Business highlights

DEL17 BIZ-RBI-GSEC-GLOBALRBI in discussion with institutions; efforts on to include G-Secs in global indices soon: DasNew Delhi: Reserve Bank of India Governor Shaktikanta Das has said the central bank has already initiated discussions with some institutions and efforts are on for inclusion of government bonds in global indices as quickly as possible.DEL12 AVI-AIRINDIA-PWP&W partners AIESL for maintenance of all types of engines Mumbai: Aircraft engine maker Pratt & Whitney has partnered with Air India Engineering Services Ltd for maintenance of all types of engines, including those powering A320 neos, according to a source.

DCM9 BIZ-RETIREMENT FUND-AUMRetirement funds AUM jumps 24.5 pc to Rs 10,425 cr in Apr-JanMumbai: More and more retail investors are parking their funds in retirement solution-oriented mutual funds, taking the category AUM to Rs 10,425.3 crore as of end January -- a 24.5 per cent growth over Rs 8,376.2 crore in April 2019.DCM8 BIZ-ORGANIC FOOD-BADALIndia's organic food mkt growing at 17 pc annually: Harsimrat Kaur BadalNew Delhi: India's organic food market is growing at 17 per cent annually and has the potential to grow at a faster pace on rising demand for health and wellness food products across the world, Union Food Processing Minister Harsimrat Kaur Badal said on Friday.

DCM16 BIZ-TRAI-MERGERTrai moots reforms in merger norms for tel licences spanning marketshare math, approval modalitiesNew Delhi: In a bid to reform norms for transfer and merger of telecom licences, Trai on Friday suggested that while both subscriber base and revenue are considered in determining marketshare for mobile and internet service providers, only revenue should be taken into account in marketshare calculation for other services like national and international long distance telephony.

DCM11 BIZ-NCEAR GROWTHNCAER pegs GDP growth at 4.9pc in 2019-20New Delhi: Think tank National Council of Applied Economic Research (NCAER) on Friday pegged the economic growth for the current fiscal at 4.9 per cent, a tad down from 5 per cent estimated by the National Statistical Office (NSO).DCM5 BIZ-RELIANCE-MEDIAReliance rejig of media business makes Sony deal less likely: ExpertsNew Delhi: Reliance Industries' move to consolidate its media and distribution businesses under one entity Network18 Media & Investments will create a cleaner structure and make the merger of entertainment channels with Sony less likely, experts said.