Morning News Round Up :

Ø  New gas prices to be effective from April 1 onwards: RIL

Ø  FinMin investigates Russian Bank for FEMA violation

Ø  Indian banks may not be able to cope with unexpected losses: IMF 

Ø  Crisil reaffirms ‘A1+’ rating on Ranbaxy bank facilities

Ø  SBI to raise $750 million to $1 billion overseas

Ø  Mars Inc to buy P&G’s pet food brands for $2.9 bn

Ø  CCI clears Torrent-Elder Pharma Rs 2,000 crore deal
 
Ø  Tel Comm to keep tab on all Trai recommendations

Ø  Etihad’s Sebi hearing: Airline denies violations during Jet stake buy

Ø  OIL first Indian firm to make $1bn bond sale programme

Ø  Suzlon sells Big Sky wind farm at a loss

Ø  Ranbaxy R&D centres gets US FDA nod

Ø  MCX drops preference issue proposal

Ø  JPMorgan, 3i likely to get equity stake of $200 mn in BF Utilities

Ø  Net slippages to be below peak levels for banks: Barclays 

Ø  RBI appointment referred to EC for approval

Ø  Clariant Chemicals completes acquisition of Plastichemix Industries

Ø  US FDA nod to keep Lupin on investor radars

Ø  Cotton planting in North India to be hit by delay in wheat harvest
 
Ø  Under selling pressure, producers offer sugar at discount 
 
Ø  Sensex closes at a new high of 22,702 as Sun Pharma, Ranbaxy surge

Ø  Toyota recalls more than 6 million vehicles; shares decline

Ø  Brokers seek Sebi probe of Ranbaxy trades before Sun Pharma deal

Ø  SC rejects Sahara’s plea to keep Roy under house arrest

Ø  Sun-Ranbaxy deal needs CCI clearance; company clarifies no insider trading

Ø  Indo-US tax talks stuck on acceptable profit margins

Ø  Indo-US tax talks stuck on acceptable profit margins

Ø  Better business environment ups India ECB borrowings at $4.3 bln in February

Ø  Major market rally unlikely as poll outcome already priced in

Ø  US moves OVL out of list of firms with Iran ties
 
Ø  Nod to HDFC Bank to raise FI limit may be delayed

Ø  Financial stability has improved in developed countries: