Page 517 - Bs Reporter

Airbus sets up BizLab in Bengaluru

Targets to establish global network of aerospace business accelerators

Home shopping company Naaptol raises Rs 343 crore

This is in addition to Rs 136 crore, which the company raised earlier in April

Federal Bank ties up with Edelweiss

EICML is one of the leading collateral management service providers with a pan-India presence

Hifiman launches its latest offering in headphones

Will be available for a price of Rs 23,999

Lanco back in black after 3 years, announces foray into solar cell production

The return to profitability was helped along by a fourfold sequential jump in EPC revenues

Indian sees 21% jump in smartphone shipment: IDC

In the third quarter, the 4G enabled devices have witnessed almost a three-fold increase in unit shipments over the previous quarter in 2015

SC stays Rs 300-cr tax demand from Tata Sons

The Maharashtra state sales department had made the tax demand on royalty Tata Sons collects from group companies for using the Tata brand name

SC asks Vodafone to pay Rs 2,000 crore for merger

Order was made in govt's appeal against TDSAT's interim order in disputes over spectrum usage charge and other issues

Titan, HP to jointly make smartwatches for India, global markets

With this, Titan ventures into segment dominated by computer and mobile devices firms

Kejriwal defends his anti-graft credentials at National Council meet

Asserts his party isn't in race for 2019 general elections, but has definitely set sight on 2017 Punjab polls

Rare bonhomie between Delhi govt and Centre as former gets financial boost

Central govt has already provided Rs 96.7 cr for Delhi's own Swachch Abhiyan

Online portal for furniture rentals Rentmojo raises $2 mn from IDG, Accel

Company currently operates in Bengaluru, Mumbai, Delhi NCR and Pune

Will have full control over Gujarat plant: Maruti

Maruti claimed the plant will allow it to strengthen its position in the Indian market and, in turn, help both the minority shareholders of Maruti and Suzuki

Subramanian panel to submit GST report by December 5

Officials did not comment on the likely rate. But there are various suggestions being floated by stakeholders

Max India to sell 23% stake in Max Bupa for Rs 191 crore

After the transaction, Bupa will raise its stake to 49% from 26% that it holds at present

FPIs exhaust their G-sec limits

Bids worth Rs 521 cr were accepted against the limit, with weighted average of successful bids being at 38.39 basis points

Banks reporting lower NPA numbers: ICRA

Says 5/25 scheme helps them mask the extent, says stressed assets formation remains high; cautious on impact of plan to restructure power discom loans

Tata Communications renegotiating Neotel sell-off

Tata, which owns 68% in the South African telecom firm, had agreed in May to sell its stake for $498 mn

Market blues halt stake sale in metal firms

FM asks PSBs to clean up balance sheets