BS Reporter
BS Reporter
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Mauritius PM says will allay India's concerns on roundtripping of funds
Navin Ramgoolam discussed issue of long-pending treaty re-negotiation with his Indian counterpart Narendra Modi in their bilateral meeting today
 "Mauritius PM says will allay India's concerns on roundtripping of funds")
Jignesh Shah bail plea adjourned till 2 June
He was arrested by the Mumbai police on 7 May in connection with the Rs 5,600-crore NSEL scam
 "Jignesh Shah bail plea adjourned till 2 June")
Anjani Sinha judicial custody extended till 9 June
He could not pay a surety of Rs 5 lakhs as all his assets have been attached by the EOW
 "Anjani Sinha judicial custody extended till 9 June")
Krishna Mahesh new MD of Sundaram Brake Linings
K Mahesh, his predecessor and father, relinquished his position for personal reasons
 "Krishna Mahesh new MD of Sundaram Brake Linings")
Pon Radhakrishnan is new Minister of Heavy Industries & Public Enterprises
The lone BJP MP from Tamil Nadu known for his closeness to Modi
 "Pon Radhakrishnan is new Minister of Heavy Industries & Public Enterprises")
Jaitley to do balancing act on inflation-growth dynamics
Says he's taking over at a challenging time when economic growth needs a boost & inflation is to be contained
 "Jaitley to do balancing act on inflation-growth dynamics")
Nripendra Misra named principal secy to PM
'Will try to unchain potential implementation,' says Misra
 "Nripendra Misra named principal secy to PM")
India Q4 CAD dips to 0.2% of GDP
Balance of Payments into positive with addition to forex reserves
 "India Q4 CAD dips to 0.2% of GDP")
Sensex again retreats from Mt 25K
Several stocks drop sharply from day's high on profit-taking
 "Sensex again retreats from Mt 25K")
Leading bullion traders conducted wash trades on MCX: PwC report
Report also names 10 NSEL defaulters who were involved in the same practice
Government calls meet today to discuss low monsoon impact
The IMD had said there was a 60% chance of the El Niño weather phenomenon to impact the monsoon
 "Government calls meet today to discuss low monsoon impact")
Diageo advances USL open offer
Diageo would pay Rs 3,030 a share of USL, which is more than double the price of Rs 1,440 per share it offered in the previous bid
 "Diageo advances USL open offer")
 "Rupee weakens for 2nd day, falls 19 p")
Modi's wife spends day praying; no SPG cover yet
She spent the entire day praying before God along with her friends reciting 'bhajans' and 'shlokas'
 "Modi's wife spends day praying; no SPG cover yet")
Russian internet investing guru won over by Flipkart
E-tailer raises Rs 1,230 cr from investors led by Yuri Milner's DST Global
 "Russian internet investing guru won over by Flipkart")
 "Punjab waives stamp duty on property transfer to kin")
Zensar initiates employability skills development programme
Aims to make 500 engineering students from Maharashtra, AP IT-industry ready in one year
 "Zensar initiates employability skills development programme")
RBI tightens M&A norms for NBFCs
RBI's prior approval will not be required if a NBFC is acquiring less than 10% of another entity
RBI tightens M&A norms for NBFCs
Earlier, only deposit taking NBFCs were required to have the central bank's prior approval
 "RBI tightens M&A norms for NBFCs")