BS Reporter
BS Reporter
Page 420 - Bs Reporter%c2%a0
 "FinMin sets up sub-panel on excise duty on jewellery")
Reliance Defence to make equity rights issue of up to Rs 1,200 cr
Proceeds to be used to augment long-term resources to exit from CDR and strengthen its financial position
 "Reliance Defence to make equity rights issue of up to Rs 1,200 cr")
Aurobindo gets USFDA final nod for generic Nexium
The approved drug has an estimated market size of $4.2 billion for twelve months ending February, 2016
 "Aurobindo gets USFDA final nod for generic Nexium")
Domestic air traffic grew 24.6%, says IATA
Average passenger occupancy rose to 80.7% last month, compared to 78.8% in March 2015
 "Domestic air traffic grew 24.6%, says IATA")
Viom's stake sale fetches Srei Rs 2,931 cr
The overall transaction amounted to close at Rs 7,600 cr
 "Viom's stake sale fetches Srei Rs 2,931 cr")
Uber meets Delhi CM but gets no relief
The city government is objecting to the per-minute waiting charge these companies have for passengers
 "Uber meets Delhi CM but gets no relief")
Cyient Q4 net profit down 29.5% at Rs 65.9 crore
However, total income for the company grew by 11.75% to Rs 815.84 crore
 "Cyient Q4 net profit down 29.5% at Rs 65.9 crore")
RPP Infra enters into consortium with Siemens
To bid for substations for power grid company of Bangladesh
 "RPP Infra enters into consortium with Siemens")
Alembic-Orbicular form JV to develop dermatology products for global markets
Orbicular has capabilities in developing dermatology products with a fully-equipped and staffed research laboratory in Hyderabad
Home sales dip 4% in March quarter on a quarterly basis
Sales in top nine cities fall to 51,000 units in March quarter of FY16, a report by PropTiger.com reveals
 "Home sales dip 4% in March quarter on a quarterly basis")
Discovery's Rahul Johri joins BCCI as CEO
He will start his stint from June 1 in Mumbai and will report to BCCI secretary Anurag Thakur
 "Discovery's Rahul Johri joins BCCI as CEO")
No more in race of small cars in India: Hyundai CEO
Company will focus more on quality and branding to position itself as a modern premium brand in India
 "No more in race of small cars in India: Hyundai CEO")
Wipro announces Rs 2,500 cr share buyback
The shares are being bought at Rs 625 per share
 "Wipro announces Rs 2,500 cr share buyback")
India should ease tech equipment import rules to meet renewable energy target: LM Wind Power
The Denmark-based company has invested roughly 25 mn euros in its Gujarat facility
 "India should ease tech equipment import rules to meet renewable energy target: LM Wind Power")
Network18 Media Q4 net loss at Rs 3.7 cr
However, it swung back into black with Rs 86 cr profit in FY16
 "Network18 Media Q4 net loss at Rs 3.7 cr")
Over 20 workers injured at Adani's Mundra power plant
Workers suffered injuries after hot water splashed from flash tank vent
 "Over 20 workers injured at Adani's Mundra power plant")
Kollam temple fire: Kerala Police detains five people
Kollam Police chief says these are not formal arrests, but detention for questioning; Collector blames cops for lapse
 "Kollam temple fire: Kerala Police detains five people")
Manna Foods ropes in cricketer R Ashwin as global brand ambassador
Chennai-based firm feel the cricketer represents its own brand values
 "Manna Foods ropes in cricketer R Ashwin as global brand ambassador")
Jayalalithaa begins campaign
This week, she will campaign over the state