Morning Business News Round Up_July 17, 2019

Morning Business News:

  • Iran to invest in Indian refinery says, ambassador
  • WTO opens the way for Chinese sanctions against the U.S.
  • India’s Vedanta to invest $650 million in new oil blocks
  • Banks bad loans down at Rs 9.34L crore: Sitharaman
  • Lenders to DHFL ready for a haircut in rescue – sources
  • Centre cuts interest on GPF by 10 bps to 7.9 percent
  • Cox and Kings defaults again; shares at a record low
  • 10-year bond yield hits the lowest level since demonetization, closes at 6.33%
  • Moody’s affirms Baa1 rating to state-owned ONGC over better oil prices
  • Future of Wipro will outshine everything is done so far: Azim Premji
  • Goyal backs multi-brand FDI policy, says no changes in the offing
  • Federal Bank Q1 net profit up 46% to Rs 384 crore as bad loans ease
  • SEBI provides a new format for compliance report on corporate governance
  • HDFC AMC Q1 net profit zooms 42 percent, at ₹292 crore
  • Jet Airways creditors set insolvency process in motion
  • Passenger vehicles retail sales dip 4.6 percent in June: FADA
  • Bharat Dynamics eyeing ₹25,000 cr order book in next four years
  • Retail investors can also participate in the primary market issues of G-secs
  • Essar Steel case: Lenders move SC against NCLAT order
  • DCB Bank Q1 profit jumps 16.63% at ₹81.06 crore
  • Creditors’ committee of Jet Airways to vote on $10-million interim funding
  • Bombay  HC  quashes permits for a ₹14,000-crore  coastal road project
  • 2,500 drugs samples out of 76,000 examined found substandard in 2018-19
  • Oil India signs contract for 12 oil blocks; Vedanta 10, ONGC 8

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  • Taxmen detects Rs 37,946 crore fraud in FY1
  • India’s renewable energy capacity crosses 80GW-mark, says RK Singh
  • NSE to exclude DHFL shares from equity derivatives segment from Sept 27
  • Rupee falls 17 paise against USD on rising crude, capital outflow
  • Private banks’ share in MF holdings nears 20 percent
  • KPMG makes a bid to revive Videocon