Morning Business News Round Up_Oct 15, 2019

Morning Business News:

  • Govt mulls raising Rs 1 lakh threshold for invoking IBC
  • YES Bank sells 6.56% stake in Fortis Healthcare
  • Digital technologies to create $1 tn value by 2025: EY
  • Total, RIL may not bid for BPCL; BP wants to see offer
  • Adani Transmission acquires arm of REC Transmission
  • HUL Q2 net up 21% YoY to Rs 1,848 cr; to give Rs 11/sh as interim dividend
  • Moody’s downgrades Indiabulls to B2 on a fundraising challenge, governance
  • RBI hikes cash withdrawal limit for PMC depositors to Rs 40,000
  • Indian pharma companies spread businesses to avoid regulatory ire
  • Assets worth Rs 3,830 cr seized, identified in PMC Bank case: ED
  • Reliance to swap diesel for Venezuelan crude oil

Image result for Indiabulls

  • Ratan Tata to invest in EV start-up Tork Motors
  • Consumer inflation inches up close to 4% in September on costlier food items
  • Granules India to exit from China jt venture
  • L&T puts two thermal power units into operation in MP, UP
  • Lenders approve JSW Energy’s resolution plan for Ind-Barath’s 700 MW power plant
  • Rural demand remains a concern for Wipro Consumer Care and Lighting
  • New resolution professional of Videocon seeks EoIs for 13 companies under IBC
  • BSE to suspend trading in Manpasand Beverages, Binani Industries, 14 others
  • Indian economy structurally, fundamentally strong: MoS Finance
  • India to see $118 billion investment in oil, gas sector in next few years, says Dharmendra Pradhan
  • WTO gives final approval to US retaliation in Airbus case
  • RBI imposes Rs 1 crore fine on Lakshmi Vilas Bank, Rs 75 lakh on Syndicate Bank for violating norms
  • Traders’ body seeks govt audit into business models of Amazon, Flipkart
  • Rupee drops 21 paise to 3-week low on fading US-China deal optimism
  • Sensex pares gains, ends 87 points higher; Nifty closes at 11,330
  • SBI re-enters top-10 most valued firms list; replaces Bajaj Finance