Morning Business News Round Up_May 30, 2018

  •   SGX defers launch of new India product
  •   FPI debt selling hits 18-month high in May
  •   Banks ask exporters to close Iran deals due to curbs
  •   States owe generation cos Rs 32,024 cr till Feb 2018
  •   Reliance Infratel withdraws petition seeking asset sales
  •   NCLAT to hear Essar Steel lenders plea on May 30
  •   Vedanta prepares legal challenge to plant closure
  •   Coal India Q4 net profit drops 52% to Rs 12.95 bn on higher employee cost
  •   Banks have disbursed Rs 6 trillion Mudra loans: PM
  •   Sebi launches probe into MCX’s technical glitches and NSE’s NOW disruption
  •   Fortis terminates Munjal-Burman offer, initiates fresh bidding process
  •   ITI Ltd’s FPO likely to be completed soon to meet minimum 25% shareholding
  •   Dish TV reports Rs 1.2 bn PAT in Q4FY18, operating revenue at Rs 15.32 bn
  •   Centre promises to refund textile GST dues in 20 days
  •   Paytm trims losses by 39% to Rs 900 cr in FY17
  •   M&M Q4 net surges 50% at Rs 1,155 cr
  •   Fruit & vegetable output pegged at over 307 million tonnes in current
  •   Gas leak reported at GNFC’s TDI unit in Dahej
  •   ONGC nominates one director on HPCL board
  •   Banking services may be hit by 2-day union strike from Wednesday
  •   RCom offers to pay Ericsson Rs500 crore to settle dispute
  •   Trai proposes use of blockchain technology to curb pesky calls, SMS
  •   Nestle to cut 500 jobs in biggest swiss restructuring plan
  •   Rupee closes lower against US dollar
  •   Another shocker for Vedanta’s Setrlite copper plant: Tamil Nadu cancels land allotment
  •   Rotomac bank fraud case: ED attaches Rs 177 crore assets
  •   World Bank to provide $21.7 mn loan for Rajasthan financial management
  •   Bangladesh could well march past India on the growth path
  • Related image  India’s exports may jump 20% in current fiscal 2018-19 to $350 billion
  •   Rubber production deficit to be at record high this year
  •   BSNL-Patanjali co-branded SIM card offers 60GB @ Rs 144
  •   CBI books AirAsia CEO Tony Fernandes on lobbying charges
  •   Reserve Bank audit reveals NPA divergence of Rs 45,600 cr in PSBs