Morning Business News Round Up_ Nov 16, 2018

  • Tata board may decide Jet Airways takeover on Friday
  • Fitch keeps India’s sovereign rating unchanged at ‘BBB-‘
  • October trade deficit widens to $ 17.13 billion
  • Trai floats paper on discontinuing printed phone bills
  • ITC looks to expand food portfolio to boost turnover
  • Sebi asks listed cos to disclose commodity risks in transparent, uniform manner
  • Centre looks to raise Rs 140 bn through basket share sale in 11 CPSEs
  • Rahul Bajaj lauds Urjit Patel for defending RBI, warns govt on Section 7
  • No takers for India’s real estate bonds as IL&FS fuels worry of defaults
  • Rupee rallies to two-month high, jumps 34 paise to close below 72-mark
  • Walmart increases annual earnings estimate on higher quarterly revenue
  • Mahindra to invest ₹1,000 cr in e-vehicles
  • ‘Over 10 lakh crore invested in telecom sector in 2 years’
  • Exports bounce back, grow 17.86% to $26.9 b in October
  • Post GST, pharma sector grew 6% till May this year: Minister
  • Bajaj Electricals expects 49% increase in turnover this year
  • Coal India Q2 profits boosted by higher selling prices
  • ITC eyes Rs1 trillion from FMCG, plans to expand food portfolio
  • Indian Hotels narrows Q2 loss to ₹5.21 crore
  • RInfra Q2 profit slips 49% to Rs277 crore
  • Uber posts $1 billion loss as growth in bookings slows
  • India’s transition to low carbon economy still short, claims report
  • Demonetisation: 80,000 being chased by I-T for large cash deposits
  • RBI Board meet: Finance Ministry keen on boosting MSME credit, NBFC liquidity
  • NBFC debt crisis is starting to hit India’s consumersØ CAR of Allahabad Bank, UCO, IDBI, CBI fall below 9%
  • BEL pays 40% final dividend to govt, total at 200%
  • Intel sets up Rs 1,100 crore design centre in Bangalore
  • ED probes FEMA violations by Amazon, Flipkart