Klips for June 14th

Dust storms in Delhi lead to poor air quality

⁃ AQI of 445 (severe)

⁃ Situation likely to remain same for 2 days

⁃ At certain points in the day AQI was 999, beyond max level

⁃ India has 14 of the most polluted cities in the world

US Fed indicates 2 more rate hikes, markets react negatively

⁃ Interest rates hiked by 25bps, as expected

⁃ However, it indicated a ‘slightly faster pace of rate hikes’ this year

Comcast offers $65bn for Fox

⁃ Bid 20% higher than Disney’s offer

⁃ Bid follows ruling allowing AT&T to buy Time Warner

FIFA World Cup to commence today

⁃ First match between host nation Russia and Saudi Arabia

⁃ Google Doodle: https://g.co/doodle/hf8ggb

Carlsberg planning India IPO

Interesting

Why are grocery retailers teaming up with tech giants?

http://in.reuters.com/article/retail-tech/explainer-why-are-grocery-retailers-teaming-up-with-tech-giants-idINKBN1J925A

Trucaller acquires Indian fintech startup Chillr

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