Morning Business News Round up_June 02, 2015

• Australia, New Zealand Bat For FDI In Indian E-Comm.
• India Scraps Duty Benefits For Defence Psus.
• Reliance Industries Sells 49.9% Stake In US JV For $1.07 Bn .
• India Exports Textiles, Clothing Worth $41.4 Bn In 2014-15.
• Core Sector Output Dips 0.4% In April, Against 5.7% Rise In The Same Period A Year Ago.
• Intel To Buy Altera For $16.7 Bn To Boost Data Biz.
• Lupin, Cipla Bid For UCB’s US Generic Drugs Portfolio.
• RIL, Pioneer Sell Shale Gas Asset For $2.15 Billion.
• Amtek Auto Buys Japan’s Asahi Tec.
• Maruti Suzuki, Tata Motors Dominate May Car Sales.
• Bayer Cropscience Buys Vegetable Seed Firm Seedworks India.
• Troy Corp Acquires Ashland’s Industrial Biocides Assets.
• Bharti Group Surpasses Sun Pharma Group In Market Capitalisation.
• Tyre Manufacturers Want Action Against Dumping Of Radials .
• RBI Directive On Pay Package For Non-Executive Directors .
• Foreign Investment Limit Raised To 40% In Adani Ports & SEZ.
• BHEL, TS Genco Sign Up For 4000 MW Yadagiri Thermal Project.
• Dumping Duty Imposed On ‘Electronic Calculators’ Imported From China .
• Sun Pharma Drops Most Since 2009 On Q4 Results.
• SC Stays Rajasthan HC Order To Uninstall Reliance Jio Towers In Jaipur.
• Unions Of SBI Associate Banks Call For Strike On 4 And 24 June.
• Jet Airways Offers Up To 30% Discount On International Fares From 1-4 June.

• EIH Q4 Net Profit Rises 31%; Company Plans Expansion.
• Infrastructure Sector Output Shrinks 0.4 Pct In April.
• Mahindra & Mahindra Auto Sales Down 3%.
• HDFC Mutual Fund Remains Most Profitable Fund House.
• Gold, Silver Slip On Sluggish Buying, Global Cues.
• Fpis Pull Out Rs 14K-Cr In May; 1st Net Outflows In 2 Years.
• Tata Motors Eyes To Ramp Up CV Business In South.

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