Morning Business News:
- April IIP rises to 6-month high at 3.4%
- Retail inflation spikes to 7-month high of 3.05% in May
- Subramanian’s growth estimates omit productivity: CII
- ATC opposes consolidation of books of Videocon group
- Tata Motors global sales dip 23% in May
- M&As plunge 54 percent in May to $2.8 billion
- DoT may debar BSNL from LWE-II connectivity program
- FDI flows to India grew 6% in 2018: UN report
- Jalan panel defers report on RBI surplus funds after lack of consensus
- Rs 2-trillion bank frauds in 11 years: ICICI Bank, SBI report maximum cases
- Sebi moves SC against NCLT order on IBC overriding regulators’ laws
- Japan to invest Rs 13,000 cr in northeast in infrastructure projects
- UP govt launches fight against shell firms, 317 companies face action
- Indiabulls approaches SC, seeks early hearing in petition against it
- PWC resigns as statutory auditor of Reliance Capital, Reliance Home Finance
- Madras HC allows more parties to join Sterlite case
- Sintex Industries defaults on ₹89-crore payment
- Tata Power Solarrolls out residential rooftop campaign
- Alembic Pharma to raise up to Rs 300 cr via NCDs
- Due to Jio, India is home to world’s 2nd largest internet user base: Report
- Sugar production in India seen sinking to 3-year low on dry weather
- PFC raises $1 billion through international bonds
- KKR to buy publisher Axel Springer for $7.7 billion
- Ford recalls 1.2 million Explorer SUVs for suspension issue
- Food service industry to touch Rs 5.99 lakh cr mark by FY23
- Walmart earmarks $1.2 billion to fund Flipkart’s operations
- Govt to take steps to contain imports of defective or sub-standard steel
- China inflation hits highest level in 15 months
- UK High Court notes broad consistency in India’s evidence against Nirav Modi
- Rupee firms up by 10 paise to 69.34 against US dollar
- IDBI Bank cuts MCLR by 5-10 bps across various tenors
- Ex-CEO of IL&FS arm helped Fitch official buy villa, says probe report