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Morning News Round-up:

Morning News Round-up:

Ø  Foreign portfolio investors may get MAT relief

Ø  China to invest massive PF in volatile stock markets

Ø  RBI likely to go for 25 bps rate cut in Sept: HSBC

Ø  India to gain from policy of global alignment: Goyal

Ø  German Pharma firm Merck to shut down B’lore GeNei

Ø  Bandhan becomes India’s first private bank in 11 yrs

Ø  USL, Kingfisher Airlines face fine for listing violations

Ø  EPFO’s equity investment depends on performance: Bandaru Dattatreya

Ø  Agri Min pushes for hike in import duty of edible oils

Ø  Taking legal advice on EU’s medicine ban: Comm Secretary

Ø  Govt approves development of 50 solar cities

Ø  India’s US govt securities holdings touch high at $117 bn

Ø  Yes Bank to decide on $1 bn share sale in H2

Ø  ‘India moving fast to resolve tax disputes with foreign entities’

Ø  FPIs pull out Rs. 1,943 cr from stock markets this month

Ø  ESIC cover for 4.3 crore workers in unorganised sector

Ø  Piramal to invest Rs 200 cr in Dhobi Ghat project 

Ø  Nestle plans to bring back Maggi noodles by year-end

Ø  Godrej to tap rural markets for household insecticides 

Ø  Sebi board to discuss P-Notes issue on Monday

Ø  Indian Oil stake sale to aid govt post best first half in 7 years

Ø  OVL shortlisted for Mexican oil bid round

Ø  GAIL in talks with Iran to revive decade-old LNG deal

Ø  Oil minister Pradhan to sign MoU for oil pipeline with Nepal

Ø  Irda chief urges firms to redesign products, offer simpler policies

Ø  First set of tax sop phase-out in public domain soon: FM

Ø  DRDO ties up with Ramdev to market supplements, food products

Ø  Sebi allows 59 entities to square off existing positions

Ø  Call drops: TRAI to probe tariff plans, issue draft paper

Ø  UK Met Office loses weather service contract with BBC after almost 100 years

Ø  Yuan rout starts to infect emerging market currencies

Ø  Tapping a Rs 1 lakh crore savings deposits opportunity

Ø  JSPL may bid for ore mines in Odisha

Ø  Pension biz of life insurers plunges 90% to Rs 2k cr in FY15

Ø  Inox to invest Rs 320 cr in 3 yrs, eyes regional acquisitions

Ø  Telecom firms better placed to operate payments banks

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