Morning News Round Up :

Ø  Overseas funds rush to invest in India, over $5 bn invested

Ø  India’s overseas investment in May down 39% year on year 

Ø  Retail inflation falls to 3-month low of 8.28% in May

Ø  Tata Motors’ global sales down 5.14 per cent in May

Ø  Govt may sell 10% stake in RINL in Sept-Oct IPO

Ø  Govt sends questionnaire to Greenpeace on foreign funding

Ø  J&K Bank approves share split in 1:10 ratio
 
Ø  April IIP rises 3.4% after two months of contraction

Ø  ONGC wants an assured $65 a barrel price for marginal fields

Ø  Govt restores sugar export subsidy at Rs 3,300/tonne till Sept 2015

Ø  Not considering raising FII debt limit in govt debt right now: RBI

Ø  Sebi moves to take client collateral out of brokers’ hands

Ø  Essel, Reliance Jio, 18 others plan to invest Rs 39K cr in UP

Ø  SEBI to okay quota, discount for retail investors in offer for sale 

Ø  FMC sets new norms for commodity exchanges 

Ø  EU court backs record €1 bn fine on Intel

Ø  ‘Foreign funds that quit India will now return’

Ø  KEC International wins orders worth Rs 1,209 cr 

Ø   Lanco Infra shuts down Udipi plant 
 
Ø  Payments banks to come soon: RBI

Ø  AstraZeneca deal broke down over price: Pfizer CFO

Ø  Bain to sell stake in Hero MotoCorp worth up to $393 million

Ø  Oil prices spike on Iraq anxiety, global markets slide

Ø  Mitsubishi recalls 920,000 vehicles over defective light switches

Ø  Central Bank of India, IOB to raise additional capital

Ø  New de-licensing norms a shot in the arm for local defence industry

Ø  DIPP pushes for 11-fold hike in FY15 budget for DMIC

Ø  Infosys outsources chief, reboots with ex-SAP director Sikka

Ø  Mphasis launches an e-surveillance solution in conjunction with Delta Power

Ø  Nokia’s HERE to acquire predictive analytics firm Medio
 
Ø  AirAsia launches first flight into loss-making India

Ø  RBI to launch revamped inflation-indexed bonds soon

Ø  Report on telecom connecti