As the government won the vote 319 to 303, the Prime Minister dubbed it as a crucial step in delivering a smooth Brexit
China, Britain and the European Union lamented Washington’s decision to withdraw from the U.N. Human Rights Council as Western countries began looking for a substitute for the coveted seat.
The Macedonian parliament formally ratified a landmark name agreement with Greece, paving the way for Skopje’s admission to NATO and the opening of accession talks with the European Union.
The rupee staged a good comeback, recuperating by a sharp 30 paise to end at 68.08 against the US currency on heavy bouts of dollar selling by banks and exporters with equities gaining ground.
A former leader of London’s financial district believes Britain is unlikely to get generous access to the European Union financial market after Brexit.
May faces a showdown with rebels in her Conservative party after refusing to accept demands for parliament to have a “meaningful vote” on Brexit.
Germany and France’s economy ministers said that EU’s future economic success depended on more structural reforms, perhaps encouraged by a special fund.
The rupee nosedived 39 paise to hit a near one-month low of 68.38 against the US dollar as escalating trade threats between the world's two biggest economies continued to spiral.
Ifo institute said it expected the German economy to grow by 1.8% this year and next, citing a weak start to the year and increased risks as reasons for revising down its previous forecasts.
Bank of England will be looking to see if Britain’s economy has recovered from a severe winter chill as it weighs the prospects for a future interest rate rise this week.
ICICI BANK
I-T department probing acquisition of Chanda Kochhars Mumbai Residence
I-T department looking into acquisition of the residence by Deepak Kochhar
Acquisition of residence said to be linked to firms of Videocon group
Indian Express Reports
BANK OF MAHARASHTRA
3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune
Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers
Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr
IPO UPDATE
RITES IPO subscribed 0.6x on day 1
Fine organic industries IPO subscribed 0.12x on day 1
IDBI BANK
SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank
B Sriram is the longest serving PSB MD
B Sriram Has Experience In Managing Stressed Assets
INDIAN HOTELS
Wins bid for Connaught Place in Delhi
Taj Group wins 33-year lease for Connaught Hotel in E-auction
Offered to share 31.8% of annual revenue earned with civic body
INDIGO CLARIFIES
Have not received any notice from ED on FEMA violations
WELSPUN CORP
U.S. to levy tariff on Indian welded pipes
U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India
China, South Korea, & Turkey to also face duties from U.S.
U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017
U.S. International Trade Commission scheduled to make a final decision By Dec 20
@BTVI