Morning Business News Round Up_Nov 26,2019

Morning Business News:

  • IndiGo director asks US Court to revoke summons
  • Govt got Rs 4,973 cr revenue from auctioned coal mines
  • Airtel, Jio bid for RCom telecom assets
  • 23 lakh new jobs created in Sept: ESIC payroll data
  • Govt moves NCLT to reopen CG Power books
  • FM introduces Bill in Lok Sabha to cut corporate tax
  • Saudi Aramco IPO retail subscription at $5.8 billion, says, lead manager
  • ICRA downgrades Bharti Airtel’s long term rating from “AA” to “AA-“
  • Total loan portfolio of DHFL at Rs 95,615 crore: Govt to Lok Sabha
  • Foreign portfolio investors pour in $6 billion in the past two months
  • Oil prices hold above $63 a barrel on US-China trade talks optimism
  • Price-fixing charges: Sun Pharma in talks with the US to end the anti-trust probe
  • Ind-Ra downgrades long-term issuer rating of Texmaco
  • Novartis to buy US biotech The Medicines Co for $9.7 billion

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  • Salcomp buys Nokia’s Sriperumbudur plant to make Apple chargers
  • LVMH to buy Tiffany for $16 billion in the largest-ever luxury-goods deal
  • CG Power forays into EV bus segment
  • PFRDA releases valuation norms for NPS pension funds
  • Zee Entertainment board accepts Subhash Chandra’s resignation as chairman
  • BSNL, MTNL VRS scheme: Over 92,000 employees opted so for
  • Shut down 4,774 industries in residential areas immediately: NGT
  • 10 states unequipped to ensure food safety: FSSAI
  • SC notice to finance ministry, others on Adani plea seeking duty parity
  • Number of captive coal blocks slips to 11 so far from 17 in FY19
  • Shuttl raises $18 million from SPARX Group, Toyota Tsusho Corporation
  • PSBs collect Rs 1,996 crore in minimum balance penalty in FY’19
  • Sensex scales new high soars 530 points; Nifty closes above 12,050
  • Paytm raises USD 1 billion in fresh funding
  • Sebi to tighten rules for brokers after Karvy debacle
  • Gold declines Rs 166 on the weak global trend
  • 75 lakh houses will be ready by 2020