BS Reporter
BS Reporter
Page 542 - Bs Reporter
States to offload 82,000 tonnes of confiscated pulses into markets
Move expected to cool retail prices before Diwali
 "States to offload 82,000 tonnes of confiscated pulses into markets")
Axis Bank net profit up 19%
Asset quality remained largely stable with GNPA remaining flat on a sequential basis at 1.38%
 "Axis Bank net profit up 19%")
'Phase-III radio auction players to see payback period of 7-9 years'
Payback period means the time required for the amount invested in an asset to be repaid by the net cash outflow generated by the asset
 "'Phase-III radio auction players to see payback period of 7-9 years'")
Rules, rain and fake cigarettes hit tobacco growers
Illegal cigarettes, excessive regulation and poor monsoon are hurting them
 "Rules, rain and fake cigarettes hit tobacco growers")
Kanoria Chemicals & Industries re-enters textile business
In talks with garment firms to sell denim from its Ethiopian plant
 "Kanoria Chemicals & Industries re-enters textile business")
Airtel, Eaton seal tower sale deal in Burkina Faso
As part of the deal, Eaton Towers has acquired 2,500 towers from Airtel in four countries
 "Airtel, Eaton seal tower sale deal in Burkina Faso")
India tops China, becomes biggest gold consumer
India's jewellery consumption in Sept quarter increases 5% to 193 tonnes, the highest quarterly consumption since the March quarter of 2011
 "India tops China, becomes biggest gold consumer")
Canada pension body sets up shop in India
Plans to double India allocation
 "Canada pension body sets up shop in India")
IndiGo IPO subscribed 86% on Day-1
Institutional investor segment sees nearly three times demand
 "IndiGo IPO subscribed 86% on Day-1")
Sebi plans new rules for rating agencies
The regulator might also prescribe rules for fund houses to avoid concentration risks in a single debt security
 "Sebi plans new rules for rating agencies")
Govt to award 100 highway projects in PPP mode next year
According to new norms, land acquisition and environment clearances would be handed over to the private contractor prior to commencement of project
 "Govt to award 100 highway projects in PPP mode next year")
RBI to notify sovereign gold bond scheme soon
Apart from bonds, other schemes include gold monetisation and selling of gold coins
 "RBI to notify sovereign gold bond scheme soon")
S H Kelkar raises Rs 152 cr from anchor investors
The company priced its IPO in a range of Rs 173-Rs 180 per share
ICICI Bank best private bank in India: Global Finance
J.P.Morgan Private Banking has been nominated as best private bank in world
 "ICICI Bank best private bank in India: Global Finance")
half of India's children have met or want to meet strangers online: Study
48% parents say meeting strangers online is the worst thing their kids could do but only 17% are keen to know if the kids are actually doing it
 "half of India's children have met or want to meet strangers online: Study")
Ceat net grows 30% to Rs 107 cr
Net sales fell to Rs 1,399 cr during the same quarter, a decrease of 2%
 "Ceat net grows 30% to Rs 107 cr")
Telangana CM requests Jaitley to raise borrowing limit to state
Telangana has been seeking relaxation of 3 per cent borrowing limit imposed by FRBM Act, claiming it needs more funds for its higher plan outlays
 "Telangana CM requests Jaitley to raise borrowing limit to state")
Strides Arcolab Q2 profit to Rs 19 cr
Plans to raise Rs 1,500 cr equity
 "Strides Arcolab Q2 profit to Rs 19 cr")