Morning News Round Up:

Ø  Srinivas, Infy President & Member of Board, quits

Ø  CAG slams OilMin, DGH for poor monitoring of KG-D6

Ø  Markets underwhelmed by council of ministers: Credit Suisse`

Ø  HPCL to invest Rs 17,000 crore to expand capacities by 2018

Ø  Steel Authority of India Ltd Q4 profit rises 1.35 per cent to Rs 452.58 crore; FY14 net up 20.6 per cent

Ø  RIL faces $1.1-bn hit on KG-D6 revenue

Ø  Hindustan Zinc-Balco stake sale on Disinvestment dept’s agenda

Ø  Bhattacharya, Kochhar in Forbes’ most powerful women list

Ø  Sebi wants 25% public holding at PSUs too; govt to take call

Ø  Hero MotoCorp Q4 net dips 3.4% to Rs 554 cr

Ø  Delhi power crisis resolved as BSES firms get Rs 1K-cr loan

Ø   L&T Construction wins orders worth Rs. 2,458 cr

Ø  Competition panel clears Tesco’s stake buy in Trent

Ø  NSEL e-gold investors start getting refunds

Ø  Nalco Q4 net dips by 30% at Rs. 172 cr

Ø  Prakash Industries posts 60% net profit jump in Jan-March quarter

Ø  United Breweries to acquire Pacific Spirits for ₹105 cr  

Ø  India’s top 10 food retailers accumulate Rs13,000 crore losses: Crisil

Ø  New govt asks Coal India to prepare action plan to enhance output

Ø  Unitech posts Rs51.55 crore loss in Q4; sales up 22%

Ø  Barack Obama warns US must not rush to war

Ø  Bharti Airtel’s evolving outsourcing strategy

Ø  FM Arun Jaitley puts GST front and centre on Narendra Modi govt agenda

Ø  RBI’s Raghuram Rajan calls for more global monetary policy coordination

Ø  ICRA shares at lifetime high as Moody’s hike open offer price

Ø  Tata Global Q4 net down 27.63 per cent at Rs 69.3 crore

Ø  SC allows RIL’s plea of arbitration in London

Ø  Will ensure speedy probe in black money issue: SIT

Ø  RBI to leave repo rates unchanged next week: DBS

Ø  Cement stocks post strong gains in flat equity market

Ø  Apollo Hospitals PAT up 4% to Rs 316 cr

Ø  DRL, Aurobindo, Natco drug in patent tangle 

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