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
