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Evening News Round-up:

Evening News Round-up:

*RBI’s LCR guidelines credit positive for banks: Moody’s

*PSU banks’ asset quality woes likely to continue: Fitch

*No big Budget cut seen in rural subsidy, welfare spend: JPM

*Sharp correction unlikely, Sensex to hit 30K by Dec: Ambit

*Indian cos may raise $12-15 bn in FY15: Motilal

*BJP MLAs meet Power Minister over ongoing crisis

*Jharkhad electricity crisis due to funds being misued: Cong

*Modi thanks Karunanidhi for letter of felicitations

*SP govt has ‘failed’, BJP says on crime in UP

*SC refuses urgent hearing on plea against Srinivasan

*CBI takes over probe into Munde’s death

*Gujarat will be slum-free by 2019: Anandiben Patel

*Maha govt seeks Centre’s nod for Rs 8,000 cr coastal road project in Mumbai

*Schumacher out of coma, leaves French hospital

*MFs’ exposure to bank stocks hits record high at Rs 48kcr

*Sitharaman meets automobile industry representatives

*Potato prices to cause more heartburn

*Suryoday Micro Finance gets funding of Rs 27 cr

*Bahrain’s Batelco wins $211 mn from Indian partner

*Airbus deal: CBI examines former civil aviation secretary

*Technopark to add 1.1 million sq.ft by 2016, target 45,000 new jobs

*FDCA to launch digital system to improve efficiency

*One third of India Inc lacks debt servicing muscle

*Don’t allocate Sukinda chromite deposits to Tata Steel till Thursday: HC to Odisha

*Metcore blocks NSEL, SAIL from inspection of ferrochrome stocks

*Steel Min red flags fall in iron ore prod; blames judicial intervention

*RBI unlikely to hike rates; El Nino key now: HDFC

*Smaller, nimbler rival shows way for monolith Coal India

*Mahindra group forays into affordable housing

*ONGC to allow Cairn to run oil block in return for higher stake

*Looking to expand complex injectibles space: Lupin

*Wipro bags IT infrastructure deal from 7-Eleven in Australia

*May WPI inflation at 6.01%, highest level since Dec 13

*Nifty ends above 7500; TCS up 2%, banks & infra drag

*Bharti Softbank’s messaging app ‘Hike’ crosses 20 mn users 

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