GOODWILL BUSINESS DIGEST

  • At last, PNB has made it to be in Profit range in Q1
  • Maruti net plunges 32 % on sales dip, depreciation costs
  • Vedanta Agarwal exits Anglo American with $ 500 mn gross gain
  • As data localisation gathers steam, RailTel goes on cloud offensive
  • RCom’s submarine cables arm asks holders of $-denominated bonds for more time
  • Former employees get PF dues—JSW Steel profit slumps 58 %
  • Bajaj Auto profit dips 3 % to Rs 1012 cr; JSW Steel net slumps 58 % to Rs 1058 cr
  • IndiGo searches for woman director
  • Govt divided over plan for exclusive local data storage
  • RBI to ease priority sector lending norms for exports
  • Weatherman rings alarm bells, warns flash floods in may parts of the country
  • Govt drops plan for easier retrenchment
  • ICICI Bank may raise Rs 15 K cr equity in FY 20
  • IndiGo wants to bid for Jet’s assets
  • Yes bank, Asian paints , Sun Pharma gain: HDFC, TaMo, Tech M  lose on Friday
  • Voda-Idea loss widens to Rs 4908 cr in Q1; Jio emerges as no. 1
  • U S economic growth slows to 2.1 %
  • MFs refuse take out of turn haircut, seek resolution plan
  • DHFL to soon  submit proposed plan to all lenders
  • Project bidding: Andhra to have mechanism for judicial preview
  • Govt proposes scrapping of vehicles older than 15 years
  • Amazon seeks stable e-Com policy
  • Future trades in commodities: Staggered delivery period fixed for min 5 days
  • Rice exports may hit 7 year low on weak demand, higher prices
  • Rain deficit shrinks to 16 %, sowing down 6 %
  • Essar makes natural gas recovery in Vietnam
  • No instances of HT BT cotton cultivation: Govt
  • CPCL BS VI fuel project likely to be completed by Sep-Dec
  • RIL’s refinery complexity index rises to 21.2
  • India received satellite data from 8 nations
  • IBC: Liquidation to be completed by one year RBI
  • Guv: Currency manipulation charge reflects bilateral hegemony
  • NIIF eyes $ 1 Bn more from overseas investors
  • Maintain hold on Tata Steel with target price of Rs 520: F E

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