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Morning News Round Up :

Morning News Round Up :

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Ø  ‘RBI needs to buy $80 billion by Mar 2016’

Ø  ED records best-ever performance in laundering, forex probe

Ø  Fiscal deficit likely to be around 4.5% of GDP in FY14

Ø  Trai for 8% licence fee on Internet companies

Ø  UK min warns against ‘dangerous’ Indian medicines

Ø  Delhi HC forms special bench to hear pleas against Tata-Airasia deal
 
Ø  Govt invites US to discuss IP, market access issues

Ø  SC asks Govt to respond to PIL filed based on SFIO report on 2G scam

Ø  Maruti, Toyota, M&M sales drop; Hyundai, Honda up

Ø  State-owned oil com lose Rs 6.80/L  of diesel sale

Ø  Bata India Q1 net up by 2.44% at Rs 39.4cr

Ø  IOC to cut Panipat refinery runs by 50% from May 8

Ø  Oil Ministry returns RIL’s bank guarantee 

Ø  Fed continues taper despite US economy’s first-quarter stall 

Ø  Gas price decision to fall on new Govt

Ø  GE buy of Alstom energy business not a done deal

Ø  Shriram City Union Q4 net profit rises 21% to Rs. 151 cr 

Ø  Edelweiss Fin Ser acquires Forefront Cap Management  
 
Ø  The coal scam just got deeper

Ø  Tata’s Cyrus Mistry looks to rural India, asks firms to collaborate

Ø  Japan’s Suntory completes $16 bn buyout of Jim Beam maker

Ø  The PwC report on MCX: much ado about precious little

Ø  Centre, privately run airports locked in row over unpaid dues

Ø  Stock markets: ‘Sell in May and Go Away’ strategy unlikely this year, say experts

Ø  Nokia Solutions and Networks reports Q1 net profit of 124 mn euro

Ø  Black money: Furnish documents, information to petitioners, says Supreme Court

Ø  Basmati exports losing aroma as Iran goes high on curbs
 
Ø  President describes money laundering as a global menace

Ø  Sebi prohibits FPIs from buying Treasury Bills

Ø  India won’t participate in unilateral US probe on IPR

Ø  India orders gas price rises be backdated to April 1

Ø  Consumer confidence in India highest since Q4 of 2012: Nielsen

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