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Morning News Round-up:

Morning News Round-up:

Ø  US Federal Reserve keeps rate unchanged

Ø  Shaken by LIBOR scam, India to tweak key rate

Ø  Greek talks failure would be ‘extremely serious’ for Europe: Paris

Ø  Govt approves FDI worth Rs 4,000 cr by 4 pharma cos

Ø  India emerges as UK’s 3rd largest FDI source in 2014

Ø  Airtel’s tower sale pact with Helios falls through

Ø  Fitch rates NTPC’s proposed $4-billion notes secure

Ø  Govt hikes pulses MSP sharply to boost output, check prices

Ø  Tata Steel workers suspend industrial action until Saturday

Ø  Cipla, BMS settles patent dispute

Ø  Bandhan gets final RBI nod, to start bank on August 23

Ø  Cairn struggles on Rs 20,494-cr I-T notice; may impact Vedanta merger

Ø  Sebi to initiate fresh proceedings in NSEL scam

Ø  Torrent Pharma gets FIPB nod to raise FII limit to 35%

Ø  Govt approves 16 FDI proposals worth ₹ 6,751 cr

Ø  Dumping duty imposed on nylon tyre cord fabric imports from China

Ø  Investors still positive on India, says BofA-ML survey

Ø  MCX employees bid for Metropolitan SE warrants

Ø  ONGC Videsh to invest $400 mn for exploration activities in Kazakhstan

Ø  Govt ramps up solar power capacity target by five times

Ø  RBI’s action on Basel-III norms draws praise

Ø  Big deals strengthen in 2015, worth $14bn so far: report

Ø  IFC invests $35 million in PTC India’s infra financial firm

Ø  Trina Solar plans $500 million India plant amid US, Europe ban

Ø  Finance ministry sets up two panels for roll out of GST from April 2016

Ø  Sensex up 146 pts; extends gains for 4th day on value-buying

Ø  Govt approves Rs 7,529-cr highway projects in Maharashtra

Ø  Govt clears transfer of land for defence research centre

Ø  Rs 2.5 lakh cr worth of equity issuances in pipeline

Ø  6.5% interest subsidy on housing loans for poor

Ø  GP Petro ties up with Repsol to launch premium lubes

Ø  Oil firms may be allowed to explore shale under NELP round

Ø  HDFC Bank cuts lending rate by 0.15%

Ø  State Bank of Bikaner & Jaipur cuts base rate to 9.95%

Ø  ACC resumes limestone mining operations at Bargarh

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