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Morning News Round Up :

Ø  Adani ahead in race for Jaypee Hydel Units as Taqa pulls out

Ø  RBI likely to maintain status quo in August policy: SBI chief

Ø  ‘Sebi to issue final norms for REIT, Infra Trusts soon’

Ø  Russia says US sanctions break WTO rules, could cause trade dispute

Ø  Morgan Stanley to pay $275 million as penalty for misleading mortgage-backed securities investors

Ø  Bharti Airtel gets 3G licence in Niger
 
Ø  Wipro Q1 profit rises 30% to Rs 2,103 cr

Ø  Cabinet clears 49% FDI in insurance via FIPB route

Ø  CCEA okays sale of 10 mn tonne of wheat in open market

Ø  Cabinet clears bill to empower Sebi to deal with ponzi schemes

Ø  Govt may soon decide on FDI in Rail, Defence sectors

Ø  India lowest on human development among BRICS nations

Ø  Bank & NBFC of same promoter group can’t coexist: RBI

Ø  SEBI to come out with guidelines for REIT soon

Ø  I-T offices to stay open on Saturday, Sunday to accept returns 

Ø  Nava Bharat subsidiary to contest ED attachment order in coal block case

Ø  Idea Cellular allots shares to Axiata Investments

Ø  Bank & NBFC of same promoter group can’t coexist: RBI

Ø  FII stake in SKS soars to record high of 44.61% in Apr-Jun qtr  
 
Ø  Govt plans biggest solar-power auction of 1,500 megawatts

Ø  ACC, Ambuja Cements: costs negate benefits of higher cement prices

Ø  JSW Energy may be close to buying Lanco’s Udupi power plant

Ø  Hindalco said to appoint banks for Rs5,000 crore share placement

Ø  Glenmark net profit up 43.85% in June quarter

Ø  CBI registers preliminary inquiry against Adani Group

Ø  Swan Telecom was Reliance ADA Group company: CBI to 2G case witness

Ø  Ipca Lab shares tank 13.5%; m-cap down Rs 1,381 crore

Ø  BSE Sensex logs new peak, NSE Nifty scales 7,800 as markets soar for 8th day

Ø  From activists to dragon, Sebi getting all names: Chairman U K Sinha
 
Ø  FIPB clears 19 FDI proposals entailing Rs 2,327 cr investment

Ø  RBI’s Khan for freedom to banks for financial inclusion goals

Ø  Trading by banks in currency derivative to be as per RBI norms

Ø  Banks initiate process of declaring KFA as wilful defaulter: Govt

Ø  8 companies buy back shares worth Rs 222 cr in April-June quarter 

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