Page 399 - Bs Reporter

Another L&T group subsidiary to hit the market

L&T Technology will file its draft red herring prospectus with market regulator Sebi tomorrow

Granules acquires 12.5% stake in USpharma

The company did not disclose the details about exact payout being made towards this stake buy, citing confidentiality agreement

AtHomeDiva: Quikr's new home beauty service

The move comes two months after the company bought Salosa for an undisclosed amount

NTPC, CIL, IOC to revive 3 fertiliser units

These include two closed urea units of Fertilizer Corporation India at Sindri (Jharkhand) and Gorakhpur (UP) and Barauni (Bihar) unit of Hindustan Fertilizers

Enzyme's IPO to open on July 20

The IPO price band has been set at Rs 890-896 per share

Cabinet approves Rs 12,000 crore for skill development

Target is to impart skills to 10 million people over the next four years

Moody's assigns Baa2 rating to ONGC's proposed bonds

Moody's said the bonds will be unconditionally and irrevocably guaranteed by ONGC and the ratings outlook is stable

Revised cost of Hydro project in Bhutan approved

Total escalation for the project, at this stage, is Rs 3,513 crore; cost estimate doubles to Rs 7,290 crore

Supreme Court reinstates Congress govt in Arunachal Pradesh

Major blow for BJP government as 5-judge bench overturns governor's orders; current CM Kalikho Pul to file a review petition.

NDA's first oil auction to see road shows in US, Canada this week

Govt oil brass to promote Discovered Small Fields Bid Round

Telangana government to set up NRI department

The department will create a database of overseas migrant workers, provide skill training and help secure a job Visa for those who aspire to go to these countries in search of work

EPC player Fabtech bags orders Rs 734 cr

The company eyes Rs 2,000 cr turnover in the next five years

Royalty from minor minerals to accrue to environment fund

The funds would be utilized for environmental conservation, restoration & regeneration activities

IndusInd Bank opens international banking unit at GIFT City

Bank will be able to actively offer products such as ECBs to customers in an area where it had limited capabilities so far

Citi India FY16 net down 5% at Rs 3,233 cr

Capital adequacy at 15.8% up from 15.3% a year ago; net NPA at 0.5% compared to 0.4% as on March 31, 2015

Edelweiss Financial Services to enter general insurance

Edelweiss General Insurance will be EFS' wholly-owned subsidiary

L&T Infotech IPO fully subscribed on Day 1

The 12.25-million share offering attracted 14.65 million bids - 1.2 times shares on offer

WhatsApp co-founder funds Gurgaon-based connected car start-up Trak N Tell

The start-up offers a product that allows car owners to track and immobilise vehicles in case of theft, via their smartphones

Altico Capital invests Rs 180 crore in Pune's Pharande Group

Funding in tranches; proceeds to used by developer for refinancing existing lender and for project construction

Delhi High Court issues restraining orders on bank strike

From going on strike against the proposed merger of associate banks with State Bank of India