BS Reporter
BS Reporter
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Bharti Infratel in race to buy Idea, Voda towers for Rs 5,000 cr
The company is also scouting for telecom tower acquisition opportunities in Sri Lanka and Bangladesh with its Rs 7,646-crore cash kitty
 "Bharti Infratel in race to buy Idea, Voda towers for Rs 5,000 cr")
Modi govt administers pledge for Rashtriya Ekta Diwas
He also flagged off a 'Run for Unity' to mark Sardar Patel's birth anniversary
 "Modi govt administers pledge for Rashtriya Ekta Diwas")
 "A timeline of Nokia's tax problems in India")
Closure of Nokia is unfortunate: Pon Radhakrishnan
Union Minister of State says Govt will take steps to ensure such closures do not happen in future
 "Closure of Nokia is unfortunate: Pon Radhakrishnan")
NDTV files fresh plea in contempt case against shareholder
Denies Quantum's allegations of non-disclosure to investors
 "NDTV files fresh plea in contempt case against shareholder")
Maruti Suzuki Q2 net up 29% at Rs 862 cr
Board recommends increasing FII limit to 40%; dividend pay out ratio in range of 18-30%
 "Maruti Suzuki Q2 net up 29% at Rs 862 cr")
Bharti Airtel net up 170%, highest since March 2011
Lifted by 74% increase in mobile data revenue in India; tops estimates
 "Bharti Airtel net up 170%, highest since March 2011")
 "Jaitley asks tax dept to focus on domestic black money")
Castrol sees benefit of falling crude from next year
The continued momentum in the personal mobility segment drove sales of the company to an 11% increase at Rs 799 cr during July-Sept 2014 quarter
In their second innings, Infy co-founders to incubate new ideas
Healthcare and sustainability to be prime focus as Gopalakrishnan and Shibulal launch incubator
 "In their second innings, Infy co-founders to incubate new ideas")
iNurture raises Rs 30 cr from Bertelsmann
'We aim to increase our presence in education sector on a global scale'
Indian Overseas Bank reports loss of Rs 245 cr
Provisions zoomed 44% to Rs 892.4 cr and asset quality worsened with the gross NPA ratio going up to 7.35% in the Jul-Sept period
 "Indian Overseas Bank reports loss of Rs 245 cr")
Andhra Bank Q2 net more than doubles at Rs 144.5 crore
Retail credit saw high growth during the quarter registering an year on year increase of 18.6%
 "Andhra Bank Q2 net more than doubles at Rs 144.5 crore")
Increase in provisions pulls down IDFC's net profit by 14% in Q2
The board also approved the demerger of financial undertaking of IDFC into IDFC Bank
 "Increase in provisions pulls down IDFC's net profit by 14% in Q2")
Allahabad Bank Q2 net profit halves to Rs 141 cr
Higher tax expenses, lower other income hurt earnings
 "Allahabad Bank Q2 net profit halves to Rs 141 cr")
YES Bank net profit up by 30%
Higher net interest income and lower provisioning in the period under review helped the rise
 "YES Bank net profit up by 30%")
Petrol and diesel price could be cut by Rs 2.50 per litre on Friday
Diesel rates were last cut in 2009 when they were reduced by Rs 2 a litre to Rs 30.86
 "Petrol and diesel price could be cut by Rs 2.50 per litre on Friday")
Austerity drive: No first-class travel, meets at five-stars, officials told
Also issued instructions for a mandatory 10% cut in non-Plan expenditure for all govt departments
 "Austerity drive: No first-class travel, meets at five-stars, officials told")
Senior bureaucrat bats for food security concern
Cabinet secretary asks WTO to not put issue on backburner but address it up front
 "Senior bureaucrat bats for food security concern")