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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 FINANCE MINISTER : Govt Might Soon Exit Air India Totally FINANCE MINISTER : 84% Of Aviation Market Privately Owned, No Harm In It Being 100% Pvt Owned FINANCE MINISTER : Govt In Favour Of Exiting Air India Totally If Suitable Investor Available FINANCE MINISTER : Air India Has Thin Market Share But Massive Debt Of Rs 50,000 Cr FINANCE MINISTER : Government Has No Business To Run An Airline FINANCE MINISTER : Aviation Ministry Has The Right To Decide On Future Course For Air India FINANCE MINISTER : Aviation Ministry Considering All Options For Air India FINANCE MINISTER : NPA Resolution One Of The Biggest Challenges For Government FINANCE MINISTER : Want To Bring Down The Number Of Public Sector Banks FINANCE MINISTER : Looking To Create Few Strong Brands Instead Of Many Weak Banks FINANCE MINISTER : No Sense To Carry Weak State-Run Banks As Independent Entities FINANCE MINISTER : Work On Merger Of Some PSU Banks Could Become Public Within FY18 ONGC : Producing Natural Gas No Longer A Profitable Business For Co ONGC : Govt-Mandated Gas Price Significantly Below The Cost Of Production ONGC : Prices Have Halved To $2.48/Unit Post Implementation Of New Formula ONGC : Co Lost Rs 5,010 Cr In Revenue In Natural Gas Business ONGC : Lost Rs 3,000 Cr In Profit In Just Last One Year Due To Cuts In Gas Prices ONGC : Does Not Make Economic Or Commercial Sense To Invest In New Fields ONGC : Price Paid To Domestic Producers Less Than Half Of Rate Paid For Imported Gas ONGC : ONGC Has Sought A Review Of The Natural Gas Pricing Formula ONGC : No Reason To Disbelieve That Gas Prices Will Not Be Raised EPFO : Approves Hike In Investment Limit In ETFs To 15% From 10% Currently EPFO : Will Discuss And Take A Final Call On The Exit Policy At Next CBT Meeting BTVI ALERT : Government Took Decision To Invest 5% In ETFs In 2015 BTVI ALERT : Government Raised Investment Limit In ETFs To 10% In 2016 NOMURA : Gains From GST In Its Current Form Will Be 'Far Less Than Initially Envisioned' NOMURA : Current GST Structure Fairly Complex With Multiple Tax Rates NOMURA : GST Classified Into Groups Attracting Rates Of 5, 12, 18 And 28% NOMURA : Hope Govt Will Workout An Ideal GST In Coming Years NOMURA : GST Expected To Be Disinflationary In Long Term NOMURA : Disinflationary Trend Might Not Get Reflected In Near Term NOMURA : Remain Cautious On Pricing Behaviour Until After GST's Implementation NOMURA : RBI Expected To Tread A Cautious Path

“Will See Greenshoots In Investments”


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November 1: Finance Minister P. Chidambaram says, “Export performance has been very good in recent months. He adds that exports have picked up tremendously in the last three months.