Morning Business News Round Up_Feb 12, 2018

  • Inflation to moderate to 5% in Jan: Report
  • Ebix front runner to buy Educomp with Rs 325-cr offer
  • Insurance industry set to touch $280 bn by 2020: Naidu
  • RInfra bags Rs 567 crore order from NTPC
  • ‘Govt saved Rs 56K cr through Aadhaar-enabled DBT’
  • Govt releases Rs 9,940 cr for Smart Cities Mission
  • ONGC acquires 10 per cent stake in UAE’s oil offshore concession
  • Bank haircuts on NPAs go up to 80%; 9 of 12 firms enter bidding stage
  • Bad news for Adani Power as Jharkhand rejects Rs 120-bn bid to set up SEZ
  • NTPC may borrow Rs 160 billion in FY18 to add 6,900 Mw capacity by March
  • Lucknow to float municipal bonds of Rs 1 billion to fund infra projects
  • Bank of England reading inflation, no hurry to raise rates: Chief economist
  • Equity bubble: RBI, SEBI need to be cognizant of risks going forward, says RBI Guv
  • Mumbai is 12th richest city globally with wealth at $90 bn
  • IRFC will diversify lending, but tread cautiously
  • Eight tax officers to handle GST-related queries on Twitter
  • Wipro arm launches Internet of Lighting solutions with Cisco
  • Bike-makers gearing up for new brake systems
  • Singapore Exchange to open trading in Indian products as per normal
  • Rules on cryptocurrencies should be out soon: Sebi chief
  • Coal India Q3 profit up 4% at Rs3,004 crore
  • RBI to have additional instrument for liquidity management
  • Real estate back on recovery path: Survey
  • Tata Motors to leverage group strength on future of mobility: MD Guenter Butschek
  • New rules on corporate bonds by September: Sebi chief Ajay Tyagi
  • Fiscal situation to be comfortable in FY19, says FM Arun Jaitley
  • Government measures to ensure MSMEs become growth engine: DFS Secretary Rajiv Kumar
  • Ikea opens distribution centre in Pune; to invest Rs 750 crore in Maharashtra
  • Centre sees 45% fall in customs collection in FY18
  • Sops to oil, gas producers under new E&P policy
  • Cost of funds low, but not many takers for gold loans
  • Bombay HC pulls up Centre for GST pomp, glitches