Morning Business News Round Up_ Oct 31, 2018

  • RBI to inject Rs 12,000 cr liquidity in system on Thu
  • Government to sell 3% stake in Coal India
  • PNB scam: Choksi opposes ED’s fugitive offender plea
  • GE cuts dividend, splits loss-making power unit
  • Tata Motors starts production of upcoming SUV Harrier
  • Cognizant records $28 million loss in India bribe talks with US DOJ, SEC
  • UK may suffer long recession after no-deal Brexit: S&P
  • Sebi not in favour of NSE-MCX merger due to co-location controversy
  • Sebi cautions investors against dealing with foreign trading portals
  • Tech Mahindra Q2 : Profit at 27% YoY beats street estimates
  • Centre approves construction of 215,000 houses in 6 states under PMAY (U)
  • Sebi exempts govt from making an open offer in PNB capital infusion
  • Dr Reddy’s facility fails to clear the inspections by USFDA yet again
  • FinMin looks to bury the hatchet with RBI
  • Paper demand to touch 20.8 million tonne in FY21
  • Italy, India to set up fast track mechanism to promote investments
  • Govt kickstarts process for further M&As in energy sector
  • Fortis case: Court bars 7 cos owing Singhs ₹639 cr from selling assets
  • Emami Q2 profit falls amid flat revenues
  • RBI looked the other way when banks lent excessively: Jaitley
  • Jet Airways brings Goldman, BCG on board in revival efforts
  • FSDC discusses NBFC liquidity issues, RBI promises adequate fund flow in system
  • Shapoorji Pallonji, Royal Vopak to set up LPG terminal in Gujarat
  • BPCL to shut crude unit, secondary capacity at Kochi refinery in Dec
  • Centre, states apportion Rs 32,000 crore IGST in October
  • Six Tata Trusts withdraw pleas against Income Tax department notices
  • ICAI fast-tracks pending cases for enquiry
  • SBI halves ATM withdrawal limit to Rs 20k for some card holders
  • Govt eyes consolidation route to reach divestment goal
  • Spat shows central bank’s independence: Morgan Stanley

Today’s M & A Deals_Oct 31, 2018

M & A Deals :

 

  • TPG Growth’s Asia healthcare platform seals buyout in India
  • Goldman Sachs PE unit plans to buy cattle feed firms in India
  • Columbia Asia Hospitals sells Ahmedabad unit to Zydus Hospitals
  • Japan’s Incubate Fund, others invest in e-sports startup GamingMonk
  • Govt considers outright sale of IL&FS to resolve crisis: Report
  • Government to sell up to 9% stake in Coal India
  • Will the $34-bn Red Hat buyout boost IBM’s cloud business?
  • Faasos’ cloud kitchen pivot starts to pay off as revenues rise 67% in FY18
  • E-sports startup GamingMonk gets fresh funding
  • CII ties up with WhatsApp Business app to train SMEs in customer outreach