Morning Business News Round Up_May 16, 2018

  •   India’s April trade deficit widens to $13.7 billion
  •   Niti Aayog governing council to discuss ‘New India 2022’
  •   Gold imports decline 33%, exports rise 5.2% in April
  •   Request from Indian govt highest after the US: Facebook
  •   NCLT admits Ericsson’s bankruptcy plea against RCom
  •   Aditya Birla Capital’s 2 cos apply to NCLT for merger
  •   Crude oil nears $80 a barrel on Iran sanctions
  •   Bonds, rupee lose big as RBI decides to stay clear
  •   Fraud-hit PNB posts biggest ever quarterly loss of Rs 134.17 billion in Q4
  •   Lupin Q4 net loss at Rs 7.83 bn due to one time write-off
  •   Related imageVodafone India’s FY18 operating profit at Rs 98 bn, data traffic up 4 times
  •   Two independent directors quit IDBI days after FIR in Aircel loan case
  •   Uzbekistan keen to collaborate with Indian textiles, IT firms
  •   Nalco sets revenue from operations target at Rs 9,350 cr
  •   Soaking seeds in selenium reduces arsenic content in rice
  •   Suven Life Q4 net up 56% at Rs 62.5 cr
  •   Resistance caps the upside in MCX Zinc
  •   Monsanto India Q4 profit up 66%
  •   Despite Brexit uncertainties, India-UK trade up 15%
  •   RBI imposes penalty on Cooperative bank
  •   Britannia Industries Q4 profit rises 25% to Rs263 crore
  •   Blackstone unit sells 8% stake in Mphasis for about Rs1,440 crore
  •   Ascendas to buy two office buildings in Navi Mumbai for Rs930 crore
  •   First oil cargo for India’s strategic reserve in Mangaluru sails from UAE
  •   Motorcycle sales outpace scooters’ for third straight month
  •   Forbes honours 100 Gulf-based Indian businessmen; their collective net worth is whopping $26.4 billion
  •   RBI may hike interest rate in next monetary policy meet as inflation rears its ‘ugly’ head
  •   Pay Rs 5 cr more to refund home buyers: SC tells Supertech
  •   India 3rd largest solar market in world behind China and US, says Mercom report
  •   NCLT okays Tata Steel bid for Bhushan Steel
  •    Arcelor parks `7Kcr with SBI for Galva
  •   Google asked to pay tax on advt revenue sent to parent firm
  •   India 3rd largest solar market
  •   Four companies added to MSCI Global Index