A second whistle for SunPharma, RIL sets another benchmark, Jet Airways- Etihad Tussle- Weekly Digest #74

Monday- 14th January 2019 Talks among Jet Airways and partner Etihad Airways over a possible rescue are stuck over several stipulations by the former for making any further investment. Etihad has refused to pledge its shares as collateral against loans to the Indian carrier. VBL is in talks to acquire PepsiCo’s bottling, sales and distribution …

RBI increases repo rate, Jet Airways in trouble, RIL wins against the govt- Weekly Digest #68

Monday- 30th July 2018 Axis Bank reported a 46% fall in net profit in the Q1 to ₹701 crore from ₹1,306 crore on YoY basis. This has been attributed to a rise in provisions and muted other income. DLF Brands is shuttering the India store network of US women’s accessories brand Claire's amid trouble at the …

Vishal Sikka quits Infy, Aircel-Rcom merger approved, RIL fined- Weekly Digest #51

Monday- 14th August 2017 SEBI is examining the purchase of 8.9% stake credit rating firm CARE Ratings by CRISIL after the former complained that the transaction was an attempt at a potential hostile takeover. The Bombay High court has put up debt-ridden Sahara Group's Aamby Valley property at Lonavala for a public auction. The reserve price for …

Reliance Jio new 4G device, Wipro buyback, $3billion fine to RIL, Shell and ONGC- Weekly Digest #48

Monday- 17th July 2017 Diageo plc to hold back the remaining $35 million of the $75 million it had agreed to pay Vijay Mallya as part of a settlement. It will now seek to recover dues from him. The Gujrat HC has quashed Essar Steel's plea against the RBI directive asking lenders to initiate bankruptcy proceedings against …