Morning Business News Round Up_Oct 3rd, 2019

Morning Business News:

  • Coal India to pay Rs 64,700 festive bonus to workers
  • No MAT credit if you chose new tax rates: CBDT
  • Corp tax cuts alone will not stimulate PVT CAPEX
  • PMC’s suspended MD blames ‘superficial auditing’
  • India can become one of the largest EV markets: Report
  • Oil market ignoring geopolitical risks; trade talks next big trigger
  • Airtel drives telecom sector’s AGR to 5-quarter high to 8.8% in Q1FY20
  • Religare to sell entire stake in NBFC arm to TCG Advisory for Rs 330 cr
  • A parliamentary panel on energy to review the need for uniformity in tariff
  • Opening up of commercial coal mining to 100% FDI unlikely to boost the sector
  • Infra companies consider monetizing litigation claims for offshore assets
  • The corporate tax cut is a signal to structural reforms: CEA
  • Steel industry frets as Govt inches close to signing RCEP

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  • FACT’s sales in Sept hit a record high of 1.33 lakh tonnes
  • Welspun India eyes home textiles in the premium segment
  • Piaggio receives BS-VI certification for three-wheeler CNG engine
  • Zydus successfully conducts clinical trials of Saroglitazar Magnesium for liver
  • DLF settles ₹8,700 crore amount payable to JV with GIC
  • British PM Boris Johnson’s ‘final’ Brexit deal stirs sterling rebound
  • BSE’s startup’s platform steps up  bid  to  get more  firms  listed
  • WTO approves US tariffs on $7.5 billion of EU goods in Airbus retaliation
  • EESL planning an IPO at ₹5,000 cr valuation
  • Developing country debt jumps to $7.8 trillion in 2018: World Bank
  • India, US will fix their trade disputes: S Jaishankar
  • GST collection falls to the lowest in 19 months
  • MTNL, BSNL revival on cards as govt seeks clarity from a high-level panel
  • Lakshmi Vilas Bank’s independent director resigns citing personal reasons
  • Bharat-22 ETF’s 4th tranche to open on Thursday; govt expects to raise Rs 8,000 cr
  • 34 functional teams to smoothen merger of UBI, PNB, OBC
  • PMC Bank created over 21,000 fake accounts to hide loans: complaint