Page 585 - Bs Reporter

UCX promoters 'not fit and proper', says FMC

Says promoters/investors in violation of shareholder norms, orders them to divest stake

Banks can upgrade loans for recast outside SDR

But, no exemption from Sebi's price norms for debt to equity conversion

RBS Bank to exit private banking business in India

Sanctum Wealth management acquires its business

RBI allows banks to provide partial credit enhancement to corporate bonds

Will enable corporates to access the funds from the bond market on better terms

Practo makes yet another acquisition

Buys Bengaluru-based Qikwell, its 4th such buy in 5 months

Traders roll over bets on rate cut hopes

Analysts said the market would see volatility ahead of RBI's policy review. It is widely expected the RBI will cut the policy rate by 25 bps on Tuesday

SBI, ICICI Bank get permanent seat at lender's forum for distressed assets

Dissenting lenders should exit consortium, says RBI

NSE, BSE to launch F&O contracts in Cadila, Bharti Infratel

Sub-committee to study online pharma sale invites comments

Move follows Snapdeal's online sale of prescription drugs that drew the ire of the FDA in Maharashtra

Korn Ferry enters into definitive agreement to acquire Hay Group

Hay Group is a global leader in people strategy and organizational performance, with 88 offices in 50 countries

Royal Sundaram Alliance to increase presence in health, commercial insurance

The company plans these businesses to have a better share in the GWP of Rs 4,000 crore expected by 2020

Dishman Pharma plans to bring intermediates made in China facility to India

The co will make APIs here using the intermediates; signs license agreement with Janssen to supply API for MDR TB drug globally

Siyaram Silk Mills buys rights of Italian brand Cadini

Cadini to contribute Rs 100 cr to Siyaram's total revenues next fiscal

AXISCADES signs contract with Siemens Wind Power

To open development center for the new client at Hyderabad

Airtel's E-Shakti makes 60,000 women internet savvy in 3 months

Company had partnered the Madhya Pradesh govt to create internet awareness and literacy among the women

After Airtel, Idea to charge all prepaid customers on per second basis

The telco will be moving its 15 lakh customers on per-minute plan to Pay Per Second Plan in next 30 days

Rupert Murdoch, son James to meet PM Modi today

The Indian media and entertainment segment expected to touch $100 bn from its current valuation of $20 bn

Reserve Bank proposes easier ECB norms

Draft paper allows wider set of investors, higher limits

Ford drives the new Figo at Rs 4.29 lakh

Will be the only hatchback in India to offer up to six air bags

R K Dhawan rejects ex-IB director Rajeswar's claims