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Morning News Round-up:

Morning News Round-up:

Ø  ‘Swiss move gives enough hints of action to follow’ 

Ø  Govt to erase offset clause to push defence deals

Ø  SIT may allow compounding where original HSBC a/c holder is dead

Ø  Tatas may be roped in for Odisha defence unit

Ø  Govt forms 10-member panel to revisit PPP infra model

Ø  Exports of 6 key agr products record negative growth in FY15

Ø  US top court rules against Cisco Systems in patent infringement fight
 
Ø  Swiss govt names Yash Birla as a/c holder being probed

Ø  Tech Mahindra Q4 disappoint, net down 23% at Rs 427 cr

Ø  Tata Motors Q4 net dips 56% to Rs 1,716 cr

Ø  Trade unions officially declare national strike to protest labour reforms

Ø  Mutual funds slow down pumping money in stocks in May

Ø  Charter agrees to buy Time Warner Cable for $56 billion

Ø  DLF to pay Rs 80 cr to law firm for rescinding from agreement

Ø  ‘India’s adequate food stocks to help contain inflation’

Ø  Sugar industry needs more than export subsidy for turnaround 

Ø  Value of retail investor holdings in NSE firms hits record levels

Ø  Thermax Q4 net up 25% at Rs. 132 cr
 
Ø   Amazon starts declaring sales in UK, Germany, Spain, Italy

Ø  NHPC plans to raise Rs. 3,975 cr via loans, tax-free bonds 
 
Ø  RIL doubled its hedging in FY15 to shield against volatile crude

Ø  TVS Logistics to acquire Tatas’ DIESL
Ø  Additional 1% tax in GST may hurt Make in India: Arvind Subramanian

Ø  GMR Holdings to consider amalgamation with GMR Enterprises

Ø  Essar Oil profit falls 45% on inventory loss

Ø   Charter Communications buys US giant Time Warner Cable in $78.7 bn deal

Ø  Nokia withdraws plea to sell Chennai unit

Ø  Haldia account not to be an NPA for banks

Ø  Oil ministry dismisses Cairn India export plea

Ø   Centre targets $47.5-billion textile exports in 2015-16

Ø  Govt mulling proposals for urgent measures to perk up expo

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