21st May 2018

• Mid tier I T firms race past  larger peers on valuations
• Ultratech buys Century textiles’ cement business in share-swap deal
• Arbitration panel to hear Vodafone plea in Feb 2019
• Fortis Directors; cut: All eyes on Yes Bank
• Tariff battle: India may target U S apples, almonds and bikes
• Petrol, diesel touch all time highs as oil PSUs increase rates
• UAE Banks to share winsome info with India
• Dubai shell-companies under lens by Income Tax dept.
• Damages paid for breach of contract to attract 18 % GST
• GST roadblocks impact Patanjali’s growth in FY 18
• PE Team to buy Vishal Mega Mart for Rs 5.5 K Cr
• Adidas India to open 4-5 Stadium inspired outlets.
• Sony to make more smart phones and televisions in India
• Tata’s .JLR takes centre stage at Royal wedding
• Changing times: Captives bear Indian IT in hiring
• Myntra reduces losses by 25 % to Rs 655 cr in FY 17
• Raw Pressery raises Rs 65 Cr from Sequoia, Saama, others
• Faircent gets nod for P2P lending
• Foreign investment vehicles of cos. Under Taxmen’s lens
• Ranbaxy whistleblower petitions PMO to probe illegal approvals.
• Tier-II cities driving aviation growth: AAI
• Jaiprakash-JAL- to appeal against NCLT order
• Hindalco plans to raise Rs 5000 cr to repay bank loans
• Nifty enjoys support at 10,500 levels says ET
• Forthcoming NCD issues can offer up to 9.75 % returns-
• Birla group enters the fray to acquire IDBI Federal life
• Benefits of longer trading hours will outweigh costs”..et
• 5 OUT OF TOP 10 FIRMS LOSE Rs 57333 cr in M cap
• NPS scheme helps to save tax in several ways-Only seven NPS fund managers at present: ET—Do not base cane prices on FRP : Sugar industry : Sugar falls.
• US Oil output is rising, that does not mean price will fall : ET
• Pepper exporters hope centre will scrap Min. Import price to boost trade
• FPIs in exit mode, pull out Rs 18 K cr in May
• Top slots fall vacant in nearly 12 PSBs
• Gold bulls push for the exits on strong dollar : Russian Central Bank adds 17 tons of Gold to its reserves in April. Total crosses 2000 tons