Page 684 - Bs Reporter

Nestle misled authorities, FSSAI tells HC

Said the product approval given to Nestle, with respect to Maggi, was on the basis of the information provided by the company

Govt's two-pronged strategy to counter Oppn protests in Parliament

BJP to target Congress-run state govts for their role in alleged scams; LS Speaker warns of tough action if opposition MPs persist with disorderly conduct

Jungle Ventures appoints David Gowdey as managing partner

Gowdey will be based in Singapore where he will help lead Series A and B stage investments with a focus on the consumer internet sector

Sequoia Capital invests $20 mn in MedGenome

Abhay Pandey, Managing Director of Sequoia Capital, to join Board

Rajya Sabha panel for up to 20% GST rate; Congress wants it within 18%

In its dissent note, the Congress wanted the GST rate to be within 18 per cent

Adani raises $650 mn via dollar bond

First Indian company to raise dollar bonds after Greece, China crisis

World Bank predicts crude oil price rebound

Prices pegged at $57/bbl up from earlier forecast of $53/bbl

Earn while doing freelance sarkari job

Uninor net declines to Rs 70.3 cr

For the same quarter last year, it has posted an operating loss of about Rs 132 cr

Centre may empower states to include consent clause

Joint committee gets 2-week extension, secretaries to depose on Thursday

MakeMyTrip buys 28% in travel review site Holiday IQ for Rs 95 cr

The deal values Holiday IQ at around Rs 340 cr. The transaction will enable both firms to scale hotel content and reviews for Indian customers

Indian pharma players are yet to become digital savvy: report

Only 9 out of 40 pharma players were managed a score above 50 out of 100 and were categorised as Digital Primes

NW18 profit at Rs 5.8 cr

PVR profit grows 7 times in Q1FY16 to Rs 58.5-cr

Company sees 34% increase in consolidated revenues for quarter ended June 30 at Rs 486.8 cr

Bharti Infratel posts 24% increase in net profit at Rs 576-cr

For the same quarter previous year, the compnay posted net profit of Rs 463 cr

RIL likely to post good numbers in first quarter

Strong refining and petrochemical margins seen boosting consolidated net by up to 6%

JSW Energy Q1 net dips 14% to Rs 277 cr

During the quarter the company achieved an average plant load factor of 75% as against 84% in June 2014

JSW Energy tweaks growth strategy

Decides to acquire stressed assets & not to invest in greenfield projects; no plans of equity dilution due to strong balance sheet

Irdai sets up 3 committees to review regulations in insurance

ARCIL to raise $500 mn capital

Funds will be used to acquire non-performing loans from financial sector players in the country