Morning Business News Round Up_June 11, 2018

  • RBI seeks fortnightly update on payments data storage
  • Total net loss of PSBs topped Rs 87K cr in FY18
  • Power woes: Goyal to hold high-level meet today
  • India to soon start making lithium-ion batteries
  • PNB expects Rs 8,000 cr recovery from NPAs this month
  • CCI may suggest changes in Walmart-Flipkart deal
  • GDP growth at sobering 6.7 per cent: Chidambaram
  • Image result for sbiSBI to auction 12 NPA accounts on June 25 to recover dues of over Rs 13 bn
  • Violence cost India’s GDP over $1 trn in 2017; $595 per person: IEP report
  • ICICI Bank, Kochhar under lens in US, Indian agencies may seek foreign help
  • Iron ore accumulates at Karnataka mines as steel cos opt for imported ore
  • GVK Group may file DHRP with SEBI for its airport vertical IPO next month
  • Currency with public hits record high post demonetisation
  • Diversified shareholders mechanism could be an option for Air India sale
  • NBFC must implement Ind AS from April 1: Govt
  • 6 of top 10 most valued firms add Rs 60,208 cr in m-cap
  • Arbitration award in Reliance-ONGC gas row next month
  • RITES to buy 25% stake in IRSDC for ₹250 crore
  • Tata Motors open to stake sale in finance arm TMFL, aims Rs50,000 crore AUM by 2020
  • Govt weighs various options to bring down its stake in IDBI Bank
  • NCLT gives 90 more days for Ruchi Soya insolvency resolution
  • Companies under insolvency process to face additional surveillance from 11 June
  • Insolvency & bankruptcy: Focus on resolution and not liquidation, says IBBI chief MS Sahoo
  • Number of air passengers has gone up to more than 10 cr: Jayant Sinha
  • NTPC to acquire power plants of Jaiprakash Power and Jindal India
  • Industry expects close to 8% GDP growth over next two years: CII
  • India mulls new group in WTO to work on future plans
  • Listed companies may see recovery, clock 17-18% growth in FY19
  • BSNL to borrow Rs 4,300 cr in FY19
  • High demand, low stocks to keep Mustard prices firm
  • Optimism on job scenario fades, shows RBI survey