Morning Business News Round Up_Dec 2,2019

Morning Business News:

  • New Sebi framework to boost depository receipts
  • FPIs net buyers for 3rd month; invest Rs 23K cr in Nov
  • RCEP: Japan says efforts to address India’s concerns
  • 12 companies want to shift base from China: FinMin
  • Telcos to gain Rs 36,000 cr/month from rate hike: Cong
  • Nissan, Renault, Mitsubishi Motors form a new venture
  • India considers investing $1.39 trn in infrastructure to spur the economy
  • Sep quarter Debt MFs see Rs 5000-crore outflow overrating downgrades
  • Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%
  • Maruti Suzuki India sales down 1.9% in November at 150,630 units
  • DBT increased interest cost of fertilizer firms: FAI
  • SAIL likely to start manufacturing of specialty rails in 2 years: Official
  • LG Electronics India posts ₹1,534-crore profit in FY19

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  • Mahindra & Mahindra total sales down 9 percent in Nov
  • WTO: 163 countries agree to make changes in rules governing trade dispute resolution
  • GST collection recovers to ₹1.03 trillion in November
  • Tata Motors’ November wholesales drop 25%
  • ‘India is about competencies, biz prospects; discovering new opportunities’
  • SBI Mutual Fund writes down its entire exposure to Reliance Home Finance
  • Funding gap slows down startups aiming for the global robotics club
  • LIC earns over Rs 14,000 crore profit from stock markets in the current financial year
  • Axis Bank more than doubles loan provisions for troubled sectors
  • Jio boxed into the corner; CII, FICCI join the cause to seek relief for telcos
  • Deadline for filing returns with NFRA extended
  • Investors seek proactive steps to guard against broker default
  • Indian car buyers becoming less price-conscious: JD Power
  • Estimates of 2020 sugar production, exports vary