BS Reporter
BS Reporter
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Sebi asks mutual fund houses to provide voting rationale
Criteria on various disclosure requirements for AMCs tightened
 "Sebi asks mutual fund houses to provide voting rationale")
IIP to construct six towers in Mumbai
Commerce ministry sanctions Rs 70 cr to IIP and construction work on first tower has already started
 "IIP to construct six towers in Mumbai")
KCR promises Rs 50,000 cr budget for Scheduled Castes
The promise comes in the light of criticism faced by the TRS supremo for keeping silent on his original promise of making a 'Dalit' the first chief minister of Telangana
 "KCR promises Rs 50,000 cr budget for Scheduled Castes")
FTIL enters pact to sell IEX stake
Under the agreement, Golden Oak will buy 1,364,787 equity shares of FTIL in IEX (face value of Rs 10 each) for Rs 72.89 cr
AP bifurcation: Existing PPAs to continue in newly formed states
Unallocated power produced by Central generating stations will be distributed between two states based on actual energy consumption in last five years
 "AP bifurcation: Existing PPAs to continue in newly formed states")
Microsoft to promote local language computing
Product is aimed at bridging the digital divide that allows people to use computers in their mother languages
Panel formed for early completion of Info valley project
The Info-Valley, the second IT park in the city, the development of which is on slow lane, is spread over 600 acres of land
Panchshil signs brand licensing for premium residential projects
Panchshil under its brand licensing division will be lending its brand, its architectural and marketing expertise to Elite Landmarks for its upcoming project
 "Panchshil signs brand licensing for premium residential projects")
ZF Engineering to invest Rs 150 cr for Chakan facility
The plant is expected to be operational in the beginning of 2015
Anil Bioplus to foray into nutraceutical segment
Plans to invest Rs 150 crore for expansion
BJD drops 7 sitting MLAs in latest list for 15 assembly seats
Former minister Raghu Mohanty denied ticket
 "BJD drops 7 sitting MLAs in latest list for 15 assembly seats")
BJP's Prahlad Joshi files nomination
The BJP state chief who is eying a hat trick of victories was brought in a huge procession along with other leaders from the BJP's office
 "BJP's Prahlad Joshi files nomination")
Rupee ends at eight-month closing high
Rupee ended at Rs 60.79 compared with previous close of Rs 60.93 per dollar marking its strongest close against the dollar since August 1
 "Rupee ends at eight-month closing high")
China's GDP growth might fall to 4%: Robert J Shapiro
Says China has created an enormous amount of credit for fundamentally inefficient state-run enterprises
 "China's GDP growth might fall to 4%: Robert J Shapiro")
Financial Technologies to sell Rs 72.9 cr worth shares to Golden Oak
Company has entered into an agreement with Golden Oak to sell its 13,64,787 equity shares
 "Financial Technologies to sell Rs 72.9 cr worth shares to Golden Oak")
India's green energy financing policies need adjustments: CPI-ISB study
For wind energy, reducing debt cost to 5.9% and extending tenor by 10 years can cut thecost of total government support by up to 78%
 "India's green energy financing policies need adjustments: CPI-ISB study")
GAIL signs MoU with Chubu Electric Power, Japan
Under the MoU, GAIL and Chubu shall mainly explore possibilities for collaboration in the area of joint LNG procurement
 "GAIL signs MoU with Chubu Electric Power, Japan")
DGCA issues new guidelines for election flights
Says charter companies could lose licence for violations
 "DGCA issues new guidelines for election flights")
Homesick Indian travellers attached to home cooking, says survey
48% respondents rank it third after family and home
 "Homesick Indian travellers attached to home cooking, says survey")
Persistent Systems invests in Hyginex
This is the third investment made by the venture fund set up by Persistent Systems