The merger, if finalized, will allow IndusInd Bank to expand its retail loan book and fulfil Bharat Financial Inclusion’s ambition to offer banking services Source: Livemint.com (http://www.livemint.com/rss/industry)

Car sales in August grew 13.76%, mainly led by demand of UVs, as customers advanced purchases in anticipation of car prices going up due to GST cess hike Source: Livemint.com…

The swap ratio being considered is one share of IndusInd Bank for 1.75 shares of Bharat Financial Source: Livemint.com (http://www.livemint.com/rss/industry)

SBI is setting up a one-point data processing unit for data storage and analysing vast pools of data, including that generated on its social media platforms Source: Livemint.com (http://www.livemint.com/rss/industry)

A delay in procuring exploration equipment may push back ONGC’s plans to produce gas from its Krishna Godavari 98/2 block starting June 2019 Source: Livemint.com (http://www.livemint.com/rss/industry)

The PMO has met officials from health ministry, department of pharmaceuticals to seek suggestions on exemption from price caps on high-end stents Source: Livemint.com (http://www.livemint.com/rss/industry)

The draft pharma policy’s plan to do away with loan licensing would lead to revenue loss for SMEs, disrupt the supply chain and make installed capacities redundant, says industry Source:…

China will set a deadline for automakers to end sales of fossil-fuel powered vehicles, a move aimed at pushing companies to speed efforts in developing electric vehicles Source: Livemint.com (http://www.livemint.com/rss/industry)

Aviation minister says power plants that don’t meet all requirements will be pulled from service, rejects Pratt and Whitney’s request to allow some failed engines to continue to be used…