Morning Business News Round Up_July 26, 2019

Morning Business News:

Image result for Patanjali

  • Tata Motors Q1 loss doubles to Rs 3,680 crore
  • 66 lakh new jobs created in May: ESIC payroll data
  • RBI panel for the hike in a collateral free lending
  • PSBs’ gross NPA’s down by over Rs 89K cr till Mar
  • Coal India subsidiaries face Rs 53,331 crore penalties
  • Patanjali gets control of Ruchi Soya for Rs 4,350 cr
  • No plan to revise or withdraw Bhushan bid: Jindal
  • India’s planned maiden $10 bn foreign debt sale mired in confusion
  • Bajaj Finance Q1 net up 43% to Rs 1,195 crore on higher interest income
  • PMO wants FinMin to restudy issuing of overseas sovereign bond: Report
  • FPIs pour in $6.1 bn in Apr-July; equity segment gets a major chunk
  • Govt’s steps to ease NBFC liquidity crisis too short-term: Fitch report
  • GST Council meeting rescheduled for July 27
  • JSW Steel wants ‘sanctity’ in Bhushan Power deal
  • Delhi HC gives relief for companies in anti-profiteering probe
  • NCLAT clears decks for Nagarjuna Oil resolution plan
  • Reliance-Aramco stake sale talks to continue, says Saudi’s Falih
  • Govt introduces a bill to amend companies law in LS
  • Bank of Baroda Q1 net profit rises 34% to₹710 crore
  • TCS overtakes RIL to reclaim the m-cap crown
  • Apple to buy the majority of Intel’s modem chip business for $1 billion
  • Saudi Arabia struggles to end its oil addiction
  • Benefits from digital trade may grow 14-fold to $512 billion by 2030
  • Telecom firms slapped Rs 2.6 crore fine in 3 quarters for call drops
  • NCLT stays its own order to prosecute IL&FS auditors
  • JSW Steel plans to hike domestic capacity to 45 MT by 2030
  • Bharti Infratel-Indus Towers merger may come up into being in August
  • Rupee skids for 4th day; settles 6 paise down against the dollar
  • Gold imports increased 46 percent in June quarter
  • FPI net selling in stocks crosses Rs 15K crore in July
  • Assocham seeks inclusion of petroleum products in GST
  • Cayman Island court refuses worldwide freeze on Essar Global Fund