Morning Business News Round Up_SEPT 17th, 2019

Morning Business News:

  • Apple takes on EU’s Vestager in record $14-bn tax fight
  • Allahabad Bank board okays merger with Indian Bank
  • Next Trump tariffs may hit Europe’s luxury products
  • ED slaps Rs 230 cr fine on PwC for FEMA violations
  • Piramal Enterprises to raise Rs 690 crore via NCDs
  • Govt to cut insurance premium rates for small exporters
  • RBI reviews GDP forecasting after Q1 print surprise
  • Saudi attacks to hit India’s oil import bill, rupee immediate casualty: DBS
  • Govt reveals a slew of measures to increase export credit to 30% in FY20
  • Tata to invest Rs 580 cr in realty biz for new projects, debt reduction
  • Warburg Pincus may buy Andhra Bank’s 20.5% stake in IndiaFirst, says the report
  • Bhushan Power case: NCLAT seeks govt’s response on JSW Steel’s plea

Image result for crude oil

  • Ashok Leyland in talks with Michelin, Marubeni, SBICap for the e-Mobility venture
  • Hero MotoCorp announces a voluntary retirement scheme for employees
  • Cost of credit for exporters to come down under expanded scheme says, Goyal
  • IL&FS invites bids for the sale of six land parcels, enlists services of JLL
  • The slump in steel sector spreads to small, medium companies
  • Current account under threat if oil surge continues, says Shaktikanta Das
  • Farm bodies exempted from 2% tax at source on payments above ₹1 crore
  • Govt to cut insurance premium rates for small exporters: Piyush Goyal
  • Spike in oil prices couldn’t come at a worse time for a slowing world economy
  • Reliance Communication’s undersea cable unit GCX files for bankruptcy
  • Jet Airways lenders make a presentation to Synergy Group
  • TRAI seeks views on the maximum duration for phone calls to ring
  • Government asks Apple to manufacture, export more from India
  • Saudi assures India of no oil supply shortage: Oil Min
  • Unsold spectrum resulted in Rs 5.4 lakh crore losses, claims BIF
  • Sensex drops 262 points as crude oil prices boil
  • P-note investments continue to drop; stands at Rs 79,088-cr in Aug-end
  • Govt keen to bring India among the top 25 countries in ease of business: Kant