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Morning News Round-up:

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

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