Morning Business News Round Up_Apr 20,2017

Morning Business News :

  • FDI framework likely to be relaxed substantially
  • India back on fiscal consolidation, says IMF
  • Grade reset to dent Coal India’s FSA realisation
  • NSE to add 16 stocks to F&O segment from April 28

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  • Tata Steel seeks export opportunities in SE Asian mkt
  • Tata, Godrej show interest in buying Sahara properties
  • Jaypee Group dents bank profits by Rs 350 cr in 1 day
  • Cabinet approves signing of amended tax treaty with Portugal
  • Sebi clears own staff on MCX-SX licence
  • Steel making cost goes up by Rs 8,000/tonne on high input costs
  • Deposits under PMGKDS can be made till April 30
  • Yes Bank Q4 net zooms 30% to Rs 914 cr; bad loans soar
  • Morgan Stanley’s quarterly profit surges on trading gains
  • SEBI may grant single licence to brokers, clearing members
  • Double taxation avoidance protocol with Portugal gets the green signal
  • Australia visa move unlikely to impact Indian IT workers: Nasscom
  • Bosch to invest ₹1,000 cr on plant and machinery
  • Aurobindo Pharma gets 6 observations from USFDA for Hyderabad unit
  • Yes Bank first casualty in RBI’s rule to pull out bad loan skeletons
  • Vijay Mallya surrenders passport, faces UK extradition hearing on 17
  • IndusInd Bank Q4 profit rises 21% to Rs751.61 crore
  • BigBasket and Grofers start merger talks
  • Fintech friction takes root in India’s banking landscape
  • SoftBank may invest around $1.5 billion in Paytm
  • China’s biggest automaker SAIC puts US ambitions on hold
  • India’s steel import falls 36% to 7.4 million tonnes in 2016-17
  • Housing sales drop in top 8 cities to 28,131 units in January-March
  • RBI’s revised PCA framework positive for banks: Icra
  • Infra: States can borrow from foreign agencies
  • Tata Motors expects 10-15% growth in CV sales this fiscal
  • UIDAI files FIRs against 8 sites for collecting user info
  • Tata Motors to export BS-III vehicles