GOODWILL BUSINESS DIGEST

Oct 6th  2018

 

  • Keeps rates unchanged, shifts stance to ‘calibrated tightening’.
  • Sensex crashes over 900 points, FPIs sell stocks worth over $ 1 Bn
  • Centre moves NCLT seeking protection for new ILFS board
  • Ignoring US threatens, India inks $ 5 Bn missile deal with Russia
  • Russia calls for Rupee-rouble trade: prepares economic strategy for India,
  • Russia’s MSP bank, SPA Capital enter into agreement to fund SMEs, start ups
  • RBI highlights virtues of equity funding of long term assets
  • Bank lending, deposit rates to soar
  • Rupee’s depreciation moderate compared to EM peers: Patel
  • Yield on 10 year govt bonds to inch up by fiscal-end
  • Cement cos. get a breather as SC stays Rs 6300 cr CCI penalty
  • Arcelor Mittal may have to shell out upto Rs 17000 cr to be eligible to bid for Essar Steel
  • UIDAI Chief: Telcos must gear up for non-aadhar KYC by Oct 15
  • Capital First shareholders clear merger with IDFC Bank
  • In 3 years, NEC Tech. India plans to double headcount to 4000
  • Apex bank booster for foreign funds eyeing debt investments
  • N-E Monsoon to set in by Monday as “low’ forms over Arabian Sea
  • India’s oil meal exports plunge 73 % in Sep
  • Shree Renuka to double ethanol capacity
  • BAT turns down ITC proposal to grant ESOPs
  • Market volatility forces Govt to go slow.
  • “Let Rupee find its comfort level: RBI DG Acharya
  • Currency & Bonds head in different directions post policy
  • Choppy markets force Govt to delay-Axis bank stake sale
  • Delhi will facilitate ILFS to complete road projects: Gadkari
  • Voda, Idea, Bharti Airtel likely to post losses, Rel Jio may grow profits
  • US Job growth cools: Unemployment rate falls to 3.7 %
  • Private sector capex lowest since FY 08
  • Lenovo, ZTE tumble on overseas sales worries
  • India to continue Iranian Oil imports after US sanctions

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