Friday, 2 January 2015

NEWS WRAP - JANUARY 2, 2015

  • Excise Duty on petrol, diesel hike by Rs 2/liter, to generate funds for building roads; no change in retail price.
  • Top Private Equities including Apax Partners & Tamasek eye a deal in Metropolis Healthcare with Warburg Pincus considering to exit.
  • Amazon considering to offer music, movie and video streaming services in India.
  • Competition Commission of India approves IBM-Globalfoundries deal.
  • Prime Minister to head Planning Commission; now NITI ( National Institution for Transforming India) Aayog.
  • Airports Authority of India (AAI) warns GoAir against rising dues of Rs. 42 crore.
  • A co-branded credit card to be launched by LIC International in collaboration with UAE's first gulf bank.

Source-Economic Times

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