Morning Business News Round Up_July 04, 2019

Morning Business News:

  • India’s trade deficit widened with 25 nations in 3 yrs
  • Cabinet approves award of 3 out of 6 airports to Adani
  • Indian cos supplying to Huawei may face US sanctions
  • Cabinet approves Code on Wages bill
  • BSNL FY19 loss at over Rs 14,000 crore: Govt
  • Icra cuts McLeod Russel’s rating to ‘default’ grade
  • RBI to regulate housing finance firms, review assets
  • Larsen and Toubro receives promoter’s tag in Mindtree with 60% stake
  • CLP inks deal to buy 3 power assets from Kalpataru for Rs 3,275 cr
  • Multiple triggers could boost Axis Bank’s return ratios, say analysts
  • NCLAT reserves order on contempt plea filed against Reliance Infratel
  • Indiabulls Fin to buyback NCDs, masala bonds worth Rs 2,705 cr in Sept
  • Eris Lifesciences board approves buyback plan of up to Rs 100 cr
  • Oil India to exit Russian oil block
  • USFDA issues warning letter to Aurobindo Pharma
  • Vedanta to spend $245 m to explore 10 OALP blocks
  • Lupin gets USFDA nod for Cinacalcet tablets and intraocular solution
  • Blackstone buys stake in L&T Business Park for around ₹700 crore

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  • RBI forms working group to review regulatory framework for core investment cos
  • Drug regulator warns of hacking risk in Medtronic insulin pumps
  • India urges Russia to consider energy consuming nations’ interest
  • Service providers may now opt for GST composition scheme till July 31
  • Jet suppliers go on merger spree trying to keep up with Boeing and Airbus output
  • RBI forms working group to review regulatory framework for core investment companies
  • Rupee edges 6 paise higher at 68.89 against US dollar
  • Sensex, Nifty end marginally higher
  • Govt neither divesting nor privatising ONGC: Pradhan
  • MSP of kharif crops raised