Morning Business News Round Up_Oct 29,2019

Morning Business News :

  • SC ruling could ring death knell for Vodafone Idea, Airtel
  • SEZ services’ units may soon accept payment in Re
  • Trade deal with China to be signed ahead of schedule
  • Google owner Alphabet in bid to buy Fitbit: Sources
  • LVMH wants to buy jeweler Tiffany for $14.5 bln
  • AGR verdict: Sunil Bharti Mittal knocks on govt doors
  • Govt likely to reject telcos’ demand for 2-year spectrum fee moratorium
  • BRICS has lost relevance as economic grouping, says Standard & Poor’s
  • Housing finance companies’ gross non-performing assets up 2.2%: Icra
  • US equity outflows to cash, bonds biggest since 2008: Goldman Sachs
  • Unemployment, sluggish growth fuelling unrest in Arab states: IMF
  • RIL debt reallocation a step towards Reliance Jio monetisation: Emkay
  • RCEP deal: Japan tries to convince China to relax demands on India
  • BMS rejects draft Labour Code on social security
  • Arbitration Tribunal delays award in ₹10,247-cr Cairn retro tax case to mid-2020
  • GM strike ends after almost six weeks at cost of $2 billion
  • Jubilant Cadista recalls 63,216 bottles of erosive esophagitis tablets
  • DGCA asks IndiGo to change engines for 16 A320 Neo planes
  • Flipkart’s net loss rises 86% to ₹3,837 cr in 2018-19

Image result for flipkart

  • Bitcoin flirts with $10,000 after China voices support for blockchain tech
  • Jewellery, apparel sales hit in Diwali amid economic slowdown: Report
  • Richard Branson’s Virgin Galactic space venture starts trading on NYSE
  • Apple ramps up smart home efforts to take on Amazon, Google
  • Solar auctions: Govt relaxes norms to attract bidders
  • Govt owed Rs 5L crore to industry at FY19-end: Niti Aayog estimate
  • Amazon India’s e-commerce arm narrows FY19 loss to Rs 5,685 crore
  • RIL’s digital business rejig to bring platform apps onto investor radar, say analysts
  • RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank
  • Volkswagen finance chief outlines road map for $222-billion valuation.
  • Vodafone Idea to seek waiver after court ruling on overdue payments
  • HSBC third-quarter pre-tax profit falls 18 per cent, misses forecasts
  • ICICI Bank quarterly profit falls 28 per cent
  • Poor credit demand may hit deposit growth in H2