BS Reporter
BS Reporter
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Black Money trail: Political parties ask Centre to comply with SC order on black money
Congress says most account holders may have BJP link; Kejriwal files intervention application in SC
 "Black Money trail: Political parties ask Centre to comply with SC order on black money")
Congress holds review meeting
Gandhi's remarks came as Congress continued to face a trail of defeat and there is a buzz about the possibility of sweeping changes in the party
 "Congress holds review meeting")
'27 Cong, NCP MLAs willing to join BJP'
Says BJP-led government in the state will not face any problem to prove majority on the floor of House
Asset quality pressure in retail NBFCs to stabilise only later this year: ICRA
These NBFCs continue to face a challenging period of subdued growth and build-up in delinquencies in first quarter of FY15
 "Asset quality pressure in retail NBFCs to stabilise only later this year: ICRA")
Shailendra Bhandari to step down from ING Vysya Bank
While his term was to end on August 31, 2015, he said he was leaving the company to pursue new challenges
 "Shailendra Bhandari to step down from ING Vysya Bank")
LN Mittal aide, Maheshwari, to leave ArcelorMittal
Another aide of Mittal, Malay Mukherjee, had quit earlier in 2009
 "LN Mittal aide, Maheshwari, to leave ArcelorMittal")
ING Vysya Bank net grows 2.2% to Rs 180 crore in Q2
Gross NPA ratio & Net NPA ratio improved to 1.59% and 0.42% respectively
 "ING Vysya Bank net grows 2.2% to Rs 180 crore in Q2")
Ola raises $210 mn in Series D funding led by SoftBank
Taxi aggregator gets $210 million from SoftBank, others
 "Ola raises $210 mn in Series D funding led by SoftBank")
State Bank of Hyderabad net jumps 90% in second quarter
Interest income during the quarter under review increased 4.7% to Rs 3,451 cr from Rs 3,296 cr in the year-ago period
 "AirAsia to add 13 aircraft by 2015")
ABB India reports 25% rise in Q3 profit at Rs 45 crore
Revenues for the period went up marginally by 3.30% to Rs 1,845 crore
 "ABB India reports 25% rise in Q3 profit at Rs 45 crore")
Nestle India Q3 net up 9%
The firm said the profit was impacted owing to higher input cost, which increased because of a rise in milk prices and its derivatives
 "Nestle India Q3 net up 9%")
Ranbaxy books first profit in six quarters, Q2 PAT at Rs 478 cr
The drug maker, acquired by Sun Pharma, had a loss of Rs 454 cr in year ago quarter when it took a foreign exchange charge of Rs 360 cr
 "Ranbaxy books first profit in six quarters, Q2 PAT at Rs 478 cr")
Credit to medium scale units drops by 23.5% in state
However, loans to micro and small enterprises rose 29.2 per cent
 "Credit to medium scale units drops by 23.5% in state")
Odisha chalks out Rs 1050 cr skill development plan
Of the total investment, Asian Development Bank's assistance will be Rs 660 cr, balance Rs 390 cr will be borne by state
Vedanta hopes to get over bauxite impasse in 3-4 months
CM assures to allow the company to use its IPP power for aluminium smelter
 "Vedanta hopes to get over bauxite impasse in 3-4 months")
Mentor Capital sells majority of its stake in Panasonic Appliances
The investment firm held 9.9 per cent stake in Panasonic Appliances
 "Mentor Capital sells majority of its stake in Panasonic Appliances")