Morning News Round-up:

Ø  India poised for better economic growth: OECD

Ø  Govt cuts proposed fines on auto cos for faulty vehicles

Ø  Roaring labour costs in China may push investors to India: Report

Ø  US jobless claims up; 4-wk average lowest since 2000

Ø  India M&A deals up 26 per cent in Q1 at $5.6 billion

Ø  Mumbai court orders filing of FIR against EIH board

Ø  Biocon gets approval for insulin Glargine in Mexico

Ø  Fitch retains India’s credit outlook at ‘stable’

Ø  Govt suspends Greenpeace India’s licence, freezes all bank accounts

Ø  Govt to re-introduce technology upgradation fund for textiles

Ø  Sebi eases rules for foreign investment in govt bonds

Ø  Three French banks refuse to fund Adani project in Australia

Ø  India may renew US firm’s contract after air safety ranking upgrade

Ø  CCI approves Max India demerger plan

Ø   Madras HC appoints arbitrator for Suzlon-Indowind dispute

Ø   LNG, oil tankers diverted from Yemen amid turmoil: sources

Ø  China to cut iron ore tax in new blow to glut-hit prices

Ø  Aurobindo Pharma gets USFDA nod for Atracurium Besylate Injection

Ø  Man Infraconstruction bags Rs 105-cr order from Pipavav Port  

Ø  Telecom regulator cuts rates for mobile calls, SMS on roaming

Ø  India’s $33 bn cost overruns spur Srei Infra to scout for deals

Ø  Moody’s upgrades outlook for 12 PSUs to positive

Ø  Satyam fraud: Ramalinga Raju gets 7 years in jail

Ø  LinkedIn to buy online education firm for $1.5 bn

Ø  India not out of inflation woods: RBI chief Raghuram Rajan

Ø  Indian factory output likely slowed again in Feb, March inflation subdued

Ø  Inox Wind to make stock market debut today

Ø  Railways achieves over 99% of FY15 estimated revenue target

Ø  India not out of inflation woods: Rajan

Ø  Modi says small bizmen drive economy, not large cos

Ø  Cipla to acquire Brazil’s Duomed Produtos for Rs 2.6 crore

Ø  Cos’ revenue growth to slip to 2.5 pc: Crisil

Ø  Urban Ladder raises over Rs 300 cr funding

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