Morning Business News Round Up_ Oct 17, 2018

Morning Business News :

  • Pradhan says govt does not interfere in fuel pricing
  • Amazon in talks with Biyani’s Future to buy stake
  • Uber valued at up to $120 billion in IPO proposal

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  • Hero Moto Q2 profit drops 3% to Rs 976 crore
  • Walmart says USD 16-bn Flipkart deal to hit earnings
  • Ajay Piramal eyes $1 bn in pharma arm sale
  • India to benefit from US-China tussle: EPCH
  • Infosys beats estimates, Q2 net profit rises 10.3% to Rs 41 bn
  • RIL eyes large stake in Hathway Cable, Den Networks to boost broadband play
  • India may get waiver from US sanctions on Iran oil exports this month: MRPL
  • CVC share report on top 100 bank frauds with RBI, ED & CBI
  • Investment in India via P-notes hits 9 year low of Rs 795.48 bn in Sept
  • India will add 8.5-GW renewable energy in FY19, says ICRA
  • Agri focus, rising mechanisation will boost tractor market’
  • NCLT reserves order on liquidation of Unity Infra
  • GVK to amalgamate GVKADL with BAIDL
  • Govt hikes GPF interest rate to 8% for Oct-Dec quarter
  • Greece invites Indian companies to explore biz opportunities
  • Edelweiss-backed fund buys Essel Infra’s power assets for ₹6,000 cr
  • Ola’s Foodpanda buys Holachef, looks to enter cloud kitchens

Image result for Holachef

  • Climate change is threatening world’s beer supply
  • IndusInd Bank’s Q2 results show a peek into the IL&FS booby trap
  • Volvo warns some vehicle engines may exceed emission limits
  • Prime Venture leads ₹65 crore funding round in myGate
  • NIIF to invest Rs 660 cr in HDFC Capital realty platform to fund housing projects
  • India’s steel demand expected to move back to higher growth track, says worldsteel
  • Insurer Anthem will pay record $16 mllion for massive data breach
  • Nokia, BSNL announce partnership to introduce 5G in India
  • Infrastructure spending in rural areas on a steady path
  • ArcelorMittal offers Rs 4,554 cr to settle Galva, Petron dues against Rs 7K cr put in escrow
  • RBI guidelines on mobile wallet payments out
  • Tata Steel to match JSW bid for Bhushan Power