Morning Business News Round Up_Feb 06, 2019

Morning Business News :

  • 5L cr stressed corp loans yet to be tagged as NPAs
  • RBI slaps penalties on Axis, UCO and Syndicate Bank
  • Zee, IL&FS exemplify poor corporate governance’
  • India among nations to benefit from US-China trade war
  • ED okays restoration of Mallya’s properties to banks
  • Govt expects Rs 69,000 cr dividend from RBI in FY20
  • Fitch puts ratings of Jaguar Land Rover under review citing Brexit
  • Realty, construction, power may spell more trouble to banks: India Ratings
  • Centre hopes to mop up Rs 4.4 trillion from cess and surcharges in FY20
  • Fraud-hit PNB bounces back into black with Rs 246-crore profit in Q3
  • Irdai permits testing of products under regulatory sandbox approach
  • Moody’s downgrades Bharti Airtel rating to Ba1 over cash-flow situation

Image result for • Moody's downgrades Bharti Airtel rating to Ba1 over cash-flow situation

  • LIC, JNPT submits bid for buying iconic Air India tower in Mumbai
  • India-US commercial dialogue, CEO Forum to be held on Feb 14
  • Exports will touch record high of $325 b this fiscal: Wadhawan
  • Jubilant seeks royalty for brand use by group cos
  • Tata Global Beverages’ profit down by 35% per cent in Q3
  • Hit by falling crude prices, HPCL reports 87% fall in net profit to₹247.5 crore
  • Banks may see fresh NPAs of up to ₹2 trillion over next one year
  • IDFC First Bank posts net loss of ₹1,538 cr in Dec quarter
  • Ericsson moves contempt plea against RCom in apex court
  • PMO holds meeting to speed up strategic sale of PSUs
  • Tata Chemicals Q3 profit declines 71% to₹219.48 crore
  • CCI approves PFC’s acquisition of 52% stake in REC
  • Sebi comes out with rules to review performance of public interest directors
  • Vijay Mallya prepares for lengthy appeal against UK govt’s extradition order
  • US-China tariff hike would trigger downturn, trade diversion: UN
  • GAIL reports 14.35% sequential decline in Q3 net at Rs 1,681.23 crore
  • NTPC inks Rs 2,500 cr loan pact with HDFC Bank
  • Consultations begin on drafting e-comm policy
  • Ericsson asked to file objection by Friday
  • Governance standards improving in corporate India
  • Vedanta Resources rating downgraded to Negative
  • No incidents of security breach reported, says SBI chief