Morning Business News Round Up_Mar 20, 2019

Morning Business News:

  • Economists raise concerns over slowdown with RBI chief
  • RBI seeks modification of NCLAT order in ILFS case
  • Lenders may invoke Goyal’s 51% stake in Jet
  • SBI inks pact with Bank of China for biz opportunities
  • BofA buys its biggest distressed asset in India
  • Sebi asks Singh brothers not to dispose assets
  • LTI-Mindtree combined entity to overtake TechM in two major verticals
  • Trade deficit touches $165 billion, highest since FY13
  • GST Council approves transition plan for new tax rates for real estate

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  • State-owned oil companies move poll panel to allot 31,800 new fuel outlets
  • Rs 2,000 cr of unclaimed dividends lying with investor protection authority
  • BSNL seeks to rent its land to other state-owned units instead of selling
  • Etihad may exit Jet Airways by selling 24% stake to SBI
  • Zydus Cadila gets USFDA nod for antiviral ointment
  • Ebix commences due diligence to acquire Yatra
  • DGCA clears Jet Airway’s schedule with 41 aircraft
  • TCG Lifesciences receives USFDA nod for Hyderabad plant
  • India’s fuel demand rises 3.8% in Feb
  • Jaitley slams 108 economists for doubting Govt’s economic data
  • CPSE ETF receives bids worth ₹6,072 cr from anchor investors
  • IOC pays 2nd interim dividend; ONGC to consider on 23 March
  • Pine Labs acquires Qwikcilver for $110 million
  • DLF-Hines JV to develop ₹1,900 crore Gurugram commercial project
  • Aluminium hits 3-month high after Hydro cyber attack
  • IDBI Bank to borrow up to Rs 4,000 crore via bonds next fiscal year
  • India becomes top importer of Gold Doré Bars from Bolivia
  • India’s bad loans worst in world, surpass Italy in dubious record; see map
  • No input tax credit for post-supply discounts: AAR
  • Sensex jumps 268 pts; Nifty above 11,500
  • Sale deal in final stage of completion: Star Health
  • PowerGrid says it fully utilised JPY 22 billion loan from SMBC
  • Kotak Mahindra group sets up USD 400 mn fund to build office properties