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Evening News Round-up 5-Aug:

Evening News Round-up 5-Aug:

*71% auditors see rising financial risks for companies: PwC

*Obama asked to declassify Senate report on CIA interrogations

*Strong earnings lift European shares; euro falls on PMIs

*Govt says WTO will understand its food security concerns

*Andhra mulls integration of govt payments via mobile

*BATA INDIA 2Q NET 593.8M RUPEES; EST. 684M

*HINDUSTAN MOTORS QTR NET 124.4M RUPEES VS 11.6M LOSS

*JUBILANT LIFE 1Q NET 47.8M RUPEES VS 526.2M LOSS

*HERO MOTOCORP 1Q NET 5.63 BLN RUPEES; EST. 6.17B

*SBT Q1 net dips 73% to Rs 50 cr

*Sterlite Technologies records 60% less profit of Rs 9.49 cr

*Sintex Industries Posts 32 Per Cent Rise in Q1 Profit

*Crompton Falls Most on BSE 200 Index as Net, Sales Miss Estimate

*Micromax pips Samsung as India’s leading mobile phone brand

*BMW Q2 profit jumps 26% on record car sales

*Fiat launches compact car Punto Evo priced at Rs 4.55 lakh

*SRF surges 20%, robust sales drive Q1 net profit up 127%

*Petronet LNG slips 5%, JP Morgan downgrades on margin woes

*Analysts buy Marico; stock hits record high, up 15% post Q1

*Cement shares hardens; ACC, Ambuja, UltraTech gain 3%

*Expect revenue growth of 10% in FY15: Sangam India

*Compat upholds CCI order against NSE; exchange to file appeal

*About 700 listed firms ‘vanish’ leaving investors stranded

*Bourses ask companies to comply with corporate governance norms

*Sugar stocks in focus; ISMA says no crushing in UP mills

*GDP expected to go up to 5.5% in current fiscal: RBI

*Uncertainty over monsoon could stoke food inflation: RBI

*India Inc disappointed with RBI’s status-quo on rates

*Inflation wary RBI stays repo, CRR rates; cuts SLR by 50bps

*Essar Projects bags $54 million contract from Saudi Aramco

*RBI initiates inspection of Syndicate Bank

*Mahindra Conveyor Systems signs JV with Japan’s Tsubaki

*Markets pare losses; Nifty ends tad below 7750, M&M, ONGC gains 3-4%

*Cairn to get 10-year extension for Rajasthan block

*SAIL eyes majority stake in Neelachal Ispat

*UNITECH CLARIFIES ON REPORT OF NOIDA LAND SALE; SAYS DOES NOT OWN LAND MENTIONED IN REPORT

*ADANI POWER DENIES REPORT ON BUYOUT OF JAYPEE GROUP BINA PLANT

*TATA STEEL RAMPS UP TEESSIDE SERVICE CENTRE, IT MAY SURPASS 170,000T/YEAR CAPACITY

*India Approves 15.3b Rupees of FDI Proposals Including Laurus’s

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