Morning Business News Round Up_May 02,2017

Morning Business News :

  • Core industries grow by 5% in March, fastest in 3 mnths
  • Housing projects see dip in PE funding for 2 quarters
  • GST not to increase compliance burden, says Adhia
  • BS-III ban: Two-wheeler industry took Rs 600 cr hit
  • Reliance Jio, Airtel in another battle over tariff plans
  • Hero MotoCorp registers 3.5% dip in sales in April
  • Buffett’s $86 bn cash pile stokes hopes of a huge deal
  • Real estate buyers set to become king as RERA comes into force
  • India Inc lines up Rs 15,000-cr fundraising plans
  • Centre seeks guarantee for solar, wind plants connected to grid
  • Reliance Industries moves SAT against Sebi ban, penalty
  • No logic behind India’s low credit rating: Deepak Parekh
  • FinMin official advised subsidiary to not pay dividends, accuses Cairn
  • Trai begins process for network testing before commercial launch of service
  • Govt confident of achieving 3.5% fiscal deficit target for 2016-17
  • IGL acquires two steel pipelines from GAIL
  • Govt under pressure to push GST rollout to September 1
  • Defaulters can’t seek enforcement of fundamental rights: Apex court
  • Tata Motors sales decline 21% to 30,972 units in April

Image result for Tata Motors

  • Oil India notifies two discoveries in Assam
  • SBI reduces term deposit rates by up to 50 bps
  • Corporate tax rate may be lowered to 25% for bigger Indian companies
  • Reliance Jio revenue market share to fall in next 3 years: UBS report
  • Snapdeal board to meet today to discuss likely sale to Flipkart
  • 5Paisa Capital to list shares on BSE, NSE in June
  • Hero MotoCorp hikes prices of scooters, motorcycles by up to Rs2,200
  • CBDT gets highest number of APA requests from US
  • Turkish President Recep Tayyip Erdogan makes a pitch for India-Turkey FTA
  • Reveal names of top corporate wilful defaulters: Bank officials
  • Government asks CIL to expedite coal export to neighbouring nations
  • Sufficient supplies keep edible oil prices under pressure
  • Dalal Street on a confirmed uptrend: William O’Neil
  • Nissan India sales rise 39% to 4,217 units in April
  • Emerging market funds likely to make big buys
  • Cairn alleges dividend frozen to square off retro tax demand