Morning Business News Round Up_Aug 29, 2019

Morning Business News:

  • New FDI rules to lure Apple, Oneplus, others: ICEA
  • Cabinet clears Rs 6,268 crore sugar export subsidy
  • Nestle to replace Indiabulls Housing Finance in Nifty
  • US-China trade dispute presents the opportunity for India
  • DGCA calls an urgent meeting with Indigo, GoAir
  • Voda gets the nod to raise share capital to Rs 50K cr
  • India Ratings cuts growth forecast for FY 2019-20 to a 6-year low at 6.7%
  • Govt okays 100% FDI in contract mfg, eases rules for single-brand retail
  • Moody’s downgrades YES Bank’s ratings, changes the outlook to negative
  • After EOI submission, Synergy Group eyes 49% stake in Jet Airways
  • IOC to invest Rs 2 trn in 5-7 yrs, develop a new energy storage technology

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  • Iran suggests barter trade with India for sectors like Agri, drugs
  • Govt mulls scrapping cap on foreign investment in coal mining
  • Piramal Enterprises defers NCD plans
  • NCLT allows IL&FS to sell seven wind assets to Orix for Rs 4,800 cr
  • Every economy faces headwinds, India no exception: Vedanta
  • Indian Oil to build a 1 GW electric vehicle battery plant
  • Gains from massive bond-buying helped transfer higher surplus: RBI
  • Moody’s revises Indian steel producers’ outlook to negative
  • IIFL Wealth to acquire L&T Finance’s wealth management business
  • Trai issues a draft of broadcasting and cable services interconnection regulations
  • Despite climate concerns, India further opens up its coal sector
  • Iran to open a bank branch in India in 2-3 months to boost trade
  • Iran, India could seal preferential trade agreement by 2019 end: Iranian envoy
  • US-China trade dispute presents an opportunity for India, says DBS report
  • Every economy faces headwinds, India no exception: Vedanta
  • Gold nears Rs 40,000; silver soars Rs 2,110
  • Rate cuts not enough to re-fire damp India housing market: Report
  • Government weighing options on using RBI payout
  • Nestle India will replace Indiabulls Housing Finance in the Nifty-50 Index