Morning Business News Round Up_Feb 06,2017

Morning Business News:

  • Vodafone deal may require Birlas to pump Rs 25,150 crore into Idea
  • Fitch, S&P several notches behind India’s reality: S Das
  • FPIs get back to buying mode, pump in Rs 2,300 cr
  • Micromax sets up $75 mn fund to invest in companies
  • ‘Biz environment becoming challenge for steel sector’
  • Tax dept scans 1-cr accounts under ‘Op Clean Money’
  • Coal shortage woes cost NTPC Rs 11,000 cr
  • Blackstone to buy $250-mn stake in Raheja rental arm

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  • Tata slips from top 100 global brands list
  • Penalty of equal amount for receiving cash over Rs 3 lakh: Hasmukh Adhia
  • JSW looking to invest in LNG terminal
  • Piramal in JV talks with CDPQ arm for PE fund
  • Visa holders rush to board flights to US amid reprieve
  • Top 7 cos bunch up Rs 51,613 cr in m-cap, ITC runs up most
  • Budget bonanza may not save the day for rural job scheme
  • Bogus long-term capital gains by shell cos at Rs 80K cr: CBDT
  • Divi’s Lab posts Q3 net at Rs 268.32 cr
  • Sun Pharma recalls 2.7 lakh bottles of antidepressant in US
  • Tyre industry unhappywith Budget proposals
  • Cochin Shipyard talks to buy ABG, Shapoorji backs out
  • PSU disinvestments to touch Rs45,000 crore in FY17:  Jaitley
  • Central Bank of India Q3 loss narrows to Rs605.70 crore
  • PNB to help India Post Payments Bank set up pilot branches
  • Amazon likely to ramp up investments in India, despite drag on profits
  • FIPB phase out mechanism to be ready in couple of months: Shaktikanta Das
  • Fibre imports from 4 nations including China and Malaysia in anti-dumping duty crosshairs
  • Noida ponzi scam: ED registers PMLA case, conducts raids in UP
  • RBI likely to maintain status quo on Feb 8
  • MFs file papers with Sebi for 12 new offerings so far in 2017
  • Hemmed in by NPAs, poor demand, Exim Bank stares at muted year
  • Compact UVs drive PV sales as demand drops for cars: Ind-Ra