Today’s Business Headlines-6th April

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Here are the Business Headlines as on 6th April 2017:

Business Standard

  • CPPIB, Phoenix Mills form investment platform
  • Samsung, Sony and LG top the trust charts
  • Hoteliers are now investing in technology to build better customer profiles
  • Cascading effect of liquor ban on highways: Over 1 million jobs at stake
  • New rail regulator to decide on tariff, ease investment process
  • M&As in road sector pick up over easier exit norms: Icra
  • Sensex breaches 30,000; closes at lifetime high
  • Pre-leased commercial space sales up 17 per cent in first quarter
  • Air India ticket sales to US up by 100% after luggage ban
Economic Times
  • Softbank needs consent of two major Jasper Infotech shareholders for Snapdeal-Flipkart merger
  • The ban on cash transactions of more than Rs.2 lakh a day will not apply to withdrawals from banks, post office savings accounts and cooperative bank Etihad Airways shuts ticketing and reservation offices in India
  • PEs, VCs fear investments going dry after curbs on liquor sale.
  • 72m paid subscribers make Jio credit positive: Moody’s
  • Amazon opens 7 warehouses in bid to boost sales of large appliances, furniture
  • Titan stock glitters on Q4 sales growth
  • Rupee weakens against US dollar on Asian cues
Startup world
  • DateWeave Gets Series-A in place after Japanese freakout
  • Mahindra Partners has led a $21-million (Rs 136 crore) series-B round in healthcare venture Medwell Ventures which operates Nightingales Home Health Services.

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