Morning Business News Round Up_ August 9, 2018

  •  First round of US tariffs on China to hit $50 bn Aug 23
  •  Walmart’s $16-bn acquisition of Flipkart gets CCI nod
  •  CCI gives nod to Tata Steel-Bhushan Power & Steel deal
  •  RBI to transfer Rs 50,000 crore surplus to govt
  • Image result for per capita income logo India’s per capita income rises to Rs 80,000
  •  PNB in talks with I-T dept to sell erstwhile HQ
  •  Shortage of long product steel hurting EPC companies as cost goes up
  •  NHAI suffers Rs 4-bn loss on non-recovery of damages from realty developers
  •  IMF warns India over PSBs, advocates privatisation
  •  Ahead of LIC acquisition, IDBI gets nod to lower govt stake to under 50%
  •  Sebi set to tackle cyber security breaches, deploy data analytics
  •  NSE keen to set up spot gold exchange: Limaye
  •  India heading for a lower tea output as H1 output falls 5%
  •  ICICI Bank issues over 1 million FASTags
  •  HPCL Q1 net surges 86% to Rs. 1,719 cr
  •  TCS in talks with Infosys, Wipro to sell its automation software
  •  HPCL winds down Iran oil supply as US-led sanctions inch closer
  •  RBI cancels licences of 368 NBFCs in first half of 2018
  •  HDFC MF juggles its schemes and thumbs its nose at Sebi
  •  Govt to set up 25,000 MW solar project in Ladakh
  •  Samsung lines up $22 bn spending for new tech
  •  Fonterra, Future Group announce joint venture for Indian market
  •  Mumbai BPCL fire: Refinery’s hydrocracker unit shut, 40 injured
  •  Supreme Court warns Amrapali group not to play smart with court
  •  NDTV Q1 net loss narrows to Rs 2.88 crore
  •  Government may release second draft of e-commerce policy in a fortnight
  •  IMF says RBI needs to gradually tighten monetary policy due to these 3 key concerns
  •  Banks have limited ability to support high credit growth
  •  Pressure builds on UK Labour to back second Brexit referendum
  •  Plan to cap medical devices margin at 30% nags industry
  •  NSE in fresh talks with Sebi to resolve co-location case