Morning Business News Round Up_April 20, 2018


TCS Q4 profit rises 4.5%; approves 1:1 bonus issue

WhatsApp leaks case: Sebi scanning Facebook likes

NCLT rules 2nd round of bids for Essar Steel invalid

Fortis board to form committee to evaluate bids

RIL-BP sanction satellite gas field in KG-D6

Image result for shipping industryBlockchain all set to revolutionise shipping industry

Withdraw up to Rs 2,000 via PoS free of charge: SBI

CCI slaps Rs 215 cr fine on Eveready, Indo National

IMF lauds India for ‘right policies’ to lower debt, bats for transparency

Oil soars to 3-yr high as Saudi withholds supply, seeking $80-100 a barrel

As part of $4.2-bn global deal, P&G to acquire Merck India for Rs 12.9 bn

HDFC life Q4 PAT up 24% at Rs 11 billion in FY18; total premiums rise 21%


IndusInd Q4 net up 26% at Rs 9.5 bn; divergence seen with RBI on NPA data

Some MPC members doubt if growth would be sustainable: RBI minutes

Net interest income boosts IndusInd Bank net profit up 27%

Group of shareholders seek removal of 4 directors: Fortis

Godrej Security eyes 20% growth in home safes biz

Metal stocks drive Sensex up 96 points; Tata Steel soars 3.2%, YES Bank 2.83%

Rupee dips to 65.80 on dollar demand, rising crude oil prices

Metal stocks shine as LME aluminium hits near 7-year high

RCom tower, fibre assets sale plan suffers setback

Warburg set to exit Avtec, sell 30% stake to CK Birla Group

No relaxation in new bad loan rules, indicates RBI

Government?s fighter jet tenders may be worth Rs1 trillion

SSG Capital buys 47% stake in Shapoorji Pallonji Finance

RBI minutes: Urjit Patel in favour of more data before changing policy stance

US may reject India’s plea to join China in tariff dispute

NCLT directs Essar Steel lenders to consider Numetal, ArcelorMittal bids

‘Jio-fication’ propels Mukesh Ambani to World’s Greatest Leaders List

Group of Ministers proposes ?One Nation One Tax? for commercial vehicles

RBI to recoup forex reserves despite being put on US watch list, says report

India to invest more than 1 billion pound in UK

MSME ministry to hold global SME convention this month

SC allows Sahara to sell properties in Aamby Valley by May 15

FTTL raises 2nd tranche of funds

India leads South Asia in occupational frauds

Defence stocks start rising after Expo boost

Base metals surge on fears of supply disruptions