Morning Business News :
- India’s trade deficit falls to $15.3 bln in Jun vs $16.6 bln last year
- India Jun WPI inflation rate 2.02% vs 2.45% May
- Junior finance minister says Centre ready to negotiate cut in CTT
- Govt says no decision on changing financial year to Jan-Dec
- Govt mulls hiving off GAIL’s pipeline ops as a separate arm of co
- Kerala to get $250 mln World Bank loan for flood resilient programme
- RBI fines SBI 70 mln rupees for NPA classification norms’ violation
- Slowdown in auto, realty may dent NBFCs’ disbursement growth numbers
- Dewan Housing aiming for resolution without any haircut to lenders
- IL&FS subsidiaries invite bids to sell real estate in GIFT City
- InterGlobe Ent says it took more fincl risks for IndiGo than Gangwal
- JSW Steel seeks copies of forensic reports against Bhushan Power
- Weak demand prompts Ashok Leyland to shut Pantnagar unit for 9 days
- New stores aid D-Mart owner’s Apr-Jun, margins expand after 3 qtrs
- Demand slowdown hits Bajaj Consumer’s volume growth
- TCS gets contract from Dutch co to automate supply chain IT ops
- Nippon Life open offer for Reliance Nippon AMC to start Jul 23
- US FDA clears Natco Pharma’s Chennai facility post inspection
- Eye on Future, HUL launches laundry brand after 30 years (ET)
- Future Enterprises says CFO arrested on charges of tax evasion
- SEBI action in mutual fund irregularities doubled in FY19
- Packaged foods high on salt, fats, may carry red tag, says FSSAI
- ICRA sees securitisation market growing to over 2 trln rupees FY20
- Lenders sign debt recast agreement with 3 IL&FS road projects
- Govt ups gold base import price by $2/10 gm, cuts silver’s by $3/kg
- Govt cuts base import price for edible oils by $11-$16 per tn
- Ahmedabad-bound IndiGo flight returns to Goa after “technical glitch
- Cotton Association sees 2018-19 yield at 10-year low on weak rains
- IT companies tightening salary budgets, leveraging variable pay for niche skills
- Vodafone Idea ‘repays’ significant chunk of 43-bln-rupee loans
- To keep discounts in play, Flipkart writes a sop story
- Deloitte, KPMG firms get time till Fri to argue against ban plea
- Adani Port likely to raise $650 mln via bond sales
- NCLAT to hear ArcelorMittal’s plea on EPC Construction on Aug 8
- Shriram Transport Fin NCDs may offer up to 9.7%, more for seniors
- Suzlon stares at FCCB default, tells bondholders to hold on
- China’s GDP growth slows to 6.2% in Apr-Jun, a 27-year low
- World Bank imposes $5.97 bln fine on Pakistan over mining lease case
- Boeing 737 MAX grounding could stretch into 2020
- Huawei plans deep job cuts in US
- US cos may get nod to restart Huawei sales in 2-4 weeks
- US, Chinese officials to discuss trade in phone call this week, says Mnuchin
- Trump sees slowing Chinese growth pressuring Beijing on trade
- Pearson goes ‘digital first’ in US college market
- Vale to pay $106.5 mln to workers affected by Brazil dam disaster
- Citigroup profit beats estimates on gains in consumer lending
- Gilead invests $5 bln to deepen ties with biotech Galapagos
- IKEA closing only US furniture factory, cutting 300 jobs