Morning Business News :
- RBI scraps LoUs, the tool that set off India’s biggest banking scam
- Raghuram Rajan defends 80:20 gold scheme
- Tata Sons sells shares worth nearly Rs 9,000 cr in TCS
- Bhushan Steel’s insolvency resolution put on hold
- SBI closes 41L SB accounts for not keeping min balance
- Nirav case: Total fraud amount rises to Rs 13,600 cr
- Showcause notices issued to telcos on call drops: TRAI
- SC extends deadline for linking Aadhaar to phones, bank accounts
- States issued Rs 283.98 bn as GST compensation till Dec: Arun Jaitley
- PNB discloses Rs 9.42 bn additional exposure in Nirav Modi, Choksi fraud
- Govt to sell 10% stake in HAL through Rs 42.30 billion IPO
- BPCL to participate in insolvency process for Nagarjuna Oil corp
- Banks agree to govt terms for Rs 800-billion recapitalisation bonds
- MCX set to launch world’s first brass futures contract
- Near-term correction likely in NCDEX refined soya oil
- July-Dec 2017 saw surge in MSMEs seeking credit for first time
- Suzlon installs India’s largest wind turbine generator
- Zydus Cadila gets USFDA nod for Tizanidine tablets
- HDFC to pare over 4% stake in AMC arm through IPO
- Gail India buys 2 LNG cargoes for April delivery-traders
- HDFC Bank blocks all its cards to buy, trade cryptocurrencies
- RCom says to appeal NCLT order against Reliance Infratel asset sale
- Bharat Dynamics IPO sees 32% subscription on Day 1
- Over 9,000 cases under consideration of NCLT, including over 2500 cases of insolvency, says government
- India to become collateral damage in Trump’s trade war on steel, aluminium
- IBC: Government says no reduction in resolution plan submissions post Ordinance
- China accounts for 66 pct of India’s bulk drug imports in FY’17
- Karnataka allots 43 acres to Wistron for Apple’s iPhone unit
- SBI retains minimum balance limit, but cuts penalty charges by 75%
- Eicher ends Polaris JV, Multix dumped
- Suzlon to set up 36 wind units for Maharashtra utility
- Small cars have higher insurance loss ratio than SUVs