Morning Business News Round Up_Oct 4th, 2019

Morning Business News:

  • Deloitte Haskins and Sells questions NCLT ambit
  • UK looted $45 tn from India in today’s value: MEA
  • Bharat-22 ETF: Anchors put in Rs 13,500 cr bids
  • The India-us trade deal will happen ‘pretty quickly’: US
  • IRCTC IPO overall subscribed 112x, NII quota 354x
  • EOW arrests HDIL directors in PMC Bank case
  • BPCL sale: Moody’s warns of the steep downgrade
  • August economic activity worse than 2008 financial crisis, says Nomura
  • Govt says will shield small retailers, the US calls for fair e-commerce policy
  • 5% cut in natural gas price is credit negative for ONGC: Moody’s

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  • RBI relaxes ban for those looking to buy stakes of foreign firms in India
  • Auto, construction sectors slowdown to drag non-ferrous metals demand
  • PMC Bank customers can now withdraw up to Rs 25,000
  • Sunil Mittal: India should allow Huawei in 5G trials
  • Petrol, diesel prices to come down over coming weeks: IndianOil
  • Shell takes 20 percent stake in Indian solar firm Orb Energy
  • GMR Infra secures competition panel nod for equity investment by Tatas, GIC, others in airports
  • Slumping data may force Fed chief Powell to move to the third rate cut
  • Tata Steel mulls stake sale in e-commerce JV mjunction Services: Report
  • Goldman faces $260 million hits from equity bets as Uber plunges
  • Indian Oil uses single-use plastic waste to build the road
  • Singapore Deputy PM Heng Swee Keat warns of greater economic uncertainty due to US-China trade war
  • Bank of Baroda boosts lending to MSMEs, partners with NBFC to offer small-ticket loans
  • Many more structural reforms in the offing to propel growth: Amitabh Kant
  • Sensex slips 198 points on financial sector woes, global trade tussle
  • Crude oil futures fall 1.63 percent on low demand
  • Rupee recovers from day’s lows settle 20 paise higher at 70.87