Morning Business News Round Up_Aug 20, 2019

Morning Business News:

  • Indian Oil Corporation to invest Rs 25,000 cr in green energy
  • Agri, rural labor CPI base year to be revised
  • Sebi brings in stricter norms on disclosure lapses
  • FM says corporate tax for companies to be cut gradually
  • SC gives DoT a boost in RCom one time spectrum fee case
  • NTPC plans 5,000-MW ultra-mega solar plant in Kutch
  • DHFL defaults on Rs 1,571 crore bond payments
  • FinMin considers stress fund for infra sectors: Urban Affairs Secretary
  • Voda Idea, Airtel lose over 4 mn users in June; Jio and BSNL gain: Trai
  • Credit rating agencies, auditors on ED radar in the IL&FS charge sheet
  • Govt removes debenture reserve requirement for HFCs, NBFCs, listed firms

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  • Adani Group likely to acquire 72% stake in Andhra’s Krishnapatnam Port
  • Import of 30,000 tonnes of crude soya oil from Paraguay notified
  • KEC bags Rs 845-cr orders from NCRTC, Kochi Metro
  • PTC inks pact for 720 MW Mangdechhu plant in Bhutan
  • Minor landslide affects MRPL’s operations
  • Morgan Stanley re-rates Reliance Ind stock to ‘over-weight’, post-AGM moves
  • CCI puts in place green channel route for M&A approvals
  • RIL’s Aramco deal to lower its FY21 earning by 9%: report
  • US economists expect a recession in the next 2 years
  • Govt may consider amendments in RERA to make it more effective: Govt official
  • DHFL parent WGC sells its loan distribution biz to Metdist Group
  • Foodgrains production almost flat at 284.95 MT in 2018-19, says Government data
  • RIL again becomes the most valued firm by market valuation
  • China lost 20 lakhs jobs in short period of time, says US President Donald Trump
  • Coal ministry panel approves fuel supply to Tamil Nadu power plants
  • Rupee plunges to over 6-month low of 71.43; skids 29 paise
  • Passenger vehicle retail sales fall 11 pc in July: FADA
  • Time has come for banks to link loans, deposits to repo rate: RBI Gov Das
  • PE-VC investment in India zooms to an all-time high of USD 8.3 bn in July: Report