Morning Business News Round Up_Nov 20,2019

Morning Business News:

  • India appeals against WTO’s ruling on export incentives
  • AIIB to invest up to $2.5 bn in urban transport projects
  • DoT asks telcos to share broadband infra in govt bldgs
  • Voda Idea, Airtel loses over 49 lakh users in Sep: TRAI
  • PSBs reported frauds of over Rs 95,700 cr in Apr-Sep
  • Vodafone Idea presses for Rs 7,000 cr tax refund
  • MF industry folio influx hits 3-month high in Oct
  • Phone makers seek clarity on export duty relief scheme
  • Cabinet may consider a proposal to lower govt stake in CPSEs to less than 51%
  • Govt has no plans to revise fiscal deficit target, says MoS Finance Thakur
  • Allahabad Bank’s merger with Indian Bank gets in-principle govt nod
  • RBI unions want govt to raise deposit insurance cover to Rs 10 lakh

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  • RBI slaps Rs 2.50-crore fine on Bank of Baroda over non-compliance
  • Patanjali’s Apr-Sep revenue at Rs 3,562 cr, highest for a half-year period
  • India quit RCEP in national interest: Goyal
  • India vulnerable to the oil price, capital flows shocks: YV Reddy
  • Jet Airways’ bidder Synergy gets an extension till December 16
  • Steel Ministry proposes setting up integrated steel hubs
  • MRPL makes the first export shipment of BS-VI-grade diesel
  • Lupin launches generic hypokalemia drug in the US
  • Dilip Buildcon bags Rs 2,123 cr order from Coal India arm
  • Losses incurred by 71 central PSUs during FY18 rise to ₹31,261 cr
  • ICICI Bank may raise ₹20,000 crores aiming to fill credit gap left by NBFCs
  • 15 foreign banks keen to open a branch in India
  • Scrappage policy hits another roadblock after NITI Aayog flags issues
  • Reserve Bank likely to refer DHFL, Altico to bankruptcy court
  • Employment growth slowed down in the last two years: Report
  • Supreme Court stays SAT order that quashed Sebi ban on Price Waterhouse
  • Govt mulls setting up a dedicated cell to promote Agri startups
  • Central Bank of India reports higher Rs 6,430cr loss for FY19 due to NPA divergence
  • RIL achieves another feat, the first firm to hit Rs 9.5 lakh cr m-cap mark
  • Financial crunch due to Centre’s failure to release GST dues
  • Gold rises Rs 328, silver prices jump Rs 748
  • Passenger vehicle retail sales jump 11 pc in Oct on festive demand: FADA
  • Private banks stay in profit, PSBs return to losses