Morning Business News:
- CCD crisis: PE players, independent directors come under Sebi lens
- India received FDI worth USD 64.37 billion in FY19
- DoT working on a proposal for MTNL, BSNL merger
- Trump urges Fed to make large rate cut as policymakers meet
- CCD case: I-T sources doubt the authenticity of the note
- GST compliance regime not yet simple says CAG
- Axis Bank reports 95% YoY rise in PAT at Rs 1,370 cr; provisions rise QoQ
- Vedanta to export over 50% of aluminum as India increases imports
- Lok Sabha passes Wage Code Bill to ensure a minimum wage for workers
- Govt likely to roll back MEIS incentive as part of the new export-import policy
- Rajiv Kumar appointed Finance Secretary after Subhash Garg’s exit
- NCLAT agrees to hear IL&FS auditors appealing against govt charges
- Century Textiles to demerge cement arm by this quarter
- Hero MotoCorp Q1 profit surges 36% on the one-off gain of ₹737.5 cr
- PE deal structures need to be investigated: Samir Arora
- Air India Express reports a net profit of ₹169 crore in FY19
- Welspun India Q1 net profit up 17.49% at Rs 156.07 cr
- Consolidation, strong demand to ease stress in the cement sector
- Tech Mahindra Q1 net profit rises 7% to₹959 crore
- Plenty of headwinds in way of $5 tn GDP goal.
- DHFL submits a debt restructuring plan to core lenders
- Jet Airways creditors to hold meet on 1 August
- Union Bank of India cuts MCLR by up to 20 bps across tenors
- Venezuela’s economic decline among the most severe globally: IMF
- Bharti Airtel, Vodafone Idea may have to pay Rs 92,000 crore outstanding license fee
- The period extended: NCLAT orders fresh bids for Jaypee Infra
- Government revises solar pumps costs before installing 17.5 lakh units
- Gujarat gives 3 years to Essar Power to pay Rs 200 crore penalty
- Cotton yarn export falls 35 pct to $696 million in Q1
- Power Finance Corporation board okays raising Rs 70,000 cr in one year
- Rupee settles 10 paise down at 68.85 vs USD
- Cement demerger this quarter: Kumar Mangalam Birla
- Bank of India Q1 net up 156 percent
- SBI tightens lending terms for auto dealers