Morning Business News Round Up_SEPT 04, 2019

Morning Business News:

  • Allow FPIs to buy bad loans from banks: RBI panel
  • NPAs may come down to Rs 9.1 lakh cr by FY20: Report
  • Donald Trump warns China about delaying trade talks
  • ESIC ties up with SBI for DBT facility
  • RBI task-force moots central corp loan contract registry
  • Govt hikes ethanol procurement price for fuel blending
  • NSEL an ’employee fraud’, could be resolved in 6 weeks: Jignesh Shah
  • Ind-Ra lowers outlook on steel sector on sluggish demand expectation
  • Government approves over Rs 9,000 cr capital infusion in IDBI Bank
  • At $4.8 trn, Japan Inc has more cash than most nations’ GDP sitting idle
  • Reliance Power, Japan’s JERA to set up a 750-Mw power plant in Bangladesh

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  • L&T’s construction arm bags contract for Navi Mumbai International Airport
  • Government weighs privatization of a few Maharatna and Navratna PSUs
  • TVS Motor sales down 15 percent in August
  • MCA sets up expert committee for valuation professionals
  • Dredger owned by Mercator sinks near Mangalore port
  • NMDC revokes cancellation of Chhattisgarh project contract to BHEL
  • Maruti Suzuki records cumulative sales of 1 million utility vehicles
  • RBI panel recommends the self-regulatory agency for secondary markets
  • CPSE exchange-traded fund lags Nifty in 2019
  • IT outsourcing sector faces heat from global in-house units
  • CCI clears Capgemini’s acquisition of Altran Technologies
  • Bank merger woes: Bank officers associations to launch protests
  • Ashok Leyland plans light commercial vehicles range in sub-5 tonne segment
  • Tractor volume set for 5-7% de-growth this fiscal, says a report
  • Centre may soon come out with measures to boost the real estate sector
  • Jaypee Infratech insolvency: Supreme Court asks NBCC for a fresh plan
  • Two-wheeler makers pushing excess stock says FADA
  • Rupee tanks 97 paise to 9-month low on weak macro data, strong dollar
  • Gold prices gain Rs 538 to Rs 38,987 per 10 gm
  • Sensex crashes 770 points following weak macroeconomic data
  • Anil Ambani‚Äôs Reliance Naval & Engineering Ltd faces insolvency