Morning Business News Round Up_ Nov 15, 2018

  • India, US to increase engagement in oil, energy sector
  • Vodafone Idea reports Q2 loss of Rs 4,974 crore
  • RBI imposes fine of Rs 3 cr on Deutsche, J&K Bank
  • Air India bailout plan not alt to divestment: CMD
  • Gautam Singhania quits Raymond Apparel as chairman
  • RBI, govt trying to reach consensus on some issues
  • Pfizer Q2 net profit falls 14% to Rs 95.8 crore
  • Moody’s downgrades Tata Motors’ outlook to negative on JLR woes
  • India to attract investments worth $80 bn in renewable energy: Report
  • NCLAT okays UltraTech bid for Binani Cement, says no to Dalmia Bharat
  • Nalco declares share buyback offer worth Rs 5.05 bn; date of closing Nov 28
  • M&As likely to gain traction as more bankruptcy cases go to NCLT
  • Tata Global to invest ₹100 cr in tea packaging unit
  • Steel, Heavy Industry, Textile Ministries still apprehensive over RCEP pact
  • Govt mulls delinking investment from FTAs, seeks legal opinion
  • GVK to divest stake in airport holding biz
  • CESC Q2 profit up 20% at ₹975 cr
  • Motherson Sumi Q2 net down 10% at ₹426 cr
  • Jet Airways to sell six Boeing 777 planes to reduce debt
  • RBI, govt trying to reach common ground on some key issues
  • IDBI Bank posts eighth straight quarterly loss as provisions surge
  • NBFCs face unforgiving bond market as volumes plummet
  • Yes Bank chairman Ashok Chawla resigns over corruption charges
  • Q2 results: M&M profit rises 24%, beats estimates
  • Rupee payment mechanism to bolster India’s trade with Iran, says TPCI
  • Samsung drugmaker fined for $4 billion accounts breach
  • India’s job outlook drops 3 percent to 92 percent in H2 of FY19: Report
  • CCI cotton procurement yet to pick up as prices above MSP
  • DoT explores single telecom fee, to define AGR to cut disputes
  • RBI, govt to accommodate each other by Nov 19 meet
  • Sundaram Fin to divest 40% stake in Royal Sundaram
  • JM Financial arm offers 10% interest on NCDs

Today’s M & A Deals_Nov 15, 2018

M & A Deals :

  • Motilal Oswal PE loses a top executive
  • Ageas to acquire 40% stake in Royal Sundaram General Insurance
  • Prime Venture leads Series A funding in retail-tech platform Perpule
  • 1Crowd leads pre-Series A funding round in Hoi Foods
  • Sensex closes flat as firm rupee weighs on IT, healthcare stocks
  • Retail-tech startup Perpule gets Series A cheque
  • Infibeam’s revenue up 83% in Q2, posts net profit