Morning Business News Round Up_May 9, 2019

Morning Business News:

  • US to raise duty on $200 bln worth Of Chinese imports
  • RBI allows banks to treat IL&FS expsoure as NPAs
  • India to add 11.5L jobs in first half of FY20: Report
  • RBI warns of more fiscal slippages by states
  • Saudi Aramco offers to increase oil supply to India
  • Stability will return to telecom mkt by Q4 FY20: COAI
  • India’s domestic passenger market falls to 3.1% in March, says IATA
  • Four-fold rise in total solar capacity but rooftop meets just 10% of target
  • Lenders set to realise Rs 80,000 cr from insolvency process in FY20: Icra
  • Sebi allows foreign portfolio investors to invest in municipal bonds

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  • Lupin gets govt nod for more time to complete project in Indore SEZ
  • Vodafone’s merger with TPG Telecom blocked by Australian regulators
  • Home buyers have no say in choice of GST rate: FinMin
  • Titan Q4 net up 14% at Rs 348 cr
  • McLeod Russel’s short-term rating downgraded
  • Brigade Enterprises posts ₹72-cr profit
  • Zee Entertainment set to announce Q4 results on May 27
  • RBI withdraws circular that asked banks to disclose IL&FS exposure, provisions
  • CCI approves General Atlantic’s 6.5% stake buy in PNB Housing Finance
  • SC seeks Centre’s reply on Essar Power plea to surrender coal block
  • IRCTC draft RHP likely to be filed with Sebi next month
  • Tata Communications losses widen to ₹199 cr in Q4 FY19
  • PNB-scam accused Nirav Modi denied bail by UK court for third time
  • IndiGo awaiting approvals to enter China
  • Chotia coal block output to reach one MTPA in near term: Vedanta
  • Japan’s Softbank to spend $4 billion to hike stake in Yahoo
  • China’s investment in US drops 83 per cent amid growing mistrust
  • Sensex plummets 487 pts to close below 38,000-mark
  • Crude oil futures gain 1.13 pc on firm cues
  • Zee stake sale at advanced stage, progressing steadily: Essel Group
  • Lupin gets more time from govt to complete project in Indore SEZ