RBI controls rupee price, Vedanta invests in Rival, RBI upholds objections against Tata Sons- Weekly Digest #39

Monday- 13th March 2017 No Major news as the market was closed on the occasion of Holi.   Tuesday- 14th March 2017 Nifty hit an all-time high of 9,112.75 points in response to BJP's decisive win the state of UP. It ended lower at 9,087 points. RBI intervened in the currency market to hamper profit booking …

Tata Sons’ new Chairman, Flipkart ropes in Top-Exec, NYLIC re-enters Max- Weekly Digest #30

Monday- 9th January 2017 Kalyan Krishnamurthy has been named the new chief executive of Flipkart while co-founder BinnyBansal has moved to the position of group CEO.  Krishnamurthy was a former executive in the New-York based investment firm, New York Life Insurance Company has picked up a 22.51% stake for ₹121 crores in Max-Ventures and Industries Limited. The …