Morning Business News Round Up_July 18, 2019

Morning Business News:

  • IMF sees dangers from trade tensions, an overvalued dollar
  • FPIs pull out Rs 4,120 cr in July, highest this year
  • BP, Reliance investing $5 bn in KG-D6
  • Adani Transmission seeks shareholders’ nod to raise Rs 5,000 crore
  • Wipro Q1 profit up 13% YoY to Rs 2,388 crore
  • Transition to e-cars may take longer than 2030: TERI
  • Singapore based First Degree to buy Essel para banks
  • Jalan panel to suggest RBI transfer surplus capital to govt in over 3-5 yrs
  • Govt may hive off Coal India into separately listed firms to raise funds
  • Govt clears 7 amendments to IBC, extends Finance Commission’s term
  • Yes Bank Q1 consolidated net profit slumps over 92% to Rs 96 crore
  • Govt likely to oppose NCLAT’s Essar Steel order in Supreme Court
  • Sebi chief questions Budget plan for the transfer of surplus funds to govt
  • Weak economy drags steel, cement prices down
  • Strategic sale of Hindustan Antibiotics, Bengal Chemicals cleared
  • CAG finds deficiencies in ONGC’s marine logistics operations
  • Bill to amend companies law to be re-introduced in Parliament
  • RINL targeting ₹25,000-cr turnover: CMD
  • Japan’s Uniqlo sews up a plan for India entry
  • Thirteen banks move Delhi HC against service tax demand of ₹38,000 crore
  • Fifth CPSE ETF tranche set to open

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  • US FDA red flags significant violations at Strides Pharma’s Puducherry unit
  • Mindtree Q1 consolidated net profit falls 41% to ₹92.7 crore
  • Microsoft, AT&T sign cloud deal worth more than $2 billion
  • Yes Bank probing whistleblower claim of irregularities in operations
  • Jaypee insolvency: NCLAT asks IDBI Bank to furnish conditions for fresh bidding
  • BP, Reliance investing USD 5 billion in KG-D6 to produce 1 bcf of gas
  • Easing business climate, trade norms to help India attract FDI, improve CAD, says IMF
  • Govt to prepare national data on the unorganized sector
  • Rupee falls 11 paise to 68.82 vs USD on foreign fund outflows
  • Govt may cap overseas borrowing at USD 5 billion this year: Report
  • 330-day deadline for insolvency resolution
  • Strides shredded dumped key documents: US Food and Drug Administration