Page 587 - Bs Reporter

No allocation for power units till court case is resolved

In May, CERC had disallowed any pass-through of fixed cost on final power supply rates by the producers which had won the blocks

Paytm invests $10 mn in logistics data start-up

Move in line with company's overall objective of investing to the tune of $150 mn in over a dozen Indian startup ventures

FTIL sells 2.46% more stake in energy exchange

Sold to group of five buyers for Rs 52.9 cr

Reserve Bank paper soon on improving of JLFs

The Reserve Bank of India has said it noted with concern the default on bond payments by Amtek Auto

Citibank launches new savings bank account offerings

For a Citi Priority account, the customer needs to maintain a banking relationship of Rs 15 lakh

CARE Rating downgrades SREI Infra Finance's long term ratings

Falling asset quality triggers rating review

China national rail company to prepare feasibility study for Delhi-Mumbai high speed rail link

Third Railway Survey and Design Institute Group Corporation, a subsidiary of China Railway Corporation, will work with Indian firms, dispatching rail experts to initiate the study

Chinese solar company to invest Rs 1,670 cr in AP

The MoU was signed in Delhi in the presence of CM N Chandrababu Naidu

30-40% of BPM works to be automated by 2025, says Nasscom-Everest Group report

Robotics Process Automation n is expected to impact around 6-8% of overall BPM spending by 2017

Centre sets up a fact-finding committee on claims of data integrity issues at GVK Biosciences

In July, European Union banned 700 generic drugs that were tested for bioequivalance and efficacy at GVK Bio's Hyderabad facility

Kuoni to focus on luxury and corporate travel segments

The company is focusing on Mumbai, Delhi and Bengaluru markets to increase in luxury tour segment.

Hardik Patel resurfaces after mysterious 'disappearance'

The High Court on Wednesday directed the Gujarat Police to produce Patel

Accenture Tech Lab builds analytics platform for enterprises

Its 'immersive environment' experience allows senior executives to look at a dashboard and understand visually multiple scenarios based on big data analytics

Paradip Port resumes normal operations after week-long standoff

Cargo loading/unloading had stopped last Wednesday as Dumper Owners' Association and Stevedores' body struck work

Intex bags 4G LTE handsets order from Reliance Jio

The handset vendor will be sending its first shipment of 20,000 handsets by next month

ABG Shipyard allots equity to lenders at Rs 275.92/share

Company allots 124,400 fully paid-up shares of Rs 10 each to lenders

ICRA downgrades L&T Halol Shamlaji Tollways following default on Rs 1,014-cr loan

Assigns ICRA D rating, indicating junk category

Manappuram Fin settles charges with Sebi

Co and management pay the regulator Rs 22 lakh to settle charges of trading irregularities

India Mart aims for Rs 2,000 crore revenue by 2020

The company is planning a shift in their strategy by focusing on big brands in their platform

Pfizer sells Thane plant for Rs 178 crore

The decision to close the plant was taken following an assessment of its long term viability