GOODWILL BUSINESS DIGEST

  • SEBI imposes heavy fine on NSE, former MDs for showing favours to 3 Brokers
  • Mid and small caps miss the rally bus
  • Goldman Sachs investment partners and Accel US invest in Blackbuck
  • Need to closely monitor Asset Liability mismatch in Financial Sector: CEA
  • Bharti, Voda in talks with KKR for stake sale in Tower Venture
  • Higher imported gas prices dampen industry demand in 2018-19
  • Car dealers suffer due to up-rentals, staff costs, falling margins, liquidity crunch, GST woes
  • Robust GST mop-up in April boosts hope
  • Bid for Ruchi Soya: Lenders to take 52 % haircut, Patanjali buys.
  • Apple shares jump as trade-ins, discounts spark iPhone revival.
  • Maruti sales skid in April—weak demand , high overheads
  • Flipkart to acquire Namdhari’s Fresh
  • JIL: SBI calls urgent meeting of CoC: NBCC to buy
  • Cash strapped AI has as many as 20 planes grounded for repair
  • HC sets aside its single-judge order on NBFC registration
  • ADB plans to fund Rs 30 K Delhi-Meerut rapid rail corridor, four metro projects
  • CERC extends validity of 1.2 L renewable energy certificates as prices rise
  • Amrapali committed ‘First degree crime’ by cheating homebuyers: SC
  • GVK lost opportunity to exercise ROFR in MIAL deal, AAI tells Delhi HC
  • Hero Moto to speed up launches of scooters, premium bikes
  • Britannia Industries Q4 net rises 12 %, & 295 Cr
  • Essel group in discussions with Adani, CPPIB, Engine for sale of solar assets
  • Gujarat Govt wants to settle out of court with PepsiCo
  • RBI set to tighten liquidity mismatch limits for NBFCs
  • More assets sale only way out for Anil Ambani
  • Ravi Narain, Ex MD NSE resigns from Escorts, PI Ind. As SEBI bars him for 5 years
  • OYO to acquire leisure group for $ 370 mn
  • LT buys Siddhartha’s stake in Mindtree
  • Diplomatic coup for India: UN declares Masood Azhar a Terrorist
  • As US-China trade talks resume, Trump admin issues warning
  • Rakesh Jhunjhunwala’s value of holdings Rs 13022 cr in 29 stocks-KVBm Titan, Lupin, Federal Bank, CRISIL, VIP, Jubilant Life, Dewan Hsg, First source, Agro Tech, TV18
  • Future course of action after holistic legal advice: NSE Chief
  • UPI usage volumes dip 2 % m-o-m in April. –Iran tops India’s Oil supply

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