Morning Business News Round Up_June 26, 2019

Morning Business News:

  • DHFL defaults again on commercial papers repayment
  • Borrowing cost of NBFCs rises despite RBI rate cuts
  • Improved infra may boost exports to $1tn in 3 yrs’
  • Rupee circulation rises 22% over pre-note ban level
  • DoT asks BSNL to put all capex on hold, stop tenders
  • Centre plans new RERA online platform for all states
  • AbbVie to buy Botox-maker Allergan in $63b deal
  • Bank NPAs likely to drop to 8% by March 2020, says CRISIL report
  • Govt likely to release draft national retail policy in 10 days: CAIT

Image result for India Mart

  • Govt plans common platform for RERA of all states, UTs; move to help buyers
  • Govt plans to appoint another joint secretary-rank bureaucrat to Sebi board
  • India’s rural mobile phone base slips further, shows Trai report
  • Reliance Industries raises $1.85 billion
  • PM pitches for corporate investment in agriculture
  • India needs to scale up airport infra: Virgin Atlantic
  • Lupin gets employees to take ‘ownership’ of quality at its manufacturing plants
  • Piramal Enterprises, TPG eyeing exit, says Shriram Capital
  • Alembic Pharma gets USFDA nod for influenza infection capsules
  • Red Corner Notice issued against 25 economic offenders, says Nirmala Sitharaman
  • Govt warns foreign e-commerce firms over steep discounts: Report
  • IndiaMART IPO fully subscribed on 2nd day of bidding
  • Godrej Properties launches QIP to raise ₹2,100 crore
  • India plans to set up 500GW of renewable energy capacity by 2030
  • India is cheapest solar energy producer; beats China, UK, US among others
  • Govt likely to use Rs 3 lakh crore RBI windfall to pay regular bills
  • Housing finance companies asked to raise capital adequacy to 15 %
  • L&T acquires controlling stake in Mindtree, reveals report
  • Govt, RBI closely monitoring rupee exchange rate: Sitharaman
  • Rupee pares gains, settles flat at 69.36 a US dollar
  • Export-led growth very critical for good jobs in India: Arvind Panagariya
  • Sensex gains 312 points; energy, auto, banking stocks rally