Morning News Round Up :


Ø  Fed to wait for Oct to consider rate rise: Official

Ø  Infosys may eye acquisitions in Nordic countries: BG Srinivas 

Ø  Buying stakes in Europe to compete: Etihad

Ø  FM urges ADB to double annual lending cap to $20 billion

Ø  FII net inflow in Indian equities hit Rs 9,600 crore in April

Ø  India, emerging markets need to increase infra investments 

Ø  Deepak Nitrite’s Q4 net profit jumps 68% to Rs 16 crore
Ø  Sebi frowns upon trading time extension on May 16

Ø  PlanCom advice to new govt: Tweak land acquisition law

Ø  Airtel to resume 3G services from today

Ø  RIL’s Rs 509 cr bank guarantee returned by Oil Ministry

Ø  FCI raises Rs 20k cr bank loan for working capital

Ø  SAIL hot metal capacity to reach 19 mn tonne by Sept-end

Ø  Amarin files patent case against DRL on lipid lowering drug

Ø  FM allays fears of Fed stimulus withdrawal impact on India

Ø  Banks to defer QIP issue for another few months 

Ø  Godrej Properties’ Q4 bookings jump 77% to Rs1,066cr 

Ø  Indiabulls Housing to raise Rs4,500cr via bonds 

Ø  Suzlon board approves cashless restructuring of FCCBs

Ø  Deepak Fert raises open offer price for MCFL  

Ø  Adidas investor says loses confidence in management:report

Ø  FM asks PSU banks to improve CASA level, focus on recovery

Ø  Reliance Capital’s Q4 profit flat at Rs267cr

Ø  R-Com Q4 profit nearly halves as costs rise

Ø  Microsoft to warn users of govt requests for information

Ø  Pfizer expected to be patient in face of AstraZeneca rejection

Ø  FIPB to take up HDFC Bank’s foreign investment proposal on May 13

Ø  Indian economy’s annual average growth in 12th Plan period likely to be below 6%

Ø  Global citizenship catching fancy of super rich in India, China

Ø  Warren Buffett’s Berkshire Hathaway quarterly profit hurt by winter weather, insurance

Ø  Six companies lose Rs18.7k cr in market value

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