BS Reporter
BS Reporter
Page 411 - Bs Reporter
JD(U) backs Sharad Yadav and RCP Singh for Rajya Sabha polls
As, the terms of five JD(U) RS MPs from Bihar will end in July this year
 "JD(U) backs Sharad Yadav and RCP Singh for Rajya Sabha polls")
HT Media revenue up 8% at Rs 2,655 cr in FY16
Company's advertisement revenue grew by 7.5% to Rs 1,980 cr
 "HT Media revenue up 8% at Rs 2,655 cr in FY16")
Natco Pharma Q4 net profit up 10.65% at Rs 60.24 crore
The total income from operations in this 4th quarter doubled at Rs 406.97 cr from Rs 200.8 cr in the year ago period
 "Natco Pharma Q4 net profit up 10.65% at Rs 60.24 crore")
Snapdeal, Puravankara, JLL launch new plan
The three-way partnership will enable customers to purchase a ready-to-occupy apartment from Puravankara across Bangalore, Chennai, Coimbatore and Kochi
 "Snapdeal, Puravankara, JLL launch new plan")
IndiaFirst aims Rs 10,000 crore AUM in FY17
In FY16, the company's overall premium collection stood at Rs 1,967 crore
 "IndiaFirst aims Rs 10,000 crore AUM in FY17")
Gujarat expects to save 6.5 bn power units through Ujala
Will distribute 120 mn LED bulbs through four state-owned discoms in coordination with EESL
 "Gujarat expects to save 6.5 bn power units through Ujala")
Sterlite Techologies' Q4 net profit up 33.3% y-o-y
Reports net profit of Rs 52 crore for Q4, up from Rs 39 crore in the same quarter last year
 "Sterlite Techologies' Q4 net profit up 33.3% y-o-y")
Two years of Modi government @Facebook
The PM has had 179 million interactions in the last two years; his cabinet ministers too have taken a lot to the social media platform
 "Two years of Modi government @Facebook")
PFC Q4 Profit slides by 19%, NPAs increase
Total income during the same period increased to Rs 6,787 crore in Q4FY16 from Rs 6,422.4 crore in Q4FY15
 "PFC Q4 Profit slides by 19%, NPAs increase")
Govt plans GST roll-out from April 2017
Sources say all political parties other than Congress and AIADMK have supported the GST Bill
 "Govt plans GST roll-out from April 2017")
Centre withdraws GM seed notification capping licence fees
To regulate the bilateral agreement between seed technology
 "Centre withdraws GM seed notification capping licence fees")
L&T profit rises 19%, beats Street estimates
Consolidated gross revenue rises 18% to Rs 33,157 crore, with progress in project implementation
 "L&T profit rises 19%, beats Street estimates")
Adani Wilmer, Ruchi Soya to form joint venture firm
Adani Enterprises, Wilmar International to hold 66.66% in the JV, rest to be held by Ruchi Soya
 "Adani Wilmer, Ruchi Soya to form joint venture firm")
Bosch to invest Rs 770 cr
Company to invest Rs 770 crore for plant expansion this year
 "Bosch to invest Rs 770 cr")
Cox & Kings promoters infuse Rs 168 crore in company
The additional equity infusion & issue of shares comes two days after the tour operator posted Rs 305 cr net loss in the 4th quarter FY16
 "Cox & Kings promoters infuse Rs 168 crore in company")
Mining conclave to discuss state of auctions, DMF collection
Other issues include framing of minor mineral rules, curbing illegal mining
 "Mining conclave to discuss state of auctions, DMF collection")
Two day conclave on the theme of increasing US-India trade to $500 bn
It would be attended by about 300 delegates including the business leaders
 "Two day conclave on the theme of increasing US-India trade to $500 bn")
Domestic electronics makers welcome new domestic sourcing norms for power sector
Any equipment or material for government-funded power projects will have to be procured locally through domestic competitive bidding
 "Domestic electronics makers welcome new domestic sourcing norms for power sector")
Two Indian start-ups receive Microsoft grant
To help scale their solutions & business models to increase affordable internet access in communities around the world
 "Two Indian start-ups receive Microsoft grant")