BS Reporter
BS Reporter
Page 461 - Bs Reporter
Winter session ends without passing GST Bill
Rajya Sabha passes three Bills while Lok Sabha passes 13
 "Winter session ends without passing GST Bill")
Pakistan 4th largest source of remittances to India
India tops remittance receipts globally with $72.2 billion, says World Bank report
 "Pakistan 4th largest source of remittances to India")
Idea launches 4G in all southern states
Limited to smaller towns for now
 "Idea launches 4G in all southern states")
Wipro to buy US firm Viteos for Rs 860 crore
Acquisition to strengthen its presence in capital market segment
 "Wipro to buy US firm Viteos for Rs 860 crore")
HAL to seek foreign partners for small passenger plane
The plane would be designed to serve smaller routes across India
 "HAL to seek foreign partners for small passenger plane")
Draft rules tighten tax norms for MNCs
Such firms to pay tax in India if decision-makers hold most meets in the country
 "Draft rules tighten tax norms for MNCs")
Snapdeal claims fashion category saw 250% jump
Women's fashion category witnessed 220 per cent increase in orders, followed by men's fashion (130 per cent) and children's fashion (100 per cent)
 "Snapdeal claims fashion category saw 250% jump")
Helion Ventures sees exit of three partners
Rahul Chowdhri, Ritesh Banglani and Alok Goyal look at launching their own fund
 "Helion Ventures sees exit of three partners")
Tree House Education to merge with Zee Learn
This deal makes the combined entity the largest pre-school chain in the country
 "Tree House Education to merge with Zee Learn")
Piramal buys 5 OTC brands from Merck for Rs 92 cr
Company aims to become top three companies in the space by 2020
 "Piramal buys 5 OTC brands from Merck for Rs 92 cr")
Disappointed on DDA, will continue fight at Geneva: Sitharaman
Rejects claim by civil society experts that India gained nothing from WTO ministerial
 "Disappointed on DDA, will continue fight at Geneva: Sitharaman")
RCom suspends Free Basics launch till Trai nod
Free Basics is a service offered by Facebook in some emerging markets that lets users access some websites for free
 "RCom suspends Free Basics launch till Trai nod")
Reliance Defence, Russian USC to build four frigates for Indian Navy
They'll be built at a cost of Rs 30,000 cr; the agreement includes refit and modernisation of all Indian Navy surface ships of Russian and Soviet origin at Reliance's Pipavav Shipyard
 "Reliance Defence, Russian USC to build four frigates for Indian Navy")
 "Pre-2005 notes can be exchanged till June")
India has to brace for more volatility, currency war
The report warned that the world is heading towards more uncertainties and India, expected to show gradual recovery, should be prepared
 "India has to brace for more volatility, currency war")
Products with post-retirement returns to subscribers needed
The report also explained there is a need to align the investment framework for government employees
 "Products with post-retirement returns to subscribers needed")
Too much of financial inclusion push can hurt banking sector
Earlier, RBI had said banks, particularly PSBs, were not being fully compensated for the accounts being opened under the Pradhan Mantri Jan Dhan Yojana
Railways signs Rs 500-cr pact with CIL for supply of wagons
The move is aimed at ramping up coal loading for Indian Railways amid a shortfall in freight traffic and helping CIL meet production targets
 "Railways signs Rs 500-cr pact with CIL for supply of wagons")
Alkem, Dr Lal soar over 30% on debut
Alkem intra-day high of Rs 1,413; Dr Lal Rs 843
 "Alkem, Dr Lal soar over 30% on debut")