Morning Business News Round Up_May 22,2017

Morning Business News :

  • SoftBank’s Vision Fund raises $93 bn in its first close
  • Small e-comm vendors will have to pay GST upfront
  • EPFO to take call on raising ETF investment to 15%
  • Govt initiates work on shifting financial year
  • India doesn’t have a lot to lose by boycotting OBOR
  • LIC investment income at Rs 1,80,117 crore in 2016-17
  • Oil firms may take a Rs 25,000 crore hit from GST
  • Turnaround stories bump up corporate profits
  • CPI inflation may come down by 2% by year-end: Adhia
  • Bajaj Auto in recovery mode in FY18 after note ban; BS-III ban hit sales
  • UP sugarcane arrears at Rs 3,500 cr, 90% owed by private mills
  • Zuari Agro Chemicals approves Rs 1,300 cr to revamp ammonia-urea plants
  • BPCL to lay 20-inch insulated pipeline to boost capacity in Kochi refinery
  • GST to cut inflation by 2%, create buoyancy in economy: Adhia

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  • Govt initiates work on shifting financial year to Jan-Dec
  • FPIs stay bullish on India, pump in $2 billion in May
  • Natco Pharma gets green nod for Rs. 480-cr expansion project
  • ‘Indian govt working with stakeholders to devise new rules for clinical trials’
  • Countries acting alone pose main risk to trade system, says WTO
  • Oil ministry may block PSUs buying GDF International’s 10% stake in Petronet LNG
  • BSE to shift 17 firms to restricted trading segment for non-compliance of listing rules
  • Motherson Sumi lines up Rs2,000 crore capex for FY18
  • Corporation Bank Q4 profit at Rs159.98 crore on lower provisions
  • India to have science infrastructure sharing policy soon
  • India’s economy to improve, cost of funds may rise: Report
  • FPIs stay bullish on India, pump in $2 billion in May
  • Consumer durables firms anticipate July-August sales dip on GST
  • LIC’s equity play pays off in spades
  • Richemont buys duty-free stake in Dufry AG amid AI talk
  • Banks and borrowers to settle NPAs, hints Lavasa
  • Falling oil prices gave no relief to consumers
  • Exporters to get tax refund under GST within 7 days: Nirmala