Morning Business News Round Up_Aug 21, 2019

Morning Business News:

  • Sebi board mulls tighter checks on rating agencies
  • Sebi to consider easier rules for buybacks, reward for informants
  • NCLAT refuses relief to Deloitte, BSR Associates
  • COAI urges cut in USO fee to 3%, license fee to 4%
  • Govt allows airlines to use Jet slots till end Dec
  • NCLT admits Insolvency resolution plea against HDIL
  • Economists estimate GDP growth of 5.5-5.6% in Q1 FY20 amid a slowdown
  • Bharti Airtel may not buy 5G spectrum and ‘expensive’ 700 MHz airwaves
  • IL&FS board seeks NCLT nod to sell wind assets to Orix Corp for Rs 4,800 cr
  • Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction

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  • EY sets 18-month timeline for a merger of three insurance companies
  • CG Power reports huge financial fraud
  • Dr. Reddy’s gets 8 observations from USFDA for its Duvvada facility
  • Emami Agrotech plans Rs 700-cr cap-ex over next 12 months
  • Floods, landslides lay waste areca plantations on 1,900 acres
  • IndiGrid eyes power transmission assets worth Rs 8,000 cr
  • Govt cancels coal block jointly allocated to NTPC, JKSPDC
  • Compliance culture of Indian banks unsatisfactory: RBI deputy governor
  • Apple to pump in $6 billion to compete with Amazon, Netflix
  • TCS surpasses RIL to reclaim most valued firm by market capitalization
  • Lenders may be forced to convert Rs 4,00,000 crore of their DHFL debt into equity: Union Bank
  • Jaiprakash Associates to appeal against CCI order
  • GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network
  • Rupee hits a fresh 6-month low of 71.71; dives 28 paise
  • Gold touches a fresh all-time high of Rs 38,770 on jewelers’ buying
  • Crude oil futures up on positive cues
  • Hyundai to put in Rs 7,000 crore