Morning Business News Round Up_June 12, 2018

  •  RBI releases norms to modify loan system for borrowers
  • Related image Cash-rich RIL looks to raise $3 bn as debt matures
  •  ‘UK confirms Nirav Modi’s presence in Britain’
  •  Court admits insolvency plea against Sterling Biotech
  •  Real estate cos staring at Rs 20K cr hole in their books
  •  Fortis defers approval of Q4, FY18 results to June 25
  •  Patanjali, Adani submit bids to buy Ruchi Soya
  •  Once flush with $4.3 bn, ONGC has shed 90% of its cash to feed oil demand
  •  Banks to face bigger challenges than NPAs in the coming years, says SBI
  •  Government to ensure coal availability to power plants: Piyush Goyal
  •  RBI Governor Urjit Patel likely to appear before parl panel on Tuesday
  •  PSBs may see Rs 180-200 billion mark-to-market losses in Q1FY19
  •  Infosys gets nod to delist from Euronext Paris, London
  •  Monsoon heads for a break after delivering 18% surplus
  •  Gujarat millers seek govt support to popularise groundnut oil
  •  L&T Construction bags orders worth Rs 2,210 cr
  •  Vedanta acquires management control of Electrosteel Steels
  •  Maruti Suzuki launches water ATM in Manesar in CSR initiative
  •  RBI to raise $30-35 billion via NRI bonds to support rupee: Report
  •  Elliott urges Thyssenkrupp to negotiate better Tata Steel deal
  •  Once cash rich, India’s demands erode 90% of ONGC’s war chest
  •  D-Mart parent hits Rs1 trillion market cap
  •  India’s petrol, diesel demand rise to record highs in May
  •  Bharti Airtel to increase mobile sites in TN by 30%
  •  More banks unlikley to come under RBI corrective action, says finmin official
  •  PM Modi to dedicate to nation SAIL’s expanded steel plant at Bhilai on June 14
  •  Tata Power bags 150 MW solar project in Maharashtra
  •  Over Rs 7000 cr GST refunds of exporters cleared
  •  No intent to control sugar sector; just helping mills clear cane arrears: Govt
  •  Sebi orders probe into ASM list leak
  •  Allahabad Bank refers Rs 12,566cr accounts to NCLT
  •  Rapid rise in demand led to feeling of coal shortages: Goyal