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Sushil Chandra to be the next CBDT chief
IIT graduate Chandra's tenure will last till May next year
GE T&D India starts operation in dedicated 765kv GIS line
Company said that the demand for the 765 kv GIS is growing
 "GE T&D India starts operation in dedicated 765kv GIS line")
Morgan Stanley sells Rs 153-cr worth shares in Redington
Dahlia Commodities Services Pvt Ltd has bought the same number of shares during the day
Insurers cannot deny claim on the basis of HIV results: govt
New provisions in HIV Bill also protect infected persons from job loss or denial, or hardship in taking a house on rent
 "Insurers cannot deny claim on the basis of HIV results: govt")
Reuters, BTVi tie up to offer world business news to Indian viewers
Under the partnership, BTVi will have access to Reuters TV studios in key financial centres across the globe
 "Reuters, BTVi tie up to offer world business news to Indian viewers")
Facebook, Ficci partner to promote social sector innovation
Ficci's Millennium Alliance, with which Facebook has tied up, has funded 62 projects, dispersing Rs 55 cr
 "Facebook, Ficci partner to promote social sector innovation")
Alembic Pharma's Panelav unit receives Establishment Inspection Report from USFDA
Panelav makes formulations for the regulated markets and has a capacity to manufacture seven billion tablets and capsules per year
 "Alembic Pharma's Panelav unit receives Establishment Inspection Report from USFDA")
 "Supply-use table for GDP data")
ICICI Bank lowers lending rates by 0.5%
Its one-year MCLR now stands at 9.05%
 "ICICI Bank lowers lending rates by 0.5%")
HPL Electric debuts at 6% discount to issue price
This is the second firm to list at a discount to issue price after ICICI Pru Life which listed 1% below its issue price
 "HPL Electric debuts at 6% discount to issue price")
Sebi for curbs on compensation agreements with PE firms
Regulator seeks public comments on proposed norms by October 18
 "Sebi for curbs on compensation agreements with PE firms")
AIADMK MPs urge PM to have Cauvery-related plea in SC withdrawn
Asks Centre to constitute the Cauvery Management Board as directed by the Supreme Court
 "AIADMK MPs urge PM to have Cauvery-related plea in SC withdrawn")
EPGL to buy coal worth Rs 3,000 crore for Salaya plant in Gujarat
It expects sea water intake system and coal conveyor corridor to further enhance margins after commissioning
 "EPGL to buy coal worth Rs 3,000 crore for Salaya plant in Gujarat")
Majesco scraps plans to raise money Rs 250 crore through QIP
Company also announced a partnership with IBM aimed at accelerating its new insurance services through IBM cloud
Atlas Copco to spend Rs 70 cr to raise Hyderabad plant capacity
The company aims to make new products from this plant to cater to the Indian and African markets
 "Atlas Copco to spend Rs 70 cr to raise Hyderabad plant capacity")
RBI cuts repo rate by 25 bps to 6.25%
All 6 members voted in favour of monetary policy decision. Next meeting of MPC scheduled on December 6-7
 "RBI cuts repo rate by 25 bps to 6.25%")
Govt approves about 9,020 seats under BPO promotion scheme
Over 50 companies will set up BPO operations at 60 locations in 18 states and two union territories
 "Govt approves about 9,020 seats under BPO promotion scheme")
Transocean says RIL ending drillship contract
Transocean is a provider of offshore contract drilling services for oil and gas wells
 "Transocean says RIL ending drillship contract")
Tatas sell businesses to keep group ahead of competition
Here are few businesses sold by Mistry since he took over as group chairman in 2012 and by former Chairman, Ratan Tata