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Five things to watch out for on August 21

| Updated on August 21, 2018 Published on August 21, 2018

File Photo of China's Defense Minister Wei Fenghe.   -  Reuters

Chinese Defence Minister and State councillor Wei Fenghe will arrive in India on a four-day visit. During the visit, Wei will hold talks with Indian defence establishment on implementation of decisions taken by Prime Minister Narendra Modi and Chinese President Xi Jinping in their informal summit in Wuhan in April.

The Bombay Stock Exchange will delist 17 companies as trading in their shares has remained suspended for over six months. The companies to be delisted include Associated Marmo & Granites, Baroda Electric Meters, Bihar Air Products, Cana Glass, Graphic Charts, IAG Company, Kiev Finance, Mahavir Impex, Neelkanth Motels & Hotels, Prithvi Information Solutions, Realtime Finlease and Sibar Media & Entertainment.

Guntur illegal limestone mining case will come up for hearing at the Hyderabad High Court. On July 25, a division bench of the High Court led by Chief Justice Thottathil B. Radhakrishnan passed severe strictures against the Andhra Pradesh government. Impleading the Mines Department, the CAG and the CBI in the case, the Bench directed them to get instructions on how to proceed in the matter that resulted in huge loss to the State exchequer.

China and the United States will hold lower-level trade talks, aimed at resolving a crisis that has seen them hit each other with tariffs on billions of dollars worth of goods, with more in the pipeline. The possibility that the months-long row which has battered world markets could be brought to an end has been enough to spur optimism on trading floors.

Nokia is set to launch a new device in India today. It is likely to be the Nokia 6.1 Plus, launched as the Nokia X6 in China earlier this year.  HMD Global, which sells Nokia brand of phones, is targeting to be among the top three smartphone players in India by 2020.

 

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Published on August 21, 2018
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