Morning Business News Round Up_ Dec 12, 2018

  • USD 300-bn investment in energy in coming decade: Min
  • Rel Jio to hive off fibre, towers into separate units
  • Mallya’s extradition to speed up loan recovery: SBI
  • India to add 10,000 MW renewable energy capacity
  • RBI not dependent on any particular individual: Niti
  • Modi may forgive farm loans to win back rural voters
  • Indiabulls Ventures’ promoter Sameer Gehlaut, 5 others settle case with Sebi
  • Shaktikanta Das, who steered demonetisation drive, is new RBI governor
  • Economist Surjit Bhalla quits Prime Minister’s Economic Advisory Council
  • RBI remains net seller of dollar in Oct, sells $7.2 bn of greenback: Data
  • CCI approves Tata Sponge Iron’s acquisition of Usha Martin’s steel business
  • Cadila Healthcare subsidiary gets USFDA nod for ulcer treatment injection
  • Gas trading hub to be set up soon: Pradhan
  • Centre sells stake in IndianOil
  • EEE tax status will encourage retail participation in NPS, says PFRDA chief
  • Shipping Ministry unveils platform to fast-track payments
  • IndiGrid sees growth potential in sale of transmission assets
  • Alpha Capital invests ₹160 crore in Hero Electric
  • Airtel hopes early amicable resolution of Niger tax dispute
  • India to add 10GW of renewable power in FY20: ICRA
  • Mapletree to invest in logistics assets in India
  • IHH Healthcare moves to allay CCI’s concerns on Fortis deal
  • Safeguard duty: Import of solar cell declines, domestic firms’ market shares up
  • Saradha chit fund scam: NCLT orders closure of 13 group companies
  • JSW Cement looks to expand presence in east
  • Air India calls bids to sell Nariman Point building
  • UK judge critical of Indian banks in providing loans to Vijay Mallya
  • EU rules out renegotiation as May seeks help from Merkel
  • Rupee slips 53p on Patel’s exit
  • G&J exports to US to grow 10-15% this year
  • Bank recap hinges on AQR of 200 large accounts
  • Icra assigns negative outlook to domestic airline industry