Here is a morning market glimpse of the important News across several business newspapers: –

Morning Market Glimpse – Economic Times – Business Standard

Ø Greece blames EU, IMF policy clash for failure to compromise
Ø RCom looks to sell 51% stake in Reliance Infratel
Ø Govt seeks US data before deciding on trade secrets law
Ø Russia’s Tomsk region seeks investments from India
Ø CAG raps govt for letting RIL charge margin in dollars
Ø Insurance FDI: AXA to up stake in Bharti JVs
Ø India’s per capita retirement, pension assets lowest
Ø US trade deficit jumps to 6-year high of $51.4 billion

Ø Airtel Zero violates net neutrality, says DoT secy
Ø Slow pace of reforms in India is disappointing: Marc Faber
Ø Govt hopeful of breaking opposition unity on GST bill
Ø Kotak Mahindra Bank surges on strong Q4 results, 1:1 bonus
Ø Mahindra tractor sales fall 13% in April to 18,011 units
Ø BOB, SBBJ slash base rate by 25 bps and 15 bps, respectively
Ø FII stake value in NSE cos hits 6-yr high at Rs 19.32 lakh cr
Ø Oil hits 2015 highs above $67 as Libyan output slows
Ø CERC selects Deloitte, KPMG to review operations of power exchanges

Morning Market Glimpse – Business Line – Mint

Ø U.S. trade data points to Q1 economic contraction
Ø CAG sees complex procedure as reason for ‘poor response’ to AEO scheme
Ø Centre approves 19 FDI proposals worth ₹ 2,165 cr
Ø Credit Suisse trims NSE index earnings estimates
Ø Gulf oil exporters should cut spending, diversify eco: IMF
Ø South Indian Bank reports 40% drop in FY’15 net
Ø GlaxoSmithKline, Apotex sue Lupin over generic Paxil drug
Ø BofA ‘more confident’ of rate cut from RBI in June
Ø Tata Motors puts diesel Nano plan on back burner
Ø NIIT Technologies acquires 51% stake in Incessant
Ø Torrent Pharma to acquire 100% stake in Zyg Pharma
Ø Govt seeks to replace 44 labour laws with just five