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Evening News Round-up:

Evening News Round-up:

*Poor monsoon will be first big challenge for new govt: CLSA

*FII inflows into India unlikely to pickup in next few weeks: Quant

*Apollo Hospitals a buy, stock can double in 3 yrs: Merrill

*Bullish on mkt on 5 year basis; buy IT, pharma: Raamdeo

*See GDP growth at 5.6% in FY15, maintains India Ratings

*Brace for some correction in run-up to May 16: UR Bhat

*HUL Q4 beats estimates; net rises 11%, volume growth at 3%

*IDEA CELLULAR 4Q ARPU 173 RUPEES VS 169 RUPEES IN 3Q

*IDEA CELLULAR 4Q NET 5.9B RUPEES; EST. 5.24B

*Godrej Consumer Q4 net down 29.28% at Rs 236.28cr

*Bajaj Corp Q4 net down 22% at Rs 38.31 cr

*Shree Cement Jan-Mar quarter net profit down 19% to Rs 222 cr

*Gartner pegs Indian public cloud services market at $557 mn in 2014

*South Africa lobbying to host BRICS Development Bank

*Ambuja Cements, ACC extend weakness post March quarter results

*Divestment programme shall be back on track: Pranav Haldea

*DB Realty tanks 5%, ED names Balwa in 2G scam chargesheet

*Move over SoBo; Navi Mumbai is new hotspot in commercial realty

*YES Bank’s stance on Madhu Kapur dims hope for out-of-court settlement

*REC to raise up to Rs 30,000 cr via debentures

*Natco’s US partner files ANDA for chemotherapy drug

*Muthoot’s CSR initiative extended to 3 more districts in Kerala

*Vantage Circle raises Rs 1.20 crore from angel investors

*Etihad set to escape open offer for Jet

*CBRE projects 4-5 lakh job opportunities in big cities in 2yrs

*Fire accident at Shasun Pharma’s Pondicherry API facility

*Synechron to invest $35 million for development centres in India

*Pfizer chasing AstraZeneca in potential $100 billion-plus deal

*Wal-Mart paid USD 334 m to end India partnership

*Confident of clocking 30% revenue growth in FY15: CERA

*Markets end lower amid weak Asian cues; BHEL & Hero weak, Wipro gains 2%

*Himachal regulator lifts ban on Wockhardt drug

*RCom, Tata Tele, Aircel tie up for 3G services

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