Morning Business News Round Up_May 8, 2018

  • US move may spiral into trade war, India tells WTO
  • SBI threatens to pull the plug on insolvent firms
  • ICICI Bank Q4 net halves, provisions more than double
  • Govt mulls time limit for withdrawal of cases under IBC
  • Binani CoC likely to discuss UltraTech bid on May 9
  • Trai issued 26 orders for fines on pesky calls in 2017
  • Latest bid for India’s Fortis more risky: Manipal CEO
  • Related imageCognizant guides for $4-4.04 billion Q2 revenues
  • Insolvency: Promoters submit Rs 10 bn revival plan for Jaypee Infratech
  • Sebi writes to govt urging tax parity between cash and derivatives
  • Nestle to pay Starbucks $7.15 bn for rights to sell its products worldwide
  • Crude oil breaches $70 as markets await Trump call on Iran sanction
  • Reliance to invest Rs 600 bn in Jio this year, may borrow Rs 1 trn more
  • Brokers urge Sebi to review ‘harsh’ 100% penalty on margin reporting
  • BSE to launch commodity derivatives trading from Oct 1
  • GM cotton patents: SC refuses to stay order against Monsanto
  • Fee regulations for insolvency professionals soon
  • Oilmeal export earnings up 48% in 2017-18
  • RInfra-Astaldi JV bags Rs 7,000-cr Versova-Bandra sea link project in Mumbai
  • Suven’s Pashamylaram unit completes USFDA inspection
  • HC rejects plea to stay Vodafone?s UK arbitration in tax dispute case
  • Bharti Infratel, Indus likely to invest Rs3,500 crore capex for FY?19 ahead of merger
  • Niti Aayog partners with Google to grow India?s artificial intelligence ecosystem
  • BlackRock exits India mutual fund business
  • Aurobindo launches $1.6 billion bid to buy Novartis generics unit
  • Mukesh Ambani’s EWPL seeks tripling of KG gas transportation tariff
  • SC issues notice to Unitech on contempt plea of Home buyers
  • Lemon Tree’s big expansion plan! To invest Rs 850 crore on capex in 3 years
  • Infibeam to buy Snapdeal?s Unicommerce in Rs 120 crore deal
  • 11 more PSUs identified for disinvestment
  • Valuations of retail banks, NBFCs are stretched
  • Chana prices set to recover from 4-year lows
  • IBA to measure reforms implementation by PSBs
  • MFs lifting cap on small and mid-cap schemes
  • BlackRock blinks, DSP gets 100% in Investment Managers