Morning Business News Round Up_Mar 05, 2019

Morning Business News :

  • India needs land, labour reform to aid mfg: CEA
  • India Inc’s foreign borrowing down 45% at $2.42 billion in Jan
  • Stressed accounts of Bhushan Power, Essar up for sale
  • After Mallya saga, Sebi wants Companies Act changed
  • MSCI India weight in MSCI EM index likely to fall 20 bps by November-end: Goldman Sachs
  • Gail chosen for Vedanta’s Barmer gas output buy
  • ONGC recieves single bid from US firm for oil field production upgrade
  • RIL arm to acquire stake in Grab a Grub and C-Square for Rs 228 crore
  • IDBI Bank gets govt nod to handle import, export transactions with Iran
  • DIPAM to set up asset-monetisation cell to hasten sale of CPSE assets
  • RBI slaps Rs 11-cr fine on 4 banks for non-compliance in Swift operations

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  • GMR Hyderabad airport divests stake in flight training academy
  • ‘Trump’s tirade against India’s import tariffs unfair’
  • Coffee exports up 13% in first 2-months of 2019
  • BHEL to set up solar-based EV charger network on Delhi-Chandigarh highway
  • Adani Ports to pump ₹53,000 cr to expand capacity of Kattupalli port
  • Jet pledges FDs worth ₹1,500 crore with State Bank of India to stay in the air
  • OPEC likely to defer output policy decision until June: Report
  • Superior execution powers ABB India, but lofty valuations set the bar high
  • Mahindra Lifespace looks to add strategic investment partners
  • Panel to review if Sun Pharma, Meril Life merit price cap relief
  • Despite shining steel, power and debt to remain drag for JSPL
  • Nestle India unlikely to increase royalty payout beyond 4.5%
  • Grant Thornton identifies Rs 13,000 crore worth irregularities in report on IL&FS
  • Orchid Pharma set for fresh EOIs for resolution plan, Divis and Gland Celsus Bio show interest
  • Govt to set ball rolling for 1 GW solar power in NE
  • Helpless Mumbai Port Trust sits on 1,900-acre prime land
  • DBS Bank floats local arm, aims to triple business
  • GST collection drops to Rs 97,247 crore in February
  • Sebi board approves lowering of fees, easier norms for startups