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

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