Morning Business News Round Up_June 6, 2018

beelineadmin
  •   After Air India fiasco, government rethinks IDBI stake sale
  •   Income tax demand is not justified, Cognizant tells HC
  •   Employees of blue-chip companies under Sebi lens for WhatsApp leaks
  •   TRAI rebuts DoT objections to in-flight connectivity
  •   Trade war a ‘lose-lose’ situation: Raghuram Rajan
  •  Related image Patanjali cancels proposed Rs 6,000-crore mega food processing park in Uttar Pradesh
  •   BEML aims to double its defence vertical revenue in FY19
  •   SBI to offload NPAs worth over Rs 13 billion
  •   Bitcoin case: ED grills Raj Kundra in connection with money laundering
  •   PFC looks beyond electricity sector, eyes farm, rail and smart cities
  •   Govt may announce a package of almost Rs 80 bn to bail out sugar sector
  •   Mylan-Biocon combine notch up second biosimilar in the US with pegfilgrastim
  •   Bank loans worth Rs.5-lakh cr turned into NPAs in FY18: Crisil
  •   Services PMI contracts in May; falls to 3-month low
  •   Govt working on comprehensive law for transporting hazardous
  •   HUL to integrate foods and refreshments business wefJuly 1
  •   SEBI doubles ‘Angel Funds’ investment limit in VC firms to Rs.10 cr
  •   Discom losses plunged to ₹17,352 crore in FY18, says power minister
  •   India, China fail to resolve differences on trade tariffs
  •   India plans to build stockpile of 3 million tonnes sugar: Ram Vilas Paswan
  •   Patanjali, Godrej Agrovet in talks to tie up for Ruchi Soya bid
  •   NCLT directs ICICI Bank to reverse Rs48 crore in Ruchi Soya’s current account
  •   Solar power scheme entailing Rs 1.4 lakh cr to be implemented from next month: RK Singh
  •   Trai backs suggestion on partnership with foreign firm for IFC
  •   JV formed to set up India’s first bio-refinery in Assam
  •   Banks’ gross NPA increased to whopping Rs 10.3 lakh crore in FY18, says CRISIL
  •   Gross NPAs cross Rs 10L crore in FY18
  •   225 GW renewable power by 2022 likely
  •   Sebi outlines norms for preferential issue by InvITs
  •   Rs 2,600 crore package unlikely to help leather exports this year
  •   Bharti AXA Life Insurance posts maiden profit in FY18
  •   MFs to reveal on daily basis fees charged on all schemes