Morning News Round Up:

Ø  Economists back RBI Guv Rajan in inflation fighting

Ø  Sued RIL to protect commercial interest, says ONGC

Ø  PSBs must free themselves from govt influence: Rajan

Ø  Govt approves 10 FDI proposals worth Rs 140 crore

Ø  Efforts on to pay NTPC dues so power supply isn’t affected

Ø  ONGC Videsh Ltd aims at higher oil and gas output in 2014/15

Ø  Telecom industry bats for more liberal M&A deals

Ø  Patel panel report tops RBI’s agenda for new govt

Ø  American, Chinese solar cell makers might face anti-dumping duty

Ø  Foreigners take HDFC Bank bets abroad as local holdings hit FIPB wall

Ø  India’s fund managers’ allocation to FMCG at 43-month low

Ø  Louis Dreyfus Armateurs cannot give arbitration notice, says govt

Ø  BSE okays merger of United Stock Exchange with itself

Ø  China, Russia pact on global security; deals on energy, infrastructure

Ø  Private equity investment in India doubles to $2.4 bn in Q1

Ø  VIP Industries Q4 net up over three-fold

Ø  Punj Lloyd Q4 consolidated net loss at Rs. 382 cr

Ø   Vodafone India posts 13 per cent rise in service revenues

Ø  Govt shouldn’t interfere in running of PSU banks: Raghuram Rajan

Ø  FDA says Sun Pharma hasn’t fixed issues in Gujarat plant

Ø  GM recalls 2.42 million vehicles in batch of US safety actions

Ø  Future Lifestyle posts Rs.187 crore loss in Q4

Ø  Flipkart said to buy Myntra for $330 million

Ø  ECB may reduce frequency of policy meets

Ø  Cairn seeks 10-year PSC extension, DGH says 5

Ø  Ministries to be minimised through mega mergers

Ø  Realty stocks hog limelight; Unitech shine with 15% gain

Ø  Essar Oil Q4 profit rises fivefold on margins, forex gains

Ø  Gold demand to rise, Narendra Modi seen easing import curbs

Ø  Tony Fernandes’s AirAsia first-quarter net profit rises 33 %