Tata Motors, Hero MotoCorp, TVS Group companies and others join Mahindra, Suzuki, Toyota and Ashok Leyland to halt production temporarily. NCLT orders liquidation of Amtek Auto. MCA raises cap on shares issued with differential voting rights. Claims by creditors of Jet Airways rise from INR24,000cr a month ago to INR30,558cr now, making hope of revival dimmer. ED uncovers fund diversion worth $400m at Religare Enterprises. Cathay Pacific CEO Rupert Hogg resigns amid Hong Kong protest row. PSBs to adopt “bottom-up consultative process” to enhance efficiency. CEA suggests setting up of an independent entity to screen and monitor loan seekers. US President Donald Trump expresses interest in acquiring Greenland.
Moving on to the top Business news stories of the day: