GOODWILL BUSINESS DIGEST

  • Flipkart is now a part of Sam’s Club- Takes 77 % @ $16 Bn stake in E Com major
  • India does not see major fallout from U S exiting Iran deal
  • Fraudulent acts: Audit firms will now to pay for their partners’ sins
  • Govt okays Green licence plates for e-Vehicles
  • Road Ministry moves GST for lower rate on replacements for scrapped trucks
  • Flipkart co-Founder Sachin walks away disappointed
  • Biyani looks to sell 10 %. to Global Biggie, eyes strong tie-ups.
  • Tiger, SoftBank make a killing: eBay India reopens  for business
  • US President’s call to nuke Iran deal puts India in a spot
  • CBI books 40 people in Army recruitment case in UP and U’Khand
  • JP Morgan and Barclays arrange $ 5 Bn revolving credit for Walmart deal
  • Essar Steel lenders set rider for NuMetal, Arcelor Mittal
  • Four Fortis Directors facing removal justify their stand
  • Educomp creditor-WB arm- seeks probe into its bankruptcy case
  • Jaypee Infra: Lenders reject Lakshadweep JV’s – offer
  • GST relief likely for Luxury Hotels
  • Garment exports from Tiruppur down by 8 %
  • Poor earnings, surge in US yield may hit FII interest in D – St
  • US 10 year bond yields up-3 %, Wall St rises as Oil rally boosts energy stocks
  • Strong dollar offers opportunity to buy emerging Asia stocks- Funds say
  • MCX Crude might test Rs 5000 a barrel soon.
  • Currency market faces volatility as Trump and Oil hurt Rupee
  • Vodafone to buy Liberty Global Europe units for $ 22 Bn
  • Alibaba buys Pak. E Com co.- Daraz: Google pitches AI to help unplug
  • S Korea Mirae to enter India’s Investment Banking with $ 300 m
  • HDFC Bank hires Rainmakers to build its I-Bank business
  • ICICI Backed Fino Payments Bank to raise Rs 300 cr via Equity sale
  • Cashew exports value hit a record high: Exports clocked 84352 tons at Rs 5871 cr
  • Merchant Exporters may receive Govt. Incentives
  • EPFO Board rejig may see entry of new faces : New CBT members to help operation
  • US sanctions on Iran-Oil firms see Ltd impact of sanctions
  • SoftBank may have to shell out Rs 2000 cr as Tax
  • Looming US  sanctions: India may not cut oil  imports from Iran
  • Bhushan Power & Steel : Don’t reveal highest bid, says NCLAT

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