GOODWILL BUSINESS DIGEST

  • Growth, inflation outlook prompts 25 bps repo rate hike, first in 4 years
  • Sebi orders probe into ASM list leak- on 31st May 30 stocks under ASM
  • Cabinet clears Rs 7000 cr bailout package for sugar industry
  • CTS tax case:  I T dept says CTS transferred profits to Non resident shareholders
  • Facebook admits sharing of user data with China firms
  • Maruti launches new hybrid 1.5 L petrol Sedan Ciaz
  • RBI increase Repo rate by 25 bps to 6.25 %Maintains neutral stance
  • No retrospective benefit for double gratuity hike
  • Clears norms for time bound closure of sick PSUs.
  • Essar steel may record its best performance this year- NCLT case pending
  • PwC: entertainment industry to reach Rs 3.5 Trillion by 2022.
  • Home buyers as Finance creditors: President gives nod for IBC ordinance
  • RBI allows PSBs to spread the Bond losses.
  • Rahul: Will waive farm loans if congress wins in MP.
  • Banks yet to figure out new-age banking. Customers insist on personalised banking
  • DoT: Airtel ruling won’t give Idea-Vodafone bank guarantee waiver
  • Infy has hired 4000 out of 10000 U S  locals as a strategy
  • ISRO has Rs 10 469/- cr in the tank to fuel 40 rockets. Air India delays 3 M salaries
  • Taj & ITC turn to Mgmt contracts for growth with light asset model
  • Air Asia’s Tony Fernandes fails to appear on CBI summons
  • Kirloskars to diversify into Fin. Services with new NBFC
  • Wage ceiling to be hiked from Rs 15 K to Rs 21 K to expand EPS net
  • FPI on sell-out mood: $ 4.4 Bn so far this calendar is the worst since 1999
  • Recovery on firm footing, output gap has almost closed: RBI
  • Traders go for bearish bets as midcaps struggle in June heat.
  • Tech stocks mixed: Banks lift S & P, DOW in NYSE- Amazon & Tesla lift index
  • Trump wants Kim to commit to disarmament timetable
  • China smashes steel gangs involved in $ 750 m export scam
  • Sebi extends date for Aadhar submission, till SC verdict- PAN must,
  • Canara bank, UK fined 896100 pounds under AMLA, debarred from taking deposit
  • RBI approves IDFC bank, Capital First merger
  • Qatar Airways to launch full-service airline in India
  • Electrosteel allots shares worth Rs 7400 cr to lenders
  • RBI’s new order to store all data locally will lead to more delivery centres in India
  • PMT Gas row: RIL, Shell, ONGC told to pay 723962 Pounds interim to India

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