Morning Business News Round Up_ Nov 27, 2018

  • Centre to infuse Rs 42,000 crore in PSBs by March
  • Q2 GDP growth likely to slow to 7.5-7.6%: Report
  • RBI can transfer Rs 1-tln of excess reserves to govt
  • India set to miss 2018-19 deficit target: Ind-Ra
  • IL&FS claims over dozen responses for 2 arms
  • RINL plans to reduce its iron-ore dependence on NMDC
  • IL&FS Transportation defaults on interest payment
  • Telcos owe Rs 245 bn as spectrum fee in 2019; Voda Idea to pay Rs 122 bn
  • RBI reduces hedging provision for external commercial borrowings to 70%
  • YES Bank’s Kapoor family repays Rs 4 billion to two MFs
  • Sebi issues guidelines to set up alternative investment funds in IFSC
  • India, China amend Double Taxation Avoidance Agreement to prevent evasion
  • NITI Aayog working on ways to help Indian firms become global giants
  • Aussie co to help 2 lakh farmers hone dairy skills
  • Dip in revenues may widen fiscal gap to 3.5% in FY19: Report
  • Banks may stay away from NBFC, HFC bonds under special window
  • Mitsubishi board meets to remove Chairman Ghosn
  • Mirc Electronics to make TVs for Mukesh’s Reliance Retail
  • Large Indian firms must borrow 25% in bonds from as early as 1 April: Sebi
  • Centre moves SC seeking Rs 2,940 crore RCom bank guarantee over spectrum
  • Govt moves to redraft direct tax laws to modernize income tax
  • EU, India in joint bid to fill vacancies at WTO body
  • Sun Pharma to acquire Japan’s Pola Pharma for $1 million
  • Demonstrators demand adequate supply of coal to Odisha industries
  • New power record! Power demand at all-time high in October
  • Essar Steel bid: StanChart moves NCLT against selection of ArcelorMittal
  • Gujarat signs MoUs with IAAI, CMAI to promote textile industry
  • HEG board okays Rs 750 cr share buyback
  • NSE to launch weekly options on dollar-rupee on Dec 3
  • Govt extends duty sops for non-basmati rice export
  • URJIT Patel faces grilling by house panel today
  • NIIT Tech founders may sell 30% holding for a premium
  • Airtel Africa Appoints Eight Global Banks For IPO