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November 22: The Cabinet on Wednesday sought President’s approval for amending the Insolvency and Bankruptcy Code (IBC). To discuss this in detail, BTVI’s Pronoy Nath Banerji spoke to Corporate Lawyer, HP Ranina and Ashvin Parekh of Ashvin Parekh Advisory Svcs.
November 21: International operations currently doing well as tea prices increased by 30-40%, says Kamal Baheti, CFO at McLeod Russel.
November 21: Finance Ministry has begun consultations with real estate companies for GST. BTVI’s Ashutosh Kumar joined us with the details.
November 20: Agencies need to look at depth of reforms considered by Moody, says Rajiv Kumar, VC at NITI Aayog.
November 17: ITC is planning to expand its footprint in the food business in a major way. Apart from that, investments worth 10,000 crore rupees are on the anvil for the food processing space.
November 16: Plan to list general insurance business in coming quarters, says Amit Bapna, CFO at Reliance Capital.
November 16: Expect Q3, Q4 of FY18 to better as co is completing a few old contracts, says Ravi Jhunjhunwala, CMD of HEG.
November 15: Diwali quarter saw good handset sales this year, says Sudhin Mathur, MD at Motorola Mobility India.
November 15: None of the companies traded on Bharat-22 ETF can have a weightage of more than 15%, says Neeraj Gupta, Divestment Secretary.
November 15: After putting out tenders for 500 electric vehicles, EESL has now called a snap bid for charging stations for electric vehicles. The bidding happened yesterday over half a dozen and companies showed interest. BTVI’s Priyanka Iyer joined in with exclusive details.
Arm ONGC Videsh to acquire stake in offshore Namibia block
Ovl through ONGC Videsh Vankorneft has signed a pact with Tullow Namibia ltd
Will acquire 15 % participating interest in Namibia petroleum exploration license
Financial Express Reports
Is one of the 5 shortlisted vehicle manufacturers selected by united state postal services
Will supply prototype delivery trucks got its postal service
Order expected to be for about 180,000 units
Also plans to launch SUVs from Koreas Ssangyong motor company
Financial Express Reports
Apple cuts iphone x retailers margin to 4.5%
Apple has reduced retailers margin by 30%
Co & BGR infra consortium win Talaipalli coal block mining order
Co, BGR infra consortium coal block order is worth Rs 25,070 Cr
Order to be executed over 25 years with annual revenue of 1000 Cr
SPV between NCC and BGR in the ratio of 51:49 to be formed
Coal production from this block expected to commence from 2019
Peak capacity of 18 mn tonnes to be achieved in 5th year of operation
Cuts prices of shampoo, air freshener, skin care products by 9%
Lower prices of some products by 9% to pass on GST rate cut