BS Reporter
BS Reporter
Page 861 - Bs Reporter
 "GoAir CEO De Roni quits")
Soros-backed Aspada backs InI Farms
InI Farms is a leading exporter of pomegranates and banana from India and has sales in nineteen countries across Europe, Middle East and South East Asia
Prior RBI nod may be mandatory for NBFC acquisitions
According to the proposal, an approval shall be required even for any change in the shareholding of an NBFC
 "Prior RBI nod may be mandatory for NBFC acquisitions")
RBI relaxes norms for NPA provisioning
Banks can now utilise up to 50% of provisioning buffer for making NPA provisions instead of the earlier 33%
 "RBI relaxes norms for NPA provisioning")
ICICI Bank repatriates capital from UK, Canadian arms
Canadian arm repatriates Canadian dollar 80 million, UK arm repatriates $75 million
 "ICICI Bank repatriates capital from UK, Canadian arms")
Katsushi Inoue takes over as Honda Cars India head
Hiroyuki Shimizu will be new Senior Vice President & Director, Marketing & Sales
 "Katsushi Inoue takes over as Honda Cars India head")
 "Temporary breather for companies on deposits")
Defence sector to throw up business worth $250 bn: DIPP
FDI in defence sector was hiked to 49% from 26% earlier
 "Defence sector to throw up business worth $250 bn: DIPP")
Ajay Piramal lends Rs 1,200 cr to Omkar Group's project
The housing project, Omkar 1973, is the flagship property of Omkar with three high-rise towers spread over an area of nine acres in Worli area of Mumbai
 "Ajay Piramal lends Rs 1,200 cr to Omkar Group's project")
Politics inflames Delhi civic mess
AAP-led govt and BJP-run municipalities trade fire over garbage strike, lack of funds for civic bodies; tell each other to ask Centre for help or quit
 "Politics inflames Delhi civic mess")
Gujarat high court gives tax holiday relief to gas producers
Niko's position on definition of undertaking upheld for the purpose of tax holiday provisions
 "Gujarat high court gives tax holiday relief to gas producers")
Vadra slams Haryana govt for manipulating auditor's report
Lawyers of Robert Vadra and Skylight say several facts about his firm's Manesar land deal were not presented before principal accountant general for political reasons
 "Vadra slams Haryana govt for manipulating auditor's report")
Sensex gains 517 points, snaps 8-day losing streak
Late rise in bank stocks on RBI's provisioning relaxation lifts indices
 "Sensex gains 517 points, snaps 8-day losing streak")
Karnataka to seek relook at cut in central grants
Chief Minister Siddaramaiah will meet PM and FM soon; Centre has cut allocation for Central schemes to Karnataka by 51%
 "Karnataka to seek relook at cut in central grants")
Kufos plans incubation centre, startup villages
It has proposed to start massive open online courses
Grameena bank eyes 20% rise in deposits
Deposits grow to Rs 8,178 cr during fiscal 2014-15 as against Rs 6,791 cr as of March 2014
 "Grameena bank eyes 20% rise in deposits")
CCI dismisses complaint against Tamilnad Mercantile Bank
Order was made after a complaint filed by a timber company
 "CCI dismisses complaint against Tamilnad Mercantile Bank")
ISRO successfully completes first orbit raising of IRNSS-1D
The fourth navigation satellite was put into orbit by a PSLV on Saturday
 "ISRO successfully completes first orbit raising of IRNSS-1D")
Magma Fincorp to train 100,000 truck drivers in fuel conservation
Bi-monthly workshops will be held in porta cabins equipped with LCD monitors; each cabin to house 15-20 drivers
 "Magma Fincorp to train 100,000 truck drivers in fuel conservation")
BHEL bags Rs 5,000-cr contract from Telangana power utility
The order is for setting up a power plant in Khammam district on EPC basis
 "BHEL bags Rs 5,000-cr contract from Telangana power utility")