Morning Business News:
- RBI forms 2 panels to strengthen sale of stressed assets
- GAIL seeks NCLT pass to admit claim against Videocon
- 10 yr tax break on builders’ rental profit on anvil
- NCLAT asks IL&FS firms classified green to pay debts
- PNB sets Rs 20,000 crore recovery target in FY20
- Telecom cos seek govt’s help to unlock Rs 1,400 cr
- NHB orders home financiers to appoint risk officer
- RCom panel of creditors meeting on May 30
- India 43rd most competitive economy, Singapore tops the list: Report
- IDBI Bank invites bids for MF arm; ICICI Securities selected as advisor
- Adani Enterprises’ Q4 net profit up 47% at Rs 266 cr on energy biz volumes
- Domestic air traffic registers negative growth in April, worst in 5 years
- Singapore court rejects India’s plea in case against Nissan: Report
- Adani power reports net profitof Rs 634.64 crore for March-quarter
- RITES registers ₹132 crore net profit in Q4, up 70%
- West Coast Paper Mills to buy majority stake in International Paper APPM
- L&T picks up about 98,000 shares of Mindtree, raises stake to 28.87 per cent
- Mah & Mah consolidated Q4 net falls 16% to₹969 crore
- TARI model to gauge sectoral economic value
- PowerGrid Q4 profit up 52% at ₹3,053.56 crore
- SBI to raise up to ₹5,000 crore by issuing Basel III-compliant bonds
- Hyundai says evaluating market for more SUVs, EVs in India
- RBI sets up committee for development of housing finance securitisation market
- RBI extends relaxed norms for NBFC loan securitisation till December 31
- Ascendas-Singbridge plans to double India office portfolio
- PNB to mop up Rs 10K cr from non-core asset sale, rights issue, write-back
- Finolex Cables Q4 net profit rises 4 pc to Rs 84.9 crore
- Spanish firm’s Rs 550-crore quick freezer plant to come up in Ludhiana
- Jaypee Infra insolvency: Lenders put 5 conditions to NBCC for considering bid
- Non-oil companies may get into fuel retailing, govt invites public comments
- United States removes India from currency monitoring list
- Rupee slips 14 paise to 69.83 vs USD
- Sri Lanka signs port deal with India, Japan to develop container terminal
- Bharti Telecom stake in Airtel comes down to 41.24 per cent
- HDFC disburses Rs 2,300 cr as subsidy under PMAY