Morning Business News Round Up_July 23, 2018

  •  Trade issue: India under pressure from 15 APac nations
  •  Oil PSUs spend 20% of annual capex in Q1
  •  G20 ministers call for dialogue on trade issues: Draft
  •  Related imageMaran loses Rs 1,323-cr arbitration against Spicejet
  •  Walky-talky spectrum allocation: Trai wants no auction
  •  Sebi norms: 291 listed firms need to split CMD posts
  •  Govt unlikely to move ahead on MMTC-STC merger
  •  Cross-border insolvency rules: Govt mulls adopting UN legal model
  •  Synthetic textiles to become 5-7% cheaper on GST rate cut on fabric
  •  Sterlite Copper’s closure to impact turnover of Rs 600 bn for industry: CEO
  •  Combined net profit of top 23 auto cos just 2.79% of gross turnover in FY17
  •  GST rate cut, return simplification to increase revenue, compliance: CII
  •  US pushes for diluting protecting access to affordable medicines in draft negotiations
  •  Orient Cement plans Rs. 2,000-cr expansion
  •  Reliance Power net up 3% to Rs 237.33 cr
  •  US sanctions on Iran pose risk to profitability: MRPL
  •  Debt downgraded, ILFS road arm says facing defaults
  •  BSNL aims to sell 10,000 satellite phones by March 2019
  •  Housing sales in Noida, Greater Noida rise 51% in Q2, dip 52% in Gurgaon: PropTiger
  •  Chief technology officers of Reliance Jio, Bharti Airtel quit
  •  HDFC Bank Q1 profit rises 18% at Rs4,601 crore
  •  Federal Bank gets RBI nod to enter Bahrain, Kuwait, Spore
  •  Corporation Bank to raise Rs 2,555 crore by issuing shares to government
  •  Rupee on free fall: INR plunge to continue on strong dollar; may hit 70.3 by September, says Morgan Stanley
  •  JPMorgan says record-breaking US bull market could run until 2020
  •  Textile industry worried by rising investment flow into Ethiopia
  •  Thermal coal imports up 19% in first quarter
  •  CEA does not feel strongly for project Sashakt to tackle NPAs
  •  Finished steel export falls 33% in April-June
  •  ICICI Lombard 1st pvt insurer to beat UII in business growth