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
