Page 414 - Bs Reporter

Parag Milk soars 13% on market debut

Its shares ended at Rs 247.80, up 13.2% (Rs 32.8) over its initial public offering (IPO) price

Maruti's service campaign to replace brake part in 20k S Cross

These vehicles were manufactured between April 20, 2015 and February 12, 2016

Sobha Q4 profits drop 41.3% to Rs 36.1 crore

Revenue up 10% to Rs 558 cr; firm achieves new sales of 885,685 sq ft with average realisation of Rs 6,037 per sq ft

Rashtrapati Bhavan deploys IBM's smart city solution

IBM's IOC helps collect and make sense of the data streaming in from several sources within the Estate to provide actionable insights

Tata Communications sells 74% in data centre to ST Telemedia

Will continue to hold 26% stake in the company

Mahindra First Choice Services pegs Rs 350 cr investment in FY17

Company has pan-India network of 130 operational workshops and 280 more in pipeline

Smartron launches tPhone; priced atRs 22,999

The new phone was launched in the presence of Smartron's brand ambassador Sachin Tendulkar and Telangana IT minister K T Rama Rao

LIC Nomura Mutual Fund is LIC MF again after Nomura quits

The two new partners in LIC MF are GIC Housing Finance and Corporation Bank, with 11.7% and 4% stake, respectively

DataWeave, an India based start-up, enters strategic partnership with Japan's Aucfan

Aucfan is the operator of aucfan.com, Japan's largest online shopping and auction bulk search and price comparison website

TaxiVaxi receives second round of funding from individual investors

Company will invest funds in expanding India presence and strengthening technology base

CESC posts 1.6% jump in net profit in Q4

Partners with US-based Silver Spring Networks to bring part of south Kolkata under smart grid network

Indo Rama Synthetics eyes increase in share of specialty products to revenue

The company posted 207% rise in net profit in Q4 at Rs 94 cr

PC shipments in Q1 of CY16 slip 20.8% quarterly: IDC

India PC market will be looking to revive in due course of time

IRDAI brings out norms to strengthen insurers' boards

The regulator said the Board will have to look at a broad range of areas such as overall direction of business of the insurance company

IndiGo names Rohit Philip as its new CFO

Philip, previously the corporate VP and treasurer of Xerox, will replace Pankaj Madan; he will assume charge from July 18

Insurance regulator brings out norms to strengthen insurers' boards

Irdai said while laying down the projections, the boards must address the expectations of the shareholders and the policyholders

Yatra to offer taxi service through aggregation

Has built technology to simultaneously showcase offerings of multiple cab aggregators

Food court app SmartQ raises pre-Series A funding from YourNest Angel Fund

The company aims to solve the everyday problem of uncertainty and delays over food ordering in food courts

IMD alerts cyclone for Odisha

Storm is likely to move north-eastwards along and off north Andhra and Odisha coasts during the next 48 hours

Skipper Q4 net up 19% at Rs 36 cr

Net sales rose 4.7% to Rs 522.73 cr against Rs 499.47 cr