Morning Business News Round Up_Oct 11, 2019

Morning Business News:

  • ECB minutes show deep rift over policy as Draghi era closes
  • Ind-Ra pares India’s FY20 GDP forecast to 6.1%
  • US, China resume high-level talks to end the trade war
  • India jumps to 7th spot in Brand Finance Nation ranking
  • IL&FS to sell 13 prime properties across three cities
  • Revival plan under govt’s active consideration: BSNL
  • Venture investments up 69% at $16.4 bn in Q2
  • TCS Q2 net up 1.8% at Rs 8,042 cr; announces a special dividend of Rs 40/sh
  • Telcos to get Rs 13,000-crore revenue boost for inter-connect user charges
  • Indian miners reject govt plan to link coal index to foreign prices: Report
  • 64% of farmers don’t prefer cash transfer for fertilizers: NITI Aayog study

Image result for farmers

  • Vodafone Idea needs a fresh round of equity infusion by 2021, say lenders
  • Moody’s cuts India’s growth forecast to 5.8 percent for FY20
  • DBT in fertilizer sales saved govt $1.54 billion: MSC
  • India’s engineering exports to China up 58% in Aug
  • Welspun India expects to be debt-free in five years
  • Gem, jewelry export dips 6% in September
  • Tata Steel sales down 4% in Sept quarter
  • Tata Motors global wholesales down 27% in Sept at 89,912 units
  • OPEC chief says deeper oil cut an option amid weaker 2020 outlook
  • Sebi comes out with a framework for issuance of depository receipts
  • Half a dozen public sector banks cut lending rates by up to 0.25%
  • Strengthening cooperation in trade facilitation to help reduce the trade gap with India: China
  • World Bank says 2019 Asia-Pacific growth to slow to 5.8% on trade tensions
  • ‘FDI rule violation’: Flipkart, Amazon top executives meet DPIIT officials
  • Online food delivery may touch $12.53 billion by 2023
  • Haldiram emerges sole bidder to buy insolvency-bound Kwality for Rs 130 crore
  • Piramal dispels rumors about financial business, files complaint with Sebi
  • Miners reject national coal index proposal
  • Larsen & Toubro Infotech faces racial bias suit in the US