Morning News Round Up

Ø  Fertiliser subsidy arrears at end of 2013-14 are Rs 30K cr

Ø  M&A deals inch up 2.8% to $5.2 billion in Q1

Ø  CMC’s fourth-quarter profit rises 45.8 % to Rs 89.43 cr

Ø  Govt can take charge of FTIL on proof of scam: CorpMin

Ø  Fitch upgrades Tata Steel outlook to stable

Ø  Corp downgrades dip, but stress to continue: ICRA
 
Ø  US signs $1 bn loan guarantee for Ukraine

Ø  India-Asean services FTA in limbo over retail FDI

Ø  ONGC may save up to $800 mn if it uses RIL’s KG set-up

Ø  Stronger coalition doesn’t guarantee faster GDP growth

Ø  LIC trims stake in Infosys to 3.25%; garners Rs 850 cr

Ø  Trading volumes in govt bonds jumps 200%

Ø  Sugar export sops will continue, India tells WTO

Ø  MindTree to consider bonus issue

Ø  Lupin recalls two lots of drug Suprax in US market 

Ø  NCDEX to launch chilli contract with direct delivery facility 

Ø  NMDC to start trial production at Donimalai pellet plant soon 
 
Ø  India, China hold strategic dialogue, hail momentum in ties

Ø  India to expand irrigation to cut reliance on monsoon

Ø  NHPC wants Centre to recover dues from J&K’s Plan allocation

Ø  Jaypee to sell assets worth Rs10,000 crore to pare debt

Ø  Pharma sales to rise by over one- fifth in March quarter

Ø  FY15 trade deficit likely at $153 bn; CAD at $46.7 bn: Citigroup

Ø  Mahindra ShubhLabh signs JV with Belgium’s Univeg to market fruits

Ø  As Internet penetration soars, digital universe seen at 44 tn GB by 2020: EMC
 

Ø  Oil ministry seeks more flexibility for exploration companies

Ø  DRL in legal tangle for Novartis’ Gleevec drug

Ø  Ambuja Cements to invest Rs 802 cr on expansion this year

Ø  Nikkei slips to new 6-month low on Wall St slide, Ukraine jitters

Ø  GSK faces bribery investigation in Poland: report