29/06/2018
*29.06.18 Economic News*
👉PNB scam: ED files Prosecution Complaint/Chargesheet in court against Mehul Choksi. The complaint charged Choksi and 13 others - Eight Individuals and Five Companies - under section 4 of the Act for the offence of money laundering.
👉HDFC Asset Management Co. Ltd, the Country’s Largest Mutual Fund, receives SEBI’s Approval to Float an Initial Public Offer (IPO)
👉Indian Bank to Withdraw Dividend Payment Resolution after RBI's reply that the Bank can declare a dividend after Fully Providing for Mark-to-Market (MTM) Loss, Gratuity and Other Provisions.
👉GSTN to Temporarily Shut Down on 1st July, on the First Anniversary Day of GST
👉United Forum of IDBI Bank Officers and Employees Conveys its Serious Concern to the Finance Minster over the Govt’s move to sell a Significant Stake in the bank to LIC
👉Special CBI Court sentenced Additional Commissioner of Income-Tax, Sumitra Banerjee and Asst. Comm. I-tax, Anjali Bambole, to Five Years' Imprisonment for allegedly demanding Rs 1.7 Crore Bribe from a Thane-based builder, in a graft case of 2010.
👉LIC Buys First Issuance of Longest Maturity 30-year Bonds of Rs. 2000 crore sold by NHAI
👉As per an Internal Report, Government Rejects Bad Bank Proposal to Resolve NPA Crisis
