Morning Business News Round Up_May 31, 2019

Morning Business News:

  • Railways & roads to get the largest chunk of investment
  • NCLT approves Tata Steel takeover of Bhushan Energy
  • Missing firms in MCA database to have no impact: Govt
  • Ficci survey puts Q4 GDP growth at 6.5 per cent
  • Not in position to release FY19 results: Jet Airways
  • Trai to review interconnection level for networks
  • UK court remands Nirav Modi till June 27
  • RBI constitutes task force on secondary market for corporate loans
  • Growth across geographies keeps analysts positive on Aurobindo Pharma
  • Bharti Airtel reports Q4 net profit of Rs 107 cr; revenues at Rs 20,602 cr

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  • Coal India posts record 362.46% rise in Q4 profit; net revenue jumps 7.53%
  • Tech Mahindra, Cisco collaborate to improve digital network offering
  • Japan, South Korea tighten grip over Indian steel imports
  • Berger Paints Q4 up 4.9 per cent to Rs 111.43 crore
  • By 2050 cement industry looks to reduce carbon footprint by 45%
  • Ramco Systems bags order from Air Caledonie
  • Apollo Hospitals’ fourth quarter net profit grows 29% to ₹76.68 cr
  • Mahindra’s electric vehicle sales rise over 2.5 times in FY19
  • Expect renewed vigour in economy under Modi 2.0: India Inc
  • Lupin’s Goa facility may face regulatory action, says USFDA
  • NALCO Q4 profit drops 9% to ₹234 crore
  • HSBC plans hundreds of investment bank job cuts in cost push
  • Jalan panel to hold next meeting on June 13 to finalise RBI capital reserves
  • IDBI Bank narrows Q4 net loss to ₹4,918 cr on lower bad loan provisions
  • Sundaram Finance Q4 net Rs 675 Cr; to raise Rs 11,000 Crore
  • Huawei gets relief from two tech groups after US trade snub
  • Tata Power arm TPREL to develop 100-MW solar power project in Gujarat
  • SEA seeks bulk export of rapeseed oil, mustard oil
  • DPIIT proposes national retail policy as part of its 100-day action plan
  • Rupee rises 12 paise to 69.71 vs USD in early trade
  • Investment in participatory notes rises to Rs 81,220 cr till April end
  • US economy accelerates in Q1