Morning Business News Round Up_May 3, 2018

  • ‘Manipal-led bid for India’s Fortis faces objections’
  • Fed maintains status quo, says inflation close to target
  • Related imagePower Grid board approves investment of Rs 461 crore
  • India, US to boost cooperation in Indo-Pacific region
  • CBI may soon file charge sheet in PNB Scam
  • Govt to pay Rs 1,540 cr to cane growers on mills’ behalf
  • NCLT orders Binani lenders to consider UltraTech bid
  • Over 23,000 bank fraud cases involving Rs 1 trillion in 5 years: RBI
  • Govt approves continuation of merged agri schemes with Rs 332.6 bn outlay
  • 9 cos in fray for 55 blocks under first OALP auction; Vedanta bids for all
  • Amazon makes formal bid to buy 60% stake in Flipkart: Reports
  • IndiGo Q4 profit plunges 73% on higher expenses at Rs 1.18 billion
  • Recognition of bad loans will produce benefits over long-term: Moody’s
  • Revenue dept to look at quarterly GST revenues average for trend analysis
  • 11 farm schemes, with over Rs.33,000-cr outlay, merged
  • Hero MotoCorp Q4 profit jumps 35%
  • NBCC wins Rs.2,000-cr govt order
  • Siemens net up 18% in March quarter
  • HCL poised to replace Wipro as No. 3 IT firm
  • Job losses from tech adoption a risk for nations: ADB
  • Marico Q4 profit rises 7% at Rs183.2 crore
  • Sebi said to probe IndiGo stock fall before company filing: report
  • Vedanta considers building zinc smelter in South Africa
  • Ajanta Pharma Q4 profit down 17% at Rs94 crore
  • Kotak Mahindra Bank, HDFC twins, ITC steer Sensex in green; PSU banks, real estate, metals crack
  • India?s economy likely to grow at 7.3 pct this fiscal:Report
  • Govt approves Rs 5.5 per quintal subsidy for sugarcane farmers
  • Tata Power posts Q4 profit at Rs 1,477 cr, declares 130 pct dividend for FY18
  • Rupee may hit Rs 68-70/$1 by fiscal-end
  • 89% of organisations plan to implement AI technologies in the next 12 months
  • India falls out of top 10 in FDI index
  • Assets of offshore Indian bonds double to $8b in 17
  • EPFO suspends Aadhaar-seeding services amid data leak reports