BS Reporter
BS Reporter
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Gopal K Pillai to be new MCX-SX chairman
Thomas Mathew, former LIC chairman, made new vice-chairman
 "Gopal K Pillai to be new MCX-SX chairman")
NRI remittances touch a new high at $6.5 bn
Hits $6.5 bn mark in H1, to set new record of $8.5 bn this year
 "NRI remittances touch a new high at $6.5 bn")
Need RBI nod to accept deposits on behalf of WBIDFC: Allahabad Bank
CMD says bank was not sure if a non-banking finance company such as WBIDFC can raise public deposits through banks
 "Need RBI nod to accept deposits on behalf of WBIDFC: Allahabad Bank")
State Bank cuts short-term bulk deposit rate as liquidity eases
But hikes 180-210 day deposits by 20 bps; other banks maintains status quo
 "State Bank cuts short-term bulk deposit rate as liquidity eases")
Dr Reddy's Q2 profit jumps 76% on global generics biz
Revenue and net profit this quarter were the highest ever for the company
 "Dr Reddy's Q2 profit jumps 76% on global generics biz")
We are confident about India, says Unilever chief
Says markets here more stable than 20 years ago; wants more thinking aligning brands to a social purpose
 "We are confident about India, says Unilever chief")
IDFC net up only 2%, reflecting infra sector sluggishness
Consolidated operating income rose 5% to Rs 889 crore versus Rs 849 crore in the year-ago period
 "IDFC net up only 2%, reflecting infra sector sluggishness")
April-Sept fiscal deficit touches 76% of Budget estimate
Experts say slippage in the fiscal deficit target likely
 "April-Sept fiscal deficit touches 76% of Budget estimate")
Banking stocks rise on shortcovering, quarterly results
Buying activity picked up in public sector banking segment during second half of the day
 "Banking stocks rise on shortcovering, quarterly results")
Sept core sector growth signals infra recovery
At year's high of 8%; electricity, cement and coal rise in double digits
 "Sept core sector growth signals infra recovery")
Country needs Sardar Patel-like secularism, not a vote-bank one: Narendra modi
At foundation stone laying ceremony of Statue of Unity, Modi makes veiled attack on Congress, PM
 "Country needs Sardar Patel-like secularism, not a vote-bank one: Narendra modi")
NATRiP, Volvo to probe bus fire tragedy in Andhra
Volvo has said that its team will visit the site to find out the mechanical reasons behind the incident
Preparation to fire rocket progressing well, says Isro
Says vehicle systems powered up and the health of the systems is normal
 "Preparation to fire rocket progressing well, says Isro")
Isro, Nasa Mars missions set to see collaboration
Isro's MOM and Nasa's MAVEN spacecraft would join five other operational orbiters and surface rovers exploring the Red Planet
Amazon plans 1.6-mn sq ft office in Hyderabad SEZ
Amazon is working with architectural consultants for design and has completed field survey and contour mapping on 10 acres allotted by state govt
 "Amazon plans 1.6-mn sq ft office in Hyderabad SEZ")
Petrol price cut by Rs 1.15 a litre
Diesel gets decontrol dose; jet fuel price cut 4.5%
 "Petrol price cut by Rs 1.15 a litre")
Now, NSEL's promoter plays hardball
Nafed, with less than 0.01% holding, owes Rs 94 cr to the bourse on cotton procurement
 "Now, NSEL's promoter plays hardball")
ED raids Mohan India
Establishes direct fund transfer from company to the exchange official
 "ED raids Mohan India")
NGO seeks CBI probe into Mysore Minerals
Government earlier ordered CBI probe into illegal iron ore exports
 "NGO seeks CBI probe into Mysore Minerals")