Morning News Round Up :


Ø  Airtel to raise funds via foreign currency bonds

Ø  FM to meet heads of PSU banks for review today

Ø   Shrinking IIP, inflation challenges for new govt

Ø  Voda: FinMin moves Cabinet for withdrawing from talks

Ø  Diesel is costlier by Rs 1.09 per litre from Tue

Ø  RBI bought US $ 7.78 bn in spot forex market in March

Ø  NTPC scraps Thiess Minecs’ Rs 23Kcr mine development deal
Ø  April CPI inflation hits 3-month high of 8.59%

Ø  Cipla invests $21 mn in Chase Pharma for Alzheimer’s drug development

Ø  Jet, Etihad diluted pact to pass Sebi test

Ø  Diesel price up by Rs 1.09 efective midnight

Ø  Third round of Goa iron ore auction receives average response

Ø  Sensex soars 557 points; Nifty breaches 7,000 level

Ø  Delisting offers: Allow depository holders to tender shares, moots SEBI discussion paper

Ø  ‘Depending on banks for infra funding, a costly failure’

Ø  RCom launches bunch of products for corporate customers 

Ø  ED issue: NALCO, SAIL agree to go for out-of-court settlement   
Ø  Record 66.38% turnout in Lok Sabha elections: EC

Ø  RIL shares rally 5% on plans to pursue gas price arbitration

Ø  Indian ADRs jump to 3-yr high as exit polls point to BJP win

Ø  DB Corp March quarter profit rises 16.4%

Ø  Jaguar Land Rover global sales up 30% in April

Ø  Tilaknagar rejects ABD’s claim on Mansion House brand rights

Ø  CBI examines ex-Sebi chairman Bhave in Jignesh Shah’s Financial Technologies, MCX case

Ø  Subrata Roy’s Sahara Group runs into trouble over valuation of land

Ø  India cheapest major economy in world, Australia most expensive: Deutsche Bank

Ø  Premier League club Aston Villa up for sale at $250-335 million
Ø  New government set to inherit wobbly economy

Ø  India, others sign pact for automatic sharing of tax info: FM

Ø  TajGVK Hotels & Resorts Q4 net jumps 8-fold to Rs 4.92 cr

Ø  Union Bank Q4 net down 26% at Rs 578 cr on NPA, high provisions

Ø  China’s FX reserves may stoke inflation, a big burden

Ø  Oberoi Realty Q4 net profit down 47 pc at Rs 77 crore

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