Morning Business News:
- IMF cuts India’s GDP growth forecast to 7% for FY20
- Infra, power segments depress L&T Q1 earnings
- HUL net up 15%; Q1 volume growth weak at 5%
- NCLAT’s Essar Steel order not applicable to Ruchi Soya
- DHFL’s insurance arms solvent, safe: IRDAI chief
- NSE excludes Reliance Infra, Reliance Capital from F&O segment
- IGPC wants banks to be allowed to buy gold, become bullion bankers
- Brookfield’s plan to acquire cash-strapped Suzlon hits a roadblock
- Rana Kapoor, Morgan Credits pledge 7.34% stake in YES Bank with lenders
- Zee Entertainment reports 62.6% hike in Q1 net profit at Rs 530 cr
- Promoter stake in Cox & Kings down to 39% overpayments default
- SEBI may moot the peer review mechanism for credit ratings
- Motor Vehicle Amendment Bill gets green signal in Lok Sabha
- Fitch, Moody’s cut Boeing’s credit rating outlook to negative
- Reliance Industries’ stake sale talks with Saudi Aramco hit a roadblock
- Tata Power plans ₹2,500-cr asset sale to pare debt
- Moody’s assigns ‘Baa3’ rating to Hero FinCorp
- Oriental Bank of Commerce Q1 net profit at₹113 crore
- RBI names Kanungo to run monetary policy portfolio after Viral Acharya quits
- Aditya Birla Sun Life MF’s debt investors face a cliff-edge risk
- Supreme Court extends NRC deadline to 31 August
- RBI launches a medium-term strategy framework Utkarsh 2022
- RIL denies Oberoi Hotels stake buy report; says, no plan to buy EIH shares from ITC
- Investments in Kisan Vikas Patra to now double in 9 years 5 months: FinMin
- Capex revival 12-18 months away, says Larsen and Toubro
- Rupee settles almost flat at 68.94 against US dollar
- Sensex, Nifty end lower for 4th day; bank, auto stocks drag
- IndusInd Bank plans to raise up to Rs 20,000 cr by issuing bonds
- Crude oil up 0.28 percent on upbeat global cues
- Supreme Court cancels Amrapali registration, asks NBCC to complete projects