Morning Business News Round Up_May 23, 2019

Morning Business News:  

  • FinMin starts meeting with industry bodies for budget
  • Over 80% Indian firms plan divestment in next 2 yrs: EY
  • BoB reports surprise Q4 loss of Rs 991 crore
  • British Steel collapses, costing thousands of jobs
  • Joint bid for Jet innovative but complicated: Experts
  • Jaypee Infratech lenders start negotiations on NBCC’s bid as per NCLAT order
  • Government plans Rs 1,000-crore fund for startups in priority areas
  • M&A deals in April see 96 % decline to $735 million: Report
  • India’s economic growth set to gain pace despite US-China trade conflict

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  • I-T dept set to bring changes in tax audit report for charitable trusts
  • IL&FS crisis may lead to consolidation in NBFC sector: Fitch Ratings
  • Sebi floats discussion paper to plug gaps in buyback regulations
  • Govt to sell 100% stake in Kamarajar Port to Chennai Port for over Rs 4k cr
  • NSE co-location scam: CBI to go after the high and mighty
  • Bajaj Electricals Q4 net jumps two fold to Rs 28.54 cr
  • NMDC iron ore output jumps 20% to 2.90 MT
  • DLF’s Q4 net profit surges to ₹435 crore
  • JSPL reports ₹1,154-cr Q4 loss
  • SAT stays SEBI disgorgement order against NSE
  • Ramco Cements’ Q4 net rises 51% on better prices
  • Sebi, bourses step up surveillance measures for markets on election results day
  • JK Lakshmi Cement Q4 net up 27.8% to₹43.25 crore
  • Snapdeal may acquire ShopClues at a likely valuation of $250 million
  • Sterlite expects to re-open Tuticorin plant in next few months
  • SEBI approves Emami Cement IPO, may hit market in 6 months
  • India favours rule-based, transparent trading system, says Sushma Swaraj
  • China ready for further US trade talks, ambassador Cui Tiankai says
  • Japan exports fall again as Donald Trump’s trade policy threatens economic outlook
  • Real estate firms in a tough spot after Maharashtra AAR ruling
  • Punjab National Bank may take OBC, Andhra, Allahabad bank in fold
  • India, Japan to sign up for Colombo terminal
  • Air India to start new domestic and international flights from next month
  • CCI probe finds Monsanto abused dominant position: sources