Donald Trump, via a letter addressed to Congress, informed them about his intention to terminate the designation of India as a beneficiary developing country under the Generalised System of Preferences (GPS) Programme. This programme is a trade agreement which gives preferential treatement to India in terms of trade with the US and could affect $ 5.7 billion worth of goods exported to the US. Multi-national Company sportswear brands such as Puma, Adidas, Reebok, Nike, Fila etc. battle it out for the top spot in the Indian market. We take a look at various parameters of financial performance and how they stack up against each other. Market regulator SEBI has approached the government to amend the Companies Act to give it powers to be able to disqualify directors after fugitive liquor baron Vijay Mallya refused to comply with its order barring him from being a director in any listed firm in 2017.
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