Morning Business News Round Up_July 02, 2019

Morning Business News:

  • Eight core sectors grow by 5.1 pc in May
  • ‘Growth in housing prices moderated to 3.6 pc in Q4’
  • JSW Energy terminates Rs 6.5K deal to buy JSPL’s plant
  • Service tax arrears rise to Rs 1.66 lakh crore: CAG
  • GST collection dips below Rs one lakh crore in June
  • CPPIB-led InvIT to acquire Sadbhav Infra’s road assets
  • Over 6.8 lakh Indian companies shut so far: Govt
  • Regulatory assets provision to be removed in next power tariff policy
  • Govt considering more powers for RBI to regulate shadow banking sector
  • Policy to monetise fibre network of crisis-hit BSNL on the cards
  • Govt working on new credit scheme for MSMEs to encourage job creation
  • Govt flags concern over concentration, lack of competition in auditing

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  • SBI to raise $1 bn in perpetual debt to boost capital ratio, bolster loans
  • Reliance Infra to lease out headquarters in Mumbai to reduce debt
  • Torrent Power seeks shareholder nod to raise ₹1,500 cr via NCDs
  • Maruti Suzuki reports 17% drop June sales
  • Liberty Steel acquires ArcelorMittal assets in Europe for € 740 million
  • NCDEX ups IPF compensation limit to ₹2.5 lakh
  • Alembic Pharma gets USFDA nod for seizure treatment drug
  • HCL Technologies announces close of acquisition of select IBM products
  • Hyundai Motor India sales down 3.2% in June at 58,807 units
  • Unclaimed bank deposits rise by 27% to₹14,578 crore in 2018
  • Tata Motors total sales down 14% at 49,073 units in June
  • Mahindra sales fall 6% to 42,547 units in June
  • Ashok Leyland sales down 19% at 12,810 units in June
  • Telcos to roll out blockchain-powered anti-spamming feature in a month: TRAI chief
  • Modi sets up a high-powered committee of CMs for agricultural reform
  • Govt considering giving more powers to RBI to regulate NBFCs: Nirmala Sitharaman
  • Vijay Mallya to appeal against extradition order in UK High Court
  • Airtel completes merger of Tata Teleservices’ consumer mobile business
  • Jewellery industry to meet bankers over liquidity crunch
  • Commerce ministry seeks stakeholder comments for next foreign trade policy
  • Sensex soars 292 points on easing trade war concerns
  • Steel enters bear zone on liquidity