BS Reporter
BS Reporter
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Jubilant Pharma to raise over $100 mn from IFC and others
Financing will facilitate corporate reorganisation enabling JPL to achieve sustainable growth: IFC
 "Jubilant Pharma to raise over $100 mn from IFC and others")
GMR Infra gets set for a stabilisation phase
The company has shed assets worth Rs 10,000 crore since January 2013
 "GMR Infra gets set for a stabilisation phase")
CESC net down 5 % in Q4
Net sales also dropped 17.63% to Rs 1,229 cr against Rs 1,492 cr in year-ago period
 "CESC net down 5 % in Q4")
Avoid online route to buy our cars: Renault
Company names Snapdeal.com, Flipkart, Amazon & others in the public notice
 "Avoid online route to buy our cars: Renault")
HM to pay part of dues to staff by June 2
No assurance yet on reopening Uttarpara plant
 "HM to pay part of dues to staff by June 2")
Decision deferred on shifting Sahara chief to Lucknow
Sahara group also proposed to sell three properties in the US and UK but since their valuation was not available
 "Decision deferred on shifting Sahara chief to Lucknow")
No rush to privatise Air India: Aviation minister
Raju said that new govt may not honour all commitments made by previous one
 "No rush to privatise Air India: Aviation minister")
Tobacco may attract higher taxes
Health Minister Harsh Vardhan says tobacco use is a preventable risk factor for major diseases
 "Tobacco may attract higher taxes")
ONGC Q4 net up 44%
For FY14, the company's net profit increased six per cent to Rs 22,095 cr, compared with Rs 20,926 cr in FY13
 "ONGC Q4 net up 44%")
Tata Motors' profit flat on local sales
Company missed estimates by a huge margin reporting a consolidated net profit of Rs 3,918 cr
Gadkari not in favour of road regulator
He said having a regulator would mean 'going back to licence raj'
 "Gadkari not in favour of road regulator")
Ambani's RIL takes control of Network18
Board clears Rs 4,000-cr for acquisition
 "Ambani's RIL takes control of Network18")
DoT seeks Trai suggestion on phase-2 of unified licencing
DoT committeeon UL had earlier proposed that de-linking could be addressed in second phase for a smooth transition
 "DoT seeks Trai suggestion on phase-2 of unified licencing")
B G Srinivas to join HK-based PWWC
Srinivas will be appointed as PCCW's group managing director and executive director, with effect from July 14
 "B G Srinivas to join HK-based PWWC")
Sun Pharma net up 57%
Net sales rose 32% to Rs 4,044 cr
 "Sun Pharma net up 57%")
Hindalco net halves on tax issue
Company's shares gain on operational improvement
 "Hindalco net halves on tax issue")
Fire in Surat textile market, loss pegged at Rs 400 cr
Fire broke out at 'Orchid' textile market on the Parbat Patiya Road of Surat
 "Fire in Surat textile market, loss pegged at Rs 400 cr")
BHEL net profit slips again
This is the seventh straight quarterly profit drop on weak order book
 "BHEL net profit slips again")
Coal India net down 18% on NTPC write-offs
Blames NTPC for violation of supply pact
 "Coal India net down 18% on NTPC write-offs")
Punjab govt tells state police to help NSEL with 5 defaulters
The five defaulters have an exposure of Rs 1,525 cr, or 30% of NSEL's total outstanding
 "Punjab govt tells state police to help NSEL with 5 defaulters")