GOODWILL BUSINESS DIGEST

  • Big four audit firms barred from law practice KPMG, PwC, EY & Deloitte: Delhi Bar Council.
  • Hind Unilever posts 18 % rise in Q 4 profit.
  • JP Infratech : Creditors reject Suraksha’s bid
  • Godrej properties buys Mumbai’s iconic RK Studios: market value pegged at Rs 200 Cr
  • Forex reserves with RBI rises by $ 4.368 Bn to $ 418.515 Bn thanks to $ Swap
  • Jet’ foreign rights may be take away by other operators abroad
  • CTS sharp cut in estimates impacts other IT stocks
  • Rural slowdown limits HUL’s Q4 sales growth
  • Phase 4 voting rises 3.88 % from 2014
  • Soon, Channels may need army nod to telecast terror outfits’ videos
  • Builders to levy 12 % GST on PLC: AAR
  • Bandhan bank: We will try to reduce promoter stake through offer for sale.
  • Bandhan beats expectations, With 68 % jump in Q4 profit
  • SAT sets  aside NSE’s 2017 order against OPG securities
  • Anil Goel, leading individual Investor makes Rs 150 Cr this year on mid-caps.
  • Ajay Shah and Susan Thomas –husband & wife duo steal NSE data to build algorithm- based trading instead of doing research as claimed, being convicted.
  • Std Life to sell 78 % in HDFC Life
  • M&M launches facelift of Compact SUV TUV 300
  • DLF transfers Noida Mall to its subsidiary for Rs 2950 cr
  • Birla Corp. Q 4 profit falls 2.23 % to Rs 128.19 Cr
  • Tata Chem. Net profit up 26 % at Rs 450 cr in Q4
  • Voda Idea partners IBM for Tech. Outsourcing
  • Pepsi sues farmers in Guj. For using their regd. Variety of potatoes used for making Lay’s
  • WallSt Climbs, Dollar dips in wake of U S Payrolls report
  • US Unemployment rate falls to 3.6 %
  • Uber hit with class action suit in Australia ahead of stock listing
  • SoftBank planning IPO of $ 100 bn vision fund
  • Foreign Govt leases at Trump world tower more emoluments concerns
  • Elon Musk owes $ 507 Mn to Banks helping Tesla Raise Capital
  • NSE considers caps on sector weights in Nifty 50 Index
  • Defaults by ILFS must be declared NPAs: IRDAI Chief
  • Co location case: SEBI relaxes order on OPG Sec. –may close open positions in 2 months

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