Morning News Round-up:
Ø India to clock 7.5% growth in 2015-16, overtake China: IMF
Ø Rating upgrade depends on fiscal prudence: Moody’s
Ø Road Ministry books 1L tonne cement for contractors
Ø EU, Russia, Ukraine to resume trade talks next week
Ø France says Alcatel-Lucent can reconquer lost markets with Nokia tie-up
Ø ‘India-EU FTA would require compromises by all sides’
Ø Centre relaxes quality norms for wheat procurement in Haryana
Ø Week after RBI prodding most PSBs yet to cut base rates
Ø Flipkart pulls out of Airtel Zero, bats for net neutrality
Ø ACC’s PAT down by 41%, sales by 2.7%
Ø World Bank pegs India’s GDP at 8% by 2017
Ø NSEL refutes claims of influencing trading clients
Ø Vodafone invests Rs 4,000 crore in UP east circle
Ø Maharashtra considers overhauling PPP model for infra development
Ø Krebs Bio shares zoom ahead of Ipca Labs open offer
Ø Jaitley prefers lower interest rates; no divergence with RBI
Ø India to establish mechanism to aid German investment: Modi
Ø El Nino affects the Gangetic plain from Bihar to west Uttar Pradesh badly, finds study
Ø Vested interests trying to foil proposed settlement: NSEL
Ø Low oil price not to dent global project finance ratings: Report
Ø Sebi under fire over IPO bottleneck
Ø Zomato moves beyond reviews, acquires data firm MaplePOS
Ø DCB Bank Q4 net profit rises 61%
Ø Gateway Distriparks aims to list rail unit
Ø Educomp to change its business model, cut debt
Ø ICICI Bank reduces home loan rates by 25 bps to 9.9%
Ø Sebi allows Pune Stock Exchange to exit bourse business
Ø India tops in remittances, receives $70 billion: World Bank
Ø Rel Inds arbitration on gas pricing not valid, govt tells SC
Ø Govt to bring 18 steel products under quality control order
Ø Gas-based power units without PPA can vie for imported gas
Ø Oil ETF investors head for exit, risking new slump
Ø Temasek buys SVB India Finance for Rs 300 crore
Ø Bosch lifts lockout order at its Jaipur plant
Ø Swiss insurer Zurich mulls foray into Indian market
Ø Tata Motors makes Jaguar history in UK
Ø Business sentiment in India subdued for 2nd quarter: D&B
Ø Welspun Renewables inks pact with Germany’s iPLON
Ø Govt-led projects to drive IT services spend in Gulf countries
