Morning News Round-up:

Ø  Food inflation not much correlated with monsoon: Study

Ø  Govt, RBI to fast-track foreign inflows into AIFs

Ø  Sebi to clamp down on broker-promoter nexus

Ø  JK Tyre leads race for Rs. 2,000 cr Birla Tyres deal

Ø  Sahara contained world’s largest freshwater lake

Ø  ABCIL gets nod for merger with Grasim Industries

Ø  BRICS nations to chart out common economic strategy for trade

Ø  Greeks say ‘No’ to bailout, show partial poll results

Ø  Apex life insurance body apprehends PMJJBY viability

Ø  GST, land bill necessary for 8-10% growth: Arun Jaitley

Ø  Deutsche Bank’s $1 billion investment faces fresh probe

Ø  Subdued demand hits NMDC; cuts iron ore rates by 30% since Jan

Ø  Chhabria’s ABD to acquire Tilaknagar Industries

Ø  10 m tonnes of coal will be auctioned to power sector: Goyal

Ø  China’s brokerages pledge to buy $19.3 bln in shares to stabilise market

Ø  BSE sets new norms for bidding in OFS segment

Ø  NTPC, PTC India allowed dollar-linked tariffs for new solar projects

Ø  SAT defers Reliance Ind case to Aug 12

Ø  L&T delivers indigenously designed reactor for nuclear plant

Ø  Europeans tried to block IMF debt report on Greece: report

Ø  NSE plans to seek board approval for listing

Ø  Maruti to set up new retail outlets to sell premium products

Ø  Adani Gr to set up solar park in Tamil Nadu for Rs4,536-cr

Ø  SBI Group’s share in debit card payments touches 25% in FY15

Ø  Sterlite to invest Rs400crore on optic fibre project

Ø  Black money compliance window: Now, overseas stash can be declared online

Ø  Top 8 Sensex companies add Rs 25,217.48 cr in market valuation

Ø  Bharti Airtel blames lack of mobile towers for frequent call drops

Ø  New GDP numbers based on scientific methodology: NITI Aayog’s Arvind Panagariya

Ø  DoT panel against Facebook’s Internet.Org

Ø  Low inflation offers scope of RBI rate cut to boost growth: SBI

Ø  Undue benefits of Rs 156 crore provided to IT companies: CAG

Ø  FPIs net inflows plunge to Rs 547 cr in June qtr

Ø  Bandhan to start banking operations from Aug 23

Ø  China’s stock market crash may derail govt’s economic reforms

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