BS Reporter
BS Reporter
Page 768 - Bs Reporter
ArcelorMittal, SAIL tie up to make auto steel in India
The proposed joint venture would construct a cold rolling mill and other downstream finishing facilities in India
 "ArcelorMittal, SAIL tie up to make auto steel in India")
Markets post third straight weekly gain
Rate cut hopes, positive global market bolster scrips, though declines outnumbered gainers
 "Markets post third straight weekly gain")
GST & land Bills priorities for the year ahead: FM
Jaitley claims a year of 'decisive and corruption-free' governance has set the stage for double-digit economic growth
 "GST & land Bills priorities for the year ahead: FM")
Domestic air traffic up 23% in April
IndiGo consolidates leadership position with 37.8% market share
 "Domestic air traffic up 23% in April")
Bid to simplify transfer pricing maths
Use of multiple-year data and widely accepted 'range concept' on cards
 "Bid to simplify transfer pricing maths")
Cigarettes continue to be a drag on ITC profit
Company misses Street expectations, net up by 3.6% at Rs 2,361 cr
 "Cigarettes continue to be a drag on ITC profit")
MRPL again mulls retail foray; fourth quarter net up 9.5%
Q4 profit enables company to reduce its annualised loss to Rs 1,712 cr from a loss of Rs 2,800 cr at the end of third quarter
 "MRPL again mulls retail foray; fourth quarter net up 9.5%")
Ceat Q4 net grows 50% to Rs 94 crore
Consolidated net sales grew by 2% during the period to Rs 1,466 cr
 "Ceat Q4 net grows 50% to Rs 94 crore")
Vellayan resigns as Murugappa chairman
Group says Sebi's order linking him with insider trading is based on mere suspicion
 "Vellayan resigns as Murugappa chairman")
Coal scam: Bail for Naveen Jindal, 9 others
The court granted bail to all the 10 accused on a personal bond of Rs 1 lakh each and a like surety
 "Coal scam: Bail for Naveen Jindal, 9 others")
RBI has built defences against volatile capital flows, says Rajan
According to latest RBI data, foreign exchange reserves were at an all-time high of $353.88 bn
 "RBI has built defences against volatile capital flows, says Rajan")
SBI wants two more MDs, plans HR recast
All the business verticals will now report to MDs
 "SBI wants two more MDs, plans HR recast")
Bank of India and MasterCard launch new products
Bank of India Business Debit MasterCard, Platinum Credit MasterCard and International Travel MasterCard will help enhance the payment experience for customers
 "Bank of India and MasterCard launch new products")
RBI's FX reserves at all-time high of $353 bn
During the week gold reserves remained unchanged at $ 19.34 billion
 "RBI's FX reserves at all-time high of $353 bn")
More disclosure possible on debt recast under JLF
With JLF launch in April 2014, action has shifted from Corporate Debt Restructuring, with banks forming 355 JLFs up to Feb 2015
 "More disclosure possible on debt recast under JLF")
 "Kerosene sop formula talks on with states: Watal")
SBI net up 23% in March quarter
Improved asset quality, less of slippages; loan recovery to remain a priority, says chief
 "SBI net up 23% in March quarter")
Panel on health insurance wants 5-year products on pilot basis
These products would cover risks otherwise generally excluded today, with option to renew or not after 5 years
 "Panel on health insurance wants 5-year products on pilot basis")
Shree Renuka Sugars sees a turnaround in March quarter
Total income from the company has declined by 10% to Rs 1,684 crore for the fourth quarter compared annually
 "Shree Renuka Sugars sees a turnaround in March quarter")
Lupin to replace Tata Power in Sensex; DVRs to make index debut
Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index
 "Lupin to replace Tata Power in Sensex; DVRs to make index debut")