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Mornings News Snapshot

Ø  IMF projects 5.4% growth for India in 2014-15

Ø  WhatsApp, BBM, Facebook chat under Sebi lens

Ø  Govt releases telecom M&A norms, ups limit to 50%

Ø  ONGC No.1 profit making PSU, BSNL worst performer

Ø  Nigerian court upholds Econet claim in Airtel unit

Ø  Greece to need new $55 billion bailout: Report

Ø  PwC submits special audit report on MCX to FMC
 
Ø  Coal regulator gets Cabinet nod after seven years

Ø  China PMI, US Fed minutes drag Nifty below 6100

Ø  Record Japan trade deficit highlights risk of eco stumble

Ø  UBI takes a U-turns, says no issues with Finacle’s NPA tool

Ø  Sebi collates KYC details of nearly 2 cr investors

Ø  Cipla to market MSD’s HIV drug ‘raltegravir’ in India

Ø  Units of big firms likely to lose PF tax benefits

Ø  India invites Bahrain to invest in power, ports, highways

Ø  Renuka Sugars sells 27.5% stake to Wilmar for Rs.517 cr

Ø  Govt considering amendments to electricity tariff policy 

Ø  Opto Circuits arm gets USFDA nod to market new AED 

Ø  ABB bags orders worth $56 mn from PowerGrid 

Ø  Ahmedabad co-op bank’s licence cancelled 
 
Ø  Telecom M&A guidelines to be placed before cabinet by 27

Ø  IMF says India needs more rate hikes to bring inflation down

Ø  Rel Broadcast Network to buy back shares at Rs.70 apiece

Ø  Still in talks for India stake sale, says Stemcor

Ø  Diageo selects TCS as its new IT service provider

Ø  IMG to give more time to 10 coal mines to seek clearances

Ø  India to push for IMF quota reforms at G20

Ø  72 pct Americans view India favourably: Poll

Ø  Foreign investors broad buyers in 75pct of BSE 200 cos, says HSBC

Ø  PepsiCo Inc in HC against movie Youngistaan on trademark violation

Ø  Sebi wants young workers in mutual funds
 

Ø  India recorded 8% annual average eco growth in 11th Plan

Ø  India eases market share rules for telecom deals, imposes spectrum fee

Ø  No threat to established pvt sector banks from new entrants

Ø  FTAs not evil, take advantage of these pacts: Kher to industry

Ø  Su-Kam’s pilot project for solar power backup

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