Page 784 - Bs Reporter

Volkswagen India sees change of guard

On July 1, Andreas Lauermann will succeed Mahesh Kodumudi who is moving to Volkswagen Group of America

Customer loyalty has improved in insurance: IMRB International study

Findings show that compared to other channels like Bancassurance, customers who bought through agents have weaker perceptions about the companies

Karnataka preferred destination for investors: CM

Siddaramaiah claims the state attracted about Rs 1 lakh crore of investments during the first two years of his term

Ashok Leyland stops producing commercial passenger vehicle

Company to write down its investment in the vehicle JV with Nissan by Rs 225 crore

Rupee slide is not a concern as much as volatility is: Commerce secretary

However, dwindling exports is an important concern, its due to constraints of demand

Emami net up 24% at Rs 138 cr

For FY 2014-15 the company's net profit stood at Rs 485.45 crore as compared to Rs 402.43 crore last year

Priyanka Chopra's US television debut slated for September

In Quantico, she plays Alex Parrish, a FBI recruit suspected of masterminding a massive terrorist attack on NYC

Swiss Re appoints Kalpana Sampat as Principal Officer and Managing Director

She served 15 years as chief of Customer Service and Operations at ICICI Prudential Life Insurance

Eight power plants bid in second round of auction for gas-based power

Six plants are in Gujarat and two in UP

Bharti Airtel appoints Andrew Kossowski as CIO for Africa business

Kossowski was earlier working in Ericsson as the Vice President-Operations for Latin America and the Caribbean

Lupin, Marico, 6 others to debut on MSCI India Index

Reliance Infrastructure has been excluded from the global index

Vedanta appoints Ajay Dixit as Chief Executive Officer, Power

Dixit will be responsible to grow the business through synergies and drive operational excellence of the 9097 Mw power business

SpiceJet renews focus on ancillary revenue

The percentage of ancillary revenue as a part of total revenue of Indian carriers is estimated to be 5-7%

DBS submits application to RBI to set up a subsidiary in India

The lender is looking at having a network of 50-75 branches in the next three-five years

Bad loans will continue to plague banks: CRISIL

About 40% of restructured assets have turned NPAs, says CRISIL

BCCL to buy out Religare stake in life insurer

Bennett, Coleman and Company Limited has been a stakeholder in the life insurer ever since its inception in 2008

April CPI Inflation at 4.87%; lowest in four months

Hopes of rate cut by central bank rise

March industrial growth at 5-month low of 2.1%

Rose 2.8% in 2014-15 against contraction of 0.1% in previous year

Aditya Birla Retail buys Total Superstore

Slump sale deal continues with the consolidation in the $500-billion sector

To turn a profit by end-2016: Myntra

To be an app-only company from May 15; Eyes $5 bn gross merchandise value in next few years