Page 702 - Bs Reporter

Grofers raises $36 million

India's 7.5% growth spurt in 2015 & 2016 to surpass China's

Global growth, according to IMF, likely to be lower at 3.3%

Plant shutdowns hit vehicle sales

Sales were also impacted by the periodic plant shutdown in June

India and US sign FATCA as bulwark against black money

The FATCA will enable and facilitate smoother exchange of tax-related information between the two countries, and help both fight evasion

Highway equipment development council soon

Transit operators to issue prepaid mobility cards

Maximum amount to be loaded is Rs 2000; minimum validity of six months

RBI's prior nod must for NBFCs for acquisition, shareholding transfer of 26%

Approval would not be required for those directors who get re-elected on retirement by rotation

Sebi should not dilute RPT norms, says IiAS

Demands Companies Act align with Clause 49 in the interest of investors, and not the other way around

Cyber frauds on rise with increase in digital banking: Assocham-PwC

Report says financial fraud led to approximately $20 bn Rs 1.26 lakh cr in direct losses annually

IDFC to apply for final bank licence today

Move comes on back of Madras HC's approval for demerger of IDFC and IDFC Bank on June 29

Top-level exits at Flipkart

CTO Amod Malviya quits active role, while Engineering Head Sameer Nigam is going to pursue entrepreneurship opportunities

Morpho hackers target corporates such as Apple, Facebook: Symantec

The hackers have also attacked three major European pharmaceutical firms

Manpasand Beverages end flat on debut

The stock traded in between Rs 286 and Rs 343 a share before ending up 2% at Rs 326, compared to IPO price of Rs 320 a share

DPR for Gopalpur-Digha coastal road this year

About Rs 5,000 crore will be invested by the Centre for the project

Assocham to train MSME entrepreneurs in North-East

The focus would be on employment generation, skill development and promotion of organic farming for farmers to enhance their income

ED raids 15 places on illegal mining trail

Offices of Serajuddin, Indrani Patnaik, Thriveni Earthmovers searched

GSFC plans Rs 10k cr petrochemical complex at Dahej

The status of the petrochemical complex at present is at the feasibility study/ detailed project report stage

Rs 250-crore bus making unit comes up in Telangana

Set up by Deccan Auto Ltd, the plant will produce 3,000 buses initially, for both domestic and export markets

Wind power can attract Rs 1 lakh cr investments by 2020: CRISIL

Wind power capacity in India has grown by five-fold in last 10 years, touching 23,000 mw in March 2015

Siddaramaiah protecting Lokayukta to save his skin: HDK

Kumaraswamy says Lokayukta is pinning CM down in Arkavathy Layout cases, which is why he is going soft on graft charges against the watchdog