Morning Business News Round Up_Jan 18, 2019

Morning Business News :

  • May need more currency as GDP size increasing: RBI
  • L&T Infotech acquires Ruletronics for $7.48-mn
  • RIL first pvt co to top Rs 10,000 cr profit mark
  • IL&FS says unable to meet interest payment obligation
  • HUL Q3 profit rises 9% YoY to Rs 1,444 crore
  • Reliance faces Rs 1 crore fine over NGT row
  • Icra expects auto parts industry to grow 15% this fiscal
  • Naresh Goyal sets terms for Rs 700-cr infusion into debt-laden Jet Airways
  • I-T dept holds back Rs 20,000 crore in tax refunds to private, PSU firms
  • Adani partners Germany’s BASF for Rs 16,000-crore petrochem foray
  • Edelweiss Financial Services ties up $1.3 billion to buy India debt assets
  • 18 NBFC-MFIs pool Rs 835 cr for securitisation, easing liquidity crisis
  • GDP to be a tad higher to 7.5% in FY20: India Ratings
  • Car market in India continues to move in slow lane: report
  • NSEL scam: Corporate Ministry allows SFIO to prosecute everyone involved
  • GMR in talks with MAHB on Hyderabad airport stake sale
  • Deep in debt, Rolta India goes into stand-by mode
  • CCI imposes ₹85-lakh penalty on Godrej & Boyce
  • Govt mulls deemed admission of companies under insolvency law
  • NGT asks Volkswagen to pay penalty of Rs 100 cr in 24 hrs
  • CII asks RBI to cut repo rate, cash reserve ratio
  • Share buybacks fail to boost share prices, investor morale

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  • Hero Future in talks to buy Fotowatio’s solar project in India
  • Naresh Goyal refuses to cede control of Jet Airways
  • Need to focus on alternative fuels: Nitin Gadkari
  • Aurobindo to buy 7 products from US firm in $300-million deal
  • Daiichi moves SC to restrain Fortis from transferring funds from IHH
  • PFC to borrow Rs 14,000 crore to fund REC buy
  • SCCL plans Rs 10,000-crore capex, eyes new coal blocks, mines
  • Telecom sector may stabilise soon post-consolidation: Trai chairman
  • Singed Shalimar Paints plans mega come back
  • Gujarat cotton output may fall 48% this year
  • SBI: Only preserving time value of money in Essar
  • Philips Carbon Black to fix southern location of Rs 600-crore project; net jumps 92%