Morning Business News:
- Sebi orders forensic audit of Sun Pharma’s books
- Banks unlikely to trim lending rates despite new norms
- Auto sector slowdown may wipe out a million jobs: SIAM
- Reliance targets more retail acquisitions abroad
- M&M defers Rs 1,000-cr CAPEX plan amid the slowdown
- India to give $1bn line of credit for Russia’s the Far East
- PNB board approves merger with OBC, United Bank
- RBI deputy governor BP Kanungo fears the risk of dwindling bond supply
- Discoms may be asked to pay 50% advance payments to power companies
- Govt launches updated Credit linked Capital Subsidy Scheme for MSMEs
- Aditya Birla Capital to raise Rs 2,100 crore from a promoter, PE firms
- JSW gets NCLT nod to acquire Bhushan Power and Steel for Rs 19,700 crore
- PowerGrid declares ₹4,356-cr dividend
- Indian auto industry growth story about to collapse: Tata Motors MD
- Solar installations in the first half of 2019 at 3.2 GW, down 35 percent
- India’s per capita water availability to decline further: ICAR
- US Dept of Justice rejects Hindalco arm Novelis’ deal to buy Aleris
- Dr. Reddy’s launches generic version of Zyban tablets in the US
- Maruti Suzuki bats for a separate platform for making regulation on the auto industry
- FinMin to meet heads of CPSEs for capital expenditure push
- NCDRC directs Unitech to pay compensation to home buyers at 8% rate
- ED issues show-cause notice to Amnesty Intl for FEMA violation of over ₹51 cr
- Birla Estates enters Bengaluru market with two projects
- Ashok Leyland sees demand-pull for MHCVs soon
- Lenders optimistic of supporting the resolution plan: DHFL
- Big firms grab most bank funds: Less than 1% of companies have 50% of bank loans
- Import of 215 iron, steel items need compulsory registration under SIMS
- Heavy foreign investment in the telecom sector; 25% of total FDI in India in Q1
- Sensex rises over 100 points; oil and gas, metal stocks rally
- Bajaj Finance plans $1 billion share sale
- Hindalco bid to buy US aluminum firm Aleris faces the anti-trust hurdle
- Gold imports drop 73 percent in August