Jet Airways ownership diluted, Yes Bank comes clean, Economic measures against Pak- Weekly Digest #76

Monday- 11th February 2019 The parliamentary standing committee on IT refused to meet representatives of Twitter India, insisting that CEO Jack Dorsey would have to appear before it in 15 days. The committee has insisted on meeting someone who can be held accountable for Twitter’s actions in India. The government is aiming to raise ₹5,316 …

ZEE Chairman dramatic letter, More troubles for Chanda Kochhar, Over 200 hotels exit Oyo- Weekly Digest #75

Monday- 21st January 2019 The RBI has outlined norms for private parties to apply for the development of retail payment systems such as IMPS, UPI and others. It has said that it could allow multiple entities to set up payment systems in India to encourage competition as there are very few players at present. In …

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 …

Maggi in trouble, Reliance Jio – RCom deal revives, Jet Airways crash – Weekly Digest #72

Monday- 31st December 2018 The RBI has forecasted gross bad loans will decline to 10.3% of total loans by March 2019 from 10.8% at the end of September 2018 and 11.5% in March 2018. This is the first time since 2015 that the regulator has believed that the industry will report a decline in NPAs. …