Morning Business News Round Up_Nov 1,2019

Morning Business News:

  • YES Bank gets a binding offer for $1.2 bn
  • India loses major WTO dispute to the US
  • Sebi tightens rules for bad loan disclosures by banks
  • Not leaving India, will back JV: Vodafone UK
  • PSBs extend support of Rs 2.56L-cr to stressed NBFCs
  • Coal India’s October production may fall 20%
  • China doubts long-term trade deal possible with Trump
  • Irdai asks insurers to give details on exposure to DHFL, IL&FS, ADAG
  • FinMin claims huge progress in a report on measures to boost the economy
  • IOC Sept quarter net profit slumps 83% at Rs 563.4 crore
  • Govt not considering any proposal for gold amnesty scheme: Report

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  • Syndicate Bank posts Rs 251-cr Q2 profit, versus Rs 1,543-cr loss last year
  • Core sector output falls 5.2 percent in September
  • Fiscal deficit reaches 92.6 percent for six months
  • Tube Investments’ Q2 PAT grows 58% at ₹90 crore
  • Adani Transmission bags two projects from REC Transmission in Gujarat
  • IBC: No back-door entry for ineligible promoters in liquidation proceedings
  • India’s sugar output seen falling, global deficit rises
  • GSK Consumer Healthcare re-launches Crocin Pain Relief
  • Govt actively taking steps to boost the economy: FinMin
  • ShopClues to merge with Singapore-based Qoo10
  • GM recalls 638,000 US SUVs, trucks for unintended braking
  • Paytm Mall trims losses by 34% in FY19 to Rs1,171 crore
  • India loses export incentive case filed by the US at WTO
  • Rescuing former cash cows BSNL, MTNL is widening India’s fiscal deficit
  • 7000 businesses to be set-up in these states under SIDBI’s mega move to boost entrepreneurship
  • Digital payments surge to dent banks’ revenues by $9 billion
  • Reliance Jio says telcos have sufficient capacity to pay dues after SC verdict
  • Auto sector’s contribution to GDP may slip to 7 pc this fiscal: Acute Ratings
  • No more FTAs signing in rush assures Piyush Goyal
  • Muthoot Finance board approves USD 450 mn fund-raise
  • Sensex closes at 40,129, extends gains for 5th session
  • Gold prices up to Rs 115 to Rs 39,017 per 10 gram
  • Banks’ payments revenues to dent by USD 9 billion by 2025: report