Page 564 - Bs Reporter

Textile industry asks govt to extend 3% interest subvention

Says govt must reduce various duties to help industry

Mobile payment app Chillr raises $6 mn from Sequoia Capital, others

Users can send money to people in their address book without knowing the recipient's account details

I-T dept slaps fresh tax notice on Nokia India

The demand comes at a time when the govt is trying to resolve pending tax cases to project India as an investment destination

Indian markets post biggest weekly gain since June

The benchmark 30-share Sensex gained 3.3% during the week, most since the week ended June 19

Passenger vehicle sales still a crawl

Up 3.8% in September; utility vehicles, vans drag volumes; passenger cars grow 10%

Sugar production for 2015-16 estimated at 26 million tonnes

Cabinet secy reviews prices of essential commodities

Forex reserves rise $827.4 million

Rupee ends at two-month high on dollar sales by banks, exporters

IndusInd Bank net profit up 30%

Exploring tie-ups with payments banks; to reduce base rate soon

Housing finance stocks cheer RBI's loan decision

Interest rate on home loans to come down by another 25-30 bps, says CRISIL

NBFCs' asset quality to stabilise in a year: Moody's

However, their non-performing loan (NPL) ratio might rise due to tighter norms

Air India puts 9 Dreamliners on sale

Rajasthan unveils start-up policy

Policy, unveiled by Vasundhara Raje, will setup 50 incubators/accelerators, support 500 start-ups and create 1 lakh sq ft of incubation to be developed

Sanjay Kapoor's exit from Micromax not smooth

Kapoor would send legal notice for denying him employee stock options the firm owned during his 15-month stint

SpiceJet adds six planes

Airline to induct four Boeing 737, two Airbus A319 and will operate 291 daily flights winter schedule

Apax buys 23.2% stake in Zensar

With over 8,000 employees, and 400 plus clients, Zensar is among major Indian IT players

JLR to invest $2 billion in the Slovak Republic

Facility to be operational in 2018 and is expected to create 50,000 supplementary jobs in allied sectors

April-September indirect tax collection up 36%

A bulk of the growth has been contributed by excise duty

Aurobindo's anti-psychotic drug gets final approval from USFDA

Aurobindo gets final approval for anti-psychotic drug Aripiprazole