Page 549 - Bs Reporter

Uber Bengaluru office stoned by protesting drivers

Drivers were protesting against reduction of incentives by the firm

Mphasis beats forecast with 15% rise in profit

Revenue from direct international business grew by 7.9% from previous quarter

Bajaj Auto Q2 net rises 58% at Rs 933 crore

Income from operations rises 2.26% to Rs 6,098 crore

Employee referrals, retention top priorities for companies in 2016: LinkedIn

65% organisations in India use employee referrals to hire people

Maruti's royalty payment to Suzuki rises 6.6 times in 15 years

In the past decade, royalty payments as a percentage of pre-tax profit have increased from 13% to 36%

Hero MotorCorp net up 1%, beats estimates

India's rural consumption of automobiles has been under pressure since the past year due to erratic and deficient rainfall

Office space absorption rises in Sept quarter, says Colliers

23% of total absorption in Gurgaon, followed by Chennai at 20% Bengaluru (18%) and Mumbai (15%)

Qualcomm, Norwest Venture invest $10 million in health-tech startup Attune

Attune to use funds to expand ops in India, Africa, West Asia and South East Asia

Opinio raises $7 mn from Delhivery, Accel

Sahil Barura, CEO of Delhivery, has joined the board of Opinio following the investment

Tata Steel UK may cut 1,200 jobs

With average cost per employee at $ 80,000, job cuts could lead to some savings for the producer, say analysts

Swedish firm Recipharm acquires Nitin Lifesciences for Rs 671 crore

This is the largest inbound deal in the sterile injectables space in the last two years

Airtel to use $1.7 bn of tower sale proceeds to retire debt

That's 60% of the firm's total tower base, proceeds to go towards reducing its debt

US FDA raises concerns on Cipla's Indore plant

Firm says it is working with regulator to ensure highest quality

Pollution control body pushes for stricter compliance of sewage treatment norms

In a pilot project, CBDT to send online notices to taxpayers

The project would be launched in five non-corporate charges at Delhi, Mumbai, Bengaluru, Ahmedabad and Chennai

Wind plant components exempt from excise duty

The move is taken to 'reduce litigation and improve ease of doing business in the important sector of non-conventional energy'

India-Pakistan cricket series hits a wall

PCB chief says he's no longer hopeful about series, but confirms Pak will take part in T20 championships next year

Engage in debate, not vandalism: Jaitley

He further condemned incidents of intolerance, saying it is against the traditions of our culture

Transfer-pricing norms relaxed

The government came out with two solutions for transfer pricing disputes: Multiple year data and range of comparable prices

Insurance firms back to drawing board to redraft JV agreements

Irdai gives three months to comply with new rules