UpFront
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Ten interesting things that we read this week
Some of the most interesting topics covered in this week's iteration are related to 'are we getting wrong kind of innovation?', 'subjective vs. objective measure of wealth' and 'tackling the fake food industry'
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Shell companies' list serves as a warning to retail investors in bull markets
Promoters of these shell companies should be punished and not investors, say experts
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SBI Q1 FY18 merged entity shows massive surge in profits, but asset quality drags
Chairman Arundhati Bhattacharya confident that slippages ratio will trend downward
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Achieving GDP growth of 7.5% difficult in 2017-18: Government
Several factors including appreciation of the rupee and farm loan waivers, besides transitionary challenges emerging from GST implementation are currently weighing down the economy
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Amazon India's Prime Video head Nitesh Kripalani quits, company scouting replacement
The Prime Video service is widely believed to have given Amazon a strong boost in attracting customers in India where the ecommerce giant has taken on local rival Flipkart
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Mondelez payments form focus of US Department of Justice investigation
The probe pertains to claims that Cadbury India has secured back-dated permissions for its Baddi factory to avail excise benefits
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International cryptocurrency exchange BitBay to open India operations
The cryptocurrency exchange will allow trading in nine digital currencies
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SpiceJet clocks tenth consecutive quarterly profit
The airline reported a 18 percent rise in profit and a 23 percent growth in revenue in the April to June period
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SoftBank invests $2.5 billion in Flipkart
This is the largest capital infusion in a homegrown startup
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ICICI Bank launches paperless instant credit cards for its customers
The bank's savings account holders can shop online immediately, receive plastic cards later
