12/06/2018

• IBC rule barring promoters in default, ”cannot be back-dated.”: NCLT
• Note-ban fall out: 90,000 ‘non-filers’ on tax radar. Deposited .Rs 10 Lakh-Dec 2016
• JLR to move Land Rover discovery production from UK to Slovakia
• Centre to raise $ 11 Bn by March by recycling operational assets of State firms
• Patanjali, Adani submit revised bids to acquire Ruchi Soya
• Avenue supermarkets notches up Rs 1 trillion market capitalisation
• Tata Europe union unconvinced over ThyssenKrupp merger
• Hyundai India targets 10 Mn milestone by first half of 2021
• Embassy group is top brand in office and hospitality segments.
• Tat Power bags 150 MW solar projects in Maharashtra.
• ‘If hair-cuts for corporate loans are possible, why not farm loan waivers. Niti Aayog
• Indian Railways will not be privatised, asserts Goyal
• Coal production up 15 % in first two months in Apr-May
• Fuel demand rises 3.8 % in May: Merchandise exports to grow at 10.6 %
• $ 1-Tri. Infra investment needed in 2-3 years : NIIF
• To launch Rs 500 cr credit enhancement fund
• Post RBI rate hike, India Inc.’s borrowing costs surge.
• ONGC’s cash reserves shrink to over 90 %
• Nysaa Retail to invest Rs 200 cr to open more stores across India
• Re up by 8 P vs $, Bonds decline, call rates end higher
• HSBC to spend $ 17 Bn by 2020 to expand in Asia
• Rupee gears up for action –packed week
• Allahabad Bank referred 65 a/cs to NCLT in FY 18
• SBI Global Factors set to provide credit protection, collection services to parent
• Bitcoin tumbles as South Korean exchange Coinrail hit by hackers
• RBI may raise NRI bonds to support rupee : BoAML
• ”Like checks for diabetes & BP, controls needed for data.” Former SC Judge
• Infy gets nod to delist ADS from Euronext Paris, London: Low volumes, in NYSE
• RJio is in top two among 18 telecom circles.
• Sebi weighs custodian to shield retail investors: Tighter rules for trading settlement
• Govt: No provision for summer breaks for NCLT, NCLAT.
• Recovery from NCLT cases, Loan sale to ARCs will help SBI recovery of Rs 50 K Cr
• Chinese VCs rush in for a Pie of Indian start-ups.
• Stressed projects: Govt. Mulls larger, multi sector plan. Auto sales up in May-12.1%
• Mobile Banking: PayTm tops volumes, Axis Bank value
• Stellar performance by D-Mart retail supermarkets- crosses Rs 1 Lakh cr in M’Cap.