Morning Business News Round Up_ Dec 24, 2018

  • Huawei faces new setbacks in Europe’s telecom market
  • Tata Motors assures UK PM May of JLR commitment
  • China mulls new foreign investment law
  • GST to consider 5% GST on under-construction homes
  • Govt moots Rs 7,400 crore soft loan to sugar mills
  • ONGC board thinks not the right time to list OVL
  • Himachal Futuristic Communications wins L&T contract
  • Increase e-Visa validity to 10 years to boost tourism: NITI Aayog
  • FinMin’s Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger
  • Shriram Transport to M&M Finance, volume dip deflates vehicle financiers
  • IFC to back Lighthouse’s SPV to acquire stake in footwear firm Aqualite Ind
  • MNC drug majors outshine Indian peers, draw investors’ attention
  • GST Council’s announcements bring comfort: Industry bodies
  • Maruti scouting for land in Haryana only to shift Gurgaon plant
  • IT Alliance Australia plans to bring ₹600 cr FDI in 7 years
  • NCLAT stays insolvency proceedings against Eastern Coalfields
  • 10 Indian startups selected for Google News Initiative funding
  • India Inc raises Rs 6 trillion from equity, debt markets in 2018
  • Avoid cap on remuneration of independent directors: CII to govt
  • Partial US government shutdown set to last through Christmas
  • Pass on GST rate cuts or face withdrawal of benefits: Jaitley to businesses
  • Petroleum products should be under GST, says Industry body
  • Oil market likely to rebalance early 2019: OPEC ministers
  • NMDC moved HC after exhausting all options in Karnataka: CMD Hyderabad
  • Need to open up India’s dredging market to boost ports trade: NITI
  • Public credit registry to become reality soon
  • FPIs infuse Rs 1,332 crore in equity in three weeks
  • MCA wing speeds up fraud detection
  • SBI may raise Rs 12,000 cr overseas for PFC’s REC buy