Business advisory

New Delhi, Dec 8 () Following are the top business stories to be released on Sunday:

BIZ-GDP GROWTH-IHS MARKIT

India's real GDP growth in FY20 to come below 5 pc: IHS Markit

New Delhi: India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said.

BIZ-PROJECTS-COST OVERRUN

373 infra projects show cost overruns of Rs 3.89 lakh cr

New Delhi: As many as 373 infrastructure projects, each worth Rs 150 crore or more, are hit by cost overruns of more than Rs 3.89 lakh crore owing to delays and other reasons, according to a report.

BIZ-INSOLVENCY-SAHOO

IBBI will ensure regulations are 'grounded on realities', says Sahoo

New Delhi: Emphasising that the insolvency law provides a new lifeline to save a company from premature closure, IBBI Chairperson M S Sahoo has said the board will continue with efforts to develop best practices and ensure that regulations are "grounded on realities".

BIZ-FPI-OUTFLOW

FPIs turn net sellers in Indian capital markets in Dec amid weak macro data

New Delhi: Reversing their buying trend, foreign portfolio investors (FPI) turned net sellers in December with a net outflow of Rs 244 crore from the capital markets amid subdued economic data.

BIZ-MARKET-OUTLOOK

Global cues, macro-data to set tone for equity markets: Analysts

New Delhi: Developments around US-China trade talks, Fed interest rate decision and release of key macro-economic data in the later part of the week are expected to influence the equity markets, analysts said.

BIZ-ZOMATO-PROFITABILITY

Zomato looks to become profitable by end-2020

New Delhi: Online restaurant guide and food ordering platform Zomato is looking to be a profitable company by the end of 2020, a top company official said. BAL BAL