Morning News Round Up :

Ø  Kotak, Tata Capital, Reliance Capital, CME shortlisted bidders for MCX stake: Sources

Ø  Wipro gets BSE, NSE approval to merge subsidiaries with itself

Ø  Tata Steel’s India production and sales reaches a new record in 2013-14

Ø  Glenmark gets $5 mn milestone payment from Sanofi

Ø  FIIs allowed to buy up to 55% in Jubilant FoodWorks

Ø  Cadila, Zydus to settle patent infringement case with Depomed
 
Ø  Diageo to spend Rs 11,448 cr for another 26% in USL

Ø  Retail inflation rises to 8.31% in March

Ø  Growth continues to elude Infosys, despite robust deal pipeline

Ø  Punj Lloyd wins Rs 3,254 cr award to develop Libyan city infra

Ø  Lodha buys Mumbai land for Rs 1,154 crore

Ø  Policies not political party to decide sovereign ratings: S&P

Ø  MCX-SX equity volumes plunge 99% sans incentives

Ø  United Spirits shares surge as Diageo makes Rs. 11,450-cr open offer to hike stake

Ø  Sacked Maruti Manesar workers claim ‘recapture’ of union 

Ø  EU lawmakers complete financial system overhaul

Ø  Etihad Airways’ Q1 income jumps 27% to $1.4 bn

Ø  Leyland launches LCV ‘Partner’; price starts at Rs. 8.73 lakh

Ø  AstraZeneca Pharma defers delisting; stock drops 
 
Ø  Ranbaxy’s woes add $900 million in costs for heart drug

Ø  Nestle reports slowest first quarter sales growth since 2009

Ø  NSE alleges software trademark violation; sues domain registrar

Ø  SpiceJet, IndiGo merge fuel surcharge to base fare

Ø  RIL commissions new polyester filament yarn facility in Silvassa

Ø  Infosys beats expectations, logs Rs 2,992 cr profit in Q4

Ø  Zebra Technologies Corp says to buy Motorola Solutions’ enterprise business for $3.45 billion

Ø  RBI rate cuts unlikely before March next: BofA-Merrill Lynch
 

Ø  High interest rates responsible for rising bad loans: Moody’s

Ø  Bourses may shift 7 scrips to normal trading: Sebi

Ø  India’s services exports in Feb at $ 13.16 billion

Ø  Over 14,000 MW hydel capacity under execution in India: CEA