Morning Business News Round Up_Feb 15, 2018

  • US January CPI posts largest gain in a year
  • PNB reports $1.8-bn fraud, new can of worms opens
  • AIRTEL-Bharati-Foundation.jpg (630×350)Bharti Airtel’s subsidiary eyes IPO to unlock value
  • Singh brothers resign from board of Religare
  • Piramal Fin eyes Rs 3,000-cr affordable housing deals
  • New NPA resolution framework positive: Report
  • After ICRA, CARE downgrades Fortis rating
  • Jindal Stainless posts over 3-fold jump in Q3 net
  • Adani looking for foreign coal mines amid challenges in Australia
  • Sun Pharma Q3 net profit plunges 75% to Rs 3.6 bn on weak US sales
  • ONGC Videsh offers to invest $6.2 bn in Iran’s giant Farzad-B gas field
  • Sugar mills, farmers stress to continue despite increase in prices
  • Japan economy grows for eight straight quarter
  • Allahabad Bank suffers Rs.1,263.8 cr loss in Q3
  • India reviews anti-dumping duty on steel wheels from China
  • Wind prices stay low in SECI?s 3rd auctions
  • Coffee growers want MSP to tide over price crisis
  • DLF’s net debt down to Rs 5,513 cr;to be debt free by Mar’19
  • NMDC net profit jumps 49% to Rs 886 cr
  • Aster DM IPO sees 45% subscription on second day of share sale
  • Nestle India Q4 profit jumps 60% to Rs312 crore on volume growth
  • GMR Infrastructure Q3 loss at Rs566 crore
  • Tata Power Q3 profit declines at Rs612 crore, beats estimate
  • Riding on regulatory win, Reliance Jio tops Q3 league tables
  • ICAI to come out with concept paper on virtual currencies
  • Equity inflow from rights issue to firm Tata Steel’s books, says Fitch Ratings
  • New NPA resolution framework long-term positive: Report
  • India reviews anti-dumping duty on steel wheels from China
  • OVL offers to invest $6.2 bn in Iranian gas field
  • Unsatisfactory jobs, under-employment big problem: NITI
  • Iran seeks Indian investment amid US pressure
  • Fortis to acquire Singapore listed RHT for Rs 4,650 crore
  • 1.5 lakh e-transactions get compromised daily in India