Page 334 - Bs Reporter

Uber India unit's profit remains flat though grows 10% in FY17

Taxi hailing firm pays more towards deferred taxes, higher expenses weigh on profit

Uber India sees moderate revenue growth of 9.5% at Rs 4.1 bn in FY17

Taxi-hailing firm's payment towards deferred taxes and higher expenses weigh on profit

US Fed should slow its plans to shrink balance sheet, says Urjit Patel

The US Fed started slowing down on asset purchases starting October 2017

PSB losses eat up Centre's $13 billion infusion in FY18: Fitch Ratings

Fitch accounts these losses to the acceleration of bad loan recognition, with the introduction of non-performing loans framework

No Supreme Court relief for Tatas in Taj Mansingh auction case

The court allowed the company to approach it after the auction in case of any grievance

SBI raises lending rates by 10 bps, followed by PNB, ICICI Bank, HDFC

SBI's one-year MCLR, which most loans are based on, is now 8.25%

Warburg Pincus buys Legal & General's 26% stake in IndiaFirst Life

Rs 7.1 billion, was approved by IndiaFirst Life's board on Thursday

USL fund diversion case: Sebi bans Mallya from accessing capital markets

Three year market ban; Five year ban from taking directorship in listed companies

3M plans to establish its first design centre in India, fourth globally

3M is hoping that the close proximity of the new centre to its innovation lab will allow design thinking to be applied

Sebi tells mutual funds to enforce Amfi guidelines

The Amfi guidelines also ask intermediaries to refrain from recommending inappropriate products

Anil Ambani's Reliance Group raises Rs 14 bn by listing Codemasters on AIM

Codemasters is currently valued at around Rs 32 billion

India INX clocks highest-ever turnover of Rs 44.8 billion

Trading at Gift City is witnessing gradual pick up, following easing of regulations

Tata Steel's Kalinganagar plant creates job for over 21,000 persons

This includes direct employment for 3611 persons and indirect (contractual) employment for 18344 persons

Former Sebi chairman U K Sinha, Asian Paints' Jalaj Dani join HDFC board

The board also re-appointed Keki M Mistry as the MD of the company for three years

Dewan Housing Finance Corp profit up 26% to Rs 3.12 bn in Jan-March

Total revenue increased by 18.2 per cent from Rs 88.6 billion at the end of FY2017 to Rs 104.6 billion at the end of FY2018

Modi govt's crop insurance marred by delayed claim settlement, low coverage

Centre bears higher share of premium for states which gives adequate budget for PMFBY, suggests panel

VSoft Technologies digitises 3-tier cooperative credit structure in Odisha

Odisha becomes first to achieve full digitisation, covering 17 District Co-op Central Banks, 360 branches, 2,600 Primary Agriculture Credit Societies

Transport ministry launches road safety training programme for engineers

Year 2017 accounted for about 140,000 deaths caused by non-adherence or absence of road safety norms

GAIL to roll out training programmes for unskilled workers in Odisha

The projects are being launched on the occasion of the birth anniversary of Madhusudan Das, who laid the foundation of industrialization in Odisha

Need to look beyond Congress, BJP to end default politics: Telangana CM KCR

He said, when one party replaces other existing national party in power, names of schemes and scams would change, while everything else will remain same