Morning Business News:
- Uday Kotak flags widening trust deficit between govt & industry
- CMFRI, ISRO sign MoU for mapping smaller wetlands
- Forex reserve swells by $1.87 billion to $413.8 billion
- Thermax buys out entire stake of JV partners in TSPX
- India banks’ loans jump 13.2 pct y/y in two weeks to March 29: RBI
- In a first, nine private sector specialists selected as joint secretaries in govt departments
- Ayushman Bharat package rates revision on radar
- Uber hints at serious cash burn to step up market share in India
- Infosys Q4 profit rises 10.5% to Rs 4,078 crore, meets Street estimates
- TCS net profit up 17.7% to Rs 8,126 crore in Q4, crosses $20-bn revenue
- Naresh Goyal submits EoI as crisis-hit Jet Airways stares at closur
- Govt’s infrastructure push sees a demand shift in the cement sector
- At 2.86%, CPI inflation at 5-month high in March on high food prices
- Chevron Corp plans to buy Anadarko for $33 billion in shale, LNG push
- NTPC tempers growth in coal-fired capacities, meets under 25% of FY19 goal
- PayU buys payment security firm Wibmo for $70 million
- Auto sales on track: 3-wheelers buck the trend with 24% growth in FY 19
- Kotak Bank cuts interest rate on select saving accounts
- Average corp bond spread falls to lowest since December 2018
- Bhushan Power insolvency: NCLT to conclude BPSL hearing by April 15
- Banks need to upgrade their PoS as 2G phases out: Telecom dept official
- Vedanta Resources raises USD one billion via bonds
- CERC approves higher tariff for Adani Power’s 2 GW capacities at Mundra plant
- India’s 2018/19 Iran oil imports up 5% despite US sanctions
- SpiceJet shares zoom 8.5% on plans to induct 16 Boeing 737-800 NG aircraft
- India becomes net steel importer in 2018-19, first time in three years
- Tripoto raises ₹25 crore funding from Orchid India, others
- More bank mergers can spur efficiency, RBI researchers say
- Open offer for NIIT Tech to begin from 31 May
- DoT seeks bank guarantee of ₹8,500 crore to approve Airtel-Tata Tele merger