibody for pain entering human trials

*Promoters of Sundaram Home Finance infused Rs 80 crore

*SJVNL signs pact with Bhutanese company for 600 MW hydel plant

*Force Motors to set up an engine facility in Tamil Nadu

*Court asks Nokia to pay 10% of sales tax demand; Nokia names Rajeev Suri as new CEO

*Ford launches new Endeavour priced up to Rs 23.06 lakh

*Mindtree opens second delivery centre in US

*Pfizer’s weak drug pipeline fuels hunger for AstraZeneca

*RIL asks Oil Min to announce new gas price on May 13

*TDSAT quashes DoT decision; allows intra circle 3G roaming

*Sensex trips for 3rd day; banks, metals, auto, FMCG drag

*Ukraine may keep the gold bulls out in force

*RBI to have a 5th dy governor; more executive directors

*Coal India invites bids for 3rd phase of drilling mines in Mozambique

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