Morning Business News Round Up_ Nov 13, 2018

  • Delays at NCLT cost banks Rs 4,000 cr: Icra
  • Uco Bank seeks Rs 7000 crore capital from the govt
  • IL&FS new board to rebid broking arm ISSL
  • Competition Commission orders probe against Intel
  • Vedanta plans to inject Rs 15,000 cr in Odisha
  • IIP data improves in Sep, inflation eases in October
  • Kellogg eyeing mega alliance with Haldiram’s
  • Oil prices gain over 1% after Saudi Arabia talks of cut in output
  • India paid far more in cotton subsidies than WTO’s prescribed 10%, says US
  • Unions urge Coal India employees to ignore govt’s share sale offer
  • India’s sugar exports hit by falling prices, govt offers transport subsidy
  • Britannia Q2 net profit up 16% on brand investments, widening distribution
  • NITI Aayog seeks more time tofinalise back-series GDP data
  • JNPT to call bids for SEZ on 296 acres
  • Jet Airways reports consolidated net loss of Rs 1,261 cr
  • India to lease out half of Padur strategic oil storage to ADNOC
  • ONGC ordered to pay wharfage compensation to Mumbai Port Trust
  • USFDA completes Biocon’s Bengaluru plant inspection
  • Govt refuses to yield on Section 7 of RBI Act
  • India signs initial pact to lease half of Padur storage to ADNOC
  • Germany’s SAP to buy Qualtrics for $8 billion in cash
  • Q2 results: Aurobindo Pharma profit falls nearly 22% to Rs611 crore
  • Diageo sells Seagram’s VO to Sazerac in $550 million deal
  • Netflix to test lower-price plans as it seeks more Asian users
  • 19 GW of stressed power assets eligible for SHAKTI-II: Crisil
  • Bank of India posts Q2 net loss of Rs 1,156 crore on jump in provisions
  • Abu Dhabi oil co hires India’s strategic oil storage
  • Whatsapp, Skype, Hike soon to come under regulatory regime; TRAI seeks industry views
  • Oil India Q2 profit rises over 33 pc, but misses estimates
  • NCLT counsels liquidation of Adhunik as Liberty House defaults on payment date
  • Jaitley links minimising bad loans with credit flow
  • PE/VC exits till Oct cross yearly highs
  • Ruthless competition could cripple telecom, aviation