Morning Business News Round Up_Feb 27, 2018

Morning Business News :

  • NCAER pegs India’s 2018-19 economic growth at 7.5%
  • CBI seeks details of nostro transactions from 5 banks
  • DGS seeks HUL response on GST calculation method
  • WhatsApp leaks: HDFC Bank submits report to Sebi
  • Bhushan Steel bid: Liberty makes case before NCLT
  • Services, industrials to lift Q3 GVA print to 6.8%
  • UPI-based system mulled for retail investors in IPOs
  • Rs 11 trillion priority sector lending target achievable: FM
  • SBI Chairman expects PNB to clear Rs 13 bn dues
  • RInfra wins Rs 2.92 bn arbitration with Goa govt over non-payment of dues
  • RIL-BP’s $4 bn plan for developing 3 sets of discoveries in KG-D6 approved
  • Weinstein studio to file for bankruptcy as investors stop funding
  • ACC shelves plans to merge with Ambuja Cement
  • KYC norms for e-wallets made mandatory from March 1

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  • Technology, better supervision needed to tackle banking malpractices: CII
  • Aircel’s woes rise as majority shareholder Maxis decides not to infuse more funds
  • Daiichi-Ranbaxy row: HC orders attachment of Singh brothers’ assets
  • PFC to lend Rs 50,200 cr for UP power projects
  • Indian equities no longer top pick among emerging markets
  • Trai begins consultation to fix service quality norms for LTE calls
  • Anadarko in talks with nine Indian firms to sell gas from Rovuma basin
  • Idea-Vodafone building war chest to take on rivals
  • Kalyan Jewellers looks to file IPO papers in a month
  • BSNL selects Nokia to launch 4G service in 10 circles
  • HG Infra IPO 11% subscription on Day 1
  • 70% IGST refund stuck due to flawed claims filed by exporters: CBEC
  • Vodafone group CEO Vittario Colao terms Trai predatory pricing rule as unfair
  • Govt publishes names of 9,500 high risk non-banking financial companies
  • Grundfos bets big on e-pumps; eyes Rs 1,000 cr turnover from India in 4 years
  • RBI raises currency derivative trade limit to USD 100 mn
  • Hindustan Zinc invests Rs 600 cr in 2 new mills
  • Bank NPAs to rise with new resolution rules
  • Warburg Pincus to sell part stake in Lemon Tree Hotels via IPO
  • Auction by Andhra Bank exposes chinks in banking