Morning Business News Round Up_Nov 25,2019

Morning Business News:

  • JV plans: SAIL awaits ArcelorMittal response
  • CAIT levels tax avoidance allegations on comm cos
  • Aurobindo Pharma aims to become debt free in 3 yrs
  • BPCL asked to submit a valuation of the company in 50 days
  • NTPC likely to issue green bonds to raise funds
  • Sebi plans to implement data analytics project
  • ECL Finance’s NCD Tranche II oversubscribed
  • Govt to amend IBC to ring-fence buyers of stressed assets from prosecution
  • Karvy group’s liquidity to stay stretched over the medium term: CRISIL
  • Airtel, RIL, three others may submit bids for RCom assets on Nov 25

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  • Govt’s privatization plan may end complex cross-holding in oil PSUs
  • RCom lenders reject the resignation of Anil Ambani, 4 other directors
  • Key WTO body may become dysfunctional from Dec 11
  • PSUs need a roadmap for growth, exports: CII report
  • Post-Brexit, India can use Ireland as the window to EU: Envoy
  • Government to consider cut in reserve price of rice
  • USFDA red flags Torrent Pharma’s US-based plant for manufacturing violations
  • India’s PSUs should bid for international projects as a consortium: Report
  • ETFs funds account for 82% of selloff proceeds: DIPAM
  • FPIs pour ₹17,722 crores into Indian markets in November so far
  • After Jet’s demise, Lufthansa plans to strengthen partnerships with AI, Vistara
  • India’s gold imports dip 9% in April-October period
  • Amar Ujala bets on healthcare; acquires a majority stake in Cygnus Medicare
  • ISPAI seeks legal view on DoT’s demand for statutory dues; says order unnecessarily imposed on ISPs
  • Monetary Policy Committee to be split on rate cut decision
  • Gold imports dip 9 percent during Apr-