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Morning News Round-up:

Morning News Round-up:

Ø  European Union is in bad shape: Founding members

Ø  US dollar to be blamed for economic slowdown: Reports

Ø  Govt mulls 100% FDI in ecomm’s mkt place model

Ø  Essar Oil says “advanced talks” with Rosneft on

Ø  Ambani, Pitroda elected to NAE for excellence

Ø  ‘Need $5 bn more to make biotech a $100 bn sector’

Ø  Pentagon to spend $56.3 bn for 404 Lockheed F-35

Ø  DIPP pushes for 100% FDI in marketplace e-tail

Ø  Trai warns of action beyond fine for discriminatory data rates

Ø  Dr Reddy’s Q3 profit marginally up at Rs 579 cr

Ø  SAIL registers Rs 1,529-cr loss in third quarter

Ø  Essar Oil posts seven fold jump in Q3 net at Rs 364 crore

Ø  GAIL Q3 net up 10% to Rs 664 crore

Ø  Den Network to demerge its broadband business

Ø   ‘Bridge linkages’ to PSU coal mine allottees approved

Ø  Bankruptcy code to have big impact on corporate governance: Jayant Sinha

Ø  India needs road-map to phase out farm export subsidies: Teaotia

Ø   LafargeHolcim gets CCI go-ahead for India divestment plan 

Ø  Bharat Forge Q3 net profit down 15.4% 

Ø  PNB: explosion of bad loans bares ugly underbelly of public sector banking

Ø  Tribunal stays CCI fines on IndiGo, SpiceJet

Ø  Sebi wants to regulate warehouse service providers

Ø  Hindalco net profit falls 89%

Ø  Central Bank of India Q3 loss at Rs836.62 crore

Ø  Foreign portfolio investors trim stake in 30 Nifty stocks in Q3

Ø  PNB Q3 net nosedives 93% to Rs 51 cr

Ø  Metal, IT stocks drag Sensex 266 points down

Ø  Indian rupee again breaches 68-mark, down 26 paise to 68.20

Ø  Banking, financial services segment ahead of companies overall growth: TCS

Ø  Irdai recommends waiver of service tax on insurance premium

Ø  IT stocks fall up to 5% on Cognizant’s weak guidance

Ø  Spot gold hits Rs 28k-mark after single biggest daily gain in the year

Ø  Badal for 100% FDI in food products multi-brand retail

Ø  Glaxo Consumer profit soars amidst flat sales growth

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