Federal services provider CSRA partners with Google Cloud

Mar 22 2018

CSRA Inc, the target of rival bids from General Dynamics and CACI International Inc, said on Thursday it had partnered with Alphabet Inc’s Google Cloud.

Israel investigating Facebook over privacy concerns

Mar 22 2018

Israel is investigating Facebook over possible infringement of its citizens’ privacy following reports that Cambridge Analytica improperly accessed users’ information.

Mexico annual inflation rate falls to over 1-year low

Mar 22 2018

Mexican consumer prices rose more than expected in early March, but the pace of consumer price gains fell to its lowest level in just over a year, official data showed.

Chandrababu Naidu again demands ban on big currency notes

Mar 22 2018

Andhra Pradesh CM N. Chandrababu Naidu demanded ban on big currency notes, saying this will help root out corruption and curb the money power during elections.

No GST exemptions for northeast, hill states: Minister

Mar 22 2018

The government said that no exemptions from tax refund had been given to the northeastern and hilly states under the Goods and Services Tax (GST) regime till March 2027.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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