Morning Business News Round Up_ Nov 2, 2018

  • Cabinet approves ordinance to amend companies law
  • India, China to do joint research on WTO reforms
  • HC to hear Daiichi’s case to block Fortis deal on Nov 15
  • Mobile manufacturing a $230 bn opportunity: Report
  • Current economic scenario not like 1991 crisis: Jalan
  • Airlines under CCI scanner for alleged airfare fixing
  • Telcos for more time to phase out Aadhaar-based e-KYC
  • Pollution control authority shuts NCR rice mills
  • SBI withdraws insolvency plea against Uttam Galva Steels
  • India engaged with US, other stakeholders on Iran oil issue: MEA
  • Govt’s 3% share sale in CIL over-subscribed;to fetch Rs50 bn
  • Govt delays implementation of retaliatory tariffs on US goods till Dec 17
  • Power sector to attract Rs 11.56 trillion investments in five years
  • 50 Indian items hit as US scraps duty-free privilege on 90 products’ import
  • GST collection exceeds ₹1-lakh crore in Oct
  • Rabi crops may face weather risk
  • Maruti posts marginal increase in Oct sales at 1,46,766 units
  • HCC posts ₹1,525-cr loss for Q2 due to write offs
  • Tata Power seeks to triple discom business
  • Vedanta imports more alumina than scrap shipped in by recyclers
  • HPCL net slips 37% on lower refining margin
  • NBFCs seek new funding routes to tide over liquidity crunch
  • DLF Q2 profit rises thirty-fold to ₹373.21 crore
  • Refund money raised via debentures with 15% interest, Sebi tells Sahara
  • Tata Steel claims Bhushan Power lenders and JSW violated NCLAT orders
  • HDFC Q2 net profit rises 25% to Rs 2,467 crore
  • Hero MotoCorp sales rise 16% to 7,34,668 units in October
  • India biggest commitment for AIIB, says official
  • GN Bajpai resigns from IL&FS board
  • India may impose anti-dumping duty on a chinese chemical
  • China having hard time, says US President Donald Trump over trade war
  • ArcelorMittal Q3 net income declines 25 percent to USD 0.9 billion
  • Manufacturing sector activity rises in Oct on robust order flow: PMI
  • RBI buys 13.7 tonnes of gold in Sept quarter
  • HDFC Bank is India Inc’s top wealth creator
  • Banks take 54% haircut in 52 cases resolved
  • Volvo clocks record 40% sales growth in Jan-Oct 2018