daily news: our picks

With the Reserve Bank of India (RBI) asking the administrator of Lakshmi Vilas Bank Ltd (LVB) to write down Tier-2 bonds worth Rs318.20 crore, several investors who bought these bonds are staring at huge loss. Earlier, the RBI has written off entire equity capital of LVB following the...
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  • Computer Age Management Services Ltd (CAMS) is a mutual funds (MFs) transfer agency with a focus on technology-based solutions. It offers services to alternative investment funds (AIFs) and insurance companies, through service centres, white label call centres, online mobile applications and...
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  • The National Anti-profiteering Authority (NAA) has imposed a penalty of Rs241 crore on three subsidiaries of the Procter & Gamble (P&G) group for alleged profiteering by not passing benefits of the reduction in the Goods and Services tax (GST) to consumers in November 2017.   Quoting...
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  • While extending an interim bail granted to Republic TV's editor Arnab Goswami, the Supreme Court on Friday said liberty is not a gift for the few and courts from across the country should use its judgement for future cases for bail.   In the judgment, the bench of justice Dr DY...
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  • The size of the Indian plastic pipes industry is estimated to be Rs300 billion with 60% of the demand coming from the agricultural sector and the remaining 40% from the housing & building construction sector. Within that, the PVC (polyvinyl chloride) pipes and fittings segment in India was...
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