Morning News Round Up :


Ø  SBI: Merger of associates not under consideration

Ø  Diesel deregulation could be announced in budget

Ø  FIIs submit bids worth $ 1.58 bn for govt bonds

Ø  NGOs stance on development projects to hit economic growth: IB

Ø  China reaches out to India amid tension with Japan, Vietnam

Ø  Apparel exports set to cross $ 17-bn mark in FY15

Ø  Exports grow at fastest pace in 7 months in May
Ø  India should gradually reduce fiscal deficit: IMF official

Ø  LIC worth Rs 5 lakh cr, India’s most valuable

Ø  Ranbaxy’s Gurgaon unit may sell products in US

Ø  Govt recovers 228 mn euros from Finmeccanica helicopter deal

Ø  Brookfield to buy Unitech Corporate Park’s subsidiary for Rs 2,000 cr

Ø  L&T Finance OFS over-subscribed, shares dip 5%

Ø  BSE seeks cut in securities transaction tax

Ø  Banks seek exemption from TDS while selling mortgaged property
Ø  Telangana IT minister for setting up hardware cluster 

Ø  Toyota recalls 2.27 mn vehicles over airbag defect 

Ø  China’s Alibaba to buy rest of mobile browser company UCWeb

Ø  Idea to raise Rs. 750 crore from Malaysia’s Axiata Group 
Ø  Essar Group plans sale of UK refinery

Ø  World Bank cuts India GDP growth forecast to 5.5% for 2014

Ø  Future Retail to raise Rs2,000 cr through preferential, rights issue

Ø  ZTE plans global networks operations centre in India

Ø  TCS implements a digital learning drive to reduce training time

Ø  Nitin Gadkari asks Modi government to scrap solar duties

Ø  Govt lowers threshold for company secretary appointment

Ø  Wall St ends lower after World Bank cuts forecast

Ø  Madhepura loco plant finally back on track

Ø  OVL, partners weigh Sudan government’s all-or-nothing offer

Ø  J K Rowling donates 1 mn pounds to keep Scotland within UK
Ø  Exports up 12.4% to $28b; trade deficit at $11.23b in May

Ø  RCom expands 3G services to 18 circles

Ø  CommerceMin asks FinMin to roll back MAT on spl economic zones

Ø  Crack down on Chinese currency manipulation: Senators to Obama 

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