Morning News Round-up:

Ø  Bank credit grew at 10.16%; deposits up 11.85%: RBI

Ø  G7 finance chiefs ponder flagging growth, Greek risk

Ø  Swiss sign automatic info exchange pact with EU

Ø  Indian economy poised to grow at 9-10% in med-term: CII

Ø  Dollar hits 8-year high vs yen, euro slips

Ø  China’s slowdown leaves Tata Motors nursing wounds

Ø  Max Life pegs its embedded value at Rs 5,232 cr

Ø  Fearful of retro tax, PEs demand indemnity from cos

Ø  MCX seeks Sebi nod to raise stake in MSEI
Ø  CAG to audit coal e-auction, results in 6 months

Ø  Public debt rises 0.9% in Jan-March quarter

Ø  RBI may cut repo rate by 25 bps on June 2: Assocham

Ø  Mallya to face the heat as MCA, I-T Dept begin probe of USL

Ø  Sebi may halve minimum investment size for startup platform

Ø  Claris’ sale plan may hit roadblock as USFDA slams form 483 to its facility

Ø  GAIL Q4 net profit falls 47%

Ø  Sugar industry needs more than export subsidy for turnaround

Ø  Infy hopeful of meeting $20-bn revenue target by 2020: Sikka

Ø  IRDA slaps Rs. 65 lakh fine on India First Life Insurance

Ø  Vedanta to work with Govt to lift cap on Goa iron-ore output

Ø  Novartis India Q4 net jumps to Rs. 51.94 cr 
Ø  FIIs sell most in equity and debt since August 2013

Ø  Tata Motors tumbles most in 16 months on disappointing Q4 results

Ø  Global green bond market touched $37 bn in 2014: Moody’s

Ø  F&B to become a Rs 3.8 tn industry by 2016-17, says study

Ø  Vox Media to buy technology site Re/code

Ø   High job potential sectors to be opened up for FDI: PM Narendra Modi

Ø  United Spirits March quarter loss at Rs 1,799 cr

Ø  India, Japan to solve bilateral tax issues soon.

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