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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

Commercial Litigation Has Increased: Anand Desai

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December 19: Anand Desai, Managing Partner, DSK Legal, says that companies are increasingly trying to get out of the debt crisis. Further he adds that the companies’ exposure to commercial issues is more now.