Morning Business News Round Up_Feb 05, 2019

Morning Business News :

  • SBI, other performing PSBs may see stake sale
  • CERC pushes for 100% power sale in spot market
  • IDBI may now become LIC IDBI Bank or LIC Bank
  • TDSAT exempts RCom from one-time spectrum charge
  • India’s exports to surpass USD 314 bn peak this year
  • Tata’s plea to bid for Bhushan Steel struck down
  • RCom goes to NCLT to speed up Jio deal, hopes move will expedite DoT nod

Image result for RCom

  • Fugitive tycoon Vijay Mallya’s extradition to India approved by UK minister
  • Zee group’s Subhash Chandra gives personal guarantee to mutual funds
  • NCLAT asks govt for list of IL&FS firms categorised by financial position
  • Setback for Tata Steel as NCLAT upholds creditors decision on Bhushan Power
  • Sugar mills want Centre to hike ex-mill price to help clear arrears
  • Fiscal deficit for April-December at 112% of FY19 Budget Estimate
  • Govt to begin process to monetise assets of CPSEs from April
  • Anti-dumping duty imposed on ‘fluoroelastomers’ from China
  • JSW Steel’s bid for Bhushan Power upheld
  • SRF posts a 26% jump in consolidated net
  • ONGC Videsh looks to pare stake in one of its costliest acquisitions
  • RBI to announce policy before noon on 7 February
  • Ruia, Essar Steel directors move NCLT to squash Mittal’s bid
  • UPL open to buy back TPG Cap, ADIA  stakes in Arysta
  • Amfi’s MF campaign may turn focus on debt funds: Nimesh Shah
  • IndoStar to buy IIFL’s CV financing business
  • Rating agencies downgrade various loan facilities of DHFL
  • Jet Airways debt resolution plan outline is ready
  • Aditya Birla Fashion Q3 net up 100% to Rs 70 crore
  • TPG Growth set to invest $30 million in Solara Active
  • Coal India approves share owner buyback worth Rs 1,050 crore
  • Governance standards improving in corporate India
  • Essel promoters sell shares worth over Rs 1,050 cr in 6 firms
  • Tribunal sets Feb 11 deadline to decide on Arcelor-Essar bid
  • Vedanta Resources rating downgraded to Negative
  • FPIs pull out Rs 5,300 cr from capital markets in Jan