Morning Business News Round Up_Mar 01, 2019

Morning Business News :

  • Core sector growth slows down to 1.8% in January
  • Airtel gets board approval to raise Rs 32,000 crore
  • India to see lower productivity, weak demand: D&B
  • Govt keen on amalgamation of PSBs: Arun Jaitley
  • NCLAT orders resolution on Essar Steel bid by March 8
  • Sebi wants govt rethink on RBI representation on its board
  • NSE to introduce Brent Crude Oil futures contract on Mar 1
  • DBS to convert its India operations into wholly-owned subsidiary from Mar 1
  • 2018 best year for M&As as deal values rise 126% to $80 bn
  • Sodexo to increase focus on small and medium enterprises in India

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  • International Finance Corp to invest $165 mn in Bajaj Finance, Dodla Dairy
  • Infosys says Kiran Mazumdar-Shaw sold 1,600 shares without pre-clearance
  • Naresh Goyal agrees to step down as chairman of Jet Airways
  • Iran buys Indian sugar to ease its oil-money headache
  • LG India aims for 30% growth in commercial ACs this year
  • NIIF, CDC & Eversource Capital to invest $330 mn in Ayana
  • Lupin launches chronic angina treatment drug in the US
  • Future Group to bring 7-Eleven stores to India
  • Cabinet clears ₹10,000 crore FAME II scheme
  • RBI constitutes task force under Usha Thorat on offshore rupee markets
  • REC board approves borrowing limit hike,₹11 per share interim dividend
  • J&J allowed to resume baby talc production
  • Fraud-hit PNB ranks highest in implementation of ‘reforms agenda’ in 2018: Study
  • SBICap Ventures’ Neev Fund to invest $5 million in renewable energy firm Prespl
  • Essar Steel case: NCLT rejects plea from 8 operational creditors
  • From $6 billion to $1.8 billion: Govt revises down FDI inflows into chemicals drastically
  • Rupee recoups 52 paise to end at 70.72 per dollar
  • Kotak ties up with ADIA for USD 600 mn distressed assets fund
  • Increasing exports can lead to better jobs, higher wages in India: World Bank report
  • L&T Finance to raise up to Rs 1,500 cr via NCDs