Morning News Round Up :


Ø  RIL to raise Rs 10K cr via debt to fund capex

Ø  India’s economy to grow at 5% in 2014, 5.5% in 2015: UN report

Ø  RBI eases gold import curbs to boost exports

Ø  FinMin reviews capital expenditure plans of big PSUs

Ø  Motilal Oswal forays into home finance with Rs 100 crore

Ø  ABD to sell 12% stake to TPG, Carlyle; keen on Tilaknagar deal

Ø  Sun Pharma declines on warning letter from USFDA

Ø  Modi mulls breakup of Coal India, opening up sector

Ø  HPCL to buy 11-15% stake in Petronet’s east coast terminal

Ø  Govt to spend Rs 3k cr to set up labs, double drug regulators

Ø  NSEL e-series investors to get first tranche of money in a few days

Ø  United Bank’s bond rating stays on watch with negative implication

Ø   RBI extends loan tenor for exporters to 10 years

Ø  Japan’s trade deficit shrinks after sales-tax hike

Ø  Reliance Cement sees Rs. 2,000 cr turnover in FY15

Ø  IL&FS Engg posts ₹33.6-cr profit in March quarter, ₹151-cr loss for 18 months

Ø  CAD may come down to 2.3% of GDP in FY’15: Citigroup

Ø   Industry asks to strike off cess on imported rubber

Ø  RBI tells banks to install ‘talking ATMs’ from July

Ø  UAE’s NBAD bank given India licence: report

Ø  Russia signs gas-supply deal with China after decade of talks

Ø  Ruias said to weigh delisting all Essar Group units

Ø  Zee Entertainment March quarter net profit up 19.9%

Ø  Snapdeal in talks to raise fresh funds

Ø  RBI’s dollar shopping fails to check rise of rupee

Ø  Narendra Modi exploring breakup of CIL, opening sector to foreign investment

Ø  Highway ministry has 7,000-km road development plan this fiscal

Ø  Finance ministry draws up action plan to fix Rs 2.4 lakh-crore bad loan mess

Ø  Barack Obama praises PM Manmohan Singh for his ‘vision’

Ø  SC asks Andhra HC to decide on Ranbaxy-Sun Pharma merger

Ø  Resolve issues of coal, mining sector to boost manufacturing

Ø  Bharatiya Mahila Bank included in second schedule to RBI Act

Ø  Apr IIP to be higher; inflation, rupee may be range bound: D&B

Ø  Hotel Leela, KKR fail to agree on terms for bridge loan

Ø  Alstom T&D India bags order to renovate Bihar grid

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