• posted by IMV |
  • 25/5/2018

Economic Times● Govt push for merger of Vodafone-Idea: new entity can pay all dues● Donald Trump cancels 12 June summit with North Korea’s Kim Jong Un● ED files charges against Nirav Modi, to approach Interpol in PNB case● Andhra plans Rs51,000 crore capex in 1st phase of Amaravati project● India drags US to WTO over levy of additional duties on steel, aluminiumBusiness Standatd● Manipal-TPG extends validity of its revised offer for Fortis● Jet...

  • posted by IMV |
  • 24/5/2018

Economic Times● Tata Motors Q4 profit halves to Rs2,125 crore on one-off charge, expenses● Cabinet clears ordinance for amendments to bankruptcy code● TCS expands operations in Florida as part of Transamerica deal● F-16 fighter jet production can make India an export hub: Lockheed Martin● Govt may set reserve price for Air India sale by June endBusiness Standatd● CESC March quarter profit drops to Rs292 crore● Vedanta Resources operating profit...

  • posted by IMV |
  • 23/5/2018

Economic Times● NPAs surge, push SBI to a record quarterly loss● Infosys shifts stance on activist shareholders● Air India privatisation: Govt ready to call off sale if bids too low● Sterlite protest turns violent in Tamil Nadu, 11 killed in police firing● NCLAT puts Essar Steel insolvency process on holdBusiness Standatd● Tata Steel to raise Rs16,500 crore debt to fund Bhushan Steel acquisition● Reliance Jio plans overseas expansion, may set up...

  • posted by IMV |
  • 22/5/2018

Economic Times● Moody’s downgrades PNB on impact of Nirav Modi fraud● NCLAT issues notice to Tata Steel over Bhushan Steel acquisition● India’s Q4 GDP growth likely at 7.4%: Icra● CBI chargesheets Rotomac promoters● Tata Sky will be the supplier of Netflix, Hotstar, Amazon Prime: CMD Harit NagpalBusiness Standatd● Tata Power, Actis in fray to buy Essel’s solar power plants● Tata-Bhushan Steel deal to reduce bank NPAs by Rs35,000 crore● NSE to...

  • posted by IMV |
  • 21/5/2018

Economic Times● India’s rural consumption surges in boost for FMCG firms● Surging oil prices, bond yields, weak rupee to weigh on markets this week● UltraTech to acquire Century Textiles’s cement business● DoT seeks reply from Airtel on Apple Watch eSIM service by 24 May● Govt may allow data resale in boost to public WiFi planBusiness Standatd● PNB fraud: CBI to approach Interpol for red corner notice against Nirav Modi, Mehul Choksi● Sebi to...

  • posted by IMV |
  • 16/5/2018

Economic Times● Karnataka election results: BJP’s victory ‘unprecedented’ says PM Modi● PNB posts Rs13,416 crore Q4 loss after being hit by Nirav Modi fraud● Cabinet reshuffle: Piyush Goyal gets finance, Smriti Irani loses I&B ministry● Idea Vodafone may face conflict of interest in telecom tower deal● PNB fraud: Allahabad Bank divests CEO Usha Ananthasubramanian of all powersBusiness Standatd● Hindustan Unilever makes the most of the GST...

  • posted by IMV |
  • 15/5/2018

Economic Times● Cabinet reshuffle: Piyush Goyal gets finance, Smriti Irani loses I&B ministry● Allahabad Bank CEO to be axed for involvement in PNB fraud case● Manipal further sweetens offer to acquire Fortis hospitals● RBI bars Allahabad Bank from taking deposits, giving loans● India’s ‘ugly’ inflation to pile more misery on bond investorsBusiness Standatd● New direct tax code to benefit corporates, income tax payers● Ascendas to buy two...

  • posted by IMV |
  • 14/5/2018

Economic Times● New direct tax code to benefit corporates, income tax payers● Middle East, Africa seek India’s help to light up their villages● Maruti Suzuki gets lion’s share of Suzuki R&D budget● Reliance Jio files complaint against Airtel over Apple Watch service● Air India records 20% growth in revenueBusiness Standatd● PNB scam: RBI declines to share inspection reports● Equity mutual funds log Rs12,400 crore inflow in April, push AUM to...

  • posted by IMV |
  • 11/5/2018

Economic Times● Acquisitions will drive Flipkart growth: Binny Bansal● Fortis board approves binding offer from Hero-Burman family offices● Walmart to comply with tax rule on India Flipkart deal, CEO Doug McMillon says● India rejects US charge on price support steps breaching WTO rules● SIRCA Paints IPO to open on 16 MayBusiness Standatd● Supreme Court rejects Dalmia’s plea, refuses to intervene in sale of Binani Cement● ABB India’s profit...