Morning Business News Round Up_April 23, 2019

Morning Business News:

  • Finmin asks all depts to review govt guarantees
  • India’s oil needs are well secured: Sources
  • Job creation down 1.7 pc in Feb: ESIC payroll data
  • SBI offers 20 bps discount on electric vehicle loans
  • ‘Jio fastest with 22.2 mbps download speed in March’
  • Blackstone buys Essel Propack for up to $460 million, to launch open offer at Rs 139/share
  • RBI committee to peg excess capital at Rs 3 trillion, says BofAML
  • OMCs unlikely to be impacted by US withdrawal of sanction waiver
  • Jet Airways bids set to draw a blank; Etihad to say no, TPG back out too
  • RBI may tweak Feb 12 circular on stressed assets to 30-day grace period

Image result for Reliance Jio

  • Gail top bidder for IL&FS wind power plants with Rs 4,800-crore offer
  • JNPT raise offer to buy Air India tower
  • Coal import rises 9% to 234 MT in FY19
  • BEML, Syndicate Bank sign MoU, to book ₹100 cr-biz
  • McLeod Russel to sell 3 Assam estates to Luxmi Tea Company for₹150 crore
  • SpiceJet and Emirates enter into code-share agreement
  • Reliance Jio GigaFiber to offer broadband, landline and TV combo for ₹600
  • SECI postpones manufacturing-linked solar bid for 3 GW till May 14
  • Hindustan Copper board to consider fund raising via QIP
  • SpiceJet to deploy sub-leased aircraft from Jet lessors
  • DTH players violating new norms to face strict action : Trai chief
  • Banking on banks: Air India SPV seeks to lower debt burden
  • March air traffic growth slowest in 5 yrs; groundings, flight cancellations to blame
  • Volkswagen moves Supreme Court against NGT’s Rs 500 crore fine
  • Once A-rated at S&P, struggling Oman economy risks further cut in ratings
  • Debt schemes: Mutual Funds exposure to DHFL group firms at Rs 6,500 crore
  • RBI has $43 billion excess capital: Report
  • Flows into Asian bonds touch $5 billion in March
  • Sensex cracks over 480 points, Nifty below 11,600
  • Oil prices soar by about 3 per cent as plans US end to Iran sanction waivers
  • Rupee drops 32 paise, may stay weak if crude spikes