BS Reporter
BS Reporter
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FMC permits NSEL to repay e-series investors
FMC has said the auditor agency, Choksy and Choksy, had found no defaults, and stocks of commodities matched those in demat form under e-series contracts
 "FMC permits NSEL to repay e-series investors")
 "Bank credit rises 14.7% in Feb")
Banks get another year to adhere to Basel-III capital norms
RBI tightens norms for non-equity capital raising
 "Banks get another year to adhere to Basel-III capital norms")
Third-party motor premia up marginally
Private car premia up 20%, for two-wheelers rise 9-10%
 "Third-party motor premia up marginally")
Lupin buys Laboratorios Grin
Mexico is one of fastest growing pharmaceutical markets in world valued at over $13.5 bn and growing at 9-10% annually
 "Lupin buys Laboratorios Grin")
Unitech inks Rs 1,000-crore office leasing deal
With this deal, Unitech has been able to get tenants for three million sq ft of the total 3.3 million available space at the building
 "Unitech inks Rs 1,000-crore office leasing deal")
AI entry into Star Alliance on track
Joining the Star Alliance will create more revenue options for Air India and its customers will enjoy a wider network
 "AI entry into Star Alliance on track")
Tanti re-appointed MD of Suzlon
The decision was taken via postal ballot from shareholders, who voted approval for an increase in his annual salary to Rs 3 cr from the current Rs 2 cr
 "Tanti re-appointed MD of Suzlon")
Telecom panel nod to slab-based penalties
DoT panel will now have a slab-based structure that would start from Rs 1 lakh with the highest being Rs 50 crore
 "Telecom panel nod to slab-based penalties")
 "RIL's sixth video against AAP allegations")
Net profit of realty firms fell 41% in last 8 quarters: Report
Consultant says operating profit of realty companies has been consistently clocking a quarterly run-rate of Rs 2,800 cr to Rs 2,900 cr since Q4 of FY12
 "Net profit of realty firms fell 41% in last 8 quarters: Report")
Sahara wants new Bench to hear its case
The court will take up the matter on April 3
 "Sahara wants new Bench to hear its case")
 "Coal scam: Prakash Industries - In the dock")
 "Coal scam: A chargesheet, FIRs & closure reports")
Nokia union alleges output cut at Chennai plant
Plans to conduct hunger strike on March 31 in Chennai demanding job security
 "Nokia union alleges output cut at Chennai plant")
MF investors bypass distributors
After institutional investors, HNIs also likely to follow
 "MF investors bypass distributors")
Nexus Ventures, Avalon invest $8.5mn in Indix
Indix is a a SaaS and Big Data product intelligence platform company
IBM eyes India market for its cloud services
Among newest IBM cloud centres to launch will be in China, the US, UK, Japan, India, Canada and Mexico
 "IBM eyes India market for its cloud services")
In Gujarat, 9% SMEs shut down operations: State govt official
According to Assocham, there are close to 300,000 registered SMEs in Gujarat
 "In Gujarat, 9% SMEs shut down operations: State govt official")
Odisha lags in implementation of transports services projects
Out of outstanding investments of Rs 93,944 cr in state as on Dec 2013, only Rs 3,3151.3 cr, roughly 35%, under implementation
 "Odisha lags in implementation of transports services projects")