13th June 2018


  • Adani Wilmar – highest bidder for Ruchi Soya-@ Rs 6000 cr; Patanjali also in race
  • Trump-Kim summit ends high on promise but low on substance
  • Centre may add some real estate to sweeten AI sale- No bids so far.
  • Nafed sees scam in Gujarat groundnut procurement
  • RBI again seeks more powers to rein in PSBs : Governor gives evidence to committee
  • Sebi sets up expert panel for direct overseas listing
  • RITES –IPO- issue price band at Rs 180-185
  • Retail inflation at 4- month high; oil prices high but demand is not less
  • NCLT order on Cyril Mistry plea to be delivered on July 4th.
  • IBC’s Sec 29: Experts say Mumbai NCLT’s order threatens code’s intent
  • Swedish furniture retailer IKEA opens big shop in Hyderabad
  • Industrial output grows by 4.9 %: RBI interest rate hike to impact CAPEX:CII
  • NDA Govt. Built 73 % more highways than UPA’s last 4 years.
  • Govt considers Equity infusion into BSNL
  • Railways to trim 11000 posts across its network in FY 19
  • EVs: Mahindra group pioneers and in forefront of e-vehicles
  • AI losing Rs 15 cr per day, Govt may exit AI altogether
  • Accounts do not correspond with creditors’ claims, says ICRCL
  • Ashok Leyland to merge LCV units with itself, files for regulatory nods
  • RJio counters Bharti’s new tariff plans with additional data, discounts
  • TCS- M&G Pru deal expanded, now worth $ 1.2 Bn
  • Bharat Forge and its unit BF Intl’ buy 35.26 % stake in EV company from UK
  • Rupee down by 7 P vs $; RBI nominee shouldn’t be on PSB boards: Patel
  • A year after, NCLT resolves only two cases out of 12 referred.
  • Equity MFs record Rs 22,500 cr. Inflows in April-May
  • MSE platform for corporate debt securities
  • PNB mulls ESOP scheme of up to Rs 10 Cr shares
  • BSE, EBix insurance platform by year-end
  • Govt buys record 35 MT wheat, plans to hire extra storage
  • Farmers sow unapproved Monsanto cotton seeds, risking potential arrest
  • Gold remains weak on overseas cues, subdued demand.
  • CAI hike cotton crop estimates for 2017-18 season to 365 L bales
  • Washington apples in India to cost more due to import tariff; US objects
  • BHEL to partner foreign firms to make EV batteries
  • Drive for GST refunds extended by two days.

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