Morning Business News:
- Reliance, BP take over Niko’s 10% stake in KG-D6
- Exports, housing sops in FM’s third growth booster
- Sebi mulls whistle-blower mechanism for auditors
- Govt mulls measures to improve the financial health of STC
- SBI shelves IPO plans for general insurance arm
- Dues rise as power sector reels under stress
- DLF sells 9 acres to AmEx for Rs 300 crore
- Recent CoC decisions raise hopes for the return of errant promoters
- Power gencos outstanding dues on discoms jump 57% to Rs 73,000 cr in July
- Saudi oil attacks raise the spectre of oil at $100 per barrel, say, analysts
- Former NSEL promoter Jignesh Shah shifts gear, bets on water conservation
- General Motors hit by the first strike in 12 years in the clash over Jobs, benefits
- Canada pension board set to become the controlling shareholder in L&T
- India staring at a price flare-up after a drone attack on a Saudi oil facility
- Power Finance raises global bond issuance size to $5 billion
- The merged entity of PNB, OBC and United Bank to become operational by next April
- Lee Fixel sets sights on Indian startups again, may invest $1 billion
- Kae Capital in talks to raise the third fund of up to $60 mn
- Tata, Vedanta mining leases end in March; Govt to reject leases of many firms
- Air India posts ₹4,600 crore operating loss in 2018-19
- Altico Capital default hit debt funds, side pockets created
- Ericsson acquires Niche AI workforce for India center
- Exporters say govt incentives will boost shipments
- SBI to move RBI to offer fixed-floating rate home loans
- FPIs turn net buyers, infuse Rs 1,841 cr in the first half of September
- Rubber futures hit a six-month low
- Man-made yarn imports up multi-fold in July
- Kharif crops to keep agri-GDP at 3 percent