Morning Business News Round Up_July 11, 2018

  •  RBI sells a record $12 billion to salvage the rupee
  •  I&B Min seeks data on job creation from 10 ministries
  •  TCS profit grows 23% to Rs 7,340 crore in Q1
  •  India maintains position as top IT exporter
  •  MPC to continue with 3-day format for policy meet
  •  Patanjali not to back out from race to buy Ruchi Soya
  •  Vedanta to bid for coal mines in India: Anil Agarwal
  •  Easiest to do business in AP, Telangana and Haryana; Delhi scored very low
  •  Image result for indusind bankIndusInd Bank Q1 up by 24% at Rs 10.36 billion, asset quality falls
  •  Maruti gains market share to 53.54% in Q1; Tata Motors pips Honda Cars
  •  Reliance-BP JV seeks licence to retail gas in 15 cities, IGL bids for 13
  •  China hikes anti-dumping duties on US optical fibre seven fold to 33.3%
  •  Steel Ministry fears US tariff on imports will result in cross dumping
  •  JSW Steel revamps acquisition strategy after recent setbacks
  •  Maruti Suzuki retains top spot, gains market share in Q1
  •  15 firms commit to cut salt, sugar and fat in their products
  •  India, South Korea set target of increasing trade to $ 50 bn by 2030
  •  NCLAT defers Binani Cement insolvency case hearing
  •  Passenger vehicle sales rise 38% in June; car sales up 34%
  •  PNB, Carlyle Group to offload 51% stake in PNB Housing Finance
  •  LIC unions oppose acquisition of IDBI Bank by insurer
  •  Tata Motors acquires 26% stake in freight start-up TruckEasy
  •  Airtel to launch pre-5G Massive MIMO technology in key Kolkata hubs
  •  India imposes anti-dumping duty on Chinese polyester yarn
  •  Tata Motors to launch 12 new models: Will invest Rs 12,000 crore over next three years in India
  •  Cement firms’ operating margin under pressure
  •  Govt dividing retail trade with new e-commerce policy: RAI
  •  Jio Institute’s Institution of Eminence tag conditional: Govt
  •  Natural gas may come under GST earlier than expected