Morning Business News Round Up_ August 14, 2018

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  •  CPI cools to 4.17% in July, down from 4.9% in June
  •  Image result for tata steelTata Steel Q1 profit doubles to Rs 1,954 crore YoY
  •  Tata Sons to sell Rs 11,500 cr shares in TCS buyback
  •  Indian firms lag compliance of EU data protection rule
  •  Tata Steel submits revised bid for Bhushan Power
  •  CCI okays Adani Wilmar’s acquisition of Ruchi Soya
  •  Iran offers Asian buyers cheapest oil in 14 yrs
  •  Sebi’s FPI norms may jeopardise billions of dollars from offshore funds
  •  Jet Airways, rating agencies come under regulatory scanner over lapses
  •  Sebi mulls steps to prevent misuse of clients’ securities by stock brokers
  •  Bombay HC directs CBDT to reply on STT on physically-settled derivatives
  •  Tata Chemicals Q1 profit up 14% to Rs 2.69 bn; debt slips to Rs 15 bn
  •  Ambiguity in Jet Airways’ loan status
  •  Cadila picks up 51% stake in Windlas Healthcare
  •  Steel-makers seek 40% export duty on graphite, removal of dumping duty
  •  Ramky Enviro Engineers to invest Rs.2,500 cr in new projects, expansion
  •  IndianOil to invest over Rs.20,000 cr in city gas biz
  •  ‘NSE’s May 24 trading errors due to tech glitch’
  •  Rupee plunges to record low, closes near 70 a dollar
  •  Telcos to seek fresh dialogue on scrapping interconnect charges
  •  EIL to invest Rs 700 crore for LPG terminal at Okha
  •  Wipro, ITC, Cadila take lead in race to acquire Complan
  •  BSE seeks further clarification from Jet Airways over deferred results
  •  India may not reach 100GW solar target by 2022: report
  •  Incumbent telcoms’ profit halve in 3 years, margins fall 1,000 bps
  •  SBI ranked as India’s most patriotic brand: Survey
  •  RBI backs proposal to form asset reconstruction firm to salvage power sector stressed assets
  •  Wilful defaulters, economic offenders may not settle a case, suggests Sebi panel
  •  IOC hopes to get Iranian investment for CPCL refinery
  •  RCom reinstates Rs 774 crore bank guarantees with DoT
  •  No safeguard duty on solar cells for now, says FinMin
  •  Household savings hit slowest pace, drop 20%
  •  Turkey attempts to calm markets as crisis deepens