Morning News Round Up :

Ø  Modi government constitutes SIT to unearth black money

Ø  Mulling rising spending on education sector: HRD Min

Ø  RBI eases forward forex contracts norms for importers

Ø  New Commerce Min says no to FDI in multi-brand retail

Ø  Round off all transactions to nearest rupee: RBI to NBFCs`

Ø  LIC strikes it rich with investments in government companies

Ø  Jet Airways crashes to a record Rs 2,465 cr quarter loss in Q4

Ø  Petroleum ministry to divert more natural gas from non-core sectors

Ø  Foreign brokerages say leaner Cabinet to improve coordination

Ø  Both Govt and RBI engaged in curbing inflation: Rajan

Ø  RBI asks Kotak Bank to reduce promoter stake to 40% by Sept

Ø  ‘Banks are duty bound to give a copy of banking codes to every customer’

Ø   PwC report points to irregularities in MCX related party transactions

Ø  Bharat Forge Q4 net profit more than doubles to Rs. 119 cr

Ø  Indian landmass and seas may stay dry in June-August

Ø  Piramal merges PE and NBFC arm

Ø  Sundaram MF declares 10 dividends in as many weeks 

Ø  Ravi Shankar Prasad promises stable tax regime to investors

Ø  BSE proposes up to 49% stake in Indian bourses by foreign exchanges

Ø  Wockhardt says FDA raises concern over US unit

Ø  Rupee’s rise may hit IT sector earnings: analysts

Ø  Lower volumes, additional subsidy impact GAIL’s results

Ø  Corporate Affairs Min to be ‘clubbed’ with Finance Ministry

Ø  India is world No. 2 on shadow businesses: Study

Ø  India tab mkt slips over 32% in Q1; growth may evade in 2014

Ø  Amway CEO William S Pinckney’s arrest may dent Indo-US business ties: Ficci

Ø  Modi restructuring; 17 ministries clubbed under 7 ministers

Ø  Rupee drops 33p to close at 59.04 on low foreign inflow

Ø  Finmin watchful of CAD, rupee as markets still volatile

Ø  Modi engagement with SAARC to pave way for growth: Ficci

Ø  Motherson Sumi to buy wiring biz of US-based firm for $65.7m