Business and Trade news India News News
Daily Business News – 19th May 2017
International:
- EU fines Facebook $120 million over ‘misleading’ WhatsApp info
- Jay Z and Beyoncé are worth more than $1 billion
- Brazil stocks plunge 10%; market halted for 30 minutes
- BlackBerry is back! Stock soars after WannaCry attack
- Americans are going to find it much harder to get a job in Britain
- Facebook will stream one MLB game a week
- Ralph Lauren Posts Q4 Loss, But Beats on EPS and Revenues
- Burberry Profits Slide 7.3 Percent in Major Year of Change
India:
- Paytm raises $1.4 billion from SoftBank, valuation soars to $7 billion
- Zomato hacked, 17 million users’ data up for sale on dark web marketplace
- ED takes possession of Vijay Mallya’s Mandwa Farms valued at Rs100 crore
- GST Council meeting: Consensus builds for 1 July rollout
- Paytm looking to acquire 500 million new customers: Vijay Shekhar Sharma
- Ikea planning to offer delivery, assembly services at Mumbai and Hyderabad stores
- Arnab Goswami’s Republic TV tops ratings in debut week, rivals exit Barc
- Visa worries: Indian students look beyond US, UK for B-school courses
- Small-car buyers will have to shell out more under GST, SUVs to cost less
- General Motors to stop selling cars in India but not pulling out
- GST Rates on services will determine impact on inflation
- Shoppers Stop to build stronger online presence driven by private labels
Source: World One Consulting