Morning Business News Round Up_Aug 22, 2019

Morning Business News:

  • Ambani’s $4-bn natural gas plan is facing a problem of plenty
  • Reserve Bank allows e-mandates on cards
  • Sebi okays Rs 1 cr reward for corporate whistleblowers
  • Data usage revenue jumps to 54,671 crores in 2018: Trai
  • China slowdown to hit banks in the Asian market: Fitch
  • Changes in STT on Options from September 1
  • EPFO appoints UTI AMC, SBI MF as fund managers
  • From simplified KYC process to re-categorization, Sebi eases norms for FPIs
  • Need to examine issues on 35% minimum public shareholding plan: Sebi chief
  • Sebi mandates full disclosure on loan defaults with rating agencies
  • Rupee can depreciate another 4% against the USD by 2019-end

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  • Regulatory worries, price erosion may pull down Dr. Reddy’s US revenues
  • Centre to amend MMDR Act to expedite coal exploration
  • Nippon Life Insurance increases stake in RNAM to 54%
  • Centre keeps cancellation of NMDC’s Donimalai mining lease in abeyance
  • Zydus Cadila gets USFDA nod to market generic chronic angina drug
  • Supreme Court issues notice to DLF, SEBI on non-disclosure of key information in QIP
  • Fixing weak growth is the highest priority: RBI MPC minutes
  • Sebi eases rules for ‘muni bonds’ to help smart cities raise funds
  • JPMorgan is shutting down its Chase Pay app
  • INX Media case: P. Chidambaram to be produced in court, will plead for bail
  • Sebi reverses previous decision prohibiting debt MFs to invest in unlisted NCDs
  • Not in a race to pick stake in Coffee Day Enterprises: ITC
  • RTGS system for customer transactions to open at 7 am from August 26: RBI
  • Sebi will look into details gathered on CG Power, says Ajai Tyagi
  • The second leg of ideation exercise for PSU banks to begin from Thursday
  • Rupee recovers 16 paise to close at 71.55 a dollar
  • Gold hits a new high of Rs 38,820; silver jumps Rs 1,140
  • India Inc reports lower revenue, profit growth in Q1: Report
  • Sensex tumbles 268 points; Tata Motors tanks 9 percent
  • SBI plans to establish nearly 10 lakh YONO Cash Points