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Norms later this year on differentiated licences: RBI

Till now, RBI only grants full banking licence which are given within a particular time frame

CARE downgrades Corporation Bank's perpetual bonds

It reaffirmed a "AAA" rating for lower tier-II bonds

Orchid seals Hospira deal

The completion of BTA and CDR implementation are expected to help Orchid Pharma to rebuild the business

State to tighten noose on potato, onion hoarders

The decision will empower the state governments to undertake de-hoarding operations and control the prices of onions and potatoes

Biotech industry seeks level playing field

Excessive use of chemical fertilisers as subsided by the government at below the cost, has lead to many serious agricultural issues

Will Rail Budget deliver on big promises?

Despite a partial rollout on passenger fares, expectations are high that the rail budget will focus heavily on raising revenues and improving services

Forex reserves rise $857 mn

The Special Drawing Rights rose by $4 mn to $4.46 bn

Kaushal is new IDFC risk officer

Kaushal has taken charge from 1st July 2014 onwards

No rise in urea price, no cut in govt subsidy: Ananth Kumar

Centre in constant touch with states for adequate fertilisers supply

Centre moots chemical investment zones in Myanmar, Iran

To set up steering committees to expedite establishment of PCPIRs

Tata Power to sell 5% in Indonesia mine for $250 mn

This is the second such sale of its coal assets in Indonesia in the last six months

Tata Motors poised for change: Mistry

The company is gearing up to launch the Zest and Bolt in a few weeks

Skymet lowers monsoon forecast; odds of a drought at 60%

Chances of normal rain cut from 34% to 10%

Inflation firefight: Price stabilisation fund in offing

Central pool of onions to be set up; offences under Essential Commodities Act to be made non-bailable

Sebi suggests Skype breaks for Roy

The bench led by judge T S Thakur enquired if there was a video conferencing facility at the jail, but did not pass any directions

Sardesai, Ghose quit Network18 Group

Recounts challenges faced in setting up various channels, hopes new management will always put journalism first

Tata Motors to launch Zest, Bolt cars this quarter

Both of the will be powered by the company's Revotron 1.2-litre turbo-charged petrol engines

Amrit Group aims to sell 3 mn hybrid chicks this fiscal

The variety offered poultry farmers a cost saving of Rs 1 lakh per day on feed for at least 100,000 birds

DRI seizes red sander logs worth Rs 9 crore from Nadiad

DRI officials had received "specific intelligence" that red sander logs were going to be exported illegally

Adani Ports forms joint venture with France's CMA CGM Group

To develop new container terminal at Mundra with 1.3 million TEUs annual handling capacity