{LONGTERMINVESTORS} Livemint Newsletter

 

Newsletter | 01 June 2016

Q4 GDP growth powers Indian economy to $2 trillion India's economic growth for fiscal year 2016 came in at 7.6%, in line with the official estimate

Vodafone India to file for IPO by September Vodafone India's initial share sale will likely raise Rs15,000-18,000 crore The undoing of Helion Venture Partners Serious differences within Helion's core investment team had plunged the venture capital firm into a deep crisis—resulting in the exit of partners Rahul Chowdhri, Ritesh Banglani, Alok Goyal Sebi eases redemption norms for mutual fund investors As per the new Sebi rules, no redemption requests of up to Rs2 lakh will be subject to restrictions; beyond that, the remaining money can be subject to any restriction imposed by an AMC

OPINION Barack Obama: A new face of American progressivism At the end of his tenure, US President Barack Obama has a track record of dismantling old walls

GST's Rajya Sabha impasse The upper house of the Parliament should develop a convention to avoid unnecessary impasse on policies with broad, bipartisan support Don't write off payments banks The withdrawal of three licencees should not be read as a doomsday omen for the idea and underlying rationale Overdosing on heterodoxy can kill you Progress requires identifying errors, which calls for heterodox thinking—which is necessary when reaction times are slow, but should be done with care

More on Livemint Winds of change at Suzlon Energy The ill-fated REpower deal left Tulsi Tanti in a debt quagmire. Now, the humbled founder says he has a plan to make Suzlon Energy great again India's Google tax may raise costs for Indian units of global firms Effective 1 June, the equalization levy is aimed at indirectly taxing Internet firms like Google, Facebook and Twitter who make money from Indian advertisers Apollo Global Management looks to start ARC in India Apollo is one of a number of firms looking at entering the stressed assets business in India as banks try to clean up their balance sheets Govt planning fund to invest in distressed assets of banks: Jayant Sinha Stressed asset fund said to be led by State Bank of India and is likely to be set up in partnership with a global fund

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