BS Reporter
BS Reporter
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 "RBI fines 12 banks in DCHL loan default case")
Markets snap 8-day winning streak
Sensex ends 145 points lower on profit taking
 "Markets snap 8-day winning streak")
 "Forex reserves rise to $317.85 bn")
 "New 10-year bond priced at 8.4% coupon rate")
Bank of India to raise Rs 2,500 cr
The tenure of the bonds is 10 years with a call option at the end of the 10th year
 "Bank of India to raise Rs 2,500 cr")
ICICI Bank may raise Rs 1,000 cr via infra bonds
The lender is planning to issue 10-year bonds worth Rs 500 cr with an equal over-allotment option, people familiar with the development
 "ICICI Bank may raise Rs 1,000 cr via infra bonds")
Coal scam: R S Cheema is special public prosecutor
The court of additional sessions judge Bharat Parashar will act as the special court for coal scam cases
 "Apex court told of facilities needed by Roy for asset sale")
Cotton Corporation to set up ginning mill in Andhra Pradesh
Plans to acquire 7.17 hectares of NTC's land on lease
 "Cotton Corporation to set up ginning mill in Andhra Pradesh")
IT company directors booked for cheating
The company failed to pay salaries of Rs 3 crore to over 100 employees
 "IT company directors booked for cheating")
Astral signs Salman Khan as brand ambassador
The Gujarat-based plumbing and drainage systems maker has roped in Khan for two years
 "Astral signs Salman Khan as brand ambassador")
Pulls up Gujarat govt of 'lack of security' in prisons
The audit watchdog has lambasted the state government's home department for "lack of effective monitoring mechanism in prisons"
 "Pulls up Gujarat govt of 'lack of security' in prisons")
Burden of Rs 473 cr on people due to excess purchase of solar power: CAG
The central auditor also criticised Gujarat government for awarding solar projects to 'ineligible bidders' that did not even fulfill financial or technical criteria
 "Burden of Rs 473 cr on people due to excess purchase of solar power: CAG")
Industry split on state's call to give land on 99-year lease
Industrialists say extension of lease period from 30 to 99 years should facilitate more foreign investments into the state
 "Industry split on state's call to give land on 99-year lease")
Fisheries board simplifies procedures for securing aids
Board has given 1,150 vehicles for fishermen and their societies involving an amount of Rs 11 cr
TN allots Rs 2,300 cr to improve roads, bridges
Another Rs 400 cr would be invested in upgrading roads, traffic signals and other requirements
 "TN allots Rs 2,300 cr to improve roads, bridges")
GVK set to launch operations of two new power projects this year
Another group firm with 52 mn tonnes of mineable reserves will supply coal to one of the power projects by November-end
 "GVK set to launch operations of two new power projects this year")
Online clearances for stalled projects
Around 44% of problems of all stalled projects are related to environmental issues
 "Online clearances for stalled projects")
Project Monitoring Group for revival of bauxite mining in AP
The state government is also planning to set up industrial nodes at various points
 "Project Monitoring Group for revival of bauxite mining in AP")
Odisha sitting over 300 PL bids for bauxite mining
Applications are pending at the level of the district collector, directorate of mines and steel & mines department
 "Odisha sitting over 300 PL bids for bauxite mining")