Evening News Round-up 6-May:


*No mania yet in US equities, but Fed may allow bubble: GMO

*China may take stimulus steps if slowdown persists: CMR

*HDFC Q4 NII below estimates, net up 11%; margins improve

*Canara Bank falls 3% post Q4, brokerages not impressed

*Vijaya Bank Q4 profit down 39% at Rs 136 cr

*Genpact Q1 net up 8.3% at $50.6 million

*Bayer to buy consumer care business of Merck & Co for $14.2B

*Iran tests foreign interest with oil fair

*Spencer’s to break even at EBITDA level in next couple of quarters

*Google plans to introduce money transfer via Google Glass

*Subrata Roy to remain in jail, SC upholds his detention order

*See 7-8% price hike, 10% volume growth in FY15: Emami

*LT Foods confident of 23-24% rev growth in FY15: Arora

*Seasonality no longer a concern for IT companies

*Gold up on wedding season demand, global cues

*Rupee to depreciate if NDA gets below 220 seats: HDFC Bank

*Suzuki targets 10 % market share in personnel scooter segment

*Punj Lloyd bags Rs 1,270-crore expressway project in Yemen

*Suzlon wins wind turbine orders in US

*Ashok Leyland’s UK arm ropes in former Iveco Bus Sr Exec

*Four-fold jump in bad loans in public sector banks in five years

*Wipro partners AxiomSL for financial risk & compliance service

*Hyundai launches new variant of Eon for Rs 3.83 lakh

*Wonderla allotment 275/76. Listing on friday

*In three-player battle for MCF, Mallya may be likely loser

*Sensex, Nifty consolidate; HDFC falls 1 %, IT stocks weak

*FTIL replies to MCX on PWC’s report

*Tech M & Infosys eye Bharti Airtel’s IT deals worth $1.5bn

*NTPC can cut power to BSES if not paid: SC

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