Morning Business News :
- PSBs account for 85% of bank fraud cases: RBI report
- Nearly one-fourth of banks loan has turned sour: RBI
- Idea shareholders approve new name ‘Vodafone Idea’
- Sebi orders open offer for NDTV
- Brexit bill becomes law, allowing UK to leave the EU
- Hedge funds accuse Indian co of $1.5 bn fraud
- India records highest number of IPOs globally in 2018
- Bhushan Steel reclassifies promoters after takeover by Tata Steel
- Ashok Leyland’s LCV business turns around, posts Rs 1.34 bn profit in FY18
- Vijay Mallya offers to sell assets worth Rs 139 billion to settle dues
- LIC may enter banking space; eyes majority stake in IDBI Bank
- Jindal Steel’s units in South Africa file for bankruptcy protection
- NPA situation likely to worsen further: RBI
- Fitch retains Airtel’s ratings at BBB-, outlook stable
- Govt repaid over Rs 2 lakh cr on account of oil bonds taken: Pradhan
- 95% safeguard duty sought on imported solar cells, modules
- Piramal arm sells stake in PISA to Alliance Medical
- SEBI clears HDFC Mutual’s initial public offering
- Japan, South Korea eye tie-up with India to fund projects abroad
- PNB Housing Finance plans to raise Rs10,000 cr via bonds
- Macquarie moves insolvency tribunal against Ind-Barath
- Varroc Engg IPO receives over 30% subscription on Day 1
- GST Council may cut tax on construction material to 18%
- Lakshmi Vilas Bank board approves 15 cr eq shares issue
- NCLT admits insolvency petition against Uttam Galva Steel subsidiary
- Domestic consolidation, portfolio realignment to boost M&A transactions, says EY report
- GST Council to look at option of centralised appellate authority
- GE, icon of American business, to exit health-care and oil sectors
- Chinese airlines become collateral damage in trade war with US
- Government debt rises to Rs 76.94 lakh crore in Q4 FY18
- NBFCs make rapid strides with 30.8% net profit growth in FY18
- Shriram Transport to issue Rs 5K cr NCDs
- IndusInd to acquire brokerage biz of IL&FS
- Irdai likely to clear LIC-IDBI deal with few conditions
- More women in work force to boost India’s GDP: McKinsey