Morning News Round Up :
➢ Infosys Europe revenue cross $ 2 billion for 1st time
➢ Pfizer mulls $100 bn bid for AstraZeneca: Report
➢ US fund managers warn of risks from Western sanctions against Russia
➢ GM to invest $12 bn in China and plans more plants
➢ Reliance Cap highest bidder for 24% FTIL stake in MCX
➢ Govt to form Nuclear Insurance Pool to address liability issue
➢ Telecom may gain as DoT is recalculating 1x spectrum fee
➢ Ranbaxy’s journey as a co. to end after merger with Sun
➢ Govt to continue Rs 3,300 per tonne sugar export subsidy for April-May
➢ ‘Sebi norms on related party deals would pose difficulties’
➢ NMDC devises short-term plan for Tanzania gold project
➢ Hind Copper yet to secure NBW nod for mine expansion Business Line
➢ FIIs invest $1.3 bn in equities so far this month
➢ RIL divests 30% stake in Peru oil block
➢ Corporate governance: SEBI raises the bar with more stringent requirement
➢ US registers 32% jump in graduate applications from India
➢ Realty developers banking on post-election stable govt
➢ Aviva shortlists 3 insurers for 26% stake sale in Indian JV
➢ ONGC Videsh’s crude oil output jumps 26% in 2013-14
➢ Mid-cap capital goods companies discounting recovery ahead
➢ Air India to raise bridge loan of $500 million for buying 4 Dreamliners
➢ Teva’s bid to block generic copaxone rejected
➢ CIL drops plans to enter shipping business Financial Express
➢ Treasury contributes over 40% to RILs’ Rs 22K cr FY14 profit
➢ EPFO to allot permanent A/c No to active subscribers by Oct 15
➢ NTPC frames new policy to weed out unprofessional vendors
➢ Raise IT slab from Rs 2 lac to Rs 5 lac, demands Arun Jaitley
➢ Results to rule stock market amid derivatives expiry this week
➢ Scale, frugal costing help Reliance Retail’s turn-around
➢ Future Lifestyle Fashions to tap overseas markets with brands
➢ Godrej in talks with global designers for stylish furniture
➢ Indian MFs more reliant on liquid funds than peers
