Morning Business News Round Up_Oct 18, 2019

Morning Business News:

  • Britain, the European Union reach Brexit deal
  • Adani Enterprises sets up the new arm for metro rail biz
  • DHFL reports Q2 net loss of Rs 242 crore
  • Adani partners Adnoc, BASF for $4 bn chemical venture
  • IL&FS completes wind power units sale to Orix
  • J&J agrees to pay about $117 mn to settle mesh probe
  • Govt asks PSBs to look for alternative resolution mechanism outside IBC
  • Cipla acquires anti-infective drug Elores from Venus Remedies
  • RBI’s subsidiary DICGC to revamp 50-year-old deposit insurance scheme
  • Steel prices fell to three years low; industry awaits demand picks up
  • TVS Motor profit rises 21% YoY in September quarter at Rs 255 crore
  • India will soon become a gas trading hub, says Pradhan
  • FMCG performance in rural India worst in 7 years: Nielsen

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  • Bhushan Power case: ED to move the apex court against NCLAT order
  • PVR Q2 net profit soars 35 percent
  • Zee Entertainment profit up 6.9%
  • Consumption in rural India hits a 7-year low
  • IMF chief Georgieva calls for reversing tariffs threatening global growth
  • Piyush Goyal warns action against e-commerce companies if found guilty
  • Indiabulls Housing Finance offers to pre-pay NCDs
  • India rallies 51 nations to reject US memo on special treatment
  • BREXIT deal sealed: India likely to benefit but Indian firms in the UK must watch
  • China appeals to Washington for a quick end to trade war
  • Govt probing Flipkart, Amazon for alleged discount sales
  • Rupa bets on modern retail for Rs 2000 crore topline by FY22
  • DMF funds for mineral-rich states grossly underutilized
  • Rupee pares initial losses; settle 11 paise up at 71.43 against USD
  • Average MF ticket size, exposure per borrower continue to go up
  • Sensex rallies 453 points to close above 39,000-mark; Nifty tops 11,550
  • Real estate market sentiment decline to 2016 note ban levels