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Morning News Round-up:

Morning News Round-up:

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Ø  Goldman Sachs sees oil tumbling by October

Ø  RCom in talks to buy Sistema Shyam in all-stock deal

Ø  PVR set to acquire DLF’s DT Cinemas

Ø  China PM in Brazil to unveil $50 bn investment

Ø  Aston Martin eyeing US for crossover SUV production

Ø  Banks may get nod to use gold for meeting CRR, SLR

Ø  Govt to sell new 10-yr bond on Friday; strong demand seen

Ø  Govt may do away with RBI approval for FDI

Ø  ONGC seeks green nod for Rs 53k-cr KG-basin infra

Ø  State-run banks line up QIPs to boost capital

Ø  Govt ignored internal warnings on MAT dispute

Ø  New service tax rate of 14% to come into effect from June 1

Ø  New limit for derivatives trading may benefit investors

Ø  Tata Steel denies reports it is near deal to sell UK plants to Klesch

Ø  NCDEX e-Market posts 100% growth in trade

Ø  Finance Bill 2015 receives Presidential assent 

Ø  Retail investors start flocking to market again: NSE data

Ø  Govt working to make India an easy place to do business: Modi

Ø  Syndicate Bank to raise ₹2,000 crore from capital market

Ø  Reliance Industries sells India’s first Formosa bond

Ø  Uptrend in MCX silver could resume after a slight pull back  

Ø  Opening up capital account may be inescapable: RBI official

Ø  Govt plans tax incentives on gold deposits

Ø  Colgate-Palmolive Q4 profit rises 23% to Rs163 crore

Ø  Govt subsidies forced US airlines out of India: Delta CEO

Ø  Vodafone full-year India revenue rises 12.6%

Ø  L&T Infotech considering acquisitions ahead of IPO

Ø  Zuari Group acquires additional 36.56% stake in Mnaglaore Chemicals

Ø  Vespa scooters now on Snapdeal; booking amount Rs 5,000

Ø  No Leave Travel Concession in case of posting in home town: Govt

Ø  Infosys to restructure sales force, eyeing $20 bn revenue target

Ø  Tata Motors gives Nano an ‘automatic’ makeover

Ø  Eureka Forbes eyes Rs 500 crore sales in air purifier market

Ø  India seeks clarity on sources of $100b climate fund

Ø  FIIs can now invest up to 49% in Glenmark Pharma

Ø  BJP never in favour of FDI in multi-brand retail: Jaitley

Ø  E-commerce to drive logistics sector growth

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