Morning Business News Round Up_July 29, 2019

Morning Business News:

  • Unsold homes pile up, huge battle looms for builders
  • Anil Agarwal’s Anglo American trade a gold mine
  • Green nod to Tata Chem’s Rs 1,042 cr soda ash project
  • Higher import duty could cut Indian gold demand by approximately 2.4% this year: WGC
  • NCLT told to start insolvency case against Raheja
  • Torrent Group plans Rs 3,000 cr investment for gas pipeline network in UP
  • FM Sitharaman rules out rethinking on overseas sovereign bonds: report
  • Adani Group to invest Rs 5,500 cr in UP’s food processing, power sectors
  • NCLAT grants 3 weeks to Dighi Port promoters to settle creditors’ claims

Image result for Cipla

  • Cipla urges govt to increase funds, ease policies for domestic pharma firms
  • Cash-strapped DHFL seeks bankers’ approval to restart loan disbursal
  • ‘Rupee rise, uneasy trade relations with US impact engineering exports’
  • FPI outflow crosses Rs 3,700 crore in July 2019
  • Centre issues new circular to deal ‘firmly’ with tax evaders
  • Adani plans Rs 5,500 cr investment in UP for power, food processing
  • Pfizer, Mylan set to form global generic drug giant
  • Steelmakers sound alarmed over the rising level of duty-free imports
  • Vijay Mallya moves Supreme Court seeking a stay on confiscation of properties
  • Cannot reject insolvency plea over claims disputed after demand notice: NCLAT
  • IDFC Ltd calls off plan to sell securities business to TCG
  • Govt identifies 3-4 regional rural banks for IPOs; public issue likely this year
  • RIL plans a big push for private-label brand
  • Pfizer plans to merge the off-patent drug unit with Mylan
  • World economy’s biggest week of 2019 as Fed prepares cut
  • Discoms make a beeline for cheaper power supplied by NTPC under SCED system
  • JLL India revenue grows 17 pc to Rs 4,000 cr in FY19; to hire 2,000 employees
  • RBI report on the secondary market for corporate loans likely by next month
  • Unchanged sugarcane FRP for 2019-20 season makes mills happy