BS Reporter
BS Reporter
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Budget proposals to generate growth with employment: Jaitley
Finance minister tries to allay worries of real estate bubble in foreseeable future
 "Budget proposals to generate growth with employment: Jaitley")
African scientists visit UAS, Dharwad
The team was interested in knowing the latest advances in seed science, technology, development and implementation of curriculum
Strides net up 12-fold
Net sales up 25% to Rs 188 cr, co also cites spate of USFDA approvals for better performance
 "Strides net up 12-fold")
Draft guidelines on staff division
The advisory committee on bifurcation of employees between AP and Telangana issued draft guidelines on Friday
Chouhan invites industry big wigs to invest in MP
The MP chief minister was in Mumbai today to talk about investment potential of the state
 "Chouhan invites industry big wigs to invest in MP")
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")
Tea Board looking to amend Tea Act 1953
Move primarily triggered by recent closing down of some tea gardens, specially in West Bengal
 "Tea Board looking to amend Tea Act 1953")
After turning around Firstsource, Sanjiv Goenka eyes more acquisition in IT space
The sales pipeline for Firstsource currently stands at $400 million, registering a 33% growth compared to the previous year
 "After turning around Firstsource, Sanjiv Goenka eyes more acquisition in IT space")
Ashok Leyland reports Rs 47.95 crore loss in Q1
Company's gained market share by 2.3 %
 "Ashok Leyland reports Rs 47.95 crore loss in Q1")
Biocon ups R&D expenses by 15%
Gross R&D spends at Rs 54 crore, is 10% of firm's biopharma revenues and Rs 7 crore over and above its gross R&D spend during same quarter last year
 "Biocon ups R&D expenses by 15%")
CAG Shashi Kant Sharma joins UN board of auditors
Takes over from Chinese Auditor-General Liu Jiayi at the sixty-eighth regular session of UN Board
 "CAG Shashi Kant Sharma joins UN board of auditors")
RCom subsidiary raises $350 million through global bonds
RCom will use $ 250 million of the proceeds to refinance the Standard Chartered Bank Loan Facility
 "RCom subsidiary raises $350 million through global bonds")
Reliance did not sideline me: Raghav Bahl
Raghav Bahl responds to various allegations made by critics ever since Reliance took over TV18 group
 "Reliance did not sideline me: Raghav Bahl")
Edelweiss Financial Services net profits up 41%
Broking business accounts for 7.4% of total revenue for the quarter
 "Edelweiss Financial Services net profits up 41%")
Cipla appoints Adil Zainulbhai as independent director
He already serves as an director on the boards of RIL, L&T and Network 18
 "Cipla appoints Adil Zainulbhai as independent director")
PNB Q1 net up 10% at Rs 1,405 crore
Asset quality worsens, gross NPAs rise to 5.48% from 5.25% q-o-q
 "PNB Q1 net up 10% at Rs 1,405 crore")
Higher FDI limit: Insurers might attract inflows up to $3.5 bn
The Cabinet on Thursday approved the hike in FDI cap from 26 per cent to 49 per cent through the FIPB route
 "Higher FDI limit: Insurers might attract inflows up to $3.5 bn")
Bill cleared to empower Sebi to deal with Ponzi schemes
Sebi Chairman UK Sinha said it would send a strong signal to those defrauding gullible investors with illegal schemes
 "Bill cleared to empower Sebi to deal with Ponzi schemes")
 "After Jaypee's QIP, Abu Dhabi firm pulls out of deal")
Cabinet clears 49% foreign investment cap for insurance
Control will have to be with Indian entities; foreign investors' voting rights not capped at 26%