BS Reporter
BS Reporter
Page 547 - Bs Reporter
Bausch + Lomb eyes 20% growth, launches new contact lens range
The company has roped in actor Lisa Haydon as its brand ambassador
 "Bausch + Lomb eyes 20% growth, launches new contact lens range")
Federal Bank launches local langauge mobile banking
Bank has become first bank in India to enable multi-lingual capability
 "Federal Bank launches local langauge mobile banking")
Aroma Group launches 5-star hotels 'Fragrant Nature Hotels and Resorts'
Its next hotel project will come up in 10 acres at Mararikkulam, near Alappuzha for Rs 100 cr
Fitch Ratings affirms JLR at 'BB-'
The ratings agency says JLR will continue to maintain sound profitability and a strong financial profile
 "Fitch Ratings affirms JLR at 'BB-'")
SMEs to get consultancy from IIM Indore students
Students study their problems and visit the industries with solutions
 "SMEs to get consultancy from IIM Indore students")
 "Crude oil could hurt remittances")
RSS hails 'atmosphere of expectations'
Bhagwat made light of the challenges of caste and minority fears, calling these 'small episodes'
 "RSS hails 'atmosphere of expectations'")
RBI unveils gold monetisation scheme norms
The minimum deposit shall be raw gold equivalent to 30 grams of gold of 995 fineness
 "RBI unveils gold monetisation scheme norms")
India remains less exposed to external shocks: Moody's
Indonesia remains exposed to financial market turbulence and also has strong links to China
 "India remains less exposed to external shocks: Moody's")
Zydus Cadila profit up 41% to Rs 391 crore
Operating revenue grew 17% to Rs 2460 crore and sales in US market grew 25% to Rs 1004 crore
 "Zydus Cadila profit up 41% to Rs 391 crore")
Gamesa wins 100 Mw Wind Power Project from Hero Future
Order value undisclosed; this is Gamesa's second order from Hero Group in a year
 "Gamesa wins 100 Mw Wind Power Project from Hero Future")
ATC buys 51% in Viom
Deal valued at Rs 7,635 cr; Srei Infra exits by selling 18.5%; Tata Tele pares holding to 35%
 "ATC buys 51% in Viom")
Festive cheer for workers: Bonus calculation ceiling doubled
All employees earning up to Rs 21,000 a month will be eligible for bonus, against the current cut-off of Rs 10,000 a month
 "Festive cheer for workers: Bonus calculation ceiling doubled")
Rajan preferred higher quantum of rate cut, ignored majority view of technical advisory panel
Three members suggested a reduction of 25 basis points would be a timely response avoiding falling behind the curve, signalling continuation of easy monetary policy
 "Rajan preferred higher quantum of rate cut, ignored majority view of technical advisory panel")
 "Idea Cellular lags Street estimates")
Domestic investors, MFs pitch for easier tax rules
Urge government to restore the rebate on securities transaction tax and make uniform KYC norms mandatory for financial products
 "Domestic investors, MFs pitch for easier tax rules")
Bajaj Auto's net rises 58% on higher exports
58% The net profit grew during the recently concluded quarter from higher exports and better realisation
 "Bajaj Auto's net rises 58% on higher exports")
Air Costa expects pan-India permit by mid-November
To launch services to Delhi after winter
 "Air Costa expects pan-India permit by mid-November")