Morning Business News Round Up_July 26, 2018

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  •  Govt moves HC to get $3.8 bn from RIL, Shell, ONGC
  •  BRICS economies meet as US trade war looms
  •  Trump accuses China of using ‘vicious’ trade tactics
  •  EU threatens US with USD 20 billion tit-for-tat tariffs
  •  Tax havens account for highest increase in FDI inflows
  •  59 infra projects report cost overrun of Rs 1.36L cr
  •  About half of land notified for SEZs are lying vacant
  •  AMC in the works to help PSUs offload non-core assets
  •  NCLT rejects Jyoti Structures’ resolution plan, orders liquidation
  •  ED gets power to impound fleeing economic offenders’ property
  •  NCLAT junks cement-makers’ plea against CCI’s Rs 67-bn cartelisation fine
  •  Canara Bank Q1 net profit up 12% at Rs 2.81 bn; bad loan decline marginally
  •  Suzlon Energy aims to reduce 40 per cent of Rs 60 billion debt by FY18
  •  TPG acquires a minority stake in pharma firm Sai Life Sciences
  •  Exports likely to touch $350 bn in current fiscal: Suresh Prabhu
  •  India to hold top spot for economic growth but oil poses risk
  •  Maruti to recall 1,279 units of new Swift, Dzire for possible fault in air-bag controllers
  •  Honeywell to help IndianOil meet BS VI specifications
  • Image result for sun pharma Sun Pharma launches generic Glumetza tablets in US
  •  BHEL net profit nearly doubles to Rs 156 cr
  •  Recapitalisation of 5 public sector banks credit positive: Moody’s
  •  SBI sees 50% recovery from RBI’s first NPA list
  •  Hero MotoCorp Q1 profit misses estimates
  •  HDFC AMC IPO off to strong start, oversubscribed on Day 1
  •  Lenders may drag four power producers to NCLT
  •  L&T Q1 profit beats estimates on strong infrastructure business
  •  One more NPA account resolved in just 5 days; bankrupt Amtek Auto goes to Liberty House
  •  Bharti Infratel-Indus Tower merger gets SEBI nod, NCLT approval needed next
  •  RBI has enough powers to regulate PSU banks, says govt
  •  Housing sales, new launches highest since demonetisation in first half of 2018
  •  NSE to extend derivatives trading till mid-night
  •  Setback to Marans as HC sets aside order in illegal exchange case
  •  IndiGo grounds 5 A320 Neo planes due to P&W engine snag
  •  Centre nudges power plants to go for coal imports
  •  House panel suggets strong norms for exemption to PF trusts