Morning Business News Round Up_Feb 01, 2019

Morning Business News :

  • GST collections cross Rs 1 lakh cr in January
  • Oil India gets Sebi exemption from buyback norms
  • NCLT allows govt to add 19 new names in PNB scam
  • Airtel loses 5.7 cr mobile customers in Dec 2018
  • Ola losses narrow to Rs 2,842 crore for FY18
  • Stake sale in SE Asia business will improve Tata Steel’s leverage profile: Fitch
  • India’s core sector growth falls to 18-month low of 2.6% in December
  • Govt refuses to extend February 1 deadline for new e-commerce FDI rules
  • Unemployment rate at four-decade high of 6.1% in 2017-18: NSSO survey
  • RBI removes BoI, BoM, OBC from Prompt Corrective Action framework
  • IRDAI asks insurers to provide for IL&FS exposure, wants mis-selling curbed
  • Domestic mining firms to gain as internationaliron ore prices surge
  • Chalet Hotels IPO gets almost nil response from retail investors

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  • CPI inflation for industrial workers rises to 5.24% in December
  • Higher cost, lower realisation pull Vedanta’s net down 21%
  • NMDC net up 78% at ₹1,577 cr
  • Lower logistics cost to help boost exports by 5-8%: FIEO
  • Escorts chalks out ₹400-cr capex for expansion, JVs
  • GDP growth rate for 2017-18 revised upwards to 7.2%
  • China appeals to US to accept its technology progress
  • Hero MotoCorp quarterly profit slips on higher expenses
  • Bharti Airtel Q3 net profit falls 71.8% to₹86.2 crore
  • Bank of India, Bank of Maharashtra out of RBI’s corrective action list
  • Govt approves 4 lakh houses under PMAY(U)
  • Sebi-Sahara case: Supreme Court summons Subrata Roy on February 28
  • Govt floats tender to tie up 2.5 GW PPAs with stranded plants
  • Power Grid Corp Q3 profit rises 14.2% to Rs 2,368 crore
  • Dabur India Q3 profit increases 10% to Rs 367 crore driven by higher net sales
  • Dena Bank Q3 loss narrows as provisions decreases
  • Central bank gold buying at highest level since 1970s
  • Thermax opens new factory to make chillers, heat pumps
  • Limited awareness among SMEs restricts growth of online lending platforms
  • H-1B rule change keeps qualification in, talent out
  • Chalet Hotels IPO gets almost nil response from retail investors