Morning Business News Round up

• Bank Credit Grew At 10.16%; Deposits Up 11.85%: RBI.
• G7 Finance Chiefs Ponder Flagging Growth, Greek Risk.
• Swiss Sign Automatic Info Exchange Pact With EU.
• Indian Economy Poised To Grow At 9-10% In Med-Term: CII.
• Dollar Hits 8-Year High Vs Yen, Euro Slips.
• China’s Slowdown Leaves Tata Motors Nursing Wounds.
• Max Life Pegs Its Embedded Value At Rs 5,232 Cr.
• Fearful Of Retro Tax, Pes Demand Indemnity From Cos.
• MCX Seeks Sebi Nod To Raise Stake In MSEI.
• CAG To Audit Coal E-Auction, Results In 6 Months.
• Public Debt Rises 0.9% In Jan-March Quarter.
• RBI May Cut Repo Rate By 25 Bps On June 2: Assocham.
• Mallya To Face The Heat As MCA, I-T Dept Begin Probe Of USL.
• SEBI May Halve Minimum Investment Size For Startup Platform.

• Claris’ Sale Plan May Hit Roadblock As USFDA Slams Form 483 To Its Facility.
•  GAIL Q4 Net Profit Falls 47%.
• Sugar Industry Needs More Than Export Subsidy For Turnaround.
• Infy Hopeful Of Meeting $20-Bn Revenue Target By 2020: Sikka.
• IRDA Slaps Rs. 65 Lakh Fine On India First Life Insurance.
• Vedanta To Work With Govt To Lift Cap On Goa Iron-Ore Output.
• Novartis India Q4 Net Jumps To Rs. 51.94 Cr .
• Fiis Sell Most In Equity And Debt Since August 2013.
• Tata Motors Tumbles Most In 16 Months On Disappointing Q4 Results.
• Global Green Bond Market Touched $37 Bn In 2014: Moody’s.
• F&B To Become A Rs 3.8 Tn Industry By 2016-17, Says Study.
• Vox Media To Buy Technology Site Re/Code.
• High Job Potential Sectors To Be Opened Up For FDI: PM Narendra Modi.
• United Spirits March Quarter Loss At Rs 1,799 Cr.
• India, Japan To Solve Bilateral Tax Issues Soon.

 

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