BS Reporter
BS Reporter
Page 800 - Bs Reporter
BJP terms Shourie fair-weather friend
Many party members believe it was a case of sour grapes as Shourie wasn't included in the Modi cabinet
 "BJP terms Shourie fair-weather friend")
Bank of India cuts base rate by 25 bps to 9.95%
The new rate will be effecective from Monday
 "Bank of India cuts base rate by 25 bps to 9.95%")
Two-wheeler sales skid in April on rural slide
Poor crop realization, slowdown in rural wages pull back rural economy, impacting retail off-takes in major markets
 "Two-wheeler sales skid in April on rural slide")
Niko seeks extension for term loan payment
Company says milestones not achieveable by April 30, as originally envisaged, seeks extension till May 31
 "Niko seeks extension for term loan payment")
PM meets secretaries of infra ministries
The meeting has been called to assess the work done in the sector, as the govt is about to complete one year in office
 "PM meets secretaries of infra ministries")
Transporters threaten farmer-like suicides
Threaten move if their diesel vehicles are removed on the basis of age and not number of km travelled or pollution emission standards
 "Transporters threaten farmer-like suicides")
TVS Motor Company posts 14% sales growth in April 2015
Scooter sales up 15%, Motorcycles grow by 13%, three-wheelers up 48%
 "TVS Motor Company posts 14% sales growth in April 2015")
Former BJP minister Arun Shourie slams Modi, Shah, Jaitley troika
Advises Modi and his government to learn to embrace others and maintain a low profile
Rising car sales in April hint at a recovery
Car makers see pickup in economic activity leading to better financial year
 "Rising car sales in April hint at a recovery")
Foodpanda raises $100 million from Goldman Sachs, others
It has now raised over $310 million since its launch in 2012
 "Foodpanda raises $100 million from Goldman Sachs, others")
Genpact profit drops 11. 6%, revenue up 11.2%
Global client growth rate accelerated to 13% in the first quarter of 2015
 "Genpact profit drops 11. 6%, revenue up 11.2%")
Non-subsidised LPG price cut by Rs 5 per cylinder, ATF costlier
Each 14.2 kilogram market-priced cylinder will now cost Rs 616 in Delhi, Rs 627.50 in Mumbai, Rs 649 in Kolkata and Rs 608.50 in Chennai.
 "Non-subsidised LPG price cut by Rs 5 per cylinder, ATF costlier")
Parliament to take up black money, GST bills next week
FM Arun Jaitley said the government aims to curb unaccounted money and ensure all foreign transactions became transparent by 2017
 "Parliament to take up black money, GST bills next week")
 "Lahiri panel invites industry to discuss tax issues")
 "Forex reserves at all-time high of $345 billion")
 "New India Assurance to focus on health, motor portfolios")
Despite surplus, AP to buy power from stranded gas plants
Reverse bidding process for allotment of gas by Union Power Ministry starts from Saturday
 "Despite surplus, AP to buy power from stranded gas plants")
AMC launches smart cards for property
The smart property cards can be accessed through mobile phones as well as web
 "AMC launches smart cards for property")
India rejects US body's damning report on religious freedom
The report mentions that India's anti-conversion laws are "one-sided, only concerned about conversions away from Hinduism but not towards Hinduism
 "India rejects US body's damning report on religious freedom")
Jet fuel price raised by 0.5%
The minor increase comes after a 2% cut in jet fuel price in April
 "Jet fuel price raised by 0.5%")