Morning Business News Round Up_April 1, 2019

Morning Business News :

  • 75 power companies have debt of Rs 2.24 lakh crore
  • Welspun Corp to sell assets worth Rs 940 crore
  • India to be among top-10 media markets by 2021: Study
  • ILFS Securities files case against Delhi Police’s EOW
  • Govt notifies new accounting standard on leases
  • DGH seeks data on ONGC’s top 47 fields
  • NBCC ready to buy more stressed realty assets
  • Direct tax mop-up reaches Rs 11.5 trn against revised target of Rs 12 trn
  • Govt extends deadline for linking PAN with Aadhaar by 6 months
  • DPIIT defining ‘accredited investors’ to boost investments in startups

Image result for bank of baroda

  • L & T expects $1 billion revenue from L&T Nxt in 5-7 years
  • Roll-out of new, simplified monthly GST return forms deferred
  • Lenders exploring Plan B if no single investor takes control of Jet
  • Insolvency law’s objective is reorganisation of defaulting firms, not recovery of dues: Sahoo
  • Titan increases stake in CaratLane with Rs 99.99 cr investment
  • Shapoorji Pallonji Infra sells 194 MW solar portfolio to Sprng Energy
  • Aurobindo Pharma, Lupin recall drugs in US market
  • Nippon Steel to bolster overseas business, focus on India
  • Bank of Baroda is now third largest lender as Dena, Vijaya merger take effect
  • SpiceJet launches 28 new flights under UDAN scheme
  • Cowrks to raise $350 million to fund domestic and foreign expansion
  • NPA recovery target in jeopardy on Essar Steel
  • Mauritius, Singapore investments now fully taxable for capital gains
  • 135 startups get angel tax exemption so far from government out of 170 applications
  • Demonetisation impact: Over 14 lakh suspicious transactions generated, says FIU report
  • Current account deficit widens to 2.5% of GDP in Q3 on account of a higher trade deficit
  • India extends deadline to impose high import duties on 29 US products
  • Airlines responsible for their financial performance: Suresh Prabhu
  • FY19 sees 68 per cent drop in fund raising via equity
  • Gold to take cues from trade talks