Morning Business News Round Up_Aug 9, 2019

Morning Business News:

  • Govt likely to withdraw higher surcharge for FPIs
  • NCLT clears consolidation of Videocon units’ insolvency
  • The capital infusion helped PSBs cut losses: Ind-Ra
  • Mahindra considers second US plant in Michigan
  • First-quarter e-auction premiums for Coal India up 66%
  • Reliance Capital joint auditors reject PWC allegations
  • India Inc seeks Rs 1L cr stimulus to revive growth
  • India to impose tariff barriers on imported solar and wind equipment
  • Gem, jewelry exports fall 11.24% on the US, China trade war and poor demand
  • Sebi asks mutual funds to shift all investments to listed securities
  • Adani plans to invest Rs 10,000 crore in city gas distribution networks
  • DHFL says it may not be able to fulfill its immediate debt payments
  • Close to crossing $2,000 per capita income mark, India offers great opportunity’
  • Tata Chemicals Q1 profit rises 19%
  • IRB Infra, GIC to jointly bid for all future road projects’
  • Suzlon offers to repay ₹8,500 cr to settle the stressed debt

Image result for Coffee Day

  • NBCC net down 39 percent in Q1
  • Godrej Properties Q1 net profit jumps 162 percent, at Rs 89.87 cr
  • UltraTech Cement Q1 net profit up 91.4% to₹1,208.03 crore
  • Coffee Day Enterprise appoints EY to scrutinize accounts
  • India’s domestic air passenger traffic up 7.9% in June: IATA
  • Adani Enterprises Q1 profit surges 611% to₹570 crore
  • Tata Capital offers NCDs with annual interest up to 8.85%
  • Yes Bank launches ₹2,000 crore QIP
  • OBC, IDBI Bank cut MCLR up to 15 basis points
  • Ministry names 4 domestic auditors to restate IL&FS books
  • No angel tax inquiry into startups recognized by DPIIT or not without approval, says CBDT
  • China imports from the US fall 19% in July amid trade war
  • Thermax to shut manufacturing facility, exit China
  • NCLAT expresses displeasure over delay in IL&FS resolution
  • Sensex rallies 637 points on tax relief buzz; Nifty reclaims 11,000-mark
  • Emami Q1 profit up 48 percent to Rs 39 crore
  • Taj Hotel chain to sell budget hotels