Morning Business News Round Up_Jan 08, 2019

  • India to grow at 7.2 per cent in 2018-19: Government
  • Bandhan Bank to acquire HDFC-led Gruh Finance
  • Banks’ NPA level on the decline: RBI Governor
  • Resolve issues over dues by Jan 11: SC to RCom, RJio
  • Govt allows ONGC, OIL to induct foreign partner
  • Funds to cut equity allocations in 2019: Blackrock
  • Trade war ‘certainly’ hurting China economy: US official
  • Highway labourer at par with construction worker after new wage norms
  • RBI forms committee to look into issues of MSMEs, functioning of banks
  • After 3-month gap, HPCL, BPCL to import 1 mn barrels of Iranian oil in Feb
  • MF equity assets only 4% of India’s GDP, lags global average of 35%: Report
  • Essar Global Fund completes Rs 42,000 cr final debt tranche
  • Centre eyes $600-m from Round II of OALP bids
  • Corporates set to report lower revenue, profit growth in Q3
  • Direct tax mop-up rises 14.1% to Rs 8.74 lakh cr during April-Dec 2018
  • Lupin gets USFDA nod for generic schizophrenia drug
  • US-based Ecolab sets up global digital centre in Bengaluru
  • IL&FS Transportation defaults on dividend payment of Rs 7.12 cr
  • HDFC is the biggest winner in Bandhan-Gruh Finance merger
  • India takes over operations of part of Chabahar port in Iran
  • KPMG special audit finds Reid & Taylor promoters defrauded firm of ₹3,524 crore
  • Bitcoin pushes past $4,000 as technical gauge turns positive
  • 15 airlines bid for 111 routes in third round of UDAN auction
  • Elon Musk lays foundation of USD 7 billion Tesla plant in China
  • Jet Airways in talks to defer or reduce payments to vendors as lenders push for revival plan by month-end
  • Crude shocker can be rude shocks for economy: RBI economists
  • Amazon emerges as most valuable US firm amid market turmoil
  • Srei, Norway’s ECN in equipment import pact
  • Rs 40,000 cr investment expected in OALP-II bid round
  • To improve revenues, BSNL ties up with Eros for web content
  • OVL acquisitions fail to augment energy security
  • No decision on interim dividend yet: RBI