Five things to watch out for today

| Updated on March 12, 2018 Published on March 12, 2018

The Prime Minister Office will be holding a meeting with officials of Finance and Commerce Ministry to discuss on the GST refunds on exporters issue. The exporters claims that 70 per cent of the refunds are stuck even after eight months of the tax rollout. The meeting will chart out plans for speedy refund mechanism.

Bharti Airtel board is likely to meet today to consider raising funds through debt instruments. The funds will help in its capex plan to bolster 4G networks. For the past one year, the telco has been raising funds by reducing its stake in its listed tower unit, Bharti Infratel.

Telangana budget session will begin from today. Farmers’ issue, welfare and development programme of the TRS government are likely to dominate the session. Governor E S L Narasimhan will address the budget session. The state government has decided to introduce an investment support scheme for farmers.

India will face hosts Sri Lanka for the second time in the Nidahas tri-series. In the previous match, India suffered a loss five-wicket loss. Skipper Rohit Sharma and the team are looking for a come back in today match as the series is currently stands even with each team registering one win and one loss.

Alembic Pharmaceuticals is scheduled hold a committee meeting to consider buyback of its equity shares. The buyback price and the number of equity shares to be bought back will be fixed by the Buyback board. The board had already approved a buyback of 1.02 cr shares.

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Published on March 12, 2018
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