GOODWILL BUSINESS DIGEST

  • With Rs 6000 cr bid, Tata Steel leads the race for buying Usha Martin
  • Digital transactions up in Banks; footfalls drop to 20 %
  • Targets for Ethanol-blended petrol may be missed again-supply constraints
  • Only 8 Private banks achieve good rating norms for digital transactions, rest failed
  • Brokers’ interest income from loans to clients faces tax axe. Nifty, BSE up
  • Tata’s RNT to invest in Ant Fin. $ 150 m
  • India, Iran to begin formal talks on Trade despite U S Sanctions threat
  • Nissan brings its electric cars to India
  • Taxman hopes to hit the jackpot in Goa casinos.
  • Heavy rains likely along West Coast.  Goyal to meet Bankers over the road ahead
  • Voda, Idea Airtel may lose users.  ICICI and Kochhar seek time for Sebi’s notice
  • IBC ordinance bars kin from bidding;  Indian Hotel’s sole bidder for Taj Mansingh
  • MSP for sugar mills not enough for cane arrears
  • Sony eyes Rs 2 Bn payoffs from FIFA 2018-world cup fever
  • Electrosteel, (taken over by Vedanta) shareholders to take further hit.19 P per equity share is being given to them
  • Combined Q 4 net profit of Nifty 50 undershoots forecasts by Rs 13,372 cr
  • Markets extend rally, realty, metals shine;
  • UCO Bank to recover major NPA via NCLT.
  • Mutual funds garner Rs 7000 cr via SIPs in April
  • Banks turn to blockchain to speed up trade
  • Analysts say repo rate hike done to boost Rupee, RBI refutes
  • Cashew kernel exports fall on declining interest from processors
  • Govt may impose anti-dumping duty on polyester yarn
  • Indian grapes exports fall 40 % on adverse climate
  • Oilmeal exports drop 33 % in May on low demand
  • The surge in paper imports worries Indian companies.
  • Oilmeal exports drop 33 % in May due to low demand
  • ULIP and Term protection plan to lead life insurance market
  • Consumers see less to cheer this year.RBI survey
  • CBDT marks Jun1—15 for fast disposal of pleas.
  • Double E Way Bill: Bengal and TN are first signs of States flouting GST norms
  • Fiscal deficit: India to cut Capex to meet target: Moody’s
  • Rural push: Jio sees its future in Bharat- fastest growing telecom in the country
  • Google again in EU’s crosshairs, this time over Android mobile OS
  • Govt seeks an explanation from Facebook  over data sharing

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