Morning News Round-up:

Ø  ONGC upbeat as global oil prices crash

Ø  India’s trade def with China to double in next 2 yrs

Ø  Foreign funds get tax demands; bill may hit $10-bn

Ø  Coal auction unlocks Rs 4,00,000 crore: Coal Secy

Ø  Alibaba eyeing acquisition of Indian e-commerce firms

Ø  Holcim eyed HeidelbergCement before Lafarge deal

Ø  RBI’s first policy review of fiscal on Tuesday

Ø  Govt to allow commercial mining to central, state PSUs

Ø  Govt mulls steps to encourage use of Jan Dhan accounts

Ø  Centre releases Rs 37,420 cr as first instalment of devolution

Ø  Small traders want brokers to participate in FTIL offer

Ø  Dena Bank plans lower price to sell around Rs 500 cr NPAs

Ø  14th Finance Commission: 6 States get 54% of 1st tranche 

Ø  Rise in retail inflation may force RBI not to cut repo rate 

Ø  Coal India chief blames poor availability of rakes for lower growth in offtake 

Ø  Cadbury gets over Rs. 570-cr demand for excise duty evasion

Ø  Titagarh Wagons seeks shareholders’ nod for raising Rs. 250 cr   

Ø  Sebi to act fast against errant investment schemes

Ø   ONGC eyes Mexican oil and gas blocks

Ø  NTPC to be 90,000 MW company in 10 years: CMD

Ø  Canara Bank to get Rs1,500 crore fund infusion from LIC soon

Ø  TCS to announce Q4 results on 16 Apr; HCL Tech, Infy to follow

Ø  Brokers under SEBI’s scanner for moving over Rs 500 cr abroad

Ø  Switzerland ups black money vigil as India threatens action

Ø  StanChart says India’s real growth ‘very elusive’

Ø  Postal Dept incurs loss of Rs 7 a postcard, Rs 5 inland letter

Ø  Economies on weak footing leave base metals tumbling

Ø  Odisha to renew 18 iron ore mine licences

Ø  Govt to keep tax disputes out of future agreements

Ø  Iran-US nuclear pact does India a good turn

Ø  Higher charges on bank savings hurt
Fresh MAT demands to depend on outcome of litigation

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