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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

Loan Recast: Banks & NBFCs At Par

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January 24: The Reserve Bank of India has decided to align NBFC loan restructuring norms with banks. Hence, asset classification benefit of restructured assets for NBFCs will be similar to what banks enjoy. Bloomberg TV India’s Saloni Shukla shares a detailed report on the same.