BS Reporter
BS Reporter
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Sensex falls for 4th day amid GST Bill debate
Shares of automobile and logistics companies fell sharply on Wednesday after running up sharply in recent weeks on hopes of successful passage of the GST Bill
 "Sensex falls for 4th day amid GST Bill debate")
ED files fresh application against 11 NSEL defaulters, Jignesh Shah
Last month, ED had issued summons against all 68 accused including Shah, who remains in judicial custody
 "ED files fresh application against 11 NSEL defaulters, Jignesh Shah")
Berger Paints Q4 net up 55% to Rs 120 cr
Income from operations at Rs 1,246 crore, up 10.6% from a year ago
 "Berger Paints Q4 net up 55% to Rs 120 cr")
PVR launches six-screen multiplex at Palava
Expands its presence in Mumbai Metropolitan Region with this launch, first multiplex in the region
 "PVR launches six-screen multiplex at Palava")
Dilip Buildcon IPO subscribed over 20 times
The 21.4-million share offering saw bids for nearly 444 million shares, data provided by stock exchanges showed
 "Dilip Buildcon IPO subscribed over 20 times")
Mphasis sets up centre for risk and compliance
It will focus on developing next-generation Governance, Risk and Compliance solutions based on artificial intelligence, cognitive computing
 "Mphasis sets up centre for risk and compliance")
Fitch assigns NTPC BBB- rating & BBB to its rupee bonds
The notes, which are labelled green, will be issued out of NTPC's $4-billion medium-term note programme
 "Fitch assigns NTPC BBB- rating & BBB to its rupee bonds")
Infosys invests $4 mn in Israel's Cloudy
Cloudy is the seventh investment for CEO Vishal Sikka, who has built a $500 mn war chest to invest in startups
 "Infosys invests $4 mn in Israel's Cloudy")
Warburg Pincus arm invests $125 mn in logistics firm
Stellar Value Chain Solutions is looking to serve a large and growing logistics market in India
 "Warburg Pincus arm invests $125 mn in logistics firm")
Uptick in exports likely from now, says Union Commerce Secretary
India's exports have been on a downhill drive for the last one-and-a-half years largely reflecting the global slowdown across the world
 "Uptick in exports likely from now, says Union Commerce Secretary")
Carnival Cinemas partners with Zicom to provide electronic security to moviegoers
Full electronic security cover at all 324 Carnival screens in 89 cities; mobile personal safety app for night time cinegoers
 "Carnival Cinemas partners with Zicom to provide electronic security to moviegoers")
Greaves Cotton posts 5% Q1 revenue growth
However, net profit fell 11% to Rs 39 cr
 "Greaves Cotton posts 5% Q1 revenue growth")
Opposition bandh in Andhra
The impact of bandh was felt in cities like Guntur and other places where the buses were blocked and schools and establishments remained closed for the day
Zydus Wellness Q1 net up 20% at Rs 23.5 cr
Its performance was driven by brands like Sugar Free, EverYuth and Nutralite
 "Zydus Wellness Q1 net up 20% at Rs 23.5 cr")
Telangana government orders re-test for medical seat admissions
Police say Delhi-based racket behind the question paper leakage
 "Telangana government orders re-test for medical seat admissions")
Canara HSBC OBC Life launches iNVESTSHIELD plan
The plan has a 'premium funding' option where in the event of life insured's death, apart from benefit payout, insurer funds remaining premiums for the term
 "Canara HSBC OBC Life launches iNVESTSHIELD plan")
Factory growth at 4-month high of 51.8 in July: PMI
High demand seen from domestic and external markets; easing of inflationary pressures may prompt RBI to cut policy rate
 "Factory growth at 4-month high of 51.8 in July: PMI")
ICICI Lombard announces private placement of subordinated debt
Raises Rs 485 cr via 10-year NCDs, at an interest rate of 8.25%
 "ICICI Lombard announces private placement of subordinated debt")
Advanced Enzyme soars 30% on debut
The stock ended at Rs 1,172 a share, up Rs 276 on the NSE compared to its issue price of Rs 896 apiece