NEWS HEADLINES OF THE DAY – 30 June 2017– FRIDAY GST red-carpet rollout, replace 20 central/state taxes -factory-gate duties, service/local tax Iraq PM: End of IS ‘state of falsehood’ upon Mosul mosque capture, to continue hunt on militants Global ransomware attack starts real consequences with FedEx, Port, spread seem to be abating China PLA warns India: Learn lessons from 1962 defeat, stop clamouring for war, withdraw Sikkim troops Re-skilling: Education-technology platforms vying to cash in on opportunities, renewed fondness Study: High IQ in childhood, lower lifetime risk of major causes of death – Cardiac, Stroke, Dementia Study: Artists/Architect think different from others, when talking about spaces they are more descriptive WHO: Low-dose aspirin prevent preeclampsia in women at high risk, start before 20 wks of pregnancy Essar Steel insolvency: SBI, Std Chartered differ on choice of interim resolution professional Cognizant delay salary hike/promotions for employees till Oct amid uncertain business environment GST impact on gold jewellery: Larger players emerge biggest beneficiaries as cost gap come down From 2018, don't have to pay more than MRP for bottle of water at movie halls/airports/cinemas Indian Biz adopt cloud tech despite security perception complexity, loss of control but outdated PAN won’t be invalidated without Aadhaar link from July not able to link PAN mention Aadhaar in e-ITR 1.3Lac in 2015: India top list of foreign citizenship expatriates on work visas, acquired OECD citizenship 43/55 McDonald’s outlets in Delhi shut due to health license, legal battle lost top position to Dominos UltraTech complete acquisition of 16K Crs Jaiprakash Cement Biz, capacity 21.2MN tonnes CIL stop supplies to independent power producers diverting to Power Cos to meet demand ADB to invest $10BN over 5 yrs in Indian infra in UP, Bihar, Jharkhand, Odisha, East Coast Eco Corridor Anand Mahindra: Only brave will take on Air India, MoS Aviation - IndiGo express interest in AI stake Jio launch 25K KM-long Asia-Africa-Europe submarine cable system with 100 Gbps data speed Promoters of cos facing insolvency/bankruptcy proceeding take employee role to stay close to their biz Indian Cos - Micromax, Intex Karbonn seek Govt help to stay competitive against cash-rich Chinese rivals Catholic Syrian Bank-Fairfax deal valuation collapse – Bank Rs 165-200/Share, but Fairfax 60-100/Share US 6-Country Travel Ban Takes Effect With Few Exceptions for close family relationships living in US US Labour Secretary: Increase salary of H-1B visa holders to $80K – Most sought by Indian IT Cos UK PM May’s minority Govt wins confidence vote, Several amendments proposed Labour MPs, not pass Beijing's South China Sea Outposts Nearly Set For Missile Deployment, expand communication & Radars Texas Univ: Sensor-studded office desks/chairs monitor your every move/encourage healthy behaviors US: Trump rich with re-election fund raise stink with tweet insult female news anchor Own MPs appalled Pentagon: US sale of C-17 transport jets at $366.2MN will help boost India airlift requirement ICC Women WC 2017: Smriti Mandhana continue fiery with unbeaten 106 vs West Indies Tweet applaud Ice-Free areas of Antarctica increase by 2100 due to climate change, leads to drastic biodiversity change Today’s Word - *Aboideau* - tide gate
