Morning Business News Round Up_ Dec 06, 2018

  • RBI to cut SLR gradually to 18% by mid-2019
  • Govt to spend Rs 70,000 cr for gas pipeline network
  • India conducts its first major wind-solar hybrid auction
  • RBI issues draft norms on NRI participation in IRD market
  • ITAT verdict on LTCG case is a setback for IT dept
  • Maruti Suzuki to increase car prices from next month
  • Sebi proposes warehousing norms for non-agri goods
  • Cabinet likely to clear policy to boost exports of agri commodities
  • RBI to bring ‘ombudsman scheme’ to solve digital transaction complaints
  • IOCL’s Rs 31 billion Paradip unit to start production this month
  • Govt to clear fertiliser subsidy arrears of Rs 100 bn by March: Gowda
  • Tyre exports expected to rise 7% to touch $1.85 billion in 2018-19
  • EU asks India to drop mandatory quality testing for steel imports
  • SBI sees GDP growth slipping below 7% in H2
  • NY-based aviation start-up BLADE to start operations in India
  • TVS Srichakra ramps up capacity; plans ₹150-cr capex
  • REC reports ₹ 1,764 crore net profit in Q2
  • Foresight Group plans to buyVLCCs, LNG carriers
  • HUL market cap crosses ₹4 lakh crore mark for the 1st time
  • Cabinet to consider REC stake sale to PFC Thursday
  • FinMin says RBI’s assessment of economy in line with govt’s reading
  • Mahindra starts selling Ford cars in expansion of alliance
  • Supreme Court dismisses CCI’s plea for probe against Airtel, Idea, Vodafone
  • Tiger Global returns to India with Facilio investment
  • RBI to set up panel to look into problems of MSMEs
  • JP Morgan targets mid-sized firms in challenge to European banks
  • Power Grid bags first intra-state project under tariff-based competitive bidding
  • NBFCs’ asset growth to halve to 10% in H2 on liquidity woes, says Crisil report
  • Etihad in talks with banks for Jet Airways rescue
  • Tyres exports to cross Rs 12,000 crore this year
  • Ministry proposes import duty cuts on more EV parts
  • PMI shows strong rise in business activity: Garg
  • Consumer durables to become costlier in coming weeks