Morning Business News Round Up_ Sep 4, 2018

  •   Currency volatility to have ‘limited impact’: Fitch
  •   Banks with over 10 branches to have IO: RBI
  •   RBI unions withdraw mass casual leave plan
  •   Anil Agarwal succeeds with Vedanta Resources buyout
  •   Sebi’s income rose 25% to Rs 752 crore in FY17
  •   NCLT approves 1:10 swap ratio for ICEX, NMCE merger
  •   Investors’ complaints hit 6-year high of 43,000 in FY18
  •   Falling rupee to keep base metals costlier in India despite global lull
  •   Tepid use of funds accruing to NMET slows down mineral exploration
  •   Image result for Allahabad BankAllahabad Bank to raise about Rs 15 bn via disinvestment in non-core assets
  •   10-yr bond yield touches 8%, Rupee hits record low of 71.18 against dollar
  •   Govt allows state refiners to use Iran tankers, insurance for oil imports
  •   About 1,800 businesses apply for migration to GST regime
  •   Domestic airlines may post higher losses at $1.90 b: CAPA
  •   L&T Construction bags orders worth Rs 2,654 cr from MSRDC
  •   Relief in sight for Adani, Tata and Essar’s Gujarat power projects
  •   R-Infra wins Rs. 200-cr arbitration award against NHAI
  •   India manufacturing PMI eases in August on softer domestic demand
  •   DLF to invest over ₹ 1,400 crore in Gurugram project
  •   Vijay Mallya gets 3 weeks to file reply on ED’s plea
  •   Jindal Steel & Power studies breakup as ₹42,000 crore of debt weighs
  •   LIC board to meet tomorrow to decide IDBI Bank stake hike plan
  •   Manipal to pick up minority stake in Cigna TTK Health Insurance
  •  RBI data: Loan defaults by MSMEs doubled in last fiscal
  •  Icra keeps ratings of IDBI Bank’s bond programmes under watch
  •   Vodafone Idea raises Rs 1,500 crore via debt
  •   SBI responds to Singapore govt initiative with remittance centre
  •   Govt appears committed to fiscal discipline, consolidation
  •   Exclusive zero-debt club shines as others fight corporate debt
  •   Focused on inflation targeting, Patel took Rajan policies forward
  •   Rubber production-consumption gap widens to 58% in Q1FY19