Morning Business News Round Up_May 21, 2018

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  •   Ultra Tech to acquire Century Textiles’ cement business
  •   Sebi to consider penal action against PNB, Gitanjali
  •   US, China putting trade war on hold: Mnuchin
  •   Independent director quits Fortis board
  •   Jaiprakash Associates to appeal against NCLT order
  •  Related image Petrol, diesel prices hit new lifetime highs
  •   Adani set to make big-ticket entry into e-bus production, eyes tie-up with Taiwan firm
  •   Problem in bond market is root cause of banking sector crisis: CAG
  •   Talks with Putin will strengthen India’s strategic plan with Russia: Modi
  •   Govt expects banks to get back over Rs 1 trn with resolution of 12 big NPAs
  •   Wilful defaults by PNB’s big borrowers slip further to Rs 152 bn by Apr-end
  •   Growth road map clear for Ashok Ley as Q4 profit rises 40%
  •   L&T to make rocket engines at its Coimbatore facility
  •   Climate change cutting of 1.5% of GDP, says Vice-President
  •   Navy gets fuel barge from Titagarh ahead of time
  •   HCC venture set to bag part of Mumbai coastal road project
  •   Tariff battle: India may target US apples, almonds and bikes
  •   China’s Mobike to foray into India in next few weeks
  •   Balrampur Chini posts Rs 42 cr loss in Q4
  •   MTNL may be allocated 4G spectrum: Telecom minister
  •   RIL gets green nod for expansion of petrochemical complex in Maharashtra
  •   Govt may allow data resale in boost to public WiFi plan
  •   Tata Steel-Bhushan Steel deal a sound start to the new bankruptcy framework
  •   Biocon bets on R&D, biosimilars business to boost growth in FY19
  •   Steel, aluminium duties row: India plans to hit back with hike on 20 US products
  •   Walmart, Flipkart deal signals churn in e-grocery
  •   BoI to get Rs 1993 cr from Tata Steel-Bhushan Steel deal
  •   DoT seeks reply from Airtel on Apple Watch eSIM service by May 24
  •   India sixth richest nation with $8,230 billion wealth
  •   GST council asks Centre, states to set up appellate authorities
  •   FinMin begins work on merging insurers, but listing unlikely this FY
  •   Natural rubber prices set to go northward
  •   New and innovative products to conquer F&B sector