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India fairly safe against global volatility, say Rajan

RCom extends exclusivity period for merger talks

AP govt wants four-fold hike in banking correspondents to handle DBT

CM Chandrababu Naidu wants as many as 27,000 women SHG members as correspondents across 13 districts in the state

GVK Power loss rises three-fold

Revenues grew 27.7% at Rs 1,081 cr during the quarter as compared to Rs 846 cr in the year-ago period

Lupin tanks 9% on FDA concerns

In March, Lupin received nine adverse observations from US drug regulator at its Goa plant and the company expects resolution in the next 3-6 months

Jayalalithaa elected as legislature party leader

The party won election with 134 seats out of 232 seats

Power Grid replaces BHEL in Sensex

This is part of the exchange's semi-annual reconstitution for S&P BSE indices and the changes will be effective June 20

CCI quashes appeal against distribution arm of REC

The REC will have to secure work in the market for consultancy services for financing of rural electrification projects

Parag Milk soars 13% on market debut

Its shares ended at Rs 247.80, up 13.2% (Rs 32.8) over its initial public offering (IPO) price

Maruti's service campaign to replace brake part in 20k S Cross

These vehicles were manufactured between April 20, 2015 and February 12, 2016

Sobha Q4 profits drop 41.3% to Rs 36.1 crore

Revenue up 10% to Rs 558 cr; firm achieves new sales of 885,685 sq ft with average realisation of Rs 6,037 per sq ft

Rashtrapati Bhavan deploys IBM's smart city solution

IBM's IOC helps collect and make sense of the data streaming in from several sources within the Estate to provide actionable insights

Tata Communications sells 74% in data centre to ST Telemedia

Will continue to hold 26% stake in the company

Mahindra First Choice Services pegs Rs 350 cr investment in FY17

Company has pan-India network of 130 operational workshops and 280 more in pipeline

Smartron launches tPhone; priced atRs 22,999

The new phone was launched in the presence of Smartron's brand ambassador Sachin Tendulkar and Telangana IT minister K T Rama Rao

LIC Nomura Mutual Fund is LIC MF again after Nomura quits

The two new partners in LIC MF are GIC Housing Finance and Corporation Bank, with 11.7% and 4% stake, respectively

DataWeave, an India based start-up, enters strategic partnership with Japan's Aucfan

Aucfan is the operator of aucfan.com, Japan's largest online shopping and auction bulk search and price comparison website

TaxiVaxi receives second round of funding from individual investors

Company will invest funds in expanding India presence and strengthening technology base

CESC posts 1.6% jump in net profit in Q4

Partners with US-based Silver Spring Networks to bring part of south Kolkata under smart grid network

Indo Rama Synthetics eyes increase in share of specialty products to revenue

The company posted 207% rise in net profit in Q4 at Rs 94 cr