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Virgin Hyperloop To Build A Hyperloop Between Pune And Mumbai et al.

Professor of Financial Economics and Part-time Value Investor, Transfin.
Feb 19, 2018 12:28 PM 1 min read
Editorial

End of Day Wrap-up (Monday / February 19, 2018) #Aircel #NCLT #SEBI #India #US #Japan #Australia #Hyperloop #CocaCola #Novartis #Transfin

Editor's comment: Aircel reportedly to file for bankruptcy at NCLT after RBI directed all ongoing debt resolution schemes in favour of IBC.

 

SEBI allows Indian capital markets to clients of global private banks who can now invest in domestic stocks without separate registration or compliance requirements. To date foreign banks could only invest their own money (prop trades) but not on behalf of third parties.

 

India, US, Japan and Australia discuss joint infra plan to counter China's OBOR initiative and push for greater connect in the Indo-Pacific region.

 

Los Angeles-based Virgin Hyperloop One announces its intent to build a hyperloop between Pune and Mumbai, beginning with an operational demonstration track.

 

Coca-Cola and its bottling partners aim to invest $5bn in India till 2020 into training and automation.

 

Indian American Vasant Narasimhan, CEO of Swiss Drugmaker Novartis to push towards R&D, focusing on AI to find new biomarkers, data science and other digital tech. To decide whether to sell subs Alcon and Sandoz.