30th  Aug  2018


  • Centre asks RBI to identify PSBs for merger
  • After bad loans, RBI flags rise in Bank frauds too.
  • Much DeMo about nothing: Close to 99.4 % of scrapped notes returned to Banks
  • Walmart eyes on ‘start-ups’ and hire best minds thro’ ‘AcquiHiring” route
  • Varnished Currency notes to improve life—RBI proposes
  • M7M seeks injunction against Fiat’s complaint in US
  • NCLAT admits Mistry’s plea against NCLT order upholding his removal
  • Cabinet approves 2 % hike in DA for central govt staff, pensioners
  • Nod for IRDAI’s pact with US insurance regulator.
  • Adani completes acquisition of RInfra’s power businesses; will retail electricity in Maha’ state
  • Paper industry upbeat on demand growth: expansion likely soon
  • Lanco Babandh faces insolvency proceedings: NCLT appoints IRP
  • In acquisition mode, NTPC scrutinising power projects, including stressed assets
  • Nalco declares record dividend @114 % as net profit doubles
  • Dollar demand, trade deficit drag rupee: Surging oil, fallin Re. temporary
  • Disclose info. On wilful defaulters of over Rs 50 cr loans: CIC to FinMin, RBI
  • To reduce debt, ILFS to go for Rs 4500 cr rights issue, divest assets
  • Aditya Birla forms JV with Varde partners to invest $ 1 Bn in stressed assets
  • Nirav strategy: Diamonds non-existent or were round tripped
  • Pricol to invest Rs 225 Cr in expansion, new units
  • Mazagon Dock eyes capacity expansion, portfolio diversification
  • Vedanta gets Rs 975 Cr penal notice on mining royalty dues
  • RBI’s surplus transfer to centre up 63 %
  • To prevent default, lenders must be proactive in monitoring credit: RBI
  • RBI fire-fights to protect capital outflows
  • Cyber ins. Gaining traction beyond the BFSI sector
  • Money from Creditors, payment by Saudi Telecom keep Aircel ringing
  • Rupee dives 49 P to end at fresh lifetime low of 70.59 vs U S $
  • Racing to the 40,000 point mark- Sensex has blown past other major benchmarks
  • India expects clarity on Iran oil cut after U S Meeting
  • India posts Payments bank’s spending raised by 80 %
  • India may breach 3.3% Fiscal deficit target says Moody’s
  • Keral Floods: Ins claims mount-more than 11000 claims worth Rs 1200 cr filed
  • AI disinvestment will not happen in near future: Govt official to Parl. panel
  • Jain Irrigation bags Rs 127 Cr contract from Rwanda Govt

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