Morning Business News Round Up_Oct 31,2019

Morning Business News:

  • US economy grows 1.9% in Q3 despite trade war
  • Indian, Chinese economies to accelerate in Q4: Report
  • Govt may not cut Income tax rates due to fiscal stress
  • Unitech loses property in Noida over Rs 1,203 cr dues
  • Fitch places Airtel rating on negative watch on SC ruling
  • Govt-RIL at loggerheads over the sale of gas
  • India ranks third among Asian countries for environmental sustainability
  • Canara Bank to issue shares to govt in lieu of Rs 6,571-cr capital infusion
  • AIF industry eyes Rs 2.9-trillion opportunity in cash-strapped firms
  • Standard Life sells about 5% stake in HDFC Life Insurance for Rs 5,752 cr
  • CCI approves Abu Dhabi Future Energy’s equity stake purchase in Hero Future

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  • BHEL to showcase advanced ultra-supercritical technology for generating clean power
  • International Paper APPM sells 55% stake to WCPM
  • JK Tyre Q2 net profit jumps multifold to ₹168 crore
  • Indoco Remedies posts net profit of Rs 7.81 cr in Q2
  • SAIL may replace NMDC in JV with Australian firm for steel making
  • Nestle to weigh $1 bn sales of local Chinese brands
  • Abu Dhabi’s Masdar to buy a minority stake in Hero Future Energies
  • HDFC acquires 9.89% stake in Bandhan Bank
  • COAI’s plea to DoT to bail out older telcos unwarranted: Jio
  • Blackstone buys a 37.5% stake in Aakash Educational Services
  • ShareChat FY19 losses surge 12-fold at Rs414.7 crore
  • KKR sells 5.46 million SBI Life shares for Rs533.7 crore
  • Finance Commission weighing incentives for states for farm reforms
  • Marine exports to China may cross $1-billion mark by year-end
  • Air India seeks $819 million loans for 7 Boeing planes
  • Apple India net profit falls 70% to Rs 262 cr in FY’19
  • Firms bank on Commvault to leverage unstructured data sans security breaches
  • IDBI Bank sells over 0.72 percent stake in NSE
  • Rupee slips 6 paise against dollar ahead of US Fed policy outcome
  • India will not sign any free-trade agreement in a rush: Goyal
  • PMC Bank depositors continue protest seeking payback
  • Govt’s Rs 15,000 cr soft loan scheme to sugar mills moving at snail’s pace: experts