BS Reporter
BS Reporter
Page 688 - Bs Reporter
One Rank One Pension, rural schemes likely on NDA government's menu
Various departments of the government are engaged in ironing out the kinks and working on the timetable of implementing the ambitious and expensive pension scheme
 "One Rank One Pension, rural schemes likely on NDA government's menu")
StanChart reshuffles top deck
Ajay Kanwal to head Asean & South Asia, India CEO Sunil Kaushal moves to head Africa & Middle East
 "StanChart reshuffles top deck")
India to have 500 mn internet users by 2017
By 2016, India is projected to have 236 million mobile internet users the report says, which would reach 314 million by 2017
 "India to have 500 mn internet users by 2017")
Bharti Airtel in talks with Orange to sell African subsidiaries
Airtel has operations in 17 countries across Africa
 "Bharti Airtel in talks with Orange to sell African subsidiaries")
Fairfax India to buy 74% stake in NCMSL for $126 mn
The transaction is subject to customary closing conditions and is expected to be completed later in 2015
 "Fairfax India to buy 74% stake in NCMSL for $126 mn")
Panel to soon give report on GST rates, says CEA
India is seeing good institutional reforms like GST, which is likely to be implemented on April 1, 2016: Arvind Subramanian
 "Panel to soon give report on GST rates, says CEA")
Federal Bank stock tanks 6% on asset quality woes, slump in net profit
The bank reported a 36% drop in net profit
 "Federal Bank stock tanks 6% on asset quality woes, slump in net profit")
Rupee weakens to three week low on dollar buying by banks, importers
The rupee ended at 63.67 compared with Friday's close of 63.47
 "Rupee weakens to three week low on dollar buying by banks, importers")
YES Bank files appeal against Bombay High Court order
High Court had termed "invalid" the appointment of two directors on YES Bank's board
 "YES Bank files appeal against Bombay High Court order")
Narayana Murthy's Catamaran co-leads Rs 30 cr funding round in Innoviti
In January last year, Innoviti had raised Rs 10 crore in a combination of debt and equity
 "Narayana Murthy's Catamaran co-leads Rs 30 cr funding round in Innoviti")
CCI defends proposed amendments
According to the recent amendments which regulator said would make the regulations more 'forward looking'
ED grills miner's son
The Enforcement Directorate (ED) today grilled Anurag Patnaik, son of miner Indrani Patnaik for about seven hours in connection with the illegal iron ore mining case
Odisha, Rlys in pact for Khurda Road-Bolangir rail link
The construction of the 177-km stretch will cost around Rs 2000 crore and the state govt will share 50%t (Rs 1000 cr) of the cost
 "Odisha, Rlys in pact for Khurda Road-Bolangir rail link")
Andhra's seed capital to be built on transit oriented principles
Singapore firms submit third stage master plan for new capital Amaravati
 "Andhra's seed capital to be built on transit oriented principles")
Nationalisation of banks a historical economic blunder: Subramanian
Says GDP growth rate from 2014-15 to 2015-16 will be greater than that of 2014-15 from 2013-14
LIC Housing Finance Q1 net up 19% at Rs 382 cr
The total income rose 17% to Rs 2,965 cr
 "LIC Housing Finance Q1 net up 19% at Rs 382 cr")
Tata Coffee Q1 profit down 17% on high raw material costs
Revenue grew by 6% to Rs 396 cr from improved business of its US subsidiary Eight O Clock coffee
 "Tata Coffee Q1 profit down 17% on high raw material costs")
Sebi restricts suspended cos from raising further capital
Strict measures to ensure ensure effective enforcement of listing conditions
 "Sebi restricts suspended cos from raising further capital")