Morning News Round up :

Ø  GSK India to benefit from swap deal with Novartis

Ø  ‘Banking on Modi, foreign investors to pour $60 bn into India’

Ø  Traders body CAIT opposes FDI in e-commerce retail

Ø  SIT for all blackmoney cases to be notified by next week

Ø  Intercontinental Hotels Group rejected $10 billion offer from US suitor: Sky News

Ø  IFFCO acquires 1.12% stake in NCDEX for about Rs 10 cr
Ø  RIL says got Sebi notices on 3 issues; reply submitted

Ø  BSES discoms likely to get PFC bailout

Ø  Modi effect: Forex reserves up $11 billion since April

Ø  New mining policy to be in place by next month: Goa CM

Ø  Tata Power eyes SAARC, SE Asia, Africa for growth

Ø  Cairn’s Raj oil fields may return to ONGC if term not extended

Ø  HDIL to sell land parcels in Mumbai, Hyderabad to pare debt

Ø  SBI sells non-performing assets worth Rs3,590 cr to ARCs

Ø  New Govt may consider merger of BSNL, MTNL, ITI 

Ø  RIL exposure to Anil-led group MFs jumps to Rs. 1,290 cr

Ø  Arabian Sea storm may delay monsoon onset over Kerala

Ø  Hind Motors’ Uttarpara workers taken by surprise 

Ø  Cabotage rules may be eased for movement of empty containers 
Ø  ONGC Videsh, Rosneft to jointly explore hydrocarbons in Russia

Ø  Lanco Infratech loss widens to Rs584.3 crore in March quarter

Ø  Colgate March quarter net profit up 7%

Ø  Ranbaxy merger: Andhra Pradesh HC vacates the stay on Sun Pharma

Ø  Hindustan Aeronautics Ltd to hit market in H2 FY’15 as first PSU IPO after 30 months

Ø  Equity MF investor base grows by around 4 lakh in Apr

Ø  Cairn India’s Raj oil fields may return to ONGC if term not extended

Ø  Economist close to Narendra Modi backs higher deficit for India revival
Ø  Vodafone Group may sell stake in Bharti to comply with rules

Ø  Rising markets may see volatility amid derivatives expiry

Ø  Ambassador shuts shop, another plant closes down in WB

Ø  Sugar industry hopeful of incentives from Modi govt 

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