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Morning News Round-up:

Ø  Australian banks willing to fund Adani’s coal project

Ø  ‘Airtel Zero violates the principle of net neutrality’

Ø  Financial shocks may grow as liquidity shrinks: IMF

Ø  Greece government misses 2014 Budget deficit targets

Ø  Tech Mahindra inks $150-200 mn deal with Comverse

Ø  Food ministry for hiking import duty on sugar to 40%

Ø  BHEL inks pact with Russian firm for power plant

Ø  India, Canada seal uranium supply deal worth millions

Ø  Steel, oil turnaround to lift Essar group’s fortunes

Ø  India’s electricity generation crosses 1 trn units a yr, first time

Ø  Mumbai airport sells Mallya jet to scrap dealer

Ø  Petrol price cut by 80 paise per litre, diesel by Rs 1.30

Ø  Foreign investors can buy up to 49% in Eicher Motors

Ø  VRL Logistics’ IPO subscribed 62% on Day 1

Ø  ‘Australia wants to be India’s energy partner of choice’

Ø  Govt to auction ONGC’s oil fields to private companies

Ø  BASF India unveils its largest construction chemicals plant in Nellore

Ø  Tech Mahindra to take on board some employees of Comverse

Ø  Aurobindo gets USFDA nod to sell antibiotic oral suspension 

Ø  March WPI inflation declines 2.33%

Ø  Nokia to buy networks rival Alcatel for $16.6 billion

Ø  ECB holds key refinancing rate steady at 0.05%

Ø  ITC tries short cigarettes as taxes hit demand

Ø  HDFC Bank, the world’s most expensive bank, is a 20%-a-year growth

Ø  L&T Infra Finance to raise Rs100 crore through bonds

Ø  Ecommerce not a bubble, to grow to $50 bn by 2020: UBS

Ø   India builds first ‘smart’ city in Gujarat as urban population swells

Ø  ‘Full capital acct convertibility will make India leading eco’

Ø  Income Tax Dept publishes list of 31 big tax defaulters

Ø  FM Arun Jaitley wants interest rates lot lower; no difference with RBI

Ø  Foreign companies see turnaround in India, says CII DG

Ø  Dr Reddy’s in a legal tangle over patent

Ø  PFRDA to take view on Bajpai panel report in next 3 weeks

Ø  Strides Arcolab gets USFDA nod for bowel cleansing medicine

Ø  Raja misled Manmohan Singh on policy matters: CBI to court

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