Morning Business News Round Up_Mar 27, 2019

Morning Business News :

  • Jet to start operating 75 planes by April-end: Govt
  • PFC to pay entire Rs 14,500 crore for REC acquisition
  • Europe adopts copyright reform in blow to tech giants
  • NCLAT stays notice for RCom’s spectrum cancellation
  • Uco Bank gets Rs 14,000 crore windfall
  • NCLT probes Sterling lenders on absconding promoters
  • FTC seeks more information to review Bristol-Celgene’s $74 billion planned merger
  • High Court allows Vedanta to take part in Nalco’s alumina sale tender
  • HCC to raise Rs 1,750 crore through monetisation of claims

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  • Trai to hold consultation with BSNL, MTNL on 4G spectrum allocation: Govt
  • RBI accepts $5 bn from banks at currency swap auction to ease liquidity
  • NCLT asks RP of Jyoti Structures to submit revised resolution plan
  • Centre may look at diluting stake in PSUs to below 51% without ceding control
  • L&T bags ₹352-cr solar plant order from Raasi Green Earth
  • ‘Domestic tractor sales may log double-digit growth this fiscal’
  • ‘India maintains lead in consumer optimism’
  • SAIL supplies first batch of LHB wheels to Railways
  • ITC’s John Players now part of Reliance Retail’s wardrobe
  • RBI sets high cut-off premium at debut dollar/rupee swap auction
  • ‘India now seeing more buyout-style transactions’: PwC’s Sanjeev Krishan
  • RBI slaps ₹2 crore penalty on PNB for violating SWIFT norms
  • L&T makes open offer to buy 31% in Mindtree for ₹5030 crore
  • Allahabad Bank to raise ₹4,000 crore equity capital via various modes
  • India becomes second largest market for Marks & Spencer after UK
  • Rail Vikas Nigam IPO fixes price band at Rs 17-19 per share; to start this Friday
  • JCB to start new production facility in Gujarat; invests Rs 650 crore
  • Nirav Modi case: NCLAT notice to corp affairs ministry on PNB ex-CEO’s plea
  • BoB to develop agri-digital platform; inks 6 MoUs
  • Sensex zooms 425 pts on global rebound ends up at 38,233.41; Nifty above 11,450
  • Goldman too warns against yield curve panic
  • Jet Air buyer will have to bring in Rs 4,500 crore