Morning Business News Round Up_July 09, 2019

Morning Business News:

  • Tata settles $7.3 bn dues to complete mobile biz sale
  • Govt infused over Rs 3.15 lakh crore into PSBs
  • Airbnb had a direct economic impact of $150 mn in 2018

Image result for airbnb

  • Sterling & Wilson gets nod for Rs 4,500 cr IPO
  • Public shareholding rule to bring additional Rs 57,000 crore to Tata Sons
  • Sensex tanks 793 points; Nifty holds 11,550; India VIX up 7%
  • Mindtree dips 10% on resignation of 3 co-founders as L&T takes control
  • RIL ties up with Turkish co to make eco-friendly fabrics
  • IndiGrid completes acquisition of two power transmissions assets from Sterlite Power
  • Maruti shares tank over five percent; other auto scrips too fall
  • OMCs may save ₹500 crore a year on withdrawal of merchant discount rate
  • British Airways faces $229 million fine over data breach
  • IOC, GAIL pact to take a stake in Adani’s Dhamra LNG project expires, no investment made: Dharmendra Pradhan
  • India may raise Rs 68,000 crore selling bonds overseas this year
  • Govt infused over Rs 3.15 lakh crore into PSBs between FY09 and FY19
  • PNB shares drop over 11 percent after BPSL fraud case
  • Rupee slips 16 paise to 68.58 against US dollar