Morning Business News Round Up_Nov 08,2017

Morning Business News :

  • Trai plans to remove 50% limit on spectrum holdings
  • Govt plans phase-2 of digital payment push from Jan
  • Paradise Papers cases will be on individual merit: FM
  • ‘Saudi banks freeze more than 1,200 a/cs in probe’
  • Qatar fund to sell 5% stake in Airtel via block deal
  • Hindustan Copper preparing tender for MDO to developing Singhbhum mines
  • Infosys to open innovation hubs in the US: Nilekani
  • Government plans new telecom policy by February 2018
  • Lupin gets USFDA warning for Goa & Pithampur plants, stock tanks 15%
  • Crude oil up to $65 a barrel not a worry
  • Bajaj Auto eyes 23% market share by end of FY18
  • RCom in talks with parties to renegotiate tower business sales
  • Top trade union demands guarantees in Thyssenkrupp-Tata steel JV
  • $10-billion fighter deal hits tech-transfer air pocket
  • GSK Consumer Q2 profit up marginally at Rs. 192 cr
  • PE, VC investments hit new high of $21.8 bn
  • Crash in pharma stocks triggers panic across market
  • Aditya Birla Capital net rises 68% on NBFC business
  • I-T to issue 1 lakh notices for huge deposits post demonetisation
  • Sensex tanks 360 points as oil prices rally stokes inflation fears
  • Merger of MMTC, STC on the cards

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  • HDFC Standard Life IPO subscribed 46% on Day 1 on institutional demand
  • Arun Jaitley hints at pruning more items in 28% GST slab
  • Cipla Q2 profit rises 19% to Rs423 crore
  • Bhel Q2 profit rises 6% to Rs115 crore, misses estimates
  • India home to 2,19,000 millionaires: Capgemini report
  • Number of small denomination notes rises from 14% to 26% post demonetisation
  • Wheat sowing in full swing, says ICAR official
  • April- October direct tax collections rise 15.2% to Rs 4.39 lakh crore: CBDT
  • India begins anti-dumping probe into cheap paper imports
  • NMDC plans to bid for $9b diamond mine in MP
  • Note ban, GST impact behind us, growth in sight: FM
  • VRS, renting out property mulled for MTNL revival
  • PSUs nudged to set up SPVs for greenfield units