BSE-Twitter ties,Jubilant Foodworks slumps, Union budget modifications- Weekly Digest #15

Monday- 19th September 2016 Bombay Stock Exchange has partnered with Twitter to provide live updates of Sensex levels, stock prices and opening and closing figures of Sensex companies. This will be Asia's first such collaboration between a stock exchange and a social media platform. Chinese real estate giant Dalian Wanda has announced a $10-billion investment …

Reliance dominates news, Amazon’s​ new CMO, SEBI disappoints PSBs- Weekly Digest #14

Monday- 12th September 2016 The Government has shortlisted three merchant bankers , Citi, Morgan Stanley and ICICI Securities to divest minority stakes held in listed and unlisted companies through the Specified Undertaking of the Unit Trust of India (SUUTI). To protect the consumer interests, India is looking to set a maximum cap for surge pricing  for …

Railway Budget Unifying Proposal, SPN-BCCI Tussle, Mastercard sued- Weekly Digest #13

Monday- 5th September 2016 Railway Minister Suresh Prabhu said in a statement that various rail subsidies such as for defence personnel, senior citizens and others to be borne by their respective ministries to lighten the burden of railways. He also said that railway budget should be merged with the main budget, a practice followed everywhere …

Jio’s Stellar Launch, Paytm raises funds,Cement companies fined- Weekly Digest #12

Monday- 29th August 2016 To acquire the UK and Irish business of Israeli generics maker Teva, last remaining contenders are two local companies, namely Aurobindo and Intas. Both the companies have submitted an offer of near $1 billion. The decision to be taken in a next few weeks. Niti Aayog Vice-Chairman Arvind Panagariya has said in a …

AB Nuvo-Grasim Merger, Yes Bank’s share sale, CBI search JAL Offices- Weekly Digest #9

Monday- 8th August 2016 Deepak Parekh, HDFC's chairman, and Analjit Singh, chairman of Max Group announced  the merger of their life insurance businesses. This will create a new entity, which will be India's largest listed life insurance company with an estimated market value of Rs67,000 crores. The government has announced  opening date of the largest spectrum sale …