Morning News Round Up :

Ø  Nasdaq drops 3 pc, worst day since November 2011 

Ø  Easy monetary policy cause of sickness, not medicine:Rajan

Ø  RBI panel recommends benchmark for floating rate

Ø  Suzlon to sell Rs 1,000 cr of non-core local assets

Ø  iGate Q1 Net declines 9% to $31.6 million

Ø  Symphony Teleca to acquire Aditi Technologies

Ø  FIIs need RBI nod to buy further shares in IndusInd Bank
 
Ø  Sebi to extend trade in currency segment

Ø  Issuing guidelines on crowd-funding soon: SEBI

Ø  Vedanta’s oil, zinc output up in FY14; iron ore, copper down

Ø  Tatas may invest Rs 2,000 cr more in Tata Tele

Ø  RBI asks banks to draw up policy for property deals abroad

Ø  BSE, NSE announce trading holiday on April 24

Ø  Tight money policy: outlook turns bearish for commodities 

Ø  Piramal to sell Vodafone stake for Rs. 8,900 cr

Ø  Republicans block US Senate Bill on gender pay gap

Ø  Ratnakar Bank gets Rs. 328-cr capital infusion 

Ø  Ramco Systems plans to raise Rs. 123 cr from rights issue 

Ø  World Bank finalising plans to lend $2.7 bn to Bangladesh 
 
Ø  Debt-equity ratio of Indian corporate sector very high

Ø  Policy concerns force GE to shift focus from India to B’desh

Ø  Rupee closes 7 paise stronger against dollar at 60.07

Ø  MCX decides not to issue preferential shares

Ø  Natco moves to oppose Gilead hepatitis C drug patent in India: Report

Ø  Sebi clamping down on illegal money pooling schemes

Ø  GAIL plans Rs 2,600-cr tyre rubber plant in Gujarat, to take on RIL

Ø  Indian investors expect major stock market rally this year: Franklin Templeton survey

Ø  Social enterprises in India received $1.6 bn in 14 yrs: Report

Ø  Private sector feels India is a difficult place for biz: WB

Ø  Tata Motors hits record high; Citi raises target

Ø  New govt to decide on FDI relaxation in construction, railways

Ø  Billionaire Adani prospers as Modi stresses development