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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

“Fiscal Picture, Rev Growth Outlook Gloomy”

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January 1: The alarm bells might have gone off early for the Finance Minister this new year, as the fiscal deficit for the first eight months of the current fiscal hit an unprecedented 94% of the full year target. The April- November fiscal deficit came in at Rs.5.09 lakh crore. Bloomberg TV India speaks to Aditi Nayar, Senior Economist, ICRA, to learn the implications of the ever-increasing fiscal numbers.