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Morning News Round-up:

Morning News Round-up:

Ø  Tata Tech up for sale, promoters eye $1-bn valuation

Ø  RBI eases banks’ NPA rules for stalled projects

Ø  Cairn India drags govt to court over Rs 20,000 cr tax bill

Ø  Sebi seeks public views for PSU share sale on Sat

Ø  Iron ore imports jump to record 15 MT in FY’15

Ø  Smart cities may be developed around Kandla, Paradip

Ø  Videocon D2H withdraws Rs 700 crore IPO application

Ø  Indian economy in for good times, says Morgan Stanley

Ø  REC stake sale on Wednesday; govt to get about Rs 1,600 cr

Ø  India Inc’s investment plans at four-year high

Ø  Every legitimate demand cannot be termed tax terrorism:FM

Ø  RBI favours caution in fully opening up debt market to foreign investors

Ø  Sebi mulls new norms for changes in Sensex, Nifty

Ø  Aditya Birla group plans mega retail merger via share swap

Ø  Banks will continue to face profitability, loan quality pressures: Crisil

Ø  Unseasonal rains to push CPI inflation to 6% in Q2: Nomura

Ø  NTPC aims to have zero coal imports in next 5 years

Ø   Direct tax mop-up falls short by Rs. 19,028 cr in FY15

Ø  GMR-led consortium bags Rs. 5,080-cr rail project

Ø  Bajaj Auto bike sales down 22% in March  

Ø  RBI warns banks on forex costs offered to small businesses

Ø  BHEL net profit plunges 62% to Rs1,314 cr in FY15

Ø  Credit quality improves but recovery still slow: Crisil

Ø  Essar Oil crosses 0.5 mmscmd of coal bed methane output

Ø  L&T Construction bags orders worth Rs5,492 crore

Ø  Bosch declares lockout at Jaipur plant

Ø  India Inc pitches for rate cut; RBI may not oblige

Ø  Bharti Airtel to join e-commerce app domain, no charge for users

Ø  Centre to soon allot coal blocks to states, PSUs for commercial mining

Ø  Women directors: 32 PSU firms non-compliant with Sebi norms

Ø  Dena Bank, LIC sign MoU to provide life cover under PMJBY

Ø  Services growth eased slightly in March: HSBC

Ø  Oil Min allows ONGC to sell gas from small fields through bids

Ø  MOIL slashes manganese ore prices by up to 25%

Ø  Greece confirms it will repay loan due in April: IMF

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