Monday, 29 July 2013

NEWS WRAP - JULY 29, 2013

  • Etihad makes major concessions in favour of Naresh Goyal to speed up Jet deal.
  • Aadhaar or Cards: UIDAI and Banks disagree on use of biometric Authentication at ATMs.
  • Omnicom, Publicis merge to form World's biggest Advertising Firm worth more than $35 billion.
  • After Tavera, General Motors India may recall Sail Sedan, UV-A too.
  • Maruti to retain focus on Small Cars for growth in India says MD & CEO, Kenichi Ayukawa.
  • Rupee Fall, Monetary tightening lead Mutual Funds to shed pricey FMCG, Healthcare and switch to IT Sector.
  • RBI Policy and US Federal Reserve meet to keep D-Street on egde.
  • LIC invests Rs. 8700 crore to raise stake in 17 Blue Chip Companies.
  • Holcim to form Panel to integrate Ambuja, ACC operations.
  • IPL Spot-Fixing Scandal: Raj Kundra, Owner of Rajasthan Royals get clean chit; Srinivasan may return as BCCI Chief.
  • Walmart halts India-specific lobbying in US.
  • Usha Sangwan to be First woman Managing Director at LIC.
  • After Bharti Airtel, Department of Telecommunications (DoT) to issue Rs. 100 crore Notices to Vodafone.
  • Heavy Rains damage Soybean Crops in Madhya Pradesh, Cardamom and Pepper in Kerala.
Source: Economic Times

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