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Morning News Round-up:

Morning News Round-up:

• Vedanta Knocks $3b Off Cairn Tag

• Modi Govt’s Graft Law Change Set to Cheer Babus

• Jindal, Ex-UPA Min Named in Jharkhand Mine Allocation Case

• Govt, Castleton Agree to Expedite Apex Court Hearings on Tax Row

• Govt Defends Preferential Promotion Policy for Army

• Maha to Block Profiteering From SEZ Land Sale

• Digital Payments Firm PayU Plans Rs 60-cr Advertising Campaign

• Japanese-led Firms Find Value in India’s Growth Story Now

• Infy Chief Ropes in Another SAP Hand for `Design’ Push

• ISRO Moves Closer to Unveiling Indigenous Cryogenic Engine

• Cabinet Clears Evaluation Policy for Oil, Gas Finds

• LIC’s FY15 Policy Sales Income Hits a 10-yr Low

• Smart Cities Project, AMRUT Get Nod

• Punters Cash in on Dollar-Euro Play With Bets on SEs

• Irda Plans to Trim Insurers’ Exposure to BFSI

• Foreign Funds Hold on to Quality Stocks Despite Lofty Valuations

• Citi, JPMorgan, Axis & 3 Others to Manage Narayana Health’s IPO

• ONGC Videsh Seeks Tax Parity with ExxonMobil

• Industrial Licence Validity in Defence Extended to 7 Yrs

• ₹ 1 lakh crore approved for urban renewal plan

• Filipino BPO, Blackstone in final race to acquire Serco India

• Murdoch- backed PropTiger buys Makaan

• House panel: Reliance Power ineligible for 3 UMPPs, calls for probe

• NCP to oppose land ordinance in Rajya Sabha

• Gas field development rules eased; to help Reliance, ONGC

• Companies may come under Prevention of Corruption Act

• Real estate Bill introduction deferred in RS

• Cairn india: ‘₹ 20K crore tax calculated on wrong principles’

• Piramal to launch ₹ 700- cr real estate fund

• Apollo White Dental to raise ₹ 75 crore on expansion

• Peesh Venture Capital launches ₹ 60- crore fund

• Jay Robotix to raise up to $ 5 mn from Indian, Singapore firms

• HDFC Bank sells ₹ 550 crore Essar Steel loans at 40% discount

• Oil shock: one-time Rs. 20,000-crore charge pushes Vedanta deep into red

• When MNCs are deep-freezing yogurt brands, home-grown start-ups are churning it up big

• Nod for policy on testing norms for NELP discoveries

• Coal to remain main fuel: Goyal

• More time given to build houses under JNNURM

• Green signal for 100 smart cities

• Nod for Bill to manage funds from forest land transfers

• IFC, PTC India to fund renewable energy projects

• Tata Power commissions 24 MW wind farm in Gujarat

• MedPlus to tap PEs for Rs. 450 crore

• Gati posts Rs. 11 cr profit in Q4

• DSK Benelli to drive in four more super bikes

• Rallis India to be buffeted by pressures on farm front

• 56% of world’s rural population has no healthcare access: ILO

• Cisco bets on $19-trillion ‘Internet of Everything’ opportunity

• Low tender bid for wagons puts Railways in a spot

• Rs. 480-cr PNC Infratech IPO opens on May 8

• Bajaj Capital forays into investment advisory services

• Subsidiary’s dispute to have $14-m impact on NIIT Tech

• Cotton body lowers output estimate on unseasonal rain

• WhatsApp turns a trading platform for Gujarat farmers

• Pulses import surges to record 4.1 mt

• 55% of vehicles do not have third-party cover: IIB chief

• Violation of KYC norms: RBI fines BoM, Dena Bank, OBC

• Max Life to sell ULIPs online

• LVB net up 90% in fourth quarter

• Singapore Air to start premium economy class on India services

• New black-money law will give those with foreign assets six months to come clean

• Govt approves $1 trillion urbanization plan

• Temasek raises bets on Indian pharma sector

• CCEA proposes three options for testing reserves of Nelp blocks

• Govt moves forward on relief for agriculture sector

• ONGC finds ‘significant’ oil, gas in KG basin

• Japan proposes new panel for nuclear talks, firms set to invest $3 billion

• BSE, two others plan CSR platform

• Raghuram Rajan overruled advisory panel on rate cut

• Fingernail-sized pest poses most serious threat to tomato crop

• CBI charges Naveen Jindal, 14 others in coal block allocation case

• Star Plus takes the top spot in Barc’s TV ratings

• Microsoft to allow Android apps on Windows phones: report

• Fed points to softer US labour market, weak economic growth

• PropTiger.com acquires Makaan.com to create common platform

• Motherson Sumi wins mega order to supply parts to Daimler

• Govt to create single industrial relations law

• Cabinet approves bill proposing Rs38,000 crore afforestation push

• Pimco hires Ben Bernanke as senior advisor to bolster star power

• No proposals under consideration to review FDI policy on e-commerce

• RBI fines three public banks for violating norms

• Iran’s oil exports rise in April after framework nuclear accord

• Flipkart acquires mobile marketing firm Appiterate

• French firm CMA CGM buys strategic stake in LCL Logistix

• Thailand unexpectedly cuts rate after growth forecast cut

• UK election: Cameron pledges to enshrine 5-year tax freeze in law

• Gold extends gains on positive global cues, seasonal buying

• Nehru’s urban revival to get Atal’s tag now

• Naveen Jindal charge sheeted by CBI in coal scam

• NTPC ready to step into Tilaya power project

• Maharashtra to reduce industrial power tariff

• US growth stalls on trade, investment slowdown

• Dollar slides to 8 week low as US growth falls

• Funds hang up on date with 30 year debt

• Mutual fund SIP count increases 18% to 73 lakh

• Gold import surge 87% in Q1: GFMS

• Gold demand drops 9% on soft Chinese buying

• Govt nod for Rs.1000 minimum monthly pension in perpetuity

• Barclays takes extra $1.2b hit for forex settlements

• M&A delas value touch $28.6 billion in 2014

• Bharti Airtel to invest $3 billion in FY16

• Motherson gets Rs.15400 cr orders from Daimler Group

• Bajaj Auto awaiting clearance for Quadricycle

• Microsoft looks to make a case for Windows10

• Kolkata chain plans 4 star hotels for devout

• RBI members find new GDP series puzzling

• Govt eases rule for gas field development

• CCEA okays hike in sugar import duty to 40%

• Amendments to company’s law Okayed by cabinet

• NTPC was second lowest bidder for Tilaiya UMPP

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