Morning News Round-up:


Ø  EPFO to deduct TDS on PF withdrawals in some cases

Ø  Warburg-General Atlantic in lead to buy Sharekhan

Ø  R-Infra eyes Rus partner for subs, ships at Pipavav

Ø  Income inequality in India lowest among peers: OECD

Ø  RBI allows cos to borrow in Rs offshore from overseas lenders

Ø  Airlines under CCI scanner; face cartelisation probe

Ø  Govt to invest Rs 10,500cr on urea plants in Jharkhand

Ø  Government relaxes FDI norms for NRIs, PIOs, OCIs

Ø  IDFC Bank will generate profit from Day 1: Rajiv Lall

Ø  ONGC, Cairn to spend up to Rs 6K cr on Nagayalanka block

Ø  Strides Arcolab acquires Aspen’s generics biz in Australia for A$ 380 mn

Ø  UP FDA tests more samples of Maggi after ordering recall

Ø  Shipping Corp Q4 profit jumps over seven-fold to Rs 102 cr

Ø  Titan beats Tata Steel in market valuation

Ø  Bajaj Auto net profit falls 18.6% to Rs. 621.62 cr; to payRs. 50/share dividend

Ø  Crude oil, natural gas production down in April

Ø  Singapore investors willing to fund projects in AP

Ø  Adani lines up buyers for coal from Australian mine

Ø  BS to hike authorised share capital to facilitate acquisitions

Ø  Essar not interested in Nokia’s Chennai plant

Ø  Investments by overseas Indians won’t count as FDI

Ø  China, India and Russia to be top 3 shareholders of AIIB: report

Ø  Cadila Healthcare near deal to buy Claris for Rs3,400 crore: report

Ø  Zee Entertainment March quarter profit up 7.4% to Rs231.9 crore

Ø  US-India Business Council Concludes Successful Digital Economy Mission

Ø  UltraTech cements spot with Jaypee unit buys

Ø  Narayana Murthy: Involve rural population in low-tech manufacturing

Ø  Pacific Controls Launch Future Ready Communication Protocol for IoT Edge Devices

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