Morning Business News Round Up_August 08,2017

Morning Business News :

  • Airtel may sell 3.7% stake in Bharti Infra for Rs 2500 cr
  • Bankers review progress of 12 large NPA accounts
  • PSU banks write off Rs 2.49 lakh cr of loans in 5 yrs
  • Iron ore worth Rs 1,900 cr illegally extracted: CAG
  • Eros in talks with Apple to sell its content library
  • ONGC to pump $150 mn in Colombia, Kazakh & B’desh
  • Note ban, GST make a dent in smartphone shipments
  • Irdai directs LIC to reduce stakes in L&T, ITC to 15% by Dec 2018
  • Sebi mulls extending derivatives market timing
  • GIC Re files for IPO; might raise Rs 6,000 cr
  • Tata Steel swings back to profit in Q1 at Rs 921 cr
  • Zero tax certification for foreign remittances under I-T lens
  • Govt may impose anti-dumping duty of $452 a tonne on certain Chinese tyres
  • Idea-Vodafone deal gets conditional nod from SEBI, bourses

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  • SUVs, luxury cars to cost more as GST cess hiked to 25%
  • Govt annuls fifth round of coal mines auction on tepid response
  • SAT puts off hearing on IRDAI-Sahara Life to August 10
  • IRDAI working with govt to create a simple platform for KYC
  • Vodafone-Idea merger gets conditional nod from Sebi, exchanges
  • July sovereign gold bonds to start trading from Tuesday
  • Global investors line up for stake in Bhushan Steel
  • Bank of India to raise up to Rs626 crore via STCI Finance stake sale
  • Reliance Jio’s plea on Airtel ads on internet speeds dismissed
  • GAIL seeks reworking of US LNG price deal
  • Exporters facing difficulties in GST transition period: EEPC
  • Air India disinvestment: Government to float request for proposal for merchant bankers
  • Securitisation market volume clips past $1.02 trillion in FY17
  • RBI appears more tolerant of currency strength
  • Trai plans to brush up Net speed testing methodologies
  • DeMo effect: ITR filings for 2016-17 grow 25% to 2.82 cr
  • Government asks Basmati exporters to conform to EU pesticide standards