Morning Business News Round Up_ August 29, 2018

  •  Petrol crosses Rs 78, diesel rates at new high
  •  Walmart-Flipkart deal: CAIT approaches NCLAT
  •  FMCG to grow 12-13 in calendar year 2018: Nielsen
  •  ‘Coal imports may rise to 62 mt in FY19 to meet power demand’
  •  Image result for jet airwaysJet Airways gets $300 mn as lease incentives & debt
  •  LIC board gives in principle approval to acquire 14.9% stake In IDBI Bank
  •  Vedanta gets 41 oil blocks out of 55 in first round of open acreage auction
  •  Warren Buffet’s Berkshire Hathaway takes Rs 25-billion stake in Paytm
  •  Fertiliser shares in focus; FACT, SPIC, Chambal Fertilisers up over 10%
  •  Nestle, Starbucks seal $7.15 bn licensing deal
  •  Adani set to acquire Reliance Energy’s Mumbai power biz
  •  Cotton output likely to decline by 3-4% this season, says CAI
  •  Foodgrain output to hit all-time high of 285 mt
  •  Lupin gets USFDA nod to market Gabapentin tablets
  •  SBI plans to sell 3.89% stake in NSE
  •  RBI cancels licence of Tech Mahindra for issuing pre-paid cards
  •  Ruchi Soya sells over 1 crore shares in open market
  •  RBI deadline over, 20 new NPA accounts to go to NCLT
  •  Reliance Jio seen eroding Vodafone Idea, not Airtel
  •  RIL’s 2% gain fuels Sensex 202-point jump, Nifty ends above 11,700 for first time in Indian history!
  •  FDI inflow becomes India’s star performer in Q1; Care Ratings bets on higher GDP growth than last year
  •  PepsiCo India Beverages head Vipul Prakash resigns
  •  Substantial debt may impact company’s ability to raise finance: Tata Steel
  •  MCFL gets green nod for Rs 1,547-crore expansion project in Karnataka
  •  Empower Sebi to crack down on erring CAs, says panel
  •  Steel industry hopes govt will bring clear policy to boost ecosystem
  •  PNB eyes IBC route for Rs 6,000cr power NPA recovery