Morning News Round Up :

Ø  Govt relaxes FII sub-limit in govt bonds by $5 billion: RBI

Ø  RBI closer to set up Trade Receivables Discounting System

Ø  World Bank commits $ 18 bn loan to India in 3 years

Ø  Rs 1.80 lakh crore stuck in 189 road projects: Gadkari

Ø  Rupee hits 1-1/2 wk high on foreign fund inflows

Ø  GJF urges government to roll back customs duty on gold
Ø  Govt developing sophisticated PPP model to boost infra: Mayaram

Ø  RBI working on system for exit by businesses facing bankruptcy

Ø   Firms with atleast 10 employees may come under EPF Act

Ø  Wipro to continue inorganic growth: Premji

Ø  Strides Arcolab gets USFDA approval to sell transplant drug

Ø   TCS becomes first Indian company with market value of over Rs. 5 lakh cr

Ø  Commercial vehicle lenders bank on pick up in infra, mining sectors

Ø  United Bank to raise Rs. 300 cr by selling shares to LIC 

Ø  Cairn India posts lower net profit of Rs. 1,093 cr in Q1

Ø  Tata Power records 24% rise in power generation

Ø  TRAI may review telcos’ freedom to fix mobile rates  
Ø  RBI cancels certificate of registration for Deutsche Securities India

Ø  NMDC plans to boost iron ore output by two-thirds

Ø  India will not back WTO protocol unless concerns addressed

Ø  Yes Bank profit rises 10% in June quarter

Ø  MRF Q3 net up 1.29% at Rs230.22 crore

Ø  GSK cuts outlook as weak lung drug sales, strong pound hit

Ø  Worst economic slowdown has ended in China: US Economist

Ø  NIIT Ltd bounces back to profits in quarter; revenue rises to Rs 225.3 crore

Ø  Sensex rises over 121 pts to record close, NSE Nifty marks new high

Ø  JSW Energy net profit soars 52 pc to Rs 325.47 crore
Ø  Jet Airways to restructure debt, talking to bankers: Goyal

Ø  Investors bullish on India, expect it to outperform peers: Citi

Ø  GMR seeks nod for buying out partner’s stake in MRO facility

Ø  Coal scam: ED attaches assets worth Rs 186 cr of Hyderabad firm

Ø  Rupee near one-week high; foreign fund flows watched 

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