Morning News Round Up :

Ø  US factory orders growth slows in April

Ø  Indian cos borrow $3.2 bn in April from overseas mkts

Ø  Obama unveils $1 bn security plan for eastern Europe

Ø  ONGC pays Rs 272,721 crore in fuel subsidy

Ø  SEBI eases short selling norms

Ø  Listed companies to display CIN on bourse website, says BSE

Ø  VNL, HFCL emerge lowest bidders for BSNL gear supply deal in naxal-hit areas

Ø  RBI keeps repo rate unchanged, cuts SLR

Ø  India slips to seventh spot on FDI confidence index

Ø  Diageo’s open offer price of Rs 3,030 for USL is fair: Panel

Ø  Exporters split on RBI move to curb export credit refinance

Ø  RBI allows FPI in currency derivatives

Ø  Sebi bans direct agreement between lender and borrowers of securities

Ø   Indian firms want FDI hike in defence with tech transfer rider

Ø  More than El Nino, Govt policies could hit farm sector hard

Ø  BT wins $37 mn global contract from De Beers Group

Ø  Good response to Petronet’s move to lease storage tanks in Kochi

Ø  CIL plans consultants’ panel for overseas mines buy

Ø  RBI hikes forex remittance limit to $1,25,000

Ø  USFDA finds quality testing flaws at Wockhardt’s Illinois plant

Ø  Biocon, Bristol-Myers Squibb extend drug discovery partnership

Ø  ONGC Videsh to continue exploration in Vietnam oil block

Ø  Sensex, Nifty hit record closing high as RBI holds key rates

Ø  Higher subsidy, production decline drag down Oil India

Ø  Reliance Jio signs another deal; secures access to 110,000 towers

Ø  Low capex hits capital goods companies but could be bottoming out

Ø  With a stable government, India Inc looks at life after debt

Ø  Investor complaints against mutual funds drop by 40%

Ø  India adds highest mobile subscribers in Q1 2014: Ericsson

Ø  SC to pronounce order today on fresh plea of Sahara chief

Ø  UBS Securities bullish on equities, sets Nifty target at 8,000 for 2014

Ø  RBI took calibrated approach to balance growth, inflation

Ø  Idea to raise Rs 3,000-3,750 cr through QIP issue

Ø  Finmin asks banks to find ways to hive off non-core businesses

Ø  April non-food bank credit grows 14% to Rs 56 lakh crore

Ø  Indian patent law very strong, at par with global standards: Marut