Morning Business News Round Up_July 03, 2019

Morning Business News:

  • RBI powers wide ranging, comprehensive: FM
  • UK finance minister warns of £90 bn no-deal Brexit ‘hit’
  • Wilful defaults in India cross $21 bln in 2018-19
  • Coal scam: Jindal Steel and Power refutes charges
  • Supreme Court dismisses DoT plea against TDSAT order
  • Bank frauds on a downward trajectory, says FM in LS
  • PNB, 4 others fined by RBI for KYC norms violation
  • Export-promotion forum, trade fair to boost farm cooperatives: Govt
  • Wilful defaults cross $21 billion in 2018-19; SBI accounts for a third
  • 5% import duty waiver on iron ore lumps a cost relief for steel mills
  • Crisis-hit NBFCs seek special refinance window under Mudra scheme
  • ED summons chief rating officers of ICRA and CARE in IL&FS probe
  • Adani group’s power distribution company grapples with regulatory issues
  • OIL, Vedanta bag most blocks under OALP II, III
  • Essar Steel bags Rs 5,000 cr order from Posco
  • NCC bags Rs 359 crore worth orders in June 2019
  • Simens sets up protection automation lab for PowerGrid

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  • Alembic Pharma gets USFDA nod for Febuxostat tablets
  • India closing in on using 100 million tonnes of steel
  • Air India Assets plans ₹22,000 crore bond sale to refinance debt
  • Jaypee Infratech: NCLAT tells lenders, allottees to appear on July 17
  • L&T pays Mindtree shareholders for shares accepted in open offer
  • Supreme Court dismisses DoT plea in RCom spectrum sale
  • Oil prices slip as demand worries outweigh OPEC supply cuts
  • Strides Pharma Puducherry unit receives warning letter from USFDA
  • Nirmala Sitharaman says demonetisation had no effect on Indian economy
  • Trade wars: US proposes tariffs on another $4 billion of EU goods
  • ONGC discovers 230 mn tonnes of oil reserves: Pradhan
  • IOC to hire foreign vessel as local carriers stay off
  • Solar imports drop 40 per cent in January-March
  • Water scarcity hits sugar mills in Tamil Nadu
  • Vijay Mallya appears before UK court in extradition case