GOODWILL BUSINESS DIGEST
- Corporate loan growth signals revival of economy: Banks are loosening their strings
- Lapses at PNB go beyond Mumbai branch:
- Bosch eyes Rs 1700 cr investment in IoT and AI.
- Arvind to scale up Textiles business to Rs 1500 cr in 2023
- GSK takes drug fight with Gilead to top, AIDS meet.
- Hospitality firm OYO into Chinese market, expands in 26 new cities
- OPPO enters the premium Handset Market with FindX
- Hyundai teams up with Audi to boost hydrogen cars
- Taj group wins bid for premium Delhi hotel Connaught in NMDC auction
- Sirpur Paper Mills on the revival path, NCLT backs JK Paper’s resolution plan
- Full PF Withdrawal may face problems: Only 60 % maximum likely soon: EPFO
- Power sector suffers due to assets going to NCLT; seeks regulatory leniency
- E_Way Bill: Transporters can now use common enrolment No. across States.
- Coal supply to power sector eases even as sponge iron, cement suffer
- Peak GST Tax @ 28 % plus VAT likely for fuels.
- Air India sale put off as there is no buyer: Sebi disallows AI
- Anrak Aluminium steps up effort to revive Vizag refinery
- VE Commercial vehicles with new launches, to regain share in LCV segment
- India, the top flavour for German food firm Dr. Oetker; to launch new products
- 21st Century Fox agrees to $ 71 Bn Disney bid: Bloomberg
- Muthoot Fincorp, NSDC, to do 10,000 job-ready in 3 years
- UAE Exchange to expand NBFC business under new brand Unimoni;
- BOB partners with Accenture, IBM to drive growth through Technology
- As rates rise, RBI buying brings in some respite in bond market.
- L & T Finance eyes 30 % growth in Micro loans
- Chennai based BankBazaar aiming for 600 % growth in international business
- ARCs are not the solution to bad loans mess: May aggravate the issue:
- Hinduja Leyland Fin. Revives IPO plan: Files papers with Sebi
- Retail investors clamber on board Rites IPO, good response on day one: 60% done
- IIFL Wealth Mgmt to raise Rs 745.71 Cr—issues 5.1 % Equity to Marquee Fin.
- Rs 4 K Cr credit to Adani Wilmar by Std Chartered, DBS to buy Ruchi Soya
- Next to Wipro, HCL Tech on buying spree-invests Bn. Dollars in IT companies
- Jet inducts First of 150 Boeing 737 Max Planes
- Lohia Auto industries forays into Nepal market
- M& M launches TUV 300 Plus at Rs 9.59 lakh- 9 seater vehicle