Morning Business News Round Up_August 29,2017

Morning Business News :

  • World’s 1st diamond futures bourse opens in India
  • Promoters may take part in Infosys share buyback
  • Greenko eyes R-Infra’s Mumbai power biz for $2 bn
  • Govt sanctions over 2.17 lakh houses for urban poor
  • EPFO diverting money to riskier bonds to earn more
  • Trai seeks views on sale of 5G services spectrum
  • The cost of clean water is $150 bn a year: World Bank
  • Tata Teleservices plans to invest Rs 4,000 cr in listed arm
  • Centre to divest up to 10% stake in NTPC for Rs 13,800 cr
  • IDBI Bank looks to exit early from NSE
  • GST to have positive impact on states’ finances: Ind-Ra
  • Lenders of Jaypee Power seek bids for 30% stake dilution to recover debts
  • Reliance Capital shareholders to get 1:1 stock of home finance arm
  • L&T Construction bags orders worth Rs. 1,975 cr
  • NSE now eyes mega Rs.10,000-cr IPO by Feb-Mar next year
  • ACC, BoB & Tata Power to move out of Nifty 50 wef Sept 29
  • Despite sharp cuts by PSU banks, foreign banks command lowest MCLR
  • Dr Reddy’s faces class action suit in US court
  • Iron ore stockpiles swell on imposition of export duty
  • RBI may consider linking bank loans to repo rate
  • NSE adds Bajaj Finance, HPCL, UPL Ltd to Nifty 50, removes 4 stocks

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  • Insolvency case: IRP verifies claims of over Rs44,498 crore against Bhushan Steel
  • SSG Capital Management in talks to buy stake in Emco Ltd
  • L&T Finance among India’s five most valuable NBFC firms
  • Gilead to buy Kite Pharma for promising cancer therapies in $12 billion deal
  • Over 36 lakh businesses file GST returns so far
  • Fringe benefits availed by employees liable to GST
  • DLF looking at Mumbai, Bengaluru to build commercial assets
  • Appetite for telecom spectrum only by early 2019, says COAI
  • Brexit talks face ‘very big gap’ as new round begins
  • Sensex makes 155-pt gain on easing Indo-China tension
  • Startups can raise 100% funds from foreign investors
  • Essar Steel lenders want to bring in new investors; Tata, JSW keen