Morning Business News :
- Govt power companies may not import coal in FY18
- Forecasters differ over El Niño probability
- SoftBank records $1.4 bn loss from India investments
- Videocon D2H, Dish TV merger gets CCI nod
- BS-III discounts trim Hero MotoCorp profit by 14%
- Rosneft to complete purchase of Essar Oil by June
- Star Health Insurance finalise bankers for exit plans
- Viability cloud over solar power as price hits new low
- PE investors cautious on real estate with new law
- RBI net buys $3.53 billion from spot market in March
- IndAS switch to impact banks’ earnings, return on equity
- Novelis sells 50% stakes of Ulsan facility to Japan’s Kobe Steel at $315 mn
- Claris Lifesciences might exit pharma biz altogether, enter FMCG space
- India set to get higher monsoon rains than forecast: IMD
- Petronet Q4 profit nearly doubles to Rs. 471 cr; board okays 50% dividend
- Apex court directs Home Ministry to ensure Mallya’s presence on July 10
- Global Cloud Xchange forms tie-up with Swiss-based Safe Host
- DLF Cybercity to invest Rs. 500 Cr for phase III expansion
- RBI’s prompt corrective action looms over 17 Indian banks, says Moody’s
- Kotak Mahindra Bank to launch $867 million share sale as early as this week: IFR
- Renault Duster fails Global NCAP crash tests
- Zee Entertainment Q4 profit jumps six times to Rs1,514 crore
- Cargo traffic at 12 major ports up 6% in April
- Markets close at record highs; Nifty tops 9400, Sensex above 30200 on monsoon hopes, FII buying
- India to import LPG from Iran to meet rising demand
- Patanjali eyes Rs 1 lakh-crore turnover in next 5 years
- Credit growth plunges to even lower than FY17 level to 4.3%
- Snapdeal-Flipkart merger likely today as Nexus almost on board
- LGBT to get due representation at Tata Steel
- PSBs, SUUTI to be part of CPSE exchange traded fund II
- Sharing DeMo details will hit economy: RBI
- Novelis sells 50% in Ulsan Aluminium to Kobe Steel to float Korean JV