Categories: Uncategorized

Evening News Round-up 4-Jun:

*UBS says Nifty may top 8000 by Dec; lists 11 buys, 8 sells

*India to achieve 6.8% growth in 2 years: MS

*Bearish on capital goods; like auto, energy: Ridham Desai

*Cash your paper profits in these sectors right away: Kotak

*IATA adopts resolution to tackle in-flight passenger behaviour

*Walmart’s ‘Made in USA’ push exposes strains of manufacturing rebirth

*GM officials expect internal probe to exonerate Mary Barra

*Japan’s Dai-ichi Life to buy US firm for $5.7 bn

*China slams US move to levy higher duty on PV products

*NSEL receives show cause notice on exemptions

*UP turns heat on private sugar mills over arrears

*MP Power signs deal with KRBL for supply of 15 MW power

*SBT revises FCNR term deposit interest rates

*IAN partners with GIZ & SIDBI to launch incubation programme

*Tyre stocks gain on declining rubber prices

*Gold recovers on low level buying; silver trades lower

*Trent gains as Tesco completes stake buy in arm

*Bond yields hit 4-1/2 month lows on dovish RBI policy

*Forex volatility won’t be an issue for IT growth: Tech Mah

*Services activity grows for first time in nearly a year

*National Fertilizers up 10% on govt subsidy hopes

*Double digit growth in two-wheeler segment to stay: TVS

*IIM-B ranked 53rd on FT 2014 executive education rankings

*SC rejects Sahara chief Subrata Roy’s bail plea again

*Tata AIA Life appoints Amitabh Verma as COO

*Dabur launches Hajmola Chuzkara

*Tata Steel gains on renewal of mining leases

*Maruti Suzuki gains after May production up 20%

*Biocon planning to list Syngene in near-term

*Glenmark opens new manufacturing facility in Switzerland

*Maharashtra debt stock rises by 10.2% to Rs 2,71,845 cr

*Tickets for maiden AirAsia India flight sold out in 10 minutes

*Sensex slips, midcap shines; Bank Nifty at new closing high

*Higher capital infusion in PSU banks unlikely: Banking Secy

*FDI hike in insurance to attract $1-1.5bn: Ex-IRDA chief 

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