Morning Business News Round Up_Dec 5,2019

Morning Business News:

  • SBI to sell 8.25% stake in UTI MF via OFS
  • SAT refuses relief to lenders in Karvy Broking case
  • IL&FS reports Rs 22,527 crore loss for FY19
  • ‘India’s cybersecurity market to touch $3 bn by 2022’
  • Ashok Leyland announces non-working days for Dec
  • Sebi action against auditors, not ‘turf war’: Ajay Tyagi
  • SAT asks NSE to take a decision on Karvy’s license suspension by Friday
  • Anil Ambani firms’ CoC to discuss Bharti Airtel’s offer on Thursday
  • Govt garnered Rs 2.03 trn revenue from Coal India in last 6 fiscals: Joshi
  • Govt considering options to decontrol urea, says Fertiliser Minister
  • Tata Power-ICICI Bank JV acquires UP based Prayagraj power project
  • Cabinet approves Fourth Code of labor laws, land monetization

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  • SAIL records 36 percent growth in sales during November 2019
  • Oil marketing firms’ bid to encourage alternative fuels
  • Indian clothing market likely to be worth $53.7 billion in 2020
  • Sembcorp to buy out Gayatri Energy’s stake in India venture
  • US, China move closer to trade deal despite the harsh rhetoric
  • Bharat Bond ETF cleared, paves way for retail funds in corporate debt
  • Ujjivan Small Finance Bank IPO sees the highest subscription in 2019 at 170 times
  • Sembcorp buys out Gayatri Projects’ 5.95% stake in its subsidiary for ₹406 cr
  • FMCG sales on e-commerce sites to touch $4 billion by 2022: Nielsen
  • OPEC nations grapple with an oversupply of oil
  • GST Council to review revenue position, compensation cess on December 18
  • Coca-Cola’s in-house bottling arm to transfer operations in north India to franchisees
  • Govt to launch first debt exchange-traded fund
  • India’s services industry returns to growth in November on strong demand: PMI
  • Bharti Airtel board approves raising up to USD 4 billion
  • United Breweries steps into the craft beer market