Categories: Uncategorized

Evening News Round-up 30-Apr:

*MOODY’S: WEAK COALITION MAY WEAKEN RUPEE, DELAY ECO. RECOVERY

*MOODY’S: INDIA’S LOW FOREIGN LOANS LIMIT RISKS OF LOWER INFLOWS

*Mkts shouldn’t hold on every word from Fed; like India: JPM

*Nifty to hit 7400 by year-end; like private banks, telcos: BNP

*Hope to see markets rise by another 8% by year-end: Jim Walker

*Mkt to fall if NDA gets below 230 seats; avoid PSBs: IDFC

*Easy monetary policy to aid European mkts: Hans Goetti

*El Nino may not affect much; key focus on water management: Experts

*CITIGROUP INDIA ECM HEAD BHAVNA THAKUR SAID TO DEPART

*Orders pour in for Apple’s $12 billion bond offering

*EU ban on select Indian fruits, veggies unfortunate: Ficci

*China to overtake US economy; India trumps Japan; China government think tank cuts GDP forecast: Report

*BOJ keeps policy steady, markets await new price forecasts

*BINNY TO CONSIDER WINDMILL DEAL   ITH MOHAN BREWERIES MAY 3

*NRI cannot seek registration as FPI: Sebi

*Sebi sets foreign portfolio investor limit of 10% per firm

*Alstom mulls $13.5 bn GE bid with Siemens on sidelines

*Bharti Airtel rallies post Q4 earnings, CLSA says ‘buy’

*TVS Motor zooms 6%, eyes growth in FY15 & new products

*Jignesh defends FTIL, questions MCX audit release timing: MCX-SX

*Ranbaxy, Sun Pharma fall 2-3% as merger plans hit roadblock

*Nifty ends below 6700; Hero up 2%, Tata Power & BHEL fall 3%

*FMC to meet on 6 May to take action against MCX

*BOB slashes long-term deposit rates by 5 basis points

*BHEL SIGNS PACT FOR RENEWABLE ENERGY PROJECTS IN YEMEN

*INDIA LOWERS MINIMUM EXPORT PRICE FOR EDIBLE OILS TO $1,100/T

*INDIA CUTS EXPORT PRICE FOR EDIBLE OILS TO $1,100/T VS $1,400/T

*INDIA MARCH KEY INDUSTRIES’ OUTPUT RISES 2.5% Y/Y vs Prior 4.5%

*Airtel to cut discounts; may raise tariffs to meet costs: CEO

*JINDAL, JSW IN SEPERATE TALKS TO BUY PARTS OF LUCCHINI: CNBC

*HDFC MF RAISES INFO EDGE INDIA STAKE TO 7.41% FROM 5.34%

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