GOODWILL BUSINESS DIGEST
- GDP growth at 7.7 % hits 7-quarter high.
- Sensex gains 416 points on macro optimism
- Core sectors grow 4.7%. GST and Note ban to improve tax collections : Moody’s
- Auditors raise guard on corporate breaches. Quit for violations
- Petrol down by 7 paise and diesel by 5 paise per litre – Great relief!
- NCLAT admits JAL plea against NCLT order
- No One is ready to touch sick Air India- No bids till last day.
- Sugar crisis : 30 Lakh tons buffer stocks soon says Paswan, Minister
- 8 infra sectors record growth of 4.7 % in April
- Non food credit growth rises to 10.7 % for April: RBI
- Centre’s FY18 fiscal deficit at 3.53 % , a tad higher than estimates
- All States on E-Way bill route by June 3rd
- As Power Ministry seeks to make green retrofitting cost a ‘pass on’, tariffs to rise
- Livestock farmers cry over import of processed chicken legs from US
- Maharashtra Ties up with Tata Motors, M & M to deploy 1000 e- vehicles.
- SAIL records profit for 2nd straight quarter.
- German major Freudenberg invests Rs 210 cr in Chennai unit
- Cyrus raises concerns over credibility of Tata Trusts’ top functionary
- Azure power raises $ 135 m from IFC and EU banks
- Govt may have to sweeten the deal for Maharaja Stake sale.
- Air Asia: ED set to file case under PMLA
- Warburg buys legal & General’s 26 % in India First Life for Rs 710 cr
- India may reach out to European countries for Iran oil trade.
- RBI decides to bring parity among NBFCs next year.
- FB’s WhatsApp to launch digital payments service in India. IT Min. Probes.
- Govt shelves new RTI rules after flak
- Air Asia, other frauds legacy issues being cleansed
- Govt fights back as NCCF brass strips it of control
- Samsung India hits Rs 50 K cr milestone in FY 17
- Coolpad open to taking Xiaomi to court in India
- Maruti aims to sell over 2 lakh units with AGS Tech
- Canon India announces Rayo mini projectors in India
- Toyota domestic sales up 20 % to 13113 units in May
- Apple is set to unveil software that helps cure iPhone addiction
- Pine gets $ 125 m from PayPal and Tema
- CoinTribe gets $ 10 m in series B
- PhonePe scores $ 20 b annualised gross transaction run rate.
- Amazon seller services losses zoom 31 % in FY 17
- Alibaba wants to cash in on online payments
- Flipkart internet trims losses by a third in FY 17