Morning News Round Up :

Ø  Coal India plans Rs 10,000-cr ammonium nitrate JV

Ø  SEBI busts SMS, WhatsApp-based investment scam

Ø  Reliance open offers for Network18 from July 21

Ø  SEBI bars hedge fund in L&T Finance insider trading case

Ø  Economy to grow by 6.2 per cent in 2014-15: Ernst & Young

Ø  DoT may reconsider bar on spectrum sharing for 3G

Ø  RBI allows FPIs, NRIs to invest upto 26% in insurance

Ø  Concerns of agri sector high priority for govt: Jaitley
 
Ø  Assocham proposes infusion of $3 trillion in Railways

Ø  FM may eye non-tax revenue in Budget to fund capital expenditure

Ø  APERC rejects Amara Raja’s power distribution license request

Ø  Wockhardt recalls 8,712 bottles of hypertension drug in US market

Ø  J&K Bank plans to sell its entire 5% stake in PNB MetLife for Rs 700 cr

Ø  Oil Ministry looks to PMO for guidance on gas pricing 

Ø  LPG subsidy: Panel for restoring direct benefit transfer scheme 

Ø  MFs’ AUM touches record-high of Rs. 10 lakh cr in May 

Ø  ICICI Bank Tier-I capital well above Basel III requirements

Ø   EU lifts drug export ban on Ranbaxy’s Toansa plant 

Ø  Debt restructuring: Gammon India promoters to bring in Rs 100 cr   
 
Ø  ECB cuts deposit rate below zero to fight low inflation

Ø  Govt may announce FDI in e-commerce in budget

Ø  Bond yields fall to January levels on RBI policy cues

Ø  Infosys strategic sales head Prasad Thrikutam resigns

Ø  Deloitte suggests ‘internal changes’ to reform Coal India

Ø  US suspends Iran oil sanctions for six months

Ø  Piramal acquires 10% stake in Shriram City for Rs790 cr

Ø  ONGC, Reliance Industries, Cairn likely to get higher gas prices soon

Ø  India Inc likely to spend Rs 22,000 cr on CSR: Ernst & Young

Ø  Videocon Telecom ties up with Huawei for 4G rollout

Ø  Nokia buys radio systems expert Australian firm Mesaplexx

Ø  Govt rejects GMR plea to extend ToR validity for hydel project
 
Ø  India-only funds see biggest foreign outflows in over five years

Ø  Idea Cellular opens Rs 3,000 cr QIP issue

Ø  Bosch and Siemens enters kitchen appliances segment

Ø  RINL output down 11% on IT implementation, power shortage

Ø  Emami Biotech bets big on edible oil