GOODWILL BUSINESS DIGEST

23-07-2018 

  • Govt expects compliance to make up Rs 9000 cr GST foregone for consumers good.        Bond effect;- Fixed maturity plans on a high.
  • Union Bank moves to tighten credit appraisal, monitoring
  • Rooftop solar installations cross 1 GW
  • ECL Finance to raise Rs 2000 cr from NCDs
  • Kumar Birla steers talks to bring Home Aleris, Hindalco to acquire
  • Discretionary spending likely to gather steam
  • Relief for banking, Infra and IT sectors from GST
  • Avenue Cap to pick up majority stake in Arcil for Rs 1000 cr
  • SpiceJet MD need not dilute his stake. Air Asia without CEO
  • Iran sanctions Pinch Tea Traders here: Tea expensive for them now
  • Sebi warns MFs against flouting Distributor commission norms.
  • Rupee losing streak may reverse after Trump’s dollar comment
  • SBI, other banks likely to sign Inter-credit agreement today
  • IHH audit panel Chair said No to Fortis buy
  • Flipkart gears up for BBD sale, to step up hiring
  • Super computer mission on track, 1st one by Dec
  • DoT wants RCom to pay Rs 774 cr in bank guarantees
  • VTION gets $ 280,000 from Angel List India.
  • J&J offers TB drug for $ 900 after donation program. Ends
  • NPCI stops UPI pay within same account
  • Oil PSUs spend 20 % of annual Capex in Q1
  • Rising digital puts CTS on $ 1.0 Bn path
  • Double digit growth of IT FMCG cos. give strong start to Q1 results season
  • Bad Loan AMCs may see inflows of $ 10 Bn from Global FIs
  • “Close positions in physical settlement’ stocks early: Brokers
  • Currency war to hit emerging markets
  • PAT of top 23 auto just 2.8% of total gross turnover
  • Tax on actual tariffs to improve  yields & Occupancy : Hotel cos.
  • Bajaj Auto eyes 20 % domestic market share
  • Honda adds 81 % to the incremental scooter volume
  • PM calls meet to  set Infra’ targets
  • Spices gain, onion falls.
  • Foreign Portfolio investors pull out Rs 2000 Cr in July month
  • Gold cracks Rs 31000 on weak global cues
  • Ports see 19 % surge in thermal coal imports

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