BS Reporter
BS Reporter
Page 449 - Bs Reporter
States demand more money from Centre ahead of Budget
We should work in unison to boost growth: FM
 "States demand more money from Centre ahead of Budget")
Polaris Consulting reports 6.9% drop in net profit
PAT has been impacted due to part provisioning of one time transaction costs in relation to the SPA with Virtusa Corporation
 "Polaris Consulting reports 6.9% drop in net profit")
Lenovo launches YOGA 900 at Rs 1.22 lakh
Laptop touted as the world's thinnest Intel Core i convertible; YOGA Tab 3 Pro also unveiled
 "Lenovo launches YOGA 900 at Rs 1.22 lakh")
Realty sector hopes to see PE investment flow of 2007 level again
Mumbai, Delhi-NCR, Chennai, Bangalore and Pune received record PE Investment in 2015, as per JLL; in 2007 the sector saw $8 bn worth investments
 "Realty sector hopes to see PE investment flow of 2007 level again")
Hansel.io raises money from Endiya Partners
The funding round saw participation from Tracxn Labs, Mekin Maheshwari, Rajesh Sawhney besides others
 "Hansel.io raises money from Endiya Partners")
Lycos to acquire Austrian messaging, tech firm TriTelA
TriTelA owns 'mysms' messenger and tech platforms SPH Wien and Kika Social; Lycos to issue 28.48-m additional shares for 100% ownership
 "Lycos to acquire Austrian messaging, tech firm TriTelA")
Dr Reddy's US subsidiary gets USFDA nod for Psoriasis Spray product
Promius Pharma to commercially launch the product in the coming quarter
 "Dr Reddy's US subsidiary gets USFDA nod for Psoriasis Spray product")
Gujarat plans MSME push; considers setting up separate department
State also announces building sheds for MSMEs on plug-and-play basis at 36 industrial estates
 "Gujarat plans MSME push; considers setting up separate department")
TVS Srichakra to sell its shareholding in TVS Europe Distribution
The company's subsidiary TVS Automobile Solutions Limited will buy the stake
 "TVS Srichakra to sell its shareholding in TVS Europe Distribution")
Centre's finger on pulses cartel
Seeks help of probe agencies
 "Centre's finger on pulses cartel")
By-poll results could be full of surprises
By-elections can sometimes throw up unexpected results, so, the contest would be watched closely
ABB looks at India to reinforce back-office operations
The move will help the firm pare $1 billion in costs
 "ABB looks at India to reinforce back-office operations")
Marketing, finance see most offers at IIM-Lucknow
Some of the top recruiters across different sectors were Accenture, Aditya Birla Group, Amazon, Avendus, Flipkart, Hindustan Unilever, P&G, TAS and BCG
 "Marketing, finance see most offers at IIM-Lucknow")
NITI Aayog asks Centre to devise formula to transfer funds to states
NITI Aayog will give its inputs and recommendations based on consultations with all state governments
 "NITI Aayog asks Centre to devise formula to transfer funds to states")
IIM Lucknow completes final placements
Places 446 students of the 30th batch in just over three days
 "IIM Lucknow completes final placements")
Lycos posts 27% rise in Q3 net at Rs 125 crore
Its revenues stood at Rs 718.27 crore in the quarter under review
 "Lycos posts 27% rise in Q3 net at Rs 125 crore")
Jet posts record quarterly profit of Rs 467 crore
Lower fuel bill, better fleet utilisation contribute to profit; JetLite posts Rs 7.8-cr loss
 "Jet posts record quarterly profit of Rs 467 crore")
Indian Oil may ship petro products to Bangladesh from Paradeep refinery
Petroleum minister Dharmendra Pradhan also said ONGC Videsh has bagged two oil exploration blocks in Bangladesh
 "Indian Oil may ship petro products to Bangladesh from Paradeep refinery")
Public investment to help fight slowdown
Govt to continue spending in spite of the additional expenditure burden of Rs 1 lakh crore due to One Rank, One Pension and the Seventh Pay Commission
 "Public investment to help fight slowdown")