Morning Business News Round Up_SEPT 20th, 2019

Morning Business News:

  • Oil crisis to have a limited impact on inflation: RBI Guv
  • Banks won’t declare NPA for MSME loans till Mar: FM
  • Trai floats paper to simplify, speed up M&A approvals
  • Coming up: Rs 20k-cr fund for non-NPA housing projects
  • Rana Kapoor sells 2.3% stake in YES Bank
  • Telecom body approves Rs 8,588 crore infra projects
  • JSW Steel promoters release pledged shares worth Rs 1,150 crore
  • Bank stake sales in a mutual fund, insurance subsidiaries hit a wall
  • RCom resolution professional seeks status quo on spectrum licenses
  • Lenders approve Rs 5071 crore debt restructuring plan of three IL&FS firms
  • Aluminum producers likely to see pressure on profits says NALCO chief
  • Reliance Jio has widest 4G network, Airtel’s network grows 3-fold: Trai
  • Tata Motors rolls out new EV powertrain tech

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  • Apollo Hospitals in pact with US firm to launch healthcare drones
  • Modi to attend two round tables with CEOs of US companies
  • Mukesh Ambani’s shareholding has not increased in the company, says Reliance
  • No economic crisis in India, govt taking steps to make it stronger: Javadekar
  • Sitharaman may announce more measures on Friday to support the economy
  • Wipro Consumer Care and Lighting set up a venture fund to invest in startups
  • RBI caps term for banks’ concurrent auditor at three years
  • Banks to hold public meets with NBFCs until 15 Oct in 400 districts: Sitharaman
  • Coal mine allottees must do their bit to start output: Secy
  • Factory investment at a 3-year low of Rs 3.31 lakh cr in 2017-18: Survey
  • Global steel industry facing surplus production, says Union minister Dharmendra Pradhan
  • CBDT member hints at lower tax rates indirect tax code regime
  • Essel Group seeks time till March 2020 from mutual funds to clear dues
  • Rupee slips 10 paise to 71.34 against USD
  • Maruti Suzuki crosses 10-lakh-exports milestone from Mundra Port
  • Parliament nod on pesticide and seed bills likely next session: MoS Agri
  • Carcinogen scare sets off a global race to contain ranitidine