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Morning News Round Up :

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Ø  RBI asked to look into banks’ raising of Tier-II funds

Ø  Sebi signs MoU with FIU to check money laundering

Ø  Conflict of interest between RBI, new govt: Deutsche

Ø  Ratan Tata recieves GBE, top civilian honours of UK

Ø  DoT seeks Fin Ministry help to boost telecom investments

Ø  2G Spectrum allotted with Manmohan’s concurrence: A Raja 

Ø  GE Energy open offer to buy 25% stake in Alstom
 
Ø  Govt scraps move to appoint judge in Snoopgate

Ø  Rupee falters after hitting near one-month high

Ø  Piramal Enterprises’ 3 subsidiaries to merge with parent co

Ø  Premji’s fund buys 10% in Biyani’s fashion firm

Ø  Govt change in India not to affect Etihad-Jet deal: Hogan

Ø  NMDC cuts iron ore lumps prices by Rs 200/t for May

Ø  CAD likely to be around 2% of GDP: PMEAC Chairman

Ø   Foreign funds with ‘opaque’ structures cannot register as FPIs: SEBI

Ø  Idea Cell resumes 3G intra-circle roaming across 10 circles

Ø  Hotel industry sees no signs of revival: India Ratings

Ø  Sun Pharma denies insider trading in Ranbaxy stock 

Ø  Shasun acquires global rights for Ibuprofen from ScolorPharma   
 
Ø  Reliance Capital asks FMC to annul all agreements between MCX, FTIL

Ø  United Spirits in talks to sell Whyte and Mackay to Malaysia’s Emperador

Ø  US stocks little changed as services data offset banks decline

Ø  ING Vysya Life Insurance renamed as Exide Life Insurance

Ø  United Bank posts net profit of Rs470 cr in March qtr

Ø  FCI’s procurement role very low, and reducing

Ø  OVL maps exit strategy as several assets turn barren

Ø  NHAI eyes trimming bidders’ list, to limit unduly aggressive bids

Ø  Pantaloons Q4 loss at Rs 70.75 cr

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