Page 405 - Bs Reporter

Inflation target ball back in govt's court

Contrary to expectations, changes to RBI Act fix no target

Rs 6,000 cr worth highway projects get approval

The projects in Andhra Pradesh, Telangana, Sikkim and Assam would be built on engineering, procurement and construction basis

Madras High Court dismisses petition against TNCA election

The petitioner alleged that the association has not implemented the recommendations of Justice R M Lodha Committee

Tata Power's move to acquire Welspun Renewables may impact its credit metrics, says Moody's

Tata Power, however, said that the acquisition of Welspun Renewables' 1,140 Mw assets is very strategic to it

Jivox raises $6 mn in new finance

You & Mr Jones, which led the financing, will join Jivox's board of directors, and will guide the firm into the next phase of growth

Suven gets product patents from Canada, Hong Kong

Patents are for new chemical entities, for treating disorders associated with neurodegenerative diseases

IIT Madras, Kanpur break into top-50 in QS University Rankings Asia 2016

IIT Madras and IIT Kanpur jumped 13 and 10 places, respectively, to be ranked in the top 50 universities' rankings among Asian countries by QS

NTPC trades surplus power from its 4 stations

Other PSUs may soon join the bandwagon

Fitch downgrades Lodha's rating

Fitch said the downgrade reflects Lodha's inability to reduce its leverage, as measured by net debt/adjusted inventory, to a level appropriate for its previous rating

Gujarat expects Rs 15,000 crore investments in agro food processing

According to state government, there are huge opportunities in agro food processing sector in India

Tata Sky forays into school education

Starts Tata Classroom to provide teaching assistance to students of class 5-8 for Rs 99 a month

Gulberg Society case: court fixes June 17 as date for punishment

In all, 69 people, including Congress parliamentarian Ehsan Jafri, were killed in the massacre during post Godhra riots

Airlines refund Rs 3.3 crore for delayed flights in April 2016

Seeks cap on number of hours in flight delays without compensation

Govt seeks 6 weeks in NSEL-FTIL merger case

Conveys to the Bombay HC that it needs more time to examine submission filed by FTIL

GST empowered committee meeting on June 14-15

New chairman Amit Mitra will head the first full fledged meeting since November 2015

Sical Logistics to raise Rs 100 crore through NCDs

Kotak Mahindra Bank to redeem the debentures it holds now

New debt recast plan may involve forensic audit of projects: Report

Forensic audit of individual cases will add a new dynamism in the entire debt recast process

April IIP disappoints at -0.8%

The April numbers represent a break in the rising trend seen in two previous consecutive months of February and March

Star Health ties up with Bank of India for bancassurance

Tie-up to enable Star Health to leverage BOI branches network and huge customer base

Gulberg Society case: Court to fix date on Monday for quantum of punishment

Prosecution has sought death sentence or imprisonment for life for all 24 convicts