Morning News Round-up:

Ø  India secures top-most rating for fin mkt regulations

Ø  Telecom Comm finalises views on spectrum sharing

Ø  Greece gets wake-up call: coming week may seal fate

Ø  Government scraps import duties on AIDS drugs

Ø  EU tells Greece: Time’s up, no more gambling

Ø  EU regulators see harm in GE’s Alstom power deal

Ø  Hardy in talks to buy out RIL stake in GS-1 block

Ø  ABG close to selling controlling stake to Privinvest
 
Ø  Ambani company gets loan restructuring package

Ø  S&P downgrades Greece after IMF repayment delayed

Ø  Less appetite likely for rupee-linked bonds abroad

Ø  World oil demand to jump after price slump:IEA

Ø  R-Infra’s Mumbai Metro refinances Rs 1,650-cr debt

Ø  Insurers may not pay for Nestle’s losses

Ø  Tata Power talks to lenders to refinance Mundra UMPP loans
Business Line
 
Ø  China’s move to release reserve stocks unnerves cotton trade

Ø  Nestle approaches Bombay HC against FSSAI, FDA order

Ø  BSE to launch govt bonds in demat mode

Ø  Govt to hike Cairn’s Ravva field gas price by 20%
 
Ø  Tata Group likely to invest in Electrosteel Steels

Ø  Jagran Prakashan completes acquisition of Radio City 
 
Ø  RBI allows NRIs to invest in chit funds on a non-repatriation basis

Ø  HUL to withdraw Knorr noodles pending FSSAI approval

Ø  Tata Group makes additional investment in solar cell maker Flisom

Ø  PSU banks need more govt funds than budgeted: RBI deputy

Ø  Novartis India arm says unaware of any delisting plan

Ø  Sensex plunges by 470 points, Nifty cracks 8,000-level

Ø  Tata Steel shares decline as British Unions plan strike

Ø  Indian Angel Network invests USD 350,000 in AdStringO Software

Ø  Sandoz Inc recalls India-made anti-allergic tablets in US

Ø  Unitech plans to raise Rs 200 cr for ongoing housing projects