Morning News Round-up:

Ø  ICICI Bank may sell Home Finance arm for Rs 4,400 cr

Ø  Wipro Digital to acquire Denmark design firm Designit

Ø  India to beat China again as fastest-growing in 2016: IMF

Ø  US jobless claims rise to highest level since Feb

Ø  India overtakes China in high-end phone volume growth

Ø  Deadline puts Greece’s euro membership, debt on table

Ø  P&G to sell beauty business to Coty in $12.5 bn deal

Ø  NYSE crash: Sebi, exchanges review risk management systems

Ø  A China-like rout is unlikely on Dalal Street anytime soon

Ø  JSW in talks to buy Monnet Ispat’s Odisha power plant

Ø  Modi proposes 10-point initiative for BRICS nations

Ø  IDFC to apply for final bank licence July 10

Ø  Sebi should not dilute RPT norms, says IiAS

Ø  TCS posts 13% rise in Q1 net, beats estimates

Ø  Despite signs of revival, cement demand remains weak 

Ø  Restore systemic failure in 4 hours: regulator to DPs 

Ø  1:1 bonus from Aurobindo 

Ø  Bombay Dyeing gets nod for sale of Pune unit 

Ø  PMC Fincorp board approves 1:1 bonus issue 

Ø  Banking exposure to stressed firms up 85% since FY12: UBS

Ø  Bandhan Bank strikes deal to raise Rs.1,500 cr

Ø  RBI introduces prepaid cards for mass transit systems

Ø  Aditya Birla Nuvo enters solar power business

Ø  Bajaj Corp Q1 net up 19.94% at Rs.47.51 crore

Ø  JSW Energy in pact to acquire Monnet Power

Ø  BSE Sensex closes 114.06 points down to 27,573.66, NSE Nifty below 8,350

Ø  Lenders nod to Bhushan Steel for Rs 30K cr loan restructuring

Ø  Arun Jaitley hopeful of GST bill passage in upcoming Parliament session

Ø  Indian Angel Network invests Rs 3.84 cr in Infinity Assurance

Ø  BRICS Bank to keep borrowers’ interest in mind: Kamath

Ø  Wipro to acquire Designit for 85 million euros

Ø  Indian business dreads lifting of Iran sanctions

Ø  Govt to create 50 lakh jobs in highways, shipping

Ø  Income Tax Dept eyes Rs 2.56 lakh cr tax mop up from Mumbai in FY16

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