Morning News Snapshot

Ø  Indian financial entities to get relief from US reporting law

Ø  RBI’s focus is to bring down inflation: Raghuram Rajan

Ø  RIL’s gas contract can’t be terminated: Moily 

Ø  Ranbaxy suspends ingredients shipment from 2 plants

Ø  Essar Energy rejects takeover bid by Ruias

Ø  Punj Lloyd takes legal step against PTT on cancelling contract

Ø  Renuka Sugars to consider issuance of rights shares
 
Ø  New tariff guidelines to dent earnings

Ø  New bank licence: Jalan panel report by weekend

Ø  Fertiliser ministry keen on PSU joint venture for acquisitions abroad

Ø  Regulatory shock for power companies

Ø  Cabinet may take up Vodafone conciliation issue next week

Ø  Morgan Stanley MF to merge its AMC products with HDFC MF

Ø  HLL Lifecare unit buys Goa Antibiotics 

Ø  Absence of multiple bidders thwarted stake sale in CARE Ratings: IDBI Bank 

Ø  Kinetic Engg sells entire stake in Mahindra Two-Wheelers 

Ø  Mahindra Comviva to deploy platform for Airtel Africa 

Ø  Canada invites Indian investments for greater ties

Ø  Apex court asks BSES cos to respond to DVC plea on payment of dues   
 
Ø  BSE’s currency derivatives volumes soar, profits decline

Ø  RIL insider trading case: SAT asks Sebi to clarify on new consent norms

Ø  Hindalco faces difficulties in growing key copper business

Ø  States may challenge CERC’s bailout package

Ø  India may take US to WTO if included in priority country list

Ø  Rupee closes 7 paise stronger at 62.06 per dollar

Ø  Shemaroo Entertainment gets Sebi nod for Rs 120 cr IPO

Ø  UK mulls dramatic visa fees hike, Indian businessmen, students likely to be hit

Ø  High exports, farm output improve business confidence: NCAER

Ø  ‘Tax policy, labour shortage in way of India becoming MRO hub’
 
Ø  Moody’s pegs FY15 growth at 5.5 per cent

Ø  Tata Steel to boost UK R&D programme

Ø  Tata Power board to discuss fund raising options this week