Morning Business News:
- DoT may auction 4G, 5G spectrum by October
- Trump urges Britain to go for no-deal Brexit
- China says war with US would be a disaster
- CIL’s output falls 1.1%, off-take 1.4% in May
- ‘World airline industry to post $28 bn profit in 2019’
- TPDDL claims Rs 7 cr dues from NDMC, DSIIDC
- Hero MotoCorp May sales up 13.5% to over 6.5L units
- Bharti Infratel, Indus Towers merger gets NCLT nod
- Reliance Industries resumes lobbying in US power corridors, hires new firm
- ONGC overtakes IOC as most profitable PSU after profits jump by 34% in FY19
- Hyundai’s domestic sales hit slow lane in May; decline 5.6% to 42,502 units
- Planning to raise Rs 11,900 cr in FY20 through share sale: Bank of Baroda
- India plays down Trump decision to remove US trade privileges
- Govt committed to take new reform initiatives, says NITI chief
- Tata Steel completes acquisition of Bhushan Energy
- Tata Motors domestic sales decline 26% to 40,155 units in May
- BEL eyes space electronics as next growth area
- Maruti reports 22% drop in May sales at 1,34,641 units
- Mahindra & Mahindra sales drop 3 per cent to 45,421 units in May
- Earnings of Indian firms decline for the first time in six quarters
- Glenmark’s sticky debt and moderate US growth is making investors edgy
- Swiss bank accounts: Notices to Indian clients continue
- RBI likely to cut repo rate by 25bps on weak growth, soft inflation
- Distressed debt funds out of favour in 2019, shows report
- Sebi wants 10% mandatory deposit before appeals at SAT against its orders
- BBNL eyes taking over operations, maintenance work of BharatNet infra
- Reliance restarts lobbying with US lawmakers; ropes in new lobbyist
- Morgan Stanley warns of recession within a year
- Demand slowdown drives 5.32% fall in gems and jewellery exports in FY19
- GST collections in May at Rs 1 lakh crore
- FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 cr in May
- GSK Consumers Healthcare gets shareholders’ approval for merger with HUL
- Removal of trade status will not hinder economic ties with US, says India
- SFIO may attach assets of IL&FS honchos, auditors
- Inventory levels still high with dealers