BS Reporter
BS Reporter
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IIM-C hikes fees by 16% to Rs 19 lakh for PG courses
Becomes second-most costliest IIM trailing Ahmedabad by just Rs 50,000
 "IIM-C hikes fees by 16% to Rs 19 lakh for PG courses")
Govt bid to allow foreign funding of parties
Until now, the Foreign Contribution (Regulation) Act, 2010 banned political parties from receiving funds from any foreign source
 "Govt bid to allow foreign funding of parties")
Truck rentals up by 3 to 4 per cent in March
Earlier, in February, rentals had increased by four to five per cent
Domestic tractor sales down 12% during April-Feb FY16
Analysts feel the industry would grow at 8-9% CAGR in the long term
 "Domestic tractor sales down 12% during April-Feb FY16")
Service tax dept to auction Vijay Mallya's planes: CBEC
Total disputed liability of Mallya with respect to service tax to the tune of Rs 535 cr
 "Service tax dept to auction Vijay Mallya's planes: CBEC")
Equitas steps up procedures to get small finance bank licence
Has started reducing FII shares, merging subsidiaries and establishing IT systems to comply with RBI regulations
 "Equitas steps up procedures to get small finance bank licence")
Suzlon Group appoints J P Chalasani as group CEO
Group has cumulative installation of 15GW of wind energy capacity
 "Suzlon Group appoints J P Chalasani as group CEO")
No upturn soon in ECBs despite new rules
Bankers and analysts say the policy change is conductive in the long run for companies to use the ECB route
 "No upturn soon in ECBs despite new rules")
Cigarette makers shut shop over graphic warning rule
Cigarette makers stopping production will result in an estimated loss of Rs 350 cr per day
 "Cigarette makers shut shop over graphic warning rule")
 "Village development campaign from April 14")
Ricoh India sends top management on leave
Firm accused of financial irregularities
 "Ricoh India sends top management on leave")
GCPL makes 2nd acquisition this year
After Canon Chemicals, the firm has bought US-based hair care firm
 "GCPL makes 2nd acquisition this year")
Kaushik Basu bats for a tolerant India
Ex-chief economic advisor and now World Bank senior VP, explains why this is necessary in today's world and how India can lead the globe by doing so
 "Kaushik Basu bats for a tolerant India")
HCL Technologies to acquire Geometric
Dassault Systemes to get complete ownership of 3DPLM Software
 "HCL Technologies to acquire Geometric")
Will meet revised FY16 fiscal targets: Govt
The ministry said tax revenues were on track and the 2015-16 revised targets were expected to be fully met
 "Will meet revised FY16 fiscal targets: Govt")
Kolkata flyover collapse: IVRCL's new orders might be hit
Lack of new orders may further delay its possible recovery
 "Kolkata flyover collapse: IVRCL's new orders might be hit")
 "Kolkata flyover collapse: 'Act of God' plea lacks legal bite")
Williamson Magor group to merge all engineering companies under one unit
Merged entitites wil have Rs 7,000 cr plus annual turnover and an order book basket of Rs 10,000 cr
 "Williamson Magor group to merge all engineering companies under one unit")
Fitch downgrades SAIL to 'BB'; outlook negative
Downgrade follows deterioration in SAIL's financial profile after prolonged weakening in global steel prices
 "Fitch downgrades SAIL to 'BB'; outlook negative")
Power tariff cut by 10 paise per unit for Gujarat discom consumers
Rs 414 crore worth benefit of surplus revenue passed on to consumers
 "Power tariff cut by 10 paise per unit for Gujarat discom consumers")