Morning Business News Round Up_June 11, 2019

Morning Business News :

  • Fed Reserve ‘very, very destructive’ to economy: Trump
  • NPAs falling faster than RBI’s estimate: Crisil
  • BoB tries vertical structure for operational synergies
  • IL&FS may file plea against lenders for 800cr withdrawal
  • Plea to act against Indiabulls for misappropriating 98K cr
  • Wipro rolls out new solutions for aviation sector
  • Trai directs Tata Tele to refund users’ unspent balance
  • Govt moves NCLT for 5-year ban on IL&FS Financial Services auditors
  • No-frills account holders to get cheque books, allowed zero balance
  • BHEL bags three orders worth Rs 520 cr to set up solar plants in Maha, Guj
  • Mutual Fund assets rise to Rs 25.43 trn in May, FMPs outflow continues

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  • Sebi suggests new informant mechanism with rewards to curb insider trading
  • Despite oil price volatility, earnings prospects good for ONGC
  • Centre planning to integrate MSMEs with big enterprises
  • Jaypee Infra insolvency: NBCC’s revised bid may not pass muster with CoC
  • Dr Reddy’s Laboratories announces drug to treat plaque psoriasis
  • Aditya Birla Fashion Retail to acquire two ethnic wear brands
  • The Netherlands woos Indian investors as UK prepares for Brexit
  • Eros group says it is taking action to resolve loan payment delays
  • DHFL pays ₹45 crore as payment on interest and principal amount for NCDs
  • Big data to improve quality of macro-economic aggregates, says government
  • TCS overtakes RIL to become most valued firm by m-cap
  • Govt seeks firms to advise on PSU land, building monetization
  • Reliance to shut crude unit at Jamnagar refinery
  • Jaypore to power Aditya Birla Fashion’s presence in ethnic wear market
  • India among top destinations for London technology companies, says report
  • Rupee pares gains, settles 19 paise lower against US dollar
  • MF assets inch closer to Rs 26 lakh crore mark
  • ITC ropes in Boman Irani for Savlon
  • Hero MotoCorp gets BS-VI certification for Splendor from ICAT