Morning Business News:
- Saudi Arabia cuts September crude oil prices to Asia
- Iran seizes another foreign oil tanker in the Gulf
- Green certificate sales down 61% to 6.29 lakh in July
- Slowdown woes revealed in India Inc’s changing tone
- CDPQ, Sekura Roads in the race for GR Infra’s projects
- Deloitte quits as auditor of crisis-hit DHFL
- Embassy may call off stake-purchase deal with Indiabulls Real Estate
- Client-specific risks a trip factor for IT companies says, analyst
- CCI dismisses abuse of dominance charge against ONGC
- The US accuses China of ‘predatory economics’, destabilizing Indo-Pacific
- DLF transfers Noida mall, land to JV firm; reduces dues to Rs 5,500 cr
- ₹25,000-cr tenders canceled or modified to promote ‘Make in India’ products
- Slowdown cyclical, growth will pick up in next few years: Bimal Jalan
- India needs to grow at 9 percent to achieve PM’s target of $5-trillion economy: EY
- Sun Pharma shuts two clinical pharmacology units in Vadodara
- With NBFCs struggling, India’s auto sector gets stung badly
- Financial surplus of Indian households falling since 2017-18
- Reliance Industries to acquire a stake in Shopsense Retail for ₹295 crore
- Sterlite Power in talks to sell stake valued at₹3,000 crore
- VC firms may garner over $4 billion from exits this year
- Everstone Capital puts up to ₹700 cr Burger King India IPO on its menu
- Nirmala Sitharaman to meet stakeholders for actions proposed by U.K. Sinha Committee to boost MSMEs
- Liquidity crunch among shadow banks turned the single biggest factor in auto sales collapse
- Lenders extend Jet Airways sale deadline by a week to August 10
- Govt relaxes norms for re-insurers to set up shops at IFSC
- RBI imposes fine on PNB for the delay in reporting fraud in Kingfisher Airlines account
- RBI bans NBFCs from charging loan foreclosure penalties
- Forex reserves fall by USD 727 million to USD 429.6 billion
- Maruti Suzuki cuts temporary jobs as sales plunge
- Natural rubber prices to remain under pressure