Page 548 - Bs Reporter

Cabinet decisions: Ease of doing business gets a push; government clears two ordinances

Nod to Arbitration & Conciliation Act, and commercial benches in high courts

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

FinMin imposes anti-dumping duty on Chinese auto parts

The duties are slapped on Chinese items imported into India at prices less than even cost of production

BoB fraud not reflection of systemic problem: Sinha

The FinMinin claims efforts are being taken to close the gaps in the banking system

Change of guard at Indus Towers

COO Bimal Dayal named CEO-designate

Indiabulls Hsg Finance posts 24% growth in Q2 net to Rs 555 cr

Firm's total revenues up 32.7% during July-Sept quarter at Rs 2,246 crore

Federal Bank scrip falls on quarterly results

Provisions for few corporate loans that turned bad dragged lender's Q2 net profit down 33%

Infosys US visa case won't be reopened

He sued Infosys accusing it of harassment and breach of contract after he raised concerns about possible visa violations by the firm

Power Grid wins Rs 7000-cr transmission project

With the winning of Vemagiri-II, the basket of large projects with PGCIL increases. PGCIL currently has close to 97 per cent of India's interstate and inter-regional electricity transmission network a

India and Egypt to sign agreement on maritime sector soon

Will assist in exchanging and training of staff and students from various maritime establishments

HDFC Bank net up 20.5%

Net interest income, the difference between interest earned and expended, rose 21% to Rs 6,681 cr

Innovation to spur China's growth, says McKinsey

Innovation will need to contribute 50% of GDP or $3 trillion to $5 trillion per year to China's GDP

Price of pulses might fall in two weeks

On October 16 the Centre announced inclusion of importers, exporters, processors and large retailers under the purview of its stock limit order

Sebi issues new risk management norms for regional comexes

Minimum ordinary margins of 4% has been prescribed and levy of other margins have been left to the descreton of exchanges

MFs see robust retail folios addition in Sept quarter

1.5 mn new folios added in September, total number crosses 42 mn

Indian Railways to invite bids for rail health monitoring systems

rail ministry wants Condition-Based Monitoring Systems on its fleet which will signal deterioration in key equipment in advance

IMFA logs ten-fold rise in net profit at Rs 5.12 cr in July-Sept qtr

Spike in net profit has come mainly on the back of higher production and lower power cost

American Swan plans to hit Rs 300 crore GMV in six months

The company will play the discount game initially along with increasing its inventory

Cairn India Q2 net profit down 83% to Rs 193 crore

Average brent prices fell 18% quarter-on-quarter to $50.5 per barrel driving Cairn's average oil realization down by 22% to $43.7 per barrel

KCR, Badal to be among Naidu's guests at Amaravati event

They are among 17 VIPs who will share the dais with Narendra Modi at a stone laying ceremony for AP's new capital city