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Morning News Round Up :

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Ø  Asia readies food security defences against El Nino

Ø  RBI tightens merger rules for non-bank finance firms

Ø  Pfizer walks away from $118 billion AstraZeneca deal

Ø  BoP more than doubles to $7 billion in March quarter

Ø  Balance of Payment more than doubles to $7 billion in March quarter

Ø  Trade issues to figure in Narendra Modi- Nawaz Sharif talks today

Ø  Deutsche Bank reiterates Sensex tgt of 28,000 by Dec’14

Ø  Chinese PM congratulates Modi; vows to take ties to new level

Ø  Oil subsidy figures to be down 20% under Modi regime

Ø  Diageo receives Sebi’s clearance to acquire stake in United Spirits

Ø  Wockhardt Q4 profit down 78% on import bans

Ø  FinMin may reduce withholding tax for FIIs to boost corp bonds

Ø  Shell in talks to buy 24% stake in LNG project in Andhra

Ø  Modi can change course of dialogue on US visas: NRN Murthy

Ø  GAIL profit up 9% at ₹4,375 cr in fiscal 2014

Ø  Haryana govt restrained from prosecuting Maruti for no prior EC

Ø  Hind Copper net profit drops to Rs. 137 cr in Q4

Ø  Pyramid Saimira promoter detained briefly by SEBI

Ø  Jaypee Group to invest Rs 2000 cr in hospital chain

Ø  Current account deficit narrows to 0.2% of GDP in March quarter

Ø  India Cements posts lower-than-estimated numbers

Ø  PTC India Q4 net surges 86% to Rs69 crore

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

Ø  India’s new bank insolvency law to increase yields

Ø  Narendra Modi sworn in as PM of India, puts Rajnath Singh, Sushma Swaraj, Arun Jaitley in A-team

Ø  Morgan Stanley sees return of retail investors

Ø  Anil Ambani’s Reliance Capital AMC profit up 22 pct at Rs 352 crore

Ø  Iran to India: Pay suppliers of food, medicines with oil euros

Ø  RBI appoints 3 NBFCs for setting up of white label ATMs

Ø  Flipkart raises $210m; brings DST Global on board

Ø  EPFO panel grants tax exemption to 20 private PF trusts

Ø  Venus Remedies gets additional US patent nod for Vancoplus

Ø  India Cements posts Rs 31 cr net loss in Jan-Mar quarter

Ø  Coca-Cola, Jain Irrigation to scale up mango farming project 

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