Morning News Round Up :

Ø  WTO fails to agree on trade facilitation agreement

Ø  RBI to unveil 3rd bi-monthly policy review on Aug 5

Ø  Core industries grow 7.3% in June, highest in 9 months

Ø  No further FII investment in Persistent: RBI

Ø  IL&FS to raise $ 1 bn to invest in infrastructure

Ø  Cabinet has given nod to amend labour laws: Minister

Ø  Essar may raise $3.5 bn by stake sale in refinery biz
 
Ø  ICICI Bank Q1 net up 17% at Rs 2,655 cr

Ø  Fitch retains India’s rating; revision depends on bold reforms

Ø  Govt allocates Rs 11,952 cr for powerloom sector

Ø  Vijay Mallya gets bail from court for not remitting TDS of Rs 266 cr

Ø  USFDA raises concern over drug production process at Cadila

Ø  JSW Steel plans to invest $22 bn to raise capacity by 2025

Ø  Wild Stone plans to enter gas-less deos 

Ø  DLF Q1 net profit down 29%

Ø  Fiscal deficit at 56.1% in Q1 of budget estimates for FY’15

Ø  London welcomes Hinduja-built pure electric buses 

Ø  Real estate will remain insulated from effects of a poor monsoon

Ø  Maruti Suzuki Q1 net profit rises 21% to Rs.762.3 cr  
 
Ø  India, US to identify collaboration opportunities in projects

Ø  ONGC, Oil India submit $1.5 billion joint bid for Murphy Oil’s Malaysia assets

Ø  Some Coal India mines may be run by foreign firms: minister

Ø  Tech Mahindra Q1 profit falls 8% to Rs631 crore

Ø  Petrol prices cut by Rs1.09 per litre, diesel hiked by 56 paise

Ø  Pooled prices, subsidies to revive gas-based power

Ø  US, India work overtime to keep Bali deal on track

Ø  Govt clears air on CAG audit provision in new Companies Act

Ø  Extend rural jobs scheme to textile sector: Minister to PM

Ø  Bills to amend apprentice & factory Acts soon

Ø  Facebook, Cisco, HP interested in investing more in India: Govt
 
Ø  Maruti Suzuki Q1 net up 20.7% at Rs 762.28 cr

Ø  Vedanta may invest Rs 10k-cr on Lanjigarh refinery expansion

Ø  HCC Q1 net profit up 41pc at Rs 27 cr

Ø  Nokia to buy part of Panasonic’s network business

Ø  Bajaj Electricals Q1 Net at Rs 5.6 crore