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FROM REUTERS : Pepsico In Bid To Acquire Vita Coco Owner: Sources I.T. MINISTER : To Meet I.T. Cos CEOs In First Week Of June: Reports : To Discuss Job Losses Issue With I.T. Cos CEOs NEWSFLASH : Bill Seeking H1B Limits Exemption For Foreigners With U.S. PhD Introduced ARCELORMITTAL : Wins Bid To Buy Italy's Ilva Steel Plant For Approx $2.24 bn: Reuters ARCELORMITTAL : Wins Bid Along With Steel Processor Marcegaglia: Reuters ZYDUS : Got USFDA Final Ok For Acamprosate Calcium Delayed-Release Tablets ZYDUS WELLNESS Q4 : Consol Total Income From Ops Up At 14.4% At Rs 121.5 Cr ZYDUS WELLNESS Q4 : Net Profit Up 9.1% At Rs 29.7 Cr DONALD TRUMP : Final Decision On Paris Climate Agreement By Next Week BIHAR CM : Rejects Suggestions Of Growing Bonhomie Between Him And PM BIHAR CM : Met PM To Discuss Bihar Related Issues NAGALAND ASSEMBLY : Passes GST Bill By Voice Vote At A Special Session Of The House G7 : Vows To Fight Protectionism, Unfair Trade Practices G7 : Ready To Beef Up Crimea Sanctions Against Russia INDIA CEMENTS Q4 : Net Sales At 1522 Cr Vs Rs 1305 Cr, Up 16% YoY INDIA CEMENTS Q4 : Net Profit At Rs 34 Cr Vs Rs 50 Cr, Down 32% YoY INDIA CEMENTS Q4 : EBITDA At Rs 191 Cr Vs Rs 209 Cr, Down 8.6% YoY CADILA HEALTHCARE Q4 : Revenue At Rs 2478 Cr Vs Rs 2334 Cr, Up 6% YoY CADILA HEALTHCARE Q4 : Net Profit At Rs 385 Cr Vs Rs 568 Cr, Up 32% YoY CADILA HEALTHCARE Q4 : EBITDA At Rs 536 Cr vs Rs 589 Cr, Down 9% YoY

Debt MF: One Week After The Panic

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July 23: A week after the RBI’s liquidity tightening measures, debt mutual funds struggle with a net asset values slump with many funds posting negative returns for the first time in years. Bloomberg TV India asks Kotak Mutual Funds’ Lakshmi Iyer about the situation and examines where NAVs for some key funds stand a week after the carnage.