Morning Business News Round Up_ Nov 29, 2018

  • TCS becomes most valued firm again, overtakes RIL
  • Bhushan Steel is Tata Steel BSL Ltd now
  • Aditya Birla life insurance bets on OMCs in 2019
  • RBI may infuse Rs 1.6 lakh crore via OMOs in Q4: BofAML
  • Tata Motors JLR gets UK funding for low-carbon tech
  • Tata Consultancy acquires BridgePoint Group
  • Mobile users base marginally up at 119.1 cr in Sept
  • Govt cuts GDP growth data during UPA regime, says ‘nothing misleading’
  • IFC investments in India up by 136% to over $2.6 billion in FY 2018
  • ABB ties up with EV Motors for Rs 14-billion E-charging business
  • Govt to ramp up pressure for changes at next RBI board meeting: Sources
  • SBI increases fixed deposit rates by up to 10 bps on select maturities
  • Engineering exports may dip $5 b this fiscal on growing protectionism: EEPC
  • Wipro Lighting partners with Belgium-based firm Schreder
  • India Inc foreign borrowings down 66% in October
  • Back series data trim GDP growth rates for FY05-12
  • Mahindra wins in IPR case filed by Fiat Chrysler in the US
  • Unilever, Nestle in pole position for GSK’s Horlicks
  • New GDP data knocks UPA off growth pedestal
  • Global economy may be slowing more than expected, Christine Lagarde says
  • BSE creates new division for listing of startups
  • Truecaller Pay to go live will Bharat Bill Payments in December
  • Telcos ask Trai to revisit method for spectrum valuation
  • Unilever said to lead race to buy Horlicks for GSK Consumer
  • Coal block auctions: Initial response positive, 69 firms purchase the tender documents priced at Rs 5 lakh
  • ICICI Bank plans to grow retail loan portfolio in FY 2018-19
  • India to export fish meal, fish oil to China: Commerce Ministry
  • IL&FS puts green energy arms on block
  • BoB-Dena-Vijaya to start operations from April 1
  • Goyal agrees to sell controlling stake in Jet Airways
  • Revenue market share gains continue for Jio
  • Vedanta’s Plea To Export excess Crude From Barmer rejected
  • India Inc foreign borrowings down 66% to $1.41b in Oct

Today’s M & A Deals_Nov 29, 2018

M & A Deals :

  • Godrej Fund Management to bump up one of its real estate funds
  • Mount Judi Ventures gets SEBI nod for VC fund, eyes first close
  • Oriental Bank of Commerce plans to sell stake in life insurance JV
  • Yamaha joins vehicle rental platform Drivezy’s Series B funding ride
  • RP-SG Ventures bets on merchandise startup The Souled Store
  • Everstone-backed Crystal Crop Protection buys three brands from Syngenta
  • IT stocks help Sensex finish in the green for third straight session
  • Actis may buy Essel’s solar projects; Nestle, Unilever vie for GSK’s Horlicks
  • Our new angel fund gives us a more distinct identity: Lets Venture’s Shanti Mohan
  • Restaurant reservation platform Dineout buys SaaS startup Torqus
  • BillDesk FY18 net profit grows 8%, revenue climbs nearly 23%