Morning Business News Round Up_ Nov 26, 2018

  • DoT eyes reverse auction to meet fiscal needs
  • Arcelor’s takeover of Essar Steel faces a new hurdle
  • ‘Despite a growing economy, many live below poverty’
  • Jio tops chart in terms of AGR in Sept quarter: TRAI
  • Water could be the next big test for private sector
  • RBI’s capital framework panel likely to be formed
  • Cabinet may take up agri export policy this week
  • Need to discuss governance issues with RBI: Economic Affairs Secretary
  • CPSE merger: EY, Deloitte, four other firms bid for advising FinMin
  • EU leaders approve Brexit deal, say UK Parliament has to vote for plan
  • I-T dept sells Cairn shares to recover part of Rs 102-bn retrospective tax
  • Govt scheme to popularise electronic vehicles to get Rs 8.95 billion
  • M&M puts on hold SsangYong’s entry into the U.S car market
  • Essar Steel: CoC approval of ArcelorMittal bid is flawed and illegal, says StanChart
  • 216 railway projects report cost overrun of Rs 2.46 lakh cr
  • FPI inflows seen at ₹6,310 cr in Nov so far
  • Tax on free services: PMO set to wade into ₹40,000 cr spat between banks, revenue dept
  • Finance ministry expects 3-4 banks to be out of PCA this fiscal: Report
  • ESR-Allianz Real Estate JV to invest $1 billion in India
  • Jet Airways will not exit Jet Privilege completely
  • Oil PSUs to allot 65,000 petrol pumps ahead of general elections
  • Indonesia’s PT Bio Farma gets cleanchit in polio vaccine contamination case
  • JSW Steel revamps operations, product mix to align with climate change goals
  • Government plans to complete sale of Air India subsidiary AIATSL by March 2019
  • Default cases: IBC helps recovery of Rs 3 lakh crore in 2 years
  • Sebi refuses to share regulatory inputs
  • PMO may ask DoT to conduct internal audit of BharatNet
  • Crude oil production declines in September
  • Mahindra enters premium SUV space with Alturas G4