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Diesel taxi ban could cost BPO sector $1 billion

Approximately 15,000 diesel taxis provide transport services to about one million direct and indirect BPO employees in 300 companies in the Delhi-NCR

New Coal Linkage Policy puts power in states' hands

States to allocate coal to needy utilities; coal swapping allowed

Parag Milk IPO subscribed 10% on Day One

The Rs 767 crore IPO is priced between Rs 220 - Rs 227

SKS Micro Q4 net doubles to Rs 84 crore

Total income from operations up 67% at Rs 330 cr; Full-year net profit up 61%, at Rs 303 cr

Both AIADMK and DMK are corrupt, says Amit Shah

No development is visible, only corruption is seen in Tamil Nadu, says BJP President

Jet-Etihad registers 63% growth in passenger volume in 2015

The two carriers have the largest international market share of any airline, or 1 in 5 travellers to and from India

Srei Equipment Finance launches equipment exchange scheme

The equipment owners can exchange their old equipment to buy new ones

Govt performance bad in priority issues in Tamil Nadu: ADR survey

Traffic congestion, water, air and noise pollution were identified as the top priority issues

Sun Pharma says phase-3 trials in skin disorder drug show positive results

The drug, Tildrakizumab, is being developed by Sun Pharma under license from MNC drug major MSD

Adani Enterprises posts standalone Q4 net of Rs 65 cr

It was Rs 72.8 cr in the year-ago period

Cyient appoints new global HR head

P N S V Narasimham will become the senior vice-president and global head of human resources

L&T says Hyderabad Metro Rail to be completed in Dec 2018

While 5-year deadline ends July 2017, L&T deputy MD says time and cost overruns need to be sorted out to take project forward

IFC leads Rs 400 crore investment in Lenskart

Founded in 2010, Lenskart claims to be India's largest online retailer of premium quality and stylish eyewear

Bangladesh govt approves RPower's gas power plant

This is the largest FDI in Bangladesh with a potential investment of over $1.3 bn

JSW to acquire JSPL's unit for Rs 6,500 crore

The 1000 MW plant will be purchased by forming an SPV; sale is a part of monetisation plan of JSPL

Telecom companies play debt card to escape call drop penalty

These companies have largest subscriber base in India but have the lowest revenue

Equitas Holdings net profit at Rs 97 crore

The total income grew to Rs 19.71 cr

Parag Milk raises Rs 343 cr from anchor investors

The IPO will also comprise of secondary share sale by existing investors to the tune of Rs 467 crore

Adani Power Q4 standalone net dips 14% to Rs 358 crore

For the full year, firm came into black from red, posting a profit of Rs 5.62 cr against a loss of Rs 68.63 cr in FY15

Tube Investments posts 5-fold rise in net profit at Rs 725 crore

The company sold 14% shareholding in Cholamandalam MS General Insurance for Rs 883 crore to JV partner