Morning Business News Round Up_May 15, 2019

Morning Business News:  

  • NPA recoveries via IBC in 18-19 at Rs 70,000 cr: Crisil
  • Govt committed to strategic disinvestment of AI: Sinha
  • Jet sinks deep, resolution faces many challenges
  • US puts Chinese, Pakistani companies on entity list
  • Vodafone’s annual loss at 7.6 billion euros
  • India postpones retaliatory tariffs on US products
  • Voda-Idea board OKs merger of 2 units for efficiency
  • RBI needs to go for larger rate cut in June monetary policy: SBI report
  • Monsoon to arrive late on June 4, 15% chance of drought, says Skymet

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  • Indian industry fears dumping of Chinese steel, seeks govt protection
  • At $26.3 bn, PE investment in India in 2018 was second-highest in a decade
  • NCLAT refuses to stay Jaypee Infratech creditors’ voting on NBCC plan
  • Mahindra Logistics eyes acquisitions in SE Asia to strengthen freight wing
  • Demonetisation: I-T Dept probinggains made in agriculture
  • WPI inflation slips to 3.07% in April, food prices still high
  • MCX crude options register turnover of ₹716 crore
  • NMDC to invest $1 billion on infrastructure, says official
  • Rothschild withdraws from advising Adani on Australia project
  • Nestle India Q1 profit up 9.25%
  • Citigroup looks to vastly expand India reach with Paytm tie-up
  • Sebi told Fortis Healthcare Ltd to recover₹403 crore from Singh brothers
  • Union Bank of India posts ₹3,369-cr loss as RBI finds divergence in bad loans
  • InnoVen Capital raises $200 million from Temasek, United Overseas Bank
  • UCO Bank posts net loss of ₹1,552 crore in March quarter
  • Monsanto ordered to pay $2 billion in weed killer cancer case
  • IndiGo wins big, gets 38 of Jet Airways’ 118 plum Delhi slots
  • Jaypee Infratech creditors decide to put on vote NBCC’s revised bid
  • Trade tussle: India voices concern over ‘existential’ threat to WTO
  • Rupee recovers 7 paise along with stocks, ends at 70.44 vs USD
  • L&T acquires 1,168 shares of Mindtree
  • GST details not needed in tax audit till Financial Year 2020
  • Outlook gloomy for auto, brightening for property: Survey
  • SME listings nearing 500-mark