BS Reporter
BS Reporter
Page 426 - Bs Reporter
Telenor to roll out 4G in 55 cities using lean GSM tech
Offers data by refarming 1.4 MHz of its 2G spectrum
 "Telenor to roll out 4G in 55 cities using lean GSM tech")
Nabard sanctions Rs 8,800-crore loans in Odisha in FY16
Against these sanctions, the regional office has disbursed Rs 8,367 crore to the state government, banks and corporations
 "Nabard sanctions Rs 8,800-crore loans in Odisha in FY16")
 "Tausif Monif joins Lambda as President - Global Operations")
Smart cities need institutional reforms for pvt participation
WEF-PwC report identifies areas such as land acquisition, dispute resolution, permits, information availability and procurement processes that must be addressed to propel India's global standing
 "Smart cities need institutional reforms for pvt participation")
 "JWT, Taproot Dentsu dominate awards show")
The Global Fund stops sourcing anti-malaria drugs from Ipca
Move follows USFDA warning letter to three of Mumbai-based drug maker's plants; stock sheds 10%
 "The Global Fund stops sourcing anti-malaria drugs from Ipca")
 "More charges in Oswal family battle")
Govt nudges banks to cut interest rates
Economic Affairs Secretary says India is moving towards a low interest rate regime
 "Govt nudges banks to cut interest rates")
Airtel buys Aircel's 4G spectrum for Rs 3,500 cr
Acquires 2,300-MHz band in 8 circles to become pan-India 4G operator
 "Airtel buys Aircel's 4G spectrum for Rs 3,500 cr")
FY17 passenger vehicle sales growth to be 6-8%
Siam revises projections due to infrastructure cess, concerns around diesel cars
 "FY17 passenger vehicle sales growth to be 6-8%")
UK Fraud Office probes Tata Steel
500 customers affected; firm says it referred itself to the fraud office after finding inappropriate testing and certification procedures during an internal audit
 "UK Fraud Office probes Tata Steel")
Raghuram Rajan's comment on cash flows in poll-bound states grabs EC's attention
He had said Rs 50,000-60,000 cr in cash would increase with public in these states; EC seeks inputs from RBI
 "Raghuram Rajan's comment on cash flows in poll-bound states grabs EC's attention")
H1-B visa cap reached within six days
Visas to be awarded through lottery, says US Citizenship and Immigration Services
 "H1-B visa cap reached within six days")
Govt issues rules for packaged commodities
Manufacturers, packers & importers to display names, net quantity, mfg date, MRP and consumer care contact, starting July 2016
 "Govt issues rules for packaged commodities")
Banks Board Bureau discusses consolidation among PSBs
As part of revamp of public lenders, a proposal was made to consolidate the existing 27 PSBs into ten
 "Banks Board Bureau discusses consolidation among PSBs")
Invesco completes acquisition of Religare AMC
Has increased its shareholding in the company to 100%
 "Invesco completes acquisition of Religare AMC")
Gilts trade: RBI move on retail trade has few takers
Allowing gilt account holders in NDS-OM can be a game changer if certain impediments are removed
 "Gilts trade: RBI move on retail trade has few takers")
Posco did not crop up in talks with Patnaik: Cho Hyun
South Korean ambassador says interaction was on potential areas of cooperation with Odisha
 "Posco did not crop up in talks with Patnaik: Cho Hyun")
GOQii ropes in ex-Google Search boss Amit Singhal as a board member
Singhal will bring in his expertise on machine learning and data crunching to the firm
 "GOQii ropes in ex-Google Search boss Amit Singhal as a board member")