Morning Business News Round Up_April 12, 2019

Morning Business News:

  • Banks close FY19 with 13.24% credit growth
  • India Inc’s foreign investment rises 18% to $2.69 billion in March
  • RBI injected Rs 2.98 lakh cr liquidity in 2018-19
  • Tata Tele merger: DoT seeks bank guarantee from Airtel
  • Tyre demand to grow 7-9% during FY19-FY23: Icra
  • Bank deposits face competition in company NCDs
  • People happy to share data for better pricing: Survey
  • Sebi to seek details from mutual funds with schemes linked to Zee group
  • Whistle-blower letter: Deloitte faces SFIO probe in IL&FS case
  • India should bolster capitalisation of govt-owned banks to tackle NPAs: IMF
  • Sebi issues guidelines for boosting risk management in the MF industry
  • NMDC’s new integrated steel plant to add $1.7 billion to topline

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  • Sugar mills owe $4.38 billion to cane growers who are unpaid from a year
  • Sweden stresses on need for EU-India free-trade agreement
  • Lower capacity utilisation hits wind turbine manufacturers
  • L&T acquires TIDCO’s 3 per cent stake in L&T Shipbuilding for Rs 32.74 cr
  • Etihad, NIIF submit EoI for Jet; Goyal pledges shares with PNB
  • Coal India picks PDIL as successful bidder to set up methanol plant
  • PFRDA to issue new guidelines on FDI in pension sector
  • Sun Pharma’s senior executive, wife settle insider trading case with Sebi
  • JSW Steel sells $500 million debt to overseas investors
  • Subhash Chandra reiterates commitment to repay all debtors in full
  • Google Pay launches gold buying, partners MMTC-PAMP India
  • BBB for autonomy to PSU banks to decide organisational structure
  • Jet Airways suspends Singapore flights; airline’s fleet now down to 14 aircraft
  • India has scope for reducing untargeted food, fertiliser subsidies: IMF
  • Tiger Global, Sequoia India backs mobile marketing startup Clevertap
  • Rupee rises for 3rd day, up 19 paise at 68.92 against dollar
  • Saudi oil cuts deeper than promised: International Energy Agency
  • Gold slides on muted demand, sluggish trend overseas
  • 75 firms can return Rs 1.1 lakh crore to shareholders
  • RBL Bank ties up with CreditVidya to improve customer experience