Morning Business News Round Up_July 19, 2019

Morning Business News:

  • SEBI chief reignites autonomy debate over sharing surplus funds to govt
  • Credit, deposit growth manage to remain in double- digits
  • Sebi proposes tighter disclosure on auditor resignation
  • India’s CAD grew to $68 billion in 2018-19: IMF
  • Direct Tax Code report to be submitted by July 31: FM
  • Yes Bank stabilised in Q1 in terms of asset quality
  • REC raises $650 million via bonds, aids sovereign sales
  • No relief from super-rich tax for FPIs structured as trusts: Sitharaman
  • Vodafone Idea hires Bank of America, Morgan Stanley for $1.9-bn fibre sale
  • IL&FS senior management asked ICRA for ‘desired ratings’: ED probe
  • 17% of corporate social responsibility fund unspent among listed companies
  • Draft labelling regulations for packaged food and beverages divide the industry
  • Jet Airways interim RP receives claims worth Rs 24,000 cr from lenders
  • Escorts eyes double-digit growth in construction equipment biz
  • ACC’s profit up 39% on higher realisation
  • EU clears Vodafone’s $22 billion deal to expand in Europe
  • BHEL bags ₹750-cr order from NTPC-Railways JV
  • HDFC m-cap tops ₹4-lakh cr mark as shares zoom to record high
  • Consumer goods growth slows as rural demand cools: Report
  • India’s current account balance deficit grew to $68bn in 2018-19: IMF
  • IL&FS conducts a forensic audit of group firms’ rating agencies in the last 10 years
  • New amendments to IBC will protect the interest of homebuyers: Centre to SC
  • Ultratech to complete Century Cement merger by September: Kumar Mangalam Birla
  • IL&FS: NCLT allows govt to prosecute auditors Deloitte, BSR
  • CCI approves Nippon Life Insurance’s acquisition of up to 75 per cent stake in RNAM
  • Government considering capital infusion in BSNL

Related image

  • ADB cuts India’s GDP growth forecast to 7 per cent for FY20
  • Amid a row over RBI reserves, Modi govt eyes SEBI funds
  • Icra revises rating for Reliance Powers’ Rs 8,015-crore debt to ‘default’
  • G7 ministers reach consensus on taxing tech giants like Google, Amazon: France
  • Gold rises by Rs 170 on jewellers’ buying, silver jumps Rs 910
  • Rupee skids for the 3rd straight day; settles 15 paise down at 68.97 vs USD
  • Sensex tanks 318 pts; Nifty closes below 11,600