Morning Business News Round Up_Mar 14, 2019

Morning Business News:

  • Sebi provides framework, timeline for counter offer process
  • EC gives go-ahead to GST Council meeting on March 19
  • India far away from being less-cash economy: Nilekani
  • Don’t believe Rcom will let Anil Ambani go to jail: SBI
  • Govt pushes IOC, ONGC to pay 2nd interim dividend
  • Patanjali raises bid value to take over Ruchi Soya
  • Tata Motors bags orders for over 2,500 CVs
  • RBI to swap $5 billion with banks to aid system liquidity
  • DoT mulls Rs 13,000cr bailout package for debt-ridden BSNL

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  • Auto retail sales drop 8.06 % in Feb as weak demand continues: FADA
  • PFC, REC merger may leave discoms with higher-than-usual dues on books
  • Iron ore supply disruptions spike demand for low-grade Indian fines
  • Tata Steel BSL prepays Rs 3,000 crore loan riding on massive turnaround
  • MCA releases national guidelines on business conduct
  • Auto industry, organisations can buy bulk vehicle data from next fiscal: Policy
  • Tea Board issues fresh guidelines with eye on quality
  • CERC mulls regional power market for South Asia
  • Oil regulator hikes tariff of pipeline transporting Reliance gas by 37%, half of sought
  • Acko General Insurance raises $ 65 million in Series C Funding
  • Reliance halts oil exports to Venezuela in view of US sanctions
  • Jet Airways grounds 5 more planes due to rental default
  • COAI asks e-commerce firms to stop sale of illegal network boosters
  • Shrinking LME stocks push zinc prices to 8-month high
  • Moody’s assigns Baa2 rating to Hudco; outlook stable
  • Azim Premji raises philanthropy bar with $21 billion total pledge
  • NCLAT reserves order on RCom plea to release funds
  • Sun pharma ties up with China’s HitGen for molecular discovery
  • Narendra Modi’s MUDRA Yojana spells trouble for banks; bad loans jump 53%
  • GST officials detect tax fraud of Rs 224 crore by 8 companies
  • Market rallies for 3rd straight day; Sensex jumps 216 points
  • Rupee rallies for 3rd day, up 17 paise against US dollar
  • CCI clears Radiant Life Care-Max Healthcare merger
  • Pvt manufacturing firms posted 24.9 pc growth in net profit in Q3: RBI
  • Tata expands Formula 1 presence with Williams tie-up