Morning Business News Round Up_SEPT 25th, 2019

Morning Business News:

  • NPAs are giving banks a new cause for worry
  • India turns to UAE for extra LPG as Saudi cuts supplies
  • The inadvertent effect of India’s $20 billion mega tax cut
  • Labour Ministry notifies 8.65% interest rate on EPF
  • NCLT allows RP 90 more days to finish RCom insolvency
  • Infy, TCS, HDFC among Forbes best ‘regarded’ cos
  • Coal shortage puts Rs 5 trn investment in power plants at risk: Official
  • Govt will maintain borrowing plan, likely sell Rs 2.68 trn of bonds: Report
  • Supreme Court resuscitates Amtek Auto, allows fresh bids for the company
  • GMR Infra, Reliance among 19 companies bidding to build Noida airport
  • IDBI Bank puts Rs 9,750-crore non-performing loans on the block
  • Corporate tax stimulus might not lead to higher buybacks or dividends

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  • India must aspire to be the top recipient of FDI: Ravi Shankar Prasad
  • Lebanon’s geo-tech engineering firm ACTS acquires two Indian companies
  • Pennar Ind to double its cold drawn welded tubes capacity
  • DLF reworking strategy to increase food and beverages share to 18-20%
  • RBI puts curbs on PMC Bank, customers panic
  • Recycle, reuse policy to drive India’s plan to become resource-efficient
  • Lower corporate tax should fetch India higher investments: RBI’s Das
  • India, US expected to sign interim trade agreement today
  • JSW Steel raises $400 million in overseas debt
  • The India-us trade deal will help achieve a bilateral trade target of $500 billion
  • Textile bodies urge center to come up with stimulus measures
  • Leather sector exports can touch $9 billion by 2020
  • As NPA resolution crawls, banks stare at the spike in credit cost
  • RIL’s tax liability to fall by 4 percentage points: Morgan Stanley
  • The steep jump in demand for basic motor insurance
  • Rupee rises 22 paise against US dollar in early trade
  • Wind energy can light up the entire world