Morning Business News Round Up_ Oct 24, 2018

  • Trump threatens to impose tariffs on countries
  • Government plans to tighten rules for auditors
  • Banks’ troubles run deeper than only the NPA
  • HCL Tech Q2 profit rises 16% to Rs 2,540 crore
  • Govt looks to relax norms for setting up petrol pumps
  • CAG Mehrishi questions RBI’s accountability over NPA
  • Saudi to provide $3-bn aid to cash-strapped Pak
  • Sebi mulls standardisation for PMS schemes by setting up industry body
  • Pharma sector to post moderate 7-9% CAGR due to healthy demand
  • India signs $5 bn-worth of pacts to give impetus to iron and steel industry
  • IBBI notifies mechanism for issuing regulations under insolvency law
  • ED files fresh charge sheet in Rs 50-billion Sterling Biotech scam
  • BPCL’s Kochi Refinery starts to get crude from its subsidiary
  • NSE gets SEBI nod to launch copper large futures contract
  • IRB InvIT distributes ₹3/unit; net drops 45% in Q2 to ₹37.4 cr
  • Slack demand drags coconut oil prices down by 15%
  • Bayer CropScience Q2 profit falls to ₹142 crore
  • Bajaj Corp Q2 profit up 1.85% at Rs 51.6 cr
  • NBFCs face big test as Rs 1.2 lakh crore repayment comes due
  • RBI lifts ban on Fino Payments Bank to open new accounts
  • Ford posts a profit in India, 20 years after driving in
  • BoB, Vijaya Bank, Dena bosses to meet on Wednesday over merger
  • Tata Steel objects to JSW Steel’s ‘final’ bid for Bhushan Power
  • India’s economic growth not inclusive enough, inequality rises
  • Cipla’s arm completes acquisition of South Africa’s Mirren
  • IndiGo, SpiceJet, Jet Airways face credit rating revisions as costs spiral
  • RBI Board meet: Finmin may raise need to relax PCA framework
  • REC eyes $5b via mid-term notes on GSM
  • India’s internet services can grow to $124 b by 2022: Study
  • 38 MoUs signed to save nearly Rs 40K cr capital goods import
  • FinMin proposes slew of measures to improve liquidity