Morning Business News Round Up_ Oct 25, 2018

  • RBI may look at relaxing PCA framework
  • India plans trade deal to boost exports to China
  • NCLT directs to move Videocon pleas to one court
  • Vistara gets Rs 2,000 cr from Tata Sons, SAL
  • Tata Trusts denies Ratan Tata’s meeting with UK PM
  • Benami cases: Cabinet okays Adjudicating Authority
  • Airtel’s Africa arm gets $1.25 bn from 6 investors, IPO to follow
  • No anti-dumping duty on chemicals imported from China, Germany, Saudi: Govt
  • Cabinet approves BRICS MoU for joint cooperation in social, labour sphere
  • Govt okays Rs 75-bn fund to help boost fish production, jobs in fisheries
  • IDFC Bank in red for 1st time since market debut, posts Rs 3.7-bn net loss
  • Sebi proposes measures to strengthen framework for debenture trustees
  • Bajaj Auto Q2 net rises 5% on robust sales
  • Co-location exits drag Bharti Infratel net down to ₹600 cr
  • No more BS IV vehicle sales from April 2020, says SC
  • Heinz acquisition bodes well for Zydus Wellness
  • UAE-based BRS Ventures to invest in Indian healthcare
  • VC funding for digital health cos rises 46% to $8 b in 9 months
  • Wipro Q2 profit drops nearly 14% to ₹ 1,889 crore
  • Manipal eyes Medanta after failed Fortis Healthcare bid
  • Jubilant FoodWorks Q2 profit rises 60% to Rs77.7 crore
  • BoB, Vijaya Bank, Dena set up committees on loans, HR and IT
  • RIL takes Reliance Jio route for Jio Payments Bank launch
  • Supreme Court tells RCom to pay Ericsson dues by 15 December
  • India has most outward migrants in 2017, says ADB report
  • Cyrus Mistry floats startup investment fund on second anniversary of his ouster from Tata Sons
  • L&T Infotech Q2 net profit surges over 46% to Rs 400 crore
  • India’s economic growth not inclusive enough, inequality rises
  • Business confidence rises marginally in Oct-Dec
  • 63 Moons gets interim relief from high court
  • Manappuram NCDs offer up to 10.40% interest
  • Modi calls for ‘tax-plus one’ system of honest tax payment
  • PMO asks Sebi to tighten vigil on bond market