GOODWILL BUSINESS DIGEST

Bankers seek independent panel to scrutinise charges;
Only 2 PSBs pay dividend to the Govt.-Indian Bank and Vijaya Bank
RIL-JM Fin. To take over Alok Inds as lenders settle for 83 % haircut
Drone to monitor Railway tracks and improve safety
Opec to raise Oil output from July 2019.
ICICI Bank: Whistleblower’s charges against 31 big loan accounts
India seeks fugitive tag for absconding Mallya
IDBI Bank: LIC in the running to buy govt stake upto 40 %
RITES IPO done 66.88 times, Fine Organic 8.8 times
Iran Oil: India to go back to payment in Rupees
IPs may step down only on health, legal grounds
Virtual ID: RBI asks banks to tweak systems by June 30 th
Gujarat relaxes coal ‘tolling’ norms: G-Secs slip, call rates rule steady
PM to inaugurate AIIB meet on June 26^th at Mumbai
Strong signal: COAI for 5 G auctions around H2 of 2019
For the 4^th time, PMO denies time to Kerala CM
Rs 3503/- cr debt: Lanco Kondapalli’s power plant put on sale by lenders
Hotel Leela defaults on interest payment on NCDs to LIC
Ultratech Cement estimates capex of Rs 2500 cr for FY 19
JSW Steel to invest up to $ 500 mn in U S based Steel mfg. unit
Bond yields to stabilise soon, says Eco. Affairs Secretary
BOMaha arrests: IBA rallies behind Management; seeks govt. help
Rupee logs 3^rd straight gain, up 14 P to 67.84 vs $
Forex reserves fall by $ 3.03 bn to $ 410.070 bn
Bharat – 22 ETF gets bids worth Rs 12,500 cr. So far, issue overdone
Sebi bans NICL India, directors from markets for 4 years, asks to refund amount
HDFC Bank only domestic brand in BrandZ’s top 100 Global list
Sebi imposes Rs 25 L fine on 2 promoters of Parsoli
Slowing monsoon: Khariff acerage drops 9 %; but likely to reach last year’s.
Order to shut Sterlite Copper plant a policy decision: TN to HC
Oil prices up almost 3 % as Opec agrees to increase output
Gold recovers on global cues, buying by jewellers up
Skoda to lead V W’s renewed India foray
LT Hydro carbon unit scripts turnaround
Tata Consortium bags Rs117 bn Mumbai project
TAL aims to grab over 20 % share in robotics market