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Sebi slaps Rs 13-crore penalty on RIL

Regulator charges company with violation of listing agreement; company contests charge

SAT to hear plea against Sebi order on mutual fund distributors on Sept 29

FPSB, one of the three applicants, had approached SAT against Sebi's February order

Sebi releases discussion paper on disclosures of securitised debt

Sebi has proposed that trustees would have the power to inspect books of account, records

Iraq conflict rattles Street; FIIs sell shares

Benchmark indices fall 1%, led by declines in capital goods, metals

IIM-A placements: Highest global salaries up by 28%, domestic by 10%

Syndicate Bank accused custody

Rupee recovers from 5-mth low

State Bank net up 3.3% as bad loan pressure eases

Net interest income grows 15%; states' farm loan waiver promises a worry

Hyd Metro Rail conducts test run

The company stated there are several tests to be conducted on the rolling stock both in static and running conditions in the depot and viaduct

Nagarjuna Fertilisers, Prathista tie up for nano tech nutrients

The nano-technology component for the fertilisers has been provided by the Indian Council of Agriculture Research (ICAR) through a licencing agreement with Prathista

Telangana bets big on food processing sector

The state would also support those who plan to invest in setting up common facilities in the mega food park at Nandipet in Nizamabad district

India Cements expects better growth in 6-9 months

The economic survey and experts have predicted the GDP to grow at close to 6 per cent during the current year from a lower than 5 per cent growth in the previous two years

Renault's AWD version of Duster this festive season

Renault has sold over a million Duster SUVs across the globe thus far, and has crossed the 100,000-unit sales milestone in India

Centre to set up task force for formulating fertiliser policy

The minister, however, did not mention any time frame for the task force to come out with the proposed policy framework

TI Cycles bets big on high-end bicycle sales

The company is planning to launch more models in its own super-premium brand Montra

AP to put up red sanders for global e-auction

Sale proceeds to form a source to fund the Rs 43,000-crore farm loan waiver

Soybean prices down on low demand

Currently, plant delivery prices are Rs 3875-3950 per 100 kg as against Rs 4150-4250 per 100 kg a fortnight ago

Deepak Nitrite to invest Rs 1,200 cr to set up phenol and acetone plant at Dahej

The capacity of the Phenol plant will be 200,000 million tonnes per annum (MTPA) and that of co-product Acetone will be 120,000 MTPA

UTI Mutual Fund aims to raise Rs 500 cr via new equity fund scheme

Expects new fund to take advantage of a cycle of high returns expected to begin from the ongoing bull run

Sugar factories facing severe crisis

Factories now have to think of cutting down their cost of production