BS Reporter
BS Reporter
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CBI books Renubala, five other MPs in LTC scam
Two days ago, the CBI officials had raided a printing press in the town, where fake bills for the LTC were being produced
 "CBI books Renubala, five other MPs in LTC scam")
Assocham requests Centre to levy 30% export duty on iron ore pellets
Currently iron ore pellets attracts 5% export duty against zero duty imposed earlier this year
 "Assocham requests Centre to levy 30% export duty on iron ore pellets")
FMC sets up to prepare roadmap for common clearing system
To strengthen risk management system and reduce transaction,the group to submit reports in 10 weeks
HIgh court declines to give relief to FTIL in stake sale directive
Financial Technologies had challenged the norms issued by the FMC regarding ownership of exchanges
 "HIgh court declines to give relief to FTIL in stake sale directive")
MNRE expects to clear earlier outstanding in subsidy schemes soon
The Ministry has sought Rs 6,000 crore for development of renewable energy in the country
 "MNRE expects to clear earlier outstanding in subsidy schemes soon")
Private airports pitch for open skies policy to boost air traffic
APAO members include airports in Mumbai, Delhi, Bangalore, Hyderabad and Kochi
Indosolar bags largest solar cell contract
Supplies will commence shortly and will be completed early Q1, 2015, keeping in mind the timeline of the National Solar Mission
 "Indosolar bags largest solar cell contract")
LTC scam: CBI books six present, former MPs
Lakhs of rupees are said to have been fraudulently claimed from the government through fake leave and travel concession
Gas leakage at Bhilai Steel Plant kills five; 26 hurt
The incident occurred after a valve of a water supply line at pump house-II burst, flooding the gas-cleaning plant area
 "Gas leakage at Bhilai Steel Plant kills five; 26 hurt")
'Relaxation in KYC norms a big boost for financial inclusion'
Bankers and industry experts believe that this will not only bring migrant workers but also students and people with a transferable job in the banking fold
 "'Relaxation in KYC norms a big boost for financial inclusion'")
Madhu Kapur allowed to challenge YES Bank AGM resolutions
Currently, Rana Kapoor holds 11.87% stake in YES Bank, while Madhu Kapur and her company own 10.37%
 "Madhu Kapur allowed to challenge YES Bank AGM resolutions")
Central bank to revamp inflation-indexed bonds
Norms on payment banks soon, says Khan; no raising of FII cap on G-secs
 "Central bank to revamp inflation-indexed bonds")
PM wants IFS to help boost exports
Narendra Modi says focus should be on expansion of trade and commerce, and technology transfer
 "PM wants IFS to help boost exports")
Ministry moots tax-free bonds for low-cost airports
Infusion of additional Rs 1600 crore to Air India also proposed
 "Ministry moots tax-free bonds for low-cost airports")
U B Pravin Rao: Home-grown leader elevated to COO post
Pavin Rao, a 28-year company veteran, to be second-in-command
 "U B Pravin Rao: Home-grown leader elevated to COO post")
 "Bain to sell half its stake in HeroMotoCorp")
Corporates commit Rs 35,000-cr investment to Uttar Pradesh
Essel Group, Reliance Jio and Fortis among key names to line up investment in UP's investor conclave
 "Corporates commit Rs 35,000-cr investment to Uttar Pradesh")
May retail inflation at 3-month low of 8.28%
Cooling prices of vegetables, dairy products come as breather
 "May retail inflation at 3-month low of 8.28%")
Industry grows at fastest rate in 13 months
But economists not yet calling April IIP numbers a recovery
 "Industry grows at fastest rate in 13 months")