News for 14-10-2018

Here are the major News for 14-10-2018 compiled from various sources, simply click on the given link to read the respective news item. Please feel free to add your comments to indulge into meaningful discussions and debates on the topics:

News for the day: What’s it about Relevant for:
The Hindu:
Uday Kotak and Team in IL&FS rescue About the fate of IL&FS, that has been in news for being a defaulter of Rs. 90000 crores. Market, IL&FS, Indian Economy

US China trade row not a threat to the world economy Increasing competition and face off betweeen US and China in the realm of international trade is being seen as a threat to the international economy, and more particularly to the third world. However, the experts argue that the assumptions are overstated. World Economy, International Trade, WTO
Business Standard:
Infosys acquires Finnish saleforce firm consulting into Fluido for Rs. 5.45 billion Infosys, India’s second largest IT services firm, has successfully completed the acquisition of Finland-based company Fluido. Economy, Infosys, Mergers & Acquisitions
India must tap new equity route to meet 100GW solar power target: Report An additional funding of USD 140 billion is required to achieve the ambitious goal set by the Government to produce 100GW of power by solar energy by 2022. Power, Environment, Solar Power
BOB Chief faces these challenges ahead of merger with Vijaya, Dena Bank After getting an extension in his term as MD-CEO of Bank of Baroda, Mr P S Jayakumar faces a number of challenges to take ahead the merger plan proposed by the government. Banking, Bank of Baroda, Dena Bank, Vijaya Bank, Mergers & Acquisitions
SEBI likely to order forensic audit of half a dozen listed companies Companies facing a steep decline in the share prices might come under the forensic audit of the SEBI, to check if the assets and liabilities are prooperly stated in the books of the companies SEBI, Economy, Companies

 

Articles you might like to read What’s it about Relevant for:
The Hindu:
No special editorials for today

 

Enjoy Reading!!

regards

Banker Forum

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