Morning Business News Round Up_Feb 01, 2018

Morning Business News :

  • FY17 GDP growth revised to 7.1% from 6.6% earlier
  • Reliance Jio warns public against fake JioCoin apps
  • US Fed leaves rate unchanged; sets up March hike
  • Quess to acquire Monster India, HCL Info’ care biz
  • SBI gets board approval to divest 4.40% CCIL stake
  • Havells India promoters sell 2% stake for Rs 647 cr
  • TV18 becomes majority shareholder in Viacom18 at a valuation of $2 billion
  • IBBI chairman Sahoo defends 94% haircut for stressed firm
  • Sebi agrees to transfer Rs 16.7 bn of surplus funds to govt
  • Recap bonds: Govt fixes coupon rates up to 7.68% with six maturities
  • ICICI Bank Q3 net drops 32% to Rs 16.5 bn; smallest profit in 7 quarters
  • HC allows Daiichi plea seeking Rs 35.6-bn arbitral award against Singh Bros
  • Morgan Stanley shifts p-note base as govt tightens rules for FPIs
  • Trai cuts mobile number port out charges by 79% to Rs 4
  • China January factory growth dips to 8-month low
  • IREDA, Rewa Ultra Mega Solar sign loan agreement
  • Solar Alliance to sign 121 projects by April-end
  • Ramky Enviro to invest₹1,000 cr in expansion
  • JSW Steel logs record Q3 profit of Rs.1,774 cr
  • H&M India sales nearly double to Rs 955 cr in 2017
  • Liquidation is anti-thesis of resolution, says IBBI chief
  • SBI’s deposit rate hike sets stage for rise in interest rates
  • Blackstone to buy Thomson Reuters F&R unit in a $20 billion deal

Image result for Thomson Reuters

  • Galaxy Surfactants IPO sees 19.76 times subscription on the last day
  • Hindustan Copper plans to raise Rs1,400 crore via QIP
  • Vedanta Q3 profit slips about 4% to Rs2,053 crore, lags estimates
  • GST E-way Bill mandatory from Thursday
  • Suresh Prabhu to meet industry next month on new industrial policy
  • Banks can keep recap bonds in HTM category minus any limit
  • Middle Eastern countries must broaden tax bases: IMF
  • Samsung Electronics reaps $39.30 billion net profit in 2017
  • Walmart to pick up 15-20 per cent stake in Flipkart: Report
  • TVS Motor launches crusade against copy cats
  • India moves to stub out tobacco industry rights
  • Hero MotoCorp re-enters premium segment with new Xtreme 200R bike
  • Bulk deposit rates rise as credit growth picks up momentum