Page 801 - Bs Reporter

Foodpanda to increase head count by fourfold in India

Company plans to increase its partnered restaurants to 20,000

Royal Enfield April sales up by 42 %

Domestic sales up by 43 %, while exports increased by 25 %

Govt withdraws PDMA, RBI Bill provisions from Finance Bill

RBI keeps all its existing powers for now; PDMA may be brought in through separate bill

Biocon's net increases by 78%

Company's revenue up by 15% to Rs 854 cr

Panel on Swachh Bharat to seek inputs from states

Will submit a report to Prime Minister Narendra Modi by the end of June

Renewable energy agency rapped in CAG inspection

Auditor says Ireda's Project Information and Documentation Monitoring System lacked data integrity, reliability and completeness

Govt shows intent to pass GST Bill this session

Bond yields at 3-month high

Norms for distribution of MF products by NBFCs eased

NBFCs are allowed to act as agents of its customers, forwarding their applications for purchase and sale of mutual fund units and the payment instruments to a mutual fund

Core sector shrinks in Mar, first time in 17 months

Output falls 0.1% dragged down by cement

Telcos to cut roaming tariffs from May 1, as per Trai norms

Applicable on calls and SMS, incoming and outgoing, after regulator reduced permissible ceiling charges

Oil subsidy sharing scrapped for 2015-16

ICAI to probe auditors' role in United Spirits fund diversion

They are to explain on what basis they certified the financial accounts of the company during 2010-2013

HCC recovers chairman's 'excess' salary

Proxy advisory firms had objected to Gulabchand's salary saying that it was not proper for him to draw such high salary when the company is in the middle of CDR

Foreign PEs, VCs, debt FIIs also get MAT relief

MAT exemption extended to overseas funds for interest income, technical fees, royalty

SC allows Gammon India to bid for upcoming 8 metro stations in Delhi

Gammon had moved an appeal against Delhi HC judgment upholding award of Rs 665 cr work to GYT-TPL

Dewan Housing Finance Q4 net up 15% at Rs 162 cr

Total income rose 11% to Rs 1,582 cr

Karur Vysya Bank net profit up 15%

Gross NPA increased to 1.85 % from 0.82%, posted a year ago

IDFC Q4 net up 48% at Rs 383 crore

Credit growth fell to 8.6% in FY15

Well down from FY14 and across sectors and segments; export credit shrank 11.9%, loans to individuals kept 15.4-15.5% pace