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Morning News Round Up:

Morning News Round Up:

Ø  Japan asks PM Modi to clear policy hurdles for cos

Ø  Sumitomo may buy 10% in Rel Capital for Rs 2.4K-cr

Ø  DoT to demand Rs 2,451 cr charges from 9 telcos

Ø  35% growth for MFIs,loan-book at Rs 45K cr: Crisil

Ø  Telcos add 2.81 million subscribers in April

Ø  Wipro: 3 of 10 independent directors to leave

Ø  Govt looking at disinvesting in around 9 firms: Official
 
Ø  Stable govt will have positive impact on markets: RBI

Ø  Asian shares gain as global bond yields decline

Ø  No licence needed to manufacture select defence equipment: Govt

Ø  Not compulsory for foreign firms to register as Indian subsidiary: MCA

Ø  Domestic airlines to post $1.4 billion loss in FY 2015, says CAPA

Ø  Coal Minister to meet CIL officials on June 27

Ø  L&T Tech picks up 74% stake in Thales Software 

Ø  Gas price hike deferral, F&O expiry: Sensex plummets 251 points

Ø  Power Ministry invites bids for ₹12,500 cr of transmission lines

Ø  Govt fixes potato MEP at $450/tonne

Ø  Lawsuit accuses Barclays of exposing investors to greedy traders
 
Ø  UN warns El Nino likely by end of year

Ø  Sebi warns MF industry to comply with investor-holding norms

Ø  RBI says economic growth, inflation, banks’ asset quality still a concern

Ø  RIL-Sebi insider trading case: SAT to announce verdict on 30 June

Ø  Hyundai Motor faces $1 mn fine for overstating Santa Fe’s mileage

Ø  Now India Inc asks for retro ruling to over-rule SC order

Ø  Duty cuts hardly move auto sales

Ø  Energy bill to balloon on gas price decision delay

Ø  Gold price pares losses as economic data pressures U.S. yields
 
Ø  State govts get 3 more months to implement Food Security Act

Ø  India makes $550m oil payment to Iran: Sources

Ø  IBM sets sights on cloud pie with India data centre

Ø  New India Assurance presents Rs 220 cr dividend to govt

Ø  RBI revises asset classification norms for infra firms 

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