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Morning News Round Up :

Morning News Round Up :

Ø  Big US banks must boost capital by $68 bn under new rules 

Ø  Mark Mobius expects 15-20% returns from Indian markets

Ø  India’s growth likely to recover to 5.4% in 2014: IMF

Ø  Oil regulator seeks consultants to set RIL margin

Ø  Oil India raises $1000 million in two tranches

Ø  IMF cuts Russia GDP growth forecast, sees downside risk on geopolitical uncertainty
 
Ø  Sun Pharma-Ranbaxy deal may come under Sebi scanner

Ø  Now, GMR’s Philippine project flies into trouble

Ø  IT, petrochemicals, healthcare to spur India-GCC trade

Ø  ABB, Power Grid enter into $18 million deal

Ø  Bharti Airtel, MTN to provide mobile money service in West Africa

Ø  Maruti Suzuki to decide on formally recalling DZire

Ø  Tech Mahindra working on driverless cars and drones

Ø  India likely to see weak economic growth, says OECD 

Ø  Commodity exchanges turnover falls by 41% 

Ø  Suez Environnement bags three water treatment projects worth ₹505 crore 

Ø  China approves sale of Nokia handset business to Microsoft

Ø  Rajat Gupta asks court to rethink order to pay $13.9-mn penalty  
 
Ø  Gold climbs, dollar slides on Ukraine; US stocks extend drop

Ø  Takeda, Lilly jury awards $9 billion over hiding Actos risks

Ø  Holcim, Lafarge seek disposals for $40 billion merger backing

Ø  Sun Pharma buys Ranbaxy to create generics giant

Ø  Suzlon’s German unit to get €850 mn as working capital from 14 banks

Ø  Piramal OTC unit to sell Merisant’s sweetener Equal in India

Ø  GVK Hancock’s $10-bn Oz coal project gets nod

Ø  Banks well-positioned to cope with US tapering: Moody’s

Ø  Queensland court gives conditional clearance to GVK Coal project

Ø  NSEL settles Rs 330 crore of Rs 5,500 crore dues in 33 weeks

Ø  NZ’s Steel and Tube to acquire Tata Steel unit

Ø  Coal India signs 160 fuel supply agreements with power plants

Ø  BOJ stands pat, keeps upbeat view despite Japan slowdown

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