Morning Business News Round Up_Feb 20,2017

Morning Business News :

  • 31 out of 34 oil & gas field auctioned sold
  • Tax benefit of Rs 2.4 lakh to first-time home buyers
  • ARCs may get a push as bad bank put on hold
  • Tata Steel’s UK unions approve new turnaround plan
  • Exports rise for fifth month in a row, up 4.3% in January
  • USFDA warns Resonance Labs of mfg violations
  • Bankers seek dispensation to recast of bad loans
  • Trade deficit narrows to $9.8 bn in January
  • Cabinet clears merger of 5 associate banks with SBI
  • 39% comply with I-T’s online verification
  • Record wheat, foodgrain output likely in 2016-17
  • I-T Dept to scrutinise tax relief claims by sick companies
  • Novelis to lay off employees in Korea, US to curtail costs
  • Piramal lends Rs 2K cr under lease rental discounting scheme
  • SBI plans Korea-Nepal, Korea-India remittance corridors
  • India, Croatia ink pact to boost economic ties
  • Cash-backs won’t get you customer loyalty
  • Claris Lifesciences net jumps 233%
  • BookMyShow acquires 75 per cent stake in Townscript

Related image

  • SoftBank to buy Fortress Investment for $3.3 billion
  • Nestle India profit down 9% in fourth quarter
  • Govt to list all profit making PSUs in 2-3 years
  • Paytm claims Rs5,000 crore worth transactions in January
  • Tata Motors shares fall 10.3%, biggest decline in five years
  • Sun Pharma’s Q3 results leave investors underwhelmed
  • BlackBerry files patent infringement suit against Nokia
  • Vodafone-Idea merger: BofA, UBS, StanChart vying for $40 mn advisory fee
  • Tata Steel unveils UK’s biggest robotic welding line
  • DLF promoters in last leg of talks for Rs 12-14k crore sale deal
  • Govt taps newcomers to unlock $7 billion oil and gas assets
  • Oil slips further below $56 on report of US inventory jump
  • Foodgrain output may touch record 272 mt this year
  • BSE Q3 net profit drops 17% to Rs 64-cr
  • Centre whittles down wheat purchase target
  • Nasscom defers annual growth forecast to May