GOODWILL BUSINESS DIGEST

  • PSBs may seek early recap on new NPA rule to avoid huge NPA nos.
  • Jio has caused massive disruption in telecom sector
  • Tier 1-National Pension funds have posted robust returns
  • SoftBank in talks to invest big money in PayTm Mall
  • Special cess on sugar to benefit farmers- Rs 6700 cr p.a
  • Walmart still at ease even if Softbank stays put in Flipkart
  • T lens on top buyers of Nirav Modi Jewellery
  • Split Fortis Board did not heed its Advisers on sale.
  • Idea-Fund raise won’t alter Voda merger terms
  • Telcos ask TRAI to go easy on minor breaches in service
  • NTPC’s legacy PPAs keep tariffs high
  • RBI’s new KYC norms burn a hole in mobile wallets-Transactions fell 13 %
  • Essar lenders should open Vedanta bid: Eicher to focus on Enfield bikes
  • Voltas files suit alleging Haier of belittling brand
  • Foreign firms may drive away with 20 % of Govt’s eCars order
  • Motilal Oswal Real Estate looks to raise Rs 1500 cr via Fourth fund
  • Solar project firms ask Govt. To put off auctions as lack policy hurts them
  • Nifty may have tough resistance at 11,000 level in short term says ET
  • IT,OIL and gas firms report Multi-period growth in March Quarter
  • Rupee’s show one of the worst in emerging markets
  • Nine of top- 10 most valued cos. Add Rs 65129 Cr in M-cap.
  • Loans to Jewellery sector up as cos. Borrow before tough norms set in
  • Market may stay volatile as no clear signal from Exit polls in Karnataka
  • Ministry says to PSBs: “Do not liquidate Cos. Under fear”.
  • Techpro resolution professional accuses promoters of fraud
  • Trump hails N Korea’s pledge to dismantle nuclear test site
  • Cereals, Sugar prices fall. Neera-making firms now switch to making oil
  • Sompo Japan will pay Rs 125 cr to buy stake from Karnataka Bank
  • Tightens norms for import of pulses-tur, moong, urad
  • GST, IBC, JAM… labouring on – Four years of NDA- mixed response- FE
  • Q4FY18 earnings: Consumer firms back  on track, core sector stressed.

 

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