Evening News Round-Up:

*Emerging market consumers confident of growing their wealth: StanC

*Invest now! Correction short-lived in bull mkt, says Dipan Mehta

*Time to be overweight equities, underweight gold: Nilesh Shah

*Cut waste to bring down food inflation: CRISIL

*May market share stable at 19%, 3-wheeler sales seen up: Bajaj

*GM sales decline 43%02:42 PM – IndusInd Bank launches ‘Video Branch’

*Honda Cars sales up 18%01:56 PM – HP launches new Chromebook PC for $249

*Maruti sales up 19% in May, exports rise over 50%

*Hyundai sales dip 9% in May, exports decline

*TVS Motor two-wheeler sales up by 26 % in May

*China PMI lifts shares, commodities; euro soft ahead of ECB

*India’s coffee exports up 9% in Jan-May

*Strong US show aids Aurobindo’s March quarter performance

*Firms line up fund-raising plans worth Rs 15,000 cr

*IRDA should go slow on regulations: Shaun Crawford

*E.I.D Parry expects Silkroad Sugar refinery to start production in June

*Rentokil Initial acquires Gujarat-based PestconePlus

*Suzlon eyes growth of 40% in both global & Indian markets

*Govt mulls transfer of all PSU banks equity into holding co

*McNally Bharat plans to raise Rs 250cr, part to repay debt

*Jyoti Structure drops 10% on Q4 loss

*’Oneworld’ alliance eyeing Indian airline partner

*Factory sector expands at slightly faster pace in May

*Insurance cos up 5-10% on hopes of FDI limit hike to 49%

*Textbook politics and the return of revisionism

*Kashmir issue should be resolved according to UN resolutions: Pak

*UP power crisis affecting industrial production

*PM welcomes Telangana as 29th state

*FinMin aims for minimum 6.5% GDP growth in 2 yrs: Sources

*Sensex spikes 468 pts, Bank Nifty up 3% ahead of RBI policy

*Infosys top leaders pacify employees amid rising speculations

*PM Narendra Modi to meet Cabinet to set 100-day agenda