Morning News Round-up:

Ø  Finance ministry, RBI agree on monetary policy panel

Ø  S&P lowers outlook on EU to negative from stable

Ø  Land Bill: Panel agrees to withdraw 6 amendments

Ø  Rating agency ARC ratings affirms ‘BBB+’ rating on India

Ø  Greece’s battered economy threatens to sink further

Ø  90,000 acres land acquired for Polavaram irrigation project

Ø  NTPC to reduce dependence on fossil fuels to 56%

Ø  Hero MotoCorp Q1 net up 33% at Rs 750 cr

Ø  ‘India could be topmost gainer with lifting of sanctions in Iran’

Ø  FTIL proposes to loan Rs 50 cr to NSEL

Ø  BSE puts off multi-legged order facility indefinitely

Ø  Sundaram Finance to sell its 49% stake in BNP Paribas Sundaram Global Securities

Ø  MF inflow in equity markets drop by 58% to Rs 4,300 cr in July

Ø   Airtel acquires YTS for mobile payment solutions

Ø  FinMin to give Rs. 1,300 cr kerosene subsidy 

Ø  Punj Lloyd bags Rs. 477-cr tankage order 

Ø  Euro slips as Greek stocks tumble; investors await key US data

Ø  First advance pricing agreement with rollback facility signed

Ø   Dr Reddy’s domestic business strategy pays rich dividends 

Ø  RBI may opt for status quo on policy rate

Ø  CSIR prevents UK company from patenting ancient hair loss formula

Ø  Sebi seeks fresh clarifications on IndiGo IPO

Ø  Mudra sanctions loans of Rs240 crore to MFIs

Ø  Biocon gears up for US generics push

Ø  HCL Tech Q4 profit drops 2.8% to Rs1,783 crore

Ø  Sensex closes 72 points up, banking stocks rally; Nifty settles at 8,543

Ø  E-commerce rakes up $2.68 tn in China despite slowdown

Ø  Bajaj Auto sales inch up 3% in July

Ø  Bharat Forge Q1 net grows 34.7% to Rs 195.32 cr

Ø  UAE company gets Supertech’s Rs 500 cr Gurgaon contract

Ø  Indian Bank revises FCNR(B) interest rates

Ø  United Bank Q1 net profit slips 20%

Ø  HSBC unit hikes stake in Ceat to 5.64% with off mkt purchase

Ø  BGR Energy revenues jump 41% in Q1

Ø  HFCL Q1 net profit jumps 62% to Rs 112 cr

Ø  JK Cements Q1 Net nosedives over 99% to Rs 16 lakh

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