Morning Business News Round Up_July 15, 2019

Morning Business News :

  • DHFL warns investors it may not survive as a going concern
  • Tatas may have to take a call on debt-heavy TCL
  • ‘Govt to pay damages to consumers for load sheddings’
  • Tata Steel’s Q1 steel output grows 9% to 7.61 MT
  • Ceat lines up Rs 3,500 crore capex to ramp up production capacity
  • As IndiGo faces turbulence, regulators intensify scrutiny of governance lapses
  • Lenders wary of using IBC for debt resolution over creditors’ parity
  • Balance sheet of India Inc weakens; net debt-equity ratio inches up in FY19
  • After RInfra and RPower, lenders to rejig debt of 2 more Anil Ambani firms
  • Torrent Pharmaceuticals manages to improve Unichem’s FY19 profits

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  • Sterlite’s closure hits Vedanta copper earnings; revenue drops by 57%
  • Stop steel exports at lower than domestic price: Consumers’ associations
  • IOC hires foreign flagged VLCC at day rate of $31,950 for seven years
  • Solar energy body seeks capping tariff at ₹ 3/unit under NTPC, SECI auctions
  • BHEL bags ₹100-cr order from NTPC to set up solar power plant
  • Lupin aims to launch new products across geographies this fiscal
  • Guidelines for PSU banks to pick pooled assets of NBFCs likely this week
  • LIC new premium more than doubles in June
  • Unicorn India Ventures launches ₹400 crore tech-focused fund
  • Govt says Deloitte misreading law in challenging government’s call for ban
  • Nine of top-10 firms lose ₹88,609 crore in m-cap, HDFC Bank, TCS top losers
  • E-commerce: Reliance Jio not to take on Amazon and Flipkart, readies platform to wire kirana stores
  • Relief for power firms: Govt asks Aptel to crack down on ‘regulatory assets’
  • Unprepared UK facing highest risk of recession since 2007
  • Warning shot to world economy as Singapore slumps, China exports drop
  • Farm credit may exceed Rs 13 lakh crore in FY20: Nabard
  • Crude oil demand growth to remain stable
  • State Bank of India removes online fund transfer fee
  • DPIIT to soon float draft national retail policy to seek stakeholders’ views
  • FPIs remain net buyers in July so far, infuse Rs 3,551 cr in Indian markets
  • Govt wants ONGC to sell golf course in Ahmedabad that has oil wells