Morning Business News Round Up_March 15, 2018

Morning Business News :

  • World Bank projects India’s FY19 GDP growth at 7.3%
  • SBI may challenge order against taking over assets
  • Currency in circulation back to pre-demonetisation level
  • LTCG relief for investors of unlisted cos as govt extends indexation benefit
  • Indian realty sector market to reach $180 billion
  • Saudi turns to nuclear power to curb oil addiction
  • Decoding Videocon’s move on Philips, Electrolux
  • PNB fraud: RBI guv Urjit Patel blames regulatory constraints for scam
  • WB to raise lending to India by $1 bn for next five years
  • Strides Shasun gets US FDA approval for HIV treatment drug Efavirenz
  • Torrent may raise Rs 15 bn via QIP as it readies to bid for Sanofi assets
  • Revise GST, impose anti-dumping duty to boost textile sector: Parl panel
  • Bandhan Bank aims to keep gross NPA below 1%

Image result for Bandhan Bank

  • Cabinet approves India, Iran double taxation pact
  • Wholesale price inflation eases to 2.48% in Feb
  • Ban on LoUs to have disruptive impact: India Inc
  • Suzlon installs India’s largest wind turbine generator
  • Calderys India Refractories eyeing 25% capacity expansion
  • L&T wins contracts worth₹1,600 crore
  • BoI hits pay dirt on recoveries, helps lift sentiment for public sector peers
  • Yes Bank acquires 17.31% stake in Fortis Healthcare
  • Bharat Dynamics IPO sees 46% subscription on Day 2
  • UltraTech Cement hikes bid for Binani Cement to $1 billion
  • PNB fraud: ED seeks Interpol warrant against Nirav Modi, Mehul Choksi
  • Sensex, Nifty end in red as blue-chip shares plunge, PSU banks rise up to 14%; OMCs tumble
  • Bharti Airtel approves allotment of debentures to raise Rs 3,000 cr
  • 67% Indian businesses hit by ransomware, 38% twice: Sophos
  • Aviation ministry eyes 5-fold rise in passenger trips to 1 bn in 15-20 years: Jayant Sinha
  • Clean-up act: Banks may give PNB short-term loans
  • Wipro to divest hosted data centre services biz to Ensono for $405m
  • RBI Guv calls for more powers to regulate state-owned lenders