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Weekly news


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Weekly news

  1. 1. WEEKLY NEWS<br />Submitted By:-<br />Amrit Gill<br /> MBA-2A<br />
  2. 2. Reliance missing in Euphoria<br />Investors are disappointed with the Reliance Contribution’s to the market in the last four months.<br />PIL shares have risen only 3.7% in the last four months as compared to total market increase which was 22% it is very less.<br />
  3. 3. C-17 deal between India-US<br />Largest defence deal between India-US of acquisition of 10 C-17 globe master transport aircraft by the Indian air-force is likely to be inked during US president’s visit to India during November<br />C-17 are used for airdropping paratroopers, suppliers, emergency evacuation and carrying heavy equipments like tanks<br />Total costs for this deal would be around $3.5 billion, making it the biggest defence deal.<br />
  4. 4. Pay less for pension account maintenance<br />NSDL has reduced the annual account maintenance charges to Rs 280 from Rs 350<br />Under present structure a subscriber has to pay atleast Rs 470 as initial charges in the first year and Rs 350 annually to National Securities Depository Limited for the maintenance of account.<br />CRA’s transaction fee has come down to Rs 6 per transaction from the present Rs 10. <br />
  5. 5. EU to drop Apple probes after firm policy changes<br />EU anti trust regulators will scrap two investigations into Apple Inc’s iPhone after the company allowed cross-border repair on applications for its popular Smartphone.<br />The EU executive had launched two preliminary investigations in the spring into Apple’s business practices related to iPhone.<br />
  6. 6. Contd….<br />Apple’s policy specified that repair services for the Smartphone only in the country of purchase and the requirement that applications developers could only use Apple’s programming tools to write iPhone apps.<br />The Commission can fine companies upto 10 % of their global revenues for breaching EU antitrust rules.<br />
  7. 7. THANK YOU…….<br />