Morning News Round-up:
Ø Deadline for exchanging pre-2005 banknotes extended by 6 months
Ø Rains cover entire nation; surplus increases to 28%
Ø Iran talks may miss June 30 deadline : US
Ø Govt to revive sick power distribution cos: FinMin
Ø No question of diluting stake in Jet Airways: Goyal
Ø Government considering hiking FDI limit for media sector
Ø Tech Mahindra signs 50 million pound ten-year healthcare deal in UK
Ø Banks staring at Rs 53k cr of discom NPA
Ø Rising corporate leverage alarms RBI: FSR report
Ø Centre proposes Rs 8.50 lakh cr investment in railways in five years
Ø Private PF trusts can invest 5-15% in equity markets
Ø MFs file papers with Sebi for 100 new offerings in 2015
Ø Gujarat Alkalies & Nalco to set up caustic soda plant in Dahej
Ø Central fund only for infra projects in smart cities; no timeframe yet
Ø Creditors set bailout ultimatum for Greeks
Ø EPFO to start equity investments in July
Ø Steel companies feeling the heat as projects face hurdles
Ø RBI permits banks to borrow from global institutions
Ø Bharti Enterprises buys minority stake in OneWeb
Ø Goa Shipyard bags ₹32,000-crore Defence order for 12 minesweepers
Ø Stressed assets continue to rise, but may decline by FY16 end: FSR
Ø Government proposes major overhaul of labour laws
Ø Law ministry advises RBI to share banks inspection report
Ø Finance ministers of 57 countries to ink pact on AIIB on Monday
Ø Manpasand Beverages IPO subscribed 36% on second day
Ø BSE Sensex rises 166.30 points to close at 27,895.97, NSE Nifty ends at 8,398
Ø Investments in India can now be committed without delay: FM Arun Jaitley
Ø Smart cities to be decided by citizens: PM Narendra Modi
Ø Aviation ministry clears proposal for new airport in NCR
Ø ICICI Bank cuts base rate by 0.05 bps to 9.70 pct
Ø India pledges $1 billion for Nepal’s reconstruction
Ø Govt wants CIL to keep coal prices low
Ø Nestle boss trying to restore firm’s image after India ban
Ø Infra fund to include major stake from non-govt sources
Ø State-run pension fund to start buying shares as Modi pushes reform
Ø India to see cyclical upswing after rate cuts: Jayant Sinha
