Morning Business News Round Up_ Oct 26, 2018

  • Fiscal deficit widens in H1 of FY19
  • Maruti Suzuki Q2 profit falls 10% YoY to Rs 2,240 cr
  • Airtel profit slumps 65% YoY to Rs 119 crore
  • Essar board offers to pay Rs 54,389 cr dues
  • Bhushan Power auction compromised: Tata Steel
  • Odisha clears Hindalco’s Rs 5000 cr investment proposal
  • YES Bank Q2 profit drops 4% YoY to Rs 965 cr
  • RBI plan to move from wholesale cash cycle to a retail-based model
  • India’s sugar output may decline marginally this yr due to cane crop damage
  • Oil steadies near two-month low as US stockpiles climb, equity rout eases
  • Biocon Q2 net profit surges five-fold on exceptional income
  • Sebi issues norms to levy Rs 100,000 on agri-commodity derivatives turnover
  • North-East monsoon pattern evolves, but no rains just yet
  • Basmati paddy price surges 25% on expectation of output decline
  • TVS Motor rolls out special edition of TVS Sport
  • Rising demand propels JSW Steel Q2 profit to ₹2,087 crore
  • Demand for our loans grew as other NBFCs stopped lending: Ajay Piramal
  • Spot rubber skids on buyer resistance
  • Airtel Africa raises $1.25 billion from SoftBank, 5 others before IPO
  • IDFC Bank to be renamed as IDFC First Bank
  • Tata Motors’ JLR opens $1.6 billion manufacturing plant in Slovakia
  • JSW Steel Q2 profit more than doubles on higher output
  • Challenges persist for Wipro despite healthy Q2 results
  • GST anti profiteering clause puts FMCG firms in a fix
  • Startups in India see 108% growth in funding, receive $4.2 billion in 2018, says NASSCOM
  • BHEL share buyback for Rs 1,628 crore: Record date announced; key things about mega PSU stock repurchase
  • NBCC bags Rs 902-cr contract to build AIIMS in Deogarh, Jharkhand
  • ILFS inducts CS Rajan into board of IECCL as additional director
  • Large pharma firms to report double-digit growth this fiscal: Crisil
  • Birla Group plans $5b capex over next three years
  • Sebi sees opportunity for bond market in NPA crisis
  • 63 Moons gets interim relief from high court