Page 400 - Bs Reporter

NHAI to issue 200,000 FASTag by March 2017

FASTag offers near non-stop movement of vehicles through user plazas and cashless toll fee payments

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

Indian MNCs fare better than EM peers on corporate disclosures: Report

However, EM firms, on an overall basis, show low levels of transparency; Nearly 1/3rd of firms post a score less than 5 out of ten in transparency tests

Zydus gets FDA nod for diabetes drug

The company today informed in a statement that it has received the nod from the US drug regulator to market the drug in strengths of 60 mg and 120 mg

Exide Life launches term plans with return of premium

The company is discontinuing its existing regular term plan and replacing it with the ROP as there is more demand for ROP plans

Vedanta will expand business in Africa

Group will sign two MoUs with South African firms when Anil Agarwal visits country as part of Modi's team on 8 July

DRT rejects KFA's plea against banks

The airline said the banks did not lend money on time for projects that could have helped in revival of the airline

Sebi proposes valuation norms for InvITs

Sebi wants mandatory disclosure in valuation report including adequate info on valuation and other aspects of underlying assets

Hindujas-owned Houghton buys Wallover Enterprises in US

This acquisition marks Houghton's latest strategic investment in the specialty metalworking and industrial fluids segment

Progress Software gives its staff one day a month for ideation

The programme was rolled out in four Progress labs, including its development center in Hyderabad

Magma Fincorp appoints Rajive Kumaraswami as new MD & CEO of Magma HDI

He was previously with SCOR Re for four years

India's sugar output may decline by 7% on lower acreage

Total acreage under sugarcane in India is estimated at around 4.99 million hectares (ha) in crushing season 2016-17, which is 5.5% lower than in the year-ago period

Zee Learn Q1 net profit doubles to Rs 8.01 crore

Revenue from operations stood at Rs 42.06 crore for Q1 FY17 compared to Rs 35.79 crore in Q1 FY16

Global IT spending growth will be flat in 2016 due to Brexit, says Gartner

Spending in the IT services market is expected to increase 3.7 per cent, totalling $898 bn

Reliance Jio raises Rs 2,000-crore debt

Oilmeal export down 61% in June quarter

Lower oilseed availability, continuous disparity in exporting meals in international market cited as reasons for decline

Defence PSUs should outsource more to private sector: Parrikar

Parrikar cited the example of Tejas and the basic trainer aircraft of HAL as an opportunity for private sector involvement to increase production capacity

Fiat India rolls out new variants

The Fiat Linea 125 S starts at Rs 7.82 lakh

SBI Cards to launch credit card facility through mobile

The technology, known as host card emulation, will use the near field communication to make payments

AP government to undertake household survey from Friday

Right from Aadhar number to mobile phone number, each and every detail of households will be collected by the enumerators, according to the government