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Evening News Round-up:

Evening News Round-up:

*See money move into EMs; India, Russia doing well: Quant

*Think tactically; keep 60:40 mix of cyclicals, defensives: Udayan

*Politics main theme now; like cement sector: Dipan Mehta

*Ranbaxy is good, cheap buy by Sun Pharma: Pfizer

*Daiichi was unable to run Ranbaxy’s generic biz: Malvinder

*Ranbaxy buyout to fortify presence in many mkts: Sun Pharma

*Positives, negatives of Sun-Ranbaxy deal, according to HSBC

*SAP appoints Ravi Chauhan as MD for India

*Installed base will be 9300 MW by Q1FY15-end: Adani Power

*Dewan Housing raises USD 70 m under low-cost ECB window

*FinMin not in favour of tax sops for CSR in backward regions

*Coal India gets single bid from MMTC for coal import contract

*Bharti to raise USD 400 m in overseas debt shortly

*ABG Shipyard’s payment-on-delivery strategy may prove risky

*JSW Steel produces 12.17 MT steel in FY14

*FIAT India to launch four new cars this year

*Ashok Leyland: Gaining ground, but volume uptick critical for recovery

*TVS Motors’ Sudarshan Venu to tie the knot

*IL&FS Transportation emerges as lowest bidder for Kerala highways project

*Third orbit raising operation of IRNSS-1B successful

*Firecracker industry in Sivakasi shuts doors to protest fee hike

*Nelco jumps 8% as board nods for restructuring security biz

*SEAMEC hits 52-week high on securing new contract

*Power industry gearing up against CERC’s new tariff regulations

*Bonus squeeze hits employees at ONGC, NTPC, Coal India

*IIFL acquires India Alternatives Investment Advisors in PE push

*Godrej Properties to develop township project in Bangalore

*Bank Unions protest against RBI’s decision to give new banking licence

*Holcim, Lafarge agree to create cement giant

*RCom and Reliance Jio announce third pact

*Singapore Airlines A380 to debut in India on May 30

*UAE NRI investment into India to increase after polls

*Sensex ends flat; Sun Pharma, Ambuja, UltraTech top gainers

*P-Notes holders may be taxed in next budget: Shome

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