GOODWILL BUSINESS DIGEST

  • More than one fifth of all PSB(public sector bank) loans can go bad, warns RBI
  • LIC likely to face regulatory hurdle in IDBI Bank buy-out
  • Vodafone-Idea merger gets shareholders’ nod, Telecom approval awaited
  • Vijay Mallya breaks silence, slams ‘wilful defaulter’ tag
  • Now, withdraw up to 75 % of PF after 30 days, if without a job
  • US top court backs Trump’s travel ban several Muslim countries.
  • Nissan Motors chooses Kerala to set up digital innovation hub
  • Hero Motors to invest Rs 250 cr make e-bikes in Punjab’s Cycle valley
  • ITC seeks shareholders’ approval to extend Devashwar’s term
  • Piramal arm sells stake in PISA to UK’s Alliance Medical
  • Air Asia case : Tata Sons backs Venkataramanan
  • Toyota to net the millennials with its internet-ready Corolla
  • Dailmer to invest $ 700 m in Merc’s S.Africa plant
  • MFs seek Sebi intervention in distributor commissions.
  • FY 19 Monthly GST Mopup to be at Rs 1 L Cr
  • Reliance Jio crosses 200 M – user mark. Mallya seeks to sell $ 2 bn in assets
  • Know-how IoT harbour cyber threats: Stressed public sector banks need capital.
  • Singh brothers demand dues write-off in lieu of Fortis brand
  • Rs 250 bn disinvestment deadline draws near. Centre eases oil exploration norms
  • GST mop-up will touch Rs 1 trillion a month in 2018-19
  • Delay in Tata Tele biz sale to hit valuation.
  • Jaya Shree Textiles may look at shifting unit out of Bengal
  • Endurance on a ride as 2-wheeler demand rises:
  • The firm doubled m –cap to Rs 175 bn in 20 months.
  • US FDA approves Aurobindo Pharma’s generic injection
  • Fitch retails Airtel’s ratings at BBB-, outlook stable.
  • Varroc IPO subscribed 33 % on Day One.
  • Madras HC Judge rescues from Cognizant-income Tax case-Rs 28 Bn dues
  • Amazon stakes claim to top fashion platform.
  • Farm debt waiver hits credit off -take.
  • Ashok Leyland’s LCV unit takes U-Turn with Rs 1.34 bn profit.
  • Fiscal situation firmly under control: Modi
  • Institutional investors should step in to aid infra financing.
  • May set 2 steel units to handle scrap. Finance panel may revive sops for States
  • 430 stocks trading below face value:
  • “Despite positives, Lupin not a re-rating candidate.” B Std

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