Morning Business News Round Up_ Nov 12, 2018

  • Oil short-sellers are back as OPEC takes centrestage
  • Tech Mahindra looks at global 5G rollouts as opportunity
  • RBI seeks time till Nov 26 to respond to CIC notice
  • NBFCs push credit demand by 14.4% to a 5-year high
  • Exports: 16 out of 30 sectors in negative zone in Sept
  • India contracts 8 lakh tonnes of sugar exports so far
  • Disinvestment dept to fix rules for sale of enemy shares
  • Usha Martin gets nod from 99.99% shareholders for steel biz sale to Tatas
  • Cochin Shipyard on course to execute Rs 150 bn worth projects, says CMD
  • FinMin rejigs CPSE ETF, includes NTPC, 3 other PSUs; eyes Rs 80 bn via FPOs
  • Steel industry growth hikes India’s coal imports by 8% to 134 mt in Apr-Oct
  • Sebi picks Wipro, L&T Infotech among 7 cos for market vigilance activities
  • India, Russia banks to discuss rouble-rupee trade today
  • ‘SEBI’s decisions are for the benefit of the customer’
  • FinMin: RBI ‘must do more’ for financial sector
  • Puravankara sales up 23% in first half this fiscal
  • Bharti Airtel to pre-pay $1.5 billion debt with Netherlands arm
  • RCEP leaders to call for early conclusion of mega-trade pact
  • Volkswagen plans entry-level electric car to challenge Tesla
  • JPMorgan leads $283 billion Brexit shift to Frankfurt
  • Saudi Arabia to cut oil supply amid signs of new glut
  • India’s liquidity crisis set to rock RBI board meeting
  • Govt weighing sale of 149 ONGC fields to private companies
  • Alibaba Singles’ Day in China smashes $25 billion sales record
  • GST a monumental reform, hit growth only for 2 quarters: Finance Minister Arun Jaitley
  • Arvind Pangariya cautions: Import duty hikes can be counter-productive
  • India’s coal imports rise 8 percent to 134 MT in the April-October
  • India witnesses over 4.36 lakh cyberattacks from Russia, US, others in January-June: F-Secure
  • RCom settles case of alleged failure to inform interest payment default on debentures: Sebi
  • RBI’s controls clash with govt’s ‘short-term goals’
  • 357 infrastructure projects show cost overruns of over Rs 3.39 lakh crore
  • GST compensation to states falls to Rs 11,900 crore in Aug-Sept