Page 313 - Bs Reporter

Repco Home Finance profit grows 1.55% in September quarter, income up 13%

Total income grew 13.35 per cent to Rs 335.53 crore during the quarter as against Rs 296 crore in the same quarter last year

Ed-tech startup Sunstone raises Rs 11 cr in Prime Venture-led funding round

The startup which offers industry-ready higher education programmes and follows a Pay after Placement model will be using the fund to build its network of colleges across various cities

Govt's Rs 25,000-cr realty fund may see some 'structural challenges'

A chief executive of PE fund who did not want to be quoted said it would take six to eight months to close the fund and start disbursing

Banks Board Bureau recommends BoB's Sanjiv Chadha for the post of MD & CEO

The bureau has also suggested the names of L V Prabhakar and Atanu Kumar Das for Canara Bank Bank of India chiefs, respectively

Steel minister okays iron ore supply to Andhra for greenfield steel project

NMDC to soon sign an MoU with Andhra govt for ore linkage; steel minister Pradhan hints at huge petroleum investments in state, say players want to park as much as Rs 2 trn in the east coast

Kumar Mangalam Birla gets UAE govt-backed ABLF Global Asian Award

Says his group hopes to play a part in making India emerge as an economic super power over the next decade

One-time restructuring should be allowed for some loans: HDFC chairman

Parekh said builders had erred in the past by over-leveraging and going on a land-buying spree.

Book on recently-launched faceless I-T e-assessment scheme released

Titled Guide to e-Assessment with Real Time Case Studies & Suggestive e-Submissions, the book is a ready referencer to help and assist taxpayers and tax practitioners in e-assessment proceedings

Aurobindo Pharma receives 8 US FDA observations for two of its facilities

Observations are related to procedural improvements, not data integrity, says the company

Pre-placement offers double at IIT Hyderabad, mostly from IT and ITes

Recruiters include Microsoft, Goldman Sachs, Amazon and Arista; Two offers are international

WhatsApp says 'strong action' taken in spyware breach incident

According to sources, the firm has been asked to submit its response by November 4.

Indian Bank reports Rs 1,004-crore divergence in provisioning for bad loans

The bank had reported a provisioning of Rs 6,131.86 crore for non-performing assets, while the RBI had assessed provisions of Rs 7,135.85

HCL Tech sets up separate Google Cloud unit, to ramp capacity to 5,000

HCL currently has more than 1,300 professionals trained on Google Cloud

Dr Reddy's Q2 net doubles to Rs 1,092 cr on one-off gains, revenues up 26%

Better top-lines numbers come in despite a flattish growth in the firm's US business.

Centrum MicroCredit buys Altura Financial with its Rs 100-crore loan

Jaspal Bindra, executive chairman of Centrum, had earlier stated that its complete book is funded by term-loans from banks and the firm has not taken and commercial paper money or raised debentures

CARE downgrades rating on Vodafone Idea's loans in view of SC's AGR verdict

The ratings continue to be tempered by high debt level, declining subscriber base trends, regulatory risks and prevalent intense competition in the Indian telecom industry

Johnson & Johnson to expand its anti-TB programme in India

Programme aims to broaden access to treatment for multidrug-resistant strain, improve detection, build critical health systems, and raise awareness about TB at community level

Bandhan Bank fined Rs 1 crore for not bringing down promoter stake

The private lender was supposed to bring down the shareholding of its non-operative financial holding company

TRS wins Huzurnagar by-election by a huge margin of 43,000 votes

The by-election drew a lot of attention from the public and the media as the two main rival political parties took the the election as a challenge

Dr Reddy's Laboratories recalls anti-ulcer drug ranitidine from US market

The recall comes after USFDA's caution note alerting patients and healthcare professionals that NDMA was found in certain samples of ranitidine