Morning Business News Round Up_Dec 06, 2017.

UAE, Saudi forming new group, separate from GCC

Irda issues rules for PE investments in insurance cos

Highlights of mid-term review of Foreign Trade Policy

RBI reiterates warnings about trading in Bitcoins

Airlines to trim losses by upto 90% this fiscal: Icra

Govt plans to replace the taxman with an algorithm

Government rolls out incentives to boost exports

Govt’s public debt rises by 2.53% in Jul-Sept quarter

Onus on rating agencies to reveal loan defaults

LIC invests Rs 44K cr in equity markets in Apr-Nov period

14% rise in corporate debt under stress

Single authority to issue GST refund for exporters: Adhia

Lenders may go slow on referring SMEs to NCLT

Sugar mills fret as prices plunge of sugar and molasses

CCI approves Indus Towers’ share transfer to Voda shareholders

TCS, Cornell Tech partner for academic and industry research

Higher export relief for labour-intensive sectors in FTP review

Indian fleet-owners term IOC, BPCL tanker charter tenders not workable

Reliance Jio records top 4G download speed at 21.9 mbps in Sept: TRAI

Amtek Auto seeks more time for announcing audited results

Govt says debt rollover risk in next 5 years low

No evidence? to justify Vijay Mallya extradition to India, UK court told

More Chinese banks plan to file insolvency cases against RCom

Lanco Infratech seeks to sell four renewables assets

Decoding the imports surge post demonetisation

ADB approves $583 million loan to Reliance Power project

1% of world GDP to be spent on air transport next year, says IATA

RBI policy meet begins; decision on key rate on December, 6

Service sector slips to contraction territory during November:PMI

Bhel to renovate ESP package at Kahalgaon plant for Rs 215 crore

Top 500 companies may face electronic tax scrutiny soon

Indian economy can grow at 10%: ADB country head

LIC books over Rs 12K cr equity profit in first half

Leading coffee exporter & supplier brews own brand

Demat accounts touch 3 cr mark as people queue up for stocks