Morning News Round-up:
Ø Govt to award 273 road projects of Rs 1.26 lakh cr in FY’16
Ø ICICI to sell Rs 1,000-cr NPAs from Tulip, Falcon
Ø IMF says ECB may need to extend money-printing
Ø HSBC lowers 2015, 2016 gold price forecasts
Ø RBS in talks to sell Indian banking unit to Sanctum
Ø India to sell high-grade iron pellets to Iran as ties strengthen
Ø Glenmark’s Finacea generic infringes Bayer patent
Ø RBI eases cash delivery via Liquidity Adjustment Facility
Ø Revival signs in IPO market; pricing much better now: Sebi
Ø 4G bandwagon: Airtel to roll out services before Reliance Jio
Ø India can save upto Rs 74,000 cr with crude oil basket at four month-low
Ø Power Grid approves Rs 307 cr investment for transmission proj
Ø Infosys to set up 7 MW solar plant at Hyderabad campus
Ø P-Notes: Govt will not take any steps that will impact investment, says Jaitley
Ø TechM Q1 profit rises 7% to ₹676 crore on forex gains
Ø CBDT raises cost inflation index by 5.57% for 2015-16
Ø Rajesh Exports buys Valcambi for $400 mn in cash
Ø Bharti Land, Eros Group tie up for ‘smart township’
Ø Currency derivatives: NSE move to curb self-trade
Ø Govt to soon notify a central KYC registry to link all identities
Ø MRF Q3 profit surges 94% to Rs447 crore
Ø Steel firms cut prices as imports pour in
Ø Ambuja cement Q2 profit declines 45% to Rs226.35 crore
Ø Banks to take control of Electrosteel Steels invoking SDR rules
Ø Rajasthan offers to sell its power projects to NTPC
Ø Reserve Bank of India to pause on August 4; 50 bps cut likely in early 2016: BofA-ML
Ø Axis Bank cuts bulk deposit rates by 25 bps
Ø Rs 200-crore illegal gratification transferred to Kalaignar TV: ED to court
Ø BSE Sensex falls over 450 points, Nifty below 8450 on P-Notes concerns, global cues
Ø McGraw Hill to buy SNL Financial for $2.23 bn
Ø Govt signals retreat over plans to clip RBI wings
Ø PFC stake sale subscribed over 2 times
Ø AUM of equity MFs climbs 55% to Rs 3.72 lakh cr
Ø Tata Opportunities to invest `335 crore in Tata Projects
Ø Govt plans unified insurance product for farmers
Ø Aurobindo gets nod for Esomol Hydrochloride Injection
