BS Reporter
BS Reporter
Page 350 - Bs Reporter
HDFC too matches SBI, ICICI's home loan rates at 8.35%
In HDFC, new rates are applicable up to limit of Rs 30 lakh
 "HDFC too matches SBI, ICICI's home loan rates at 8.35%")
Online vendors cite unpaid dues, want govt to stop Snapdeal sale
In a letter to Corp Affairs and Commerce ministries, they claim over 500 vendors have not been paid
 "Online vendors cite unpaid dues, want govt to stop Snapdeal sale")
Tube Investments of India net profit down by 89%
The company's total income was up 4% at Rs 1,201 crore during the quarter
 "Tube Investments of India net profit down by 89%")
Periscope: Amit Shah to visit Lakshadweep this week
BJP President Amit Shah's efforts to expand the party continue
 "Periscope: Amit Shah to visit Lakshadweep this week")
Satyam case: SAT rejects Ramalinga Raju plea in insider trading practices
SAT also asked Sebi to pass a fresh order deciding the quantum of punishment
 "Satyam case: SAT rejects Ramalinga Raju plea in insider trading practices")
NDTV post Q4 profit Rs 5 cr against Rs 1 cr loss a year ago
Despite fall in revenue, cost cutting kept costs in check, leading to profitability at group level
 "NDTV post Q4 profit Rs 5 cr against Rs 1 cr loss a year ago")
Fall in US revenues forces Dr Reddy's to explore other geographies
Targets Europe and emerging markets via tie-ups, acquisitions, sets up office in China
 "Fall in US revenues forces Dr Reddy's to explore other geographies")
Periscope: Drive against red beacons on cars begins today
In other news, BJP's Amit Shah will visit Shimla on Wednesday and Thursday
 "Periscope: Drive against red beacons on cars begins today")
eSahai to launch medical taxi hailing service
Company expects to have 2,000 medical taxis up and running on its platform across five-six cities
 "eSahai to launch medical taxi hailing service")
Reliance Industries moves SAT against Sebi ban, penalty
RIL was asked to disgorge Rs 447 crore, along with an annual interest of 12% since November 29, 2007
 "Reliance Industries moves SAT against Sebi ban, penalty")
Ex-US ambassador Vinai Thummalapally joins Cyient's board
Appointment became effective since April 20
 "Ex-US ambassador Vinai Thummalapally joins Cyient's board")
Royal Enfield sales grow 25% in April
Over 60,000 units sold in April
 "Royal Enfield sales grow 25% in April")
Maruti sells record 144,081 cars in April, domestic volumes up 23%
Maruti Suzuki has started the new financial year on a strong footing
 "Maruti sells record 144,081 cars in April, domestic volumes up 23%")
Burning cash: Ola reports 3-fold jump in losses at Rs 2,313 crore in FY16
Ola which is engaged in a battle with global rival Uber has been burning money
 "Burning cash: Ola reports 3-fold jump in losses at Rs 2,313 crore in FY16")
Govt to ensure power price at Rs 3/unit: Piyush Goyal
Target set irrespective of source in medium term; minister rules out tariff hike for farmers
 "Govt to ensure power price at Rs 3/unit: Piyush Goyal")
Kotak buys out Old Mutual's 26% stake for Rs 1,293 cr in insurance arm
With this transaction, Kotak Life will be fully owned by Kotak Mahindra Group
 "Kotak buys out Old Mutual's 26% stake for Rs 1,293 cr in insurance arm")
S Chand IPO subscribed 60 times
The 7.7-million share offering has so far received bids for 456 million shares
 "S Chand IPO subscribed 60 times")
Chennai entrepreneurs moot incorporation of mediation clause in contracts
Entrepreneurs often resort to alternate ways to get a quick fix
 "Chennai entrepreneurs moot incorporation of mediation clause in contracts")
Chola Finance net profit up 14% to Rs 221 cr
Total income from operations stood at Rs 1,222 cr
 "Chola Finance net profit up 14% to Rs 221 cr")
Digital transaction in ITC's rural hypermarket up 13%
The company had started offering a 1% discount on purchase of ITC products across Choupal Saagars
 "Digital transaction in ITC's rural hypermarket up 13%")