Morning Business News Round Up_April 2, 2019

Morning Business News :

  • Core sectors’ growth slows down to 2.1 pc in Feb
  • ONGC gas output jumps 6.5 pc to record high in FY19
  • RBI reshuffles lead bank responsibilities post merger
  • Ferrero to buy biscuit biz’s of Kellogg for $1.3 bln
  • Saudi Aramco world’s most profitable co in 2018
  • RBI to hold second round of $-Re swap auction
  • 20 days more for resolution of Uttam Galva cos
  • GST revenue touches record high of Rs 1.06 trillion in March: FinMin
  • OMC to open four new mines, increase output to beat iron ore crunch
  • India delays levying retaliatory tariff on US goods to May 2
  • UPI touches nearly 800 mn transactions, amounting to Rs 1.3 trn in March

Image result for Essar Steel

  • India levies anti-dumping duty on solar cell component from four nations
  • Brexit has cost Britain nearly 2.5% of GDP: Goldman Sachs
  • Commodities’ best quarter since 2016 may be a tough act to follow
  • Suzuki Motorcycle sales up 28% in March
  • Amul clocks 13% rise in turnover at ₹33,150 cr in FY’19
  • Essar Steel debt: SBI moves apex court against NCLAT order
  • Usha Martin co-founder’s ouster may delay steel unit sale to Tatas
  • Sebi proposes amendments to norms governing SROs
  • Passenger vehicle sales grow in single digit in FY19, companies feel slowdown
  • UK exports to India grow at fastest rate among non-EU trading partners
  • TRAI issues showcause notice to BARC India for not releasing TV viewership data
  • Citibank settles case with Sebi, pays ₹4.5 crore
  • Everstone to sell entire stake in Rubicon Research for ₹1,000 crore
  • Softbank backed Elara acquires home rental startup Fastfox for nearly Rs 100 crore
  • After SBI, Bank of Baroda is now India’s second largest PSU bank
  • RBI to unveil this fiscal’s first bi-monthly policy decision on Thursday
  • India levies anti-dumping duty on solar cell component from four nations
  • Johnson & Johnson baby shampoo samples fail quality test; co rejects findings
  • Sensex pares gains after breaching 39,000-level
  • Maruti reports 1.6 pc dip in March sales at 1,58,076 units
  • Foreign investors pull out Rs 44,500 crore from Indian market in 2018-19