Klips for 3rd July

WhatsApp Image 2018-07-03 at 5.17.03 AM
Federer debuts his Uniqlo wear at Wimbledon. Image: Reuters

Small traders stage protest against Flipkart-Walmart deal

  • Expected turnout was 1mn traders
  • However actual turnout was far lesser as per eye witnesses

Govt unveils Sashakt, a 5-point scheme to tackle bad loans

  • For assets >Rs 500cr an AMC will be set up
  • Bankers can also setup platform to trade assets
  • As of 31st March, bad loans across listed banks stood at >Rs 10 lakh crore

*AMC: Asset Management Company


Federer signs $300mn deal with Uniqlo, after contract with Nike expires

  • Uniqlo is a Japanese fashion brand
  • Interestingly the contract is for 10yrs which is likely to last well beyond Federer’s retirement
  • 132nd edition of Wimbledon commences (2nd July – 15th July)

Come from behind Belgium score in last minute to beat enter QF, beat Japan 3-2


Lyft follows Uber into bike sharing with acquisition of CitiBike owner


Opinion: Innovation Can’t Fix Urban Transportation’s Woes

https://www.bloombergquint.com/view/2018/07/01/ride-sharing-and-other-services-can-worsen-urban-transportation

Interesting: Making money through businesses on Instagram

https://www.bloombergquint.com/business/2018/07/02/inside-instagram-s-master-class-for-future-social-media-tycoons

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