BS Reporter
BS Reporter
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Construction vendors launch single-window sourcing platform
Fourteen suppliers join hands under 'Power One' brand of offer all major products and services under one umbrella
The sister quartet of Apollo Hospitals
All the daughters of Prathap C Reddy today have been elevated to higher positions
 "The sister quartet of Apollo Hospitals")
E-Com, pharma attract lion's share of PE funds
Election, New Cos Act, uncertainties delay PE bounce back as value of investments slide 28%
Karnataka Bank targets Rs 5,515 cr agri loans in FY15
Bank to open 75 new branches across country this year, of which 29 will be in rural areas
 "Karnataka Bank targets Rs 5,515 cr agri loans in FY15")
RINL hikes product prices
Railway freight alone puts a burden of around Rs 100 cr a year on the company
Perkins plant in Aurangabad to be ready by 2015
The facility will have an intial capacity to produce 3,000 units a year
Ashok Leyland announces closure of QIP
Approves issue price of Rs 36 per share
 "Ashok Leyland announces closure of QIP")
RMW and Prime Focus merge global film and media svcs
RMW and the promoters of Prime Focus, Naresh and Namit Malhotra, will each infuse fresh equity capital of Rs 120 crore into Prime Focus at Rs 52 per share
 "RMW and Prime Focus merge global film and media svcs")
India ratifies Marrakesh Treaty
It facilitates access to published works for people who are blind, visually impaired, or otherwise print disabled
Apollo Tyres to invest $340 million in Chennai & Kerala
Company plans to raise $200 million to fund the capex plan and to pursue other opportunities
 "Apollo Tyres to invest $340 million in Chennai & Kerala")
Leela lenders sell Rs 3,880 cr loans to JM Financial
Hotel Leela has total debts of Rs 5,000 cr of which Rs 4,000 cr was from CDR lenders
 "Leela lenders sell Rs 3,880 cr loans to JM Financial")
Sriram Transport Finance expects demand growth in second half
Demand to pick up on the back of a spurt in infrastructure and mining activity
 "Sriram Transport Finance expects demand growth in second half")
GMR kicks off QIP to raise Rs 1,200 cr
The infrastructure major has set a floor price of Rs 33.14 per share for the QIP
 "GMR kicks off QIP to raise Rs 1,200 cr")
Vijaya Bank cuts term deposit rates by 5-50 bps
The reduction is effected on six slabs of different maturity period starting from 46 days to 1 year in respect of deposits of Rs 1 crore and above
 "Vijaya Bank cuts term deposit rates by 5-50 bps")
Muthoot Fincorp plans to raise up to Rs 200 crore via NCDs
This will be company's first NCD issue with which it plans to build up its loan portfolio
 "Muthoot Fincorp plans to raise up to Rs 200 crore via NCDs")
Govt raises onion export price to cool local prices
Exports will now be possible only at or above $500 per tonne
 "Govt raises onion export price to cool local prices")
ICICI PruLife, StanChart enter into bancassurance tie-up
The new 15 year agreement covers India and 10 other markets and has commenced on 1 July 2014
 "ICICI PruLife, StanChart enter into bancassurance tie-up")
BJP says businessmen linked to Congress behind the price rise
Says govt has sufficient stocks, price rise is artificial due to hoarding
 "BJP says businessmen linked to Congress behind the price rise")
FM hints at bold steps to cut fiscal deficit
Jaitley also indicates industry-friendly tax policies
 "FM hints at bold steps to cut fiscal deficit")
Car sales shift gears
Top firms' domestic sales up 18% in June; excise benefit extension seen as a boost
 "Car sales shift gears")