Morning Business News Round Up_Aug 26, 2019

Morning Business News :

  • Considering to relax local sourcing norms for FDI: Govt
  • Australian Minister likely to meet Gautam Adani in India
  • CVC sets up body to probe bank frauds above Rs 50 cr
  • Assets under gold ETFs jump to Rs 5K cr in FY20
  • India needs single corporate tax rate of 25%: KPMG
  • Over 75% NCD issues of NBFCs went undersubscribed
  • India calls upon nations to leverage its workforce
  • RBI board meeting on Monday to consider Bimal Jalan committee report
  • IT industry on hiring spree, adds record number of employees in Q1

Image result for it industry

  • Peak investment cycle for Indian telecom companies is over: Analysts
  • Two-wheeler makers are exploring new ideas to keep going as sales flag
  • Drug regulator making list of dual-use APIs imported from unregistered cos
  • Stimulus package will boost growth and stabilise economy: CII
  • Bengal gets proposal for 800 MW solar power project: Minister
  • Stimulus Package : More noise, less action for Auto sector
  • Glenmark recalls 31,000 tubes of anti-fungal cream from US market
  • Investors, lenders want Gautam Thapar removed as Chairman of CG Power: Sources
  • Tata Motors’ plan to raise foreign debt off the table
  • FPI surcharge removal, stimulus measures likely to boost markets: Experts
  • Retail lending tells yet another slowdown story
  • Office real estate is defying the slowdown
  • US-UK trade deal within a year of Brexit will be tight: Boris Johnson
  • Govt’s economic measures will attract investments, boost leather exports, said CLE
  • NCLT starts insolvency proceedings against Today Homes Noida
  • Multi-sectoral, multi-dimensional policy stimulus to boost stability, growth, says CII
  • India urges nations to join hands to leverage its strong workforce
  • HDFC bank says no risks to consumption story yet
  • Seven of top-10 firms lose Rs 86,880 cr in m-cap; ITC takes biggest knock