Today’s Business Headlines-21st March

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Here are the Business Headlines as on 21st March 2017:

Economic Times

·         Kapil Sharma apologizes to Sunil Grover in an emotional tweet, new twist to nasty fight
·         India home to 101 billionaires, Mukesh Ambani tops list: Forbes
·         Revision of BSE transaction fee to hit small traders
·         Air India may offer free Wi-Fi on domestic flights
·         No evidence of Trump-Russia collusion: White House
Business Standard
·         Not just Cognizant: Other IT firms may hire 40% fewer engineers this year
·         D-Mart operator Avenue Supermarts lists at Rs 604 vs IPO price of Rs 299
·         Divis Labs tanks 20% after USFDA issues import alert on Vizag unit
·         IndiGo taps in expats as operations become large
·         Daiichi says Singh brothers’ asset declarations false
·         I-T prosecutes Mumbai trader for depositing Rs 3 cr by using duplicate PAN
·         IDBI Bank appoints Mahesh Kumar Jain as MD and CEO
·         The govt’s migraine pill for real estate
·         Vodafone, Idea sign off on ‘equal’ merger in India
·         18 foreign lenders agree to $550 mn debt recast of JSPL
·         Gates again world’s richest, Trump slips
·         Airpay raises Rs24 crore in Series A round
·         Italy’s struoolino economy has world’s healthiest people
·         Vodafone’s partial exit, lower synergy should worry investors
·         Fundraising via qualified institutional placement at lowest in four years
·         Equitas looks to trim microfinance loans to 25% of total from next fiscal
·         HCL Tech approves up to $535 million share buyback
·         Blackstone subsidiary Nexus to launch its first mall in India
·         RBI seeks to raise entry barriers, tighten controls for mobile wallets, gift cards
·         Bharatiya Mahila Bank to be merged with SBI
·         NBFCs step up hunt for top-level executives
Start-up World
·         Snapdeal’s Jason Kothari named FreeCharge chief executive
·         Flipkart gets $1 bn from Tencent, Microsoft at $11-bn valuation
·         An IPO is now cooking at ShopClues’ strife-hit home
·         Debt financing keeps the party going for startups

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