The five things to watch out for today

| Updated on January 24, 2018 Published on June 22, 2015

Athens said last week it did not have the cash to repay an International Monetary Fund loan so Greek Prime Minister Alexis Tsipras only has until the end of June to strike a deal with creditors.   -  REUTERS

J Jayalalithaa, Tamil Nadu Chief Minister


Reports say bogus chit fund companies have duped investors in Maharashtra to the tune of Rs 40,000 crore.   -  Business Line

Grexit or status quo? Europe may decide today. The Euro Zone’s finance ministers are meeting in Brussels to thrash out a plan for Greece so that the country could avoid defaulting on its debt. Prime ministers and presidents of the 19 Euro Zone states will also meet in the city to discuss the future of the bloc.

Tamil Nadu Chief Minister J Jayalalithaa will hit the campaign trail today. The AIADMK supremo is contesting the June 27 bypoll and will campaign in different places and address two public rallies in Chennai. Jayalalithaa is seeking re-election after her acquittal in the disproportionate assets case.

Chit funds in Maharashtra may face some heat soon. A crucial joint meeting of stock market regulator SEBI, the Enforcement Directorate and police officials will take place in Mumbai to consider strict action against bogus chit fund companies operating in the State. The government is reportedly planning to auction seized properties of chit fund companies.

ICC’s annual conference begins in Barbados. This is the first time cricket’s apex governing body is holding its annual meet in the West Indies with delegates from over 50 ICC members expected to attend.

Drugmaker Lupin will replace private sector electricity producer Tata Power on the Sensex. Adani Power is also being dropped from BSE 100. The BSE 200 and the BSE 500 will also witness a host of changes.

Published on June 22, 2015
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