Uber-Didi Alliance, Baring Asia’s Turnaround, DHFL CPI Bonds – Weekly Digest#8

Monday- 1st August 2016 China's taxi service, Didi Chuxing, to acquire the China operations of its rival Uber.  The battle to outperform other had cost both the companies over billion dollars and hence the decision came as a shock. Uber now aims to focus on other emerging markets such as India. RBI encouraging Non-Banking Finance …

Verizon Acquires Yahoo, Tata- DoCoMo Legal Battle, GST path cleared- Weekly Digest #7

Monday- 25th July 2016 Yahoo! has entered into a deal with Verizon to sell its web business for a consideration of $4.8 billion. The consideration will  constitute an all-cash based transaction. Yahoo will be integrated with Verizon's AOL. Telecom Commission fixed the weighted average spectrum usage charges (SUC) at a minimum of 3% of the revenue. …