Morning Business News Round Up_Dec 4,2019

Morning Business News:

  • India’s growth likely reached a trough: Goldman Sachs
  • S&P reaffirms India’s sovereign rating at BBB
  • Jaypee Infra: NBCC, Suraksha Realty place final bids
  • RBI MPC starts deliberations on monetary policy
  • Global uncertainty could push 7 mn in India to poverty
  • Standard Life to sell 2.23% stake in HDFC AMC
  • White House considered kicking Huawei out of US banking system: Sources
  • Japan preparing $120 billion stimulus package to bolster the fragile economy
  • SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
  • Statistical Commission to discuss junked consumer spending report on Dec 4
  • State-run banks lent Rs 4.14 trn to NBFCs, housing financiers in one year

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  • Advent, Temasek divest stakes in Crompton Greaves worth Rs 1,275 cr
  • Govt mulls easing foreign control rule to aid Air India sale
  • Coal India output falls 4% in November
  • Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
  • Transasia to acquire facility in Brazil to sell diagnostic products locally
  • JSW Steel expects Rs 600 crore TMT bar supply to metro projects
  • Mudra NPAs at 2.86% in FY19, says Anurag Thakur
  • 10,860 cases under IBC pending before NCLT at end of September: Govt
  • 51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
  • 92,700 BSNL, MTNL employees opt for voluntary retirement
  • IT department issues ₹1.46 trillion in refunds till November end
  • Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million
  • Income Tax dept reports 23% growth in refunds till Nov 28
  • Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
  • Company directors may be on govt’s watch list; 19 lakh directors already axed so far
  • Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
  • Reliance Infra invokes RPower’s 10.19 cr pledged shares
  • Donald Trump sees no deadline for a China trade deal
  • Thomas Cook gets brand right for India, Sri Lanka
  • Rupee settles flat at 71.66 against US dollar
  • Sensex slips over 126 points; metal stocks drag