Morning Business News:
- DoT panel clears Rs 3,050 crore penalties on telcos
- IL&FS says on course to clear Rs 20,000 crore debt
- ICRA downgrades YES Bank’s bond program
- Auto component industry fears the loss of 10 lakh jobs
- Directive on payment security positive for IPPs: ICRA
- 74 lakh homes in 220 projects stalled: Report
- InvIT AUM may grow 5-fold in 2 years: Crisil
- India jumps five places to 52nd rank in Global Innovation Index 2019
- India’s $10 billion bond sale pitch meets a world desperate for yield
- Govt approves the creation of 4 mn tonnes of sugar buffer stock during FY20
- MMTC begins the process to exit unprofitable entities, starting with NINL, ICEX
- Bombay High Court allows IATA to encash Cox & Kings bank guarantees
- NTPC, BHEL ink pact to set up JV for eco-friendly power plant
- NCLT orders insolvency process against L&T Halol
- Cabinet retains sugarcane FRP at₹275 a quintal
- NMDC terms ECT’s steel-making technology unproven, irrelevant
- Jubilant FoodWorks Q1 net profit dips marginally to Rs 71.48 cr
- V Guard Industries Q1 PAT increases 54%
- Govt may launch $10-billion global bond sale in October
- Investors see wealth erosion of ₹5.86 tn as markets fall for 5th straight day
- Asian Paints bucks the trend with high volume, profit growth in Q1
- India’s monsoon rains 35% below average this week: IMD
- Deutsche Bank on the brink of a Lehman moment as it suffers $3.5-bn loss in Q2
- RIL, OMCs prepare to push doorstep delivery of fuel
- Fitch downgrades long term IDR of Tata Motors
- CPSU solar tender gets a dismal response
- Committee constituted to examine issues related to FDI in e-commerce
- Walmart, Flipkart to boost MSMEs, farmers’ income in UP
- Sensex drops 135 points; Nifty slips below 11,300
- Airtel, Voda Idea fume over Rs 3,050-crore penalty
- US imposes record USD 5 bn fine, restrictions on Facebook in privacy probe