Page 390 - Bs Reporter

IRB Infra posts 10.3% rise in net profit to Rs 182 crore

Toll road operator's profit soars on construction and rise in revenue from BOT projects;construction order book seen at Rs 8,750 crore

Axis Bank to offer small ticket unsecured loans jointly with Suvidhaa

A customer who utilises Suvidhaa's remittance or bill payment facilities can avail himself of loans up to Rs 15,000 with no paperwork

Procedure for filing anti-dumping duty cases to be simplified

Likely to accrue a benefit of $100 billion to domestic steel sector

Pension okayed for FCI staff

The entire expenditure for the pension and medical scheme would be borne from the savings of FCI over the past 3-4 years

Racket transferring money to Hong Kong firm busted

Bigger NBFCs must be inspected regularly: Rajan

Says he has done 90-95% of what needs to be done

Sebi eases format of accounting standard applicability

New format to apply to firms that have listed their debt securities and non-cumulative redeemable preference shares on exchanges

Bihar relents, agrees to implement Pradhan Mantri Fasal Bima Yojana

The scheme is being implemented on a trial basis with a view to assess whether it actually helps farmers or ends up benefitting the insurance companies

Air India inks pact with SpiceJet for MRO facility

SpiceJet will maintain Air India's Boeing 737 aircraft and landing gear replacement

Madhya Pradesh and Puducherry join UDAY power discoms reforms

UDAY is the restructuring plan of the NDA government to bail out the financially and operationally beleaguered state-owned discoms

BJP appoints Bhavnagar MLA Jitendra Vaghani as state president

Vaghani started his political career in ABVP and has over 25 years of experience in politics

Syndicate Bank launches Project Ananya aimed at digital banking

The bank plans to transform 10 per cent of its branches to the new format in the next 6-12 months

Profit booking hits Indian shares for the second consecutive day

Nifty declines 103 points, while Sensex loses 310 points; face resistance at higher levels

Silicon Valley firm Boomtrain acquires messaging platform Nudgespot

The deal amount is undisclosed

Suven Q1 net up 58% at Rs 33 crore

Total income from operations up 32% to Rs 133 crore

Cognizant rejigs management team

Srinivasan V has been announced as new COO, he'll take over from Sridhar T, who has been moved to a newly created strategic initiatives portfolio

Aditya Birla Group plans to hive off financial services arm from AB Nuvo

Group also plans to consolidate Idea Cellular's stake under Grasim

NCDEX board panel on more farmer participation

NCDEX will enable some of the most marginalised farmers to access reliable markets for the first time

DST, Intel and IIT Bombay collaborate to launch incubation program for hardware startups

Under this program, industry, academia and the government together will support hardware and systems-based start-ups

RBI status quo won't help revive demand, say CEOs

DLF CEO Rajeev Talwar said RBI needs fresh thinking if this country needs to progress