BS Reporter
BS Reporter
Page 543 - Bs Reporter
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")
Yamaha to launch a commuter segment product next year
The company expects 10% market share by 2018
Bharat Forge rejigs European operations
Restructuring will facilitate fiscal consolidation, tax consolidation, efficient management and reduction in cost of compliance
ReNew Power raises fresh equity of $265 mn
Equity increases to $655 mn, highest among renewable startups
 "ReNew Power raises fresh equity of $265 mn")
Medical researcher Ranjit Roy Chaudhury passes away
He was part of various policy and guideline making committees in Pharmaceutical and lifesciences sector
 "Medical researcher Ranjit Roy Chaudhury passes away")
Francesco Gori joins Apollo Tyres as Advisor for Strategy
Gori will support the company in its goal of international growth
 "Francesco Gori joins Apollo Tyres as Advisor for Strategy")
SpiceJet puts 300,000 domestic & international seats on discount
Base fares start at Rs 749 for domestic routes and Rs 3,999 for international routes
 "SpiceJet puts 300,000 domestic & international seats on discount")
TVS Motor Q2 net rises 23% to Rs 116 cr
Revenue up by 8% at Rs 2,881 cr
 "TVS Motor Q2 net rises 23% to Rs 116 cr")
Quintype raises $3.25 mn in funding round led by Raghav Bahl
Funding will be used to grow the product engineering and sales teams in the US and Bengaluru
 "Quintype raises $3.25 mn in funding round led by Raghav Bahl")
Moody's revises outlook on JSW Steel to negative from stable
The ratings agency says sustained lower steel prices will have an impact on the company's credit profile
 "Moody's revises outlook on JSW Steel to negative from stable")
NDA is 'scaled-up Congress plus cow', says Shourie
Arun Shourie, minister in the last NDA regime, says data on government claims should be and promises must be kept track of
 "NDA is 'scaled-up Congress plus cow', says Shourie")
Bharti Q2 net up 10% on high data usage
Also records one-time exceptional gain of Rs 660 cr from sale of tower assets in Africa
 "Bharti Q2 net up 10% on high data usage")
IL&FS needs tie-ups to invest in new projects
IL&FS has now approached investors to raise Rs 500 cr as preference shares on a private placement basis to retire its old loans and invest in new projects
 "IL&FS needs tie-ups to invest in new projects")
Vivo to ride on IPL to gain market share
The Chinese handset maker has set the ball rolling, releasing IPL's new title logo as well as the tournament cup
 "Vivo to ride on IPL to gain market share")
India, Africa foreign ministers discuss ways to expand ties
Third India-Africa Forum Summit began in New Delhi on Monday
 "India, Africa foreign ministers discuss ways to expand ties")
The rise and fall and arrest of Chhota Rajan
He is still wanted in a number of charges relating to extortion, murder, smuggling, drug trafficking and film finance
 "The rise and fall and arrest of Chhota Rajan")
HDFC Q2 net up 18% at Rs 1,605 crore
Total income rises 12.5% to Rs 7,466 crore
 "HDFC Q2 net up 18% at Rs 1,605 crore")
HDFC to raise $750 million via 'masala' bonds
Becomes first Indian firm to receive board nod to raise rupee-denominated bonds abroad
 "HDFC to raise $750 million via 'masala' bonds")