Morning Business News Round up

• Swiss Move Gives Enough Hints Of Action To Follow.
• Govt To Erase Offset Clause To Push Defence Deals.
• SIT May Allow Compounding Where Original HSBC A/C Holder Is Dead.
• Tatas May Be Roped In For Odisha Defence Unit.
• Govt Forms 10-Member Panel To Revisit PPP Infra Model.
• Exports Of 6 Key Agr Products Record Negative Growth In FY15.
• US Top Court Rules Against Cisco Systems In Patent Infringement Fight.
• Swiss Govt Names Yash Birla As A/C Holder Being Probed.
• Tech Mahindra Q4 Disappoint, Net Down 23% At Rs 427 Cr.
• Tata Motors Q4 Net Dips 56% To Rs 1,716 Cr.
• Trade Unions Officially Declare National Strike To Protest Labour Reforms.
• Mutual Funds Slow Down Pumping Money In Stocks In May.
• Charter Agrees To Buy Time Warner Cable For $56 Billion.
• DLF To Pay Rs 80 Cr To Law Firm For Rescinding From Agreement.
• India’s Adequate Food Stocks To Help Contain Inflation.
• Sugar Industry Needs More Than Export Subsidy For Turnaround.
• Value Of Retail Investor Holdings In NSE Firms Hits Record Levels.
• Thermax Q4 Net Up 25% At Rs. 132 Cr .
•  Amazon Starts Declaring Sales In UK, Germany, Spain, Italy.

• NHPC Plans To Raise Rs. 3,975 Cr Via Loans, Tax-Free Bonds .
• RIL Doubled Its Hedging In FY15 To Shield Against Volatile Crude.
• TVS Logistics To Acquire Tatas’ DIESL.
• Additional 1% Tax In GST May Hurt Make In India: Arvind Subramanian.
• GMR Holdings To Consider Amalgamation With GMR Enterprises.
• Essar Oil Profit Falls 45% On Inventory Loss.
•  Charter Communications Buys US Giant Time Warner Cable In $78.7 Bn Deal.
• Nokia Withdraws Plea To Sell Chennai Unit.
• Haldia Account Not To Be An NPA For Banks.
•  Oil Ministry Dismisses Cairn India Export Plea.
•  Centre Targets $47.5-Billion Textile Exports In 2015-16.
•  Govt Mulling Proposals For Urgent Measures To Perk Up Exports.

 

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