BS Reporter
BS Reporter
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Odisha to submit report to Shah panel in 2-3 days
While the field survey at various sites in iron ore rich Keonjhar district has found some old and abandoned pits, no major irregularities have been detected
 "Odisha to submit report to Shah panel in 2-3 days")
'Less scope for further monetary policy actions'
Subbarao says CRR could be used for infusing liquidity
 "'Less scope for further monetary policy actions'")
Kudankulam plant: Proceed but no safety compromises, says SC
Asks the authorities to withdraw all criminal charges against those who had been opposing the Russian-aided plant
 "Kudankulam plant: Proceed but no safety compromises, says SC")
Cobrapost stings SBI, LIC, 21 other banks, insurers
All named institutions deny money-laundering allegations
 "Cobrapost stings SBI, LIC, 21 other banks, insurers")
CBI puts law minister, A-G in the dock
PMO, CoalMin officials also suggested changes to Coalgate draft report, SC told
 "CBI puts law minister, A-G in the dock")
 "Delhi 'most creative state' in India: Report")
Food security Bill taken up in Parliament amid ruckus
The Opposition seemed to have been caught off-guard when Congress leader Girija Vyas took up the Bill for consideration
 "Food security Bill taken up in Parliament amid ruckus")
 "LBT row: Mumbai retailers shut shop")
JPC extended till monsoon session
The 32-member committee is vertically divided, as 16 members of the opposition have joined hands to corner the Congress-led UPA in the parliamentary committee
 "JPC extended till monsoon session")
MPs' behaviour immoral: Amartya Sen
'The delay may be because of various reasons, but it is at the cost of the lives of millions of poor people'
 "MPs' behaviour immoral: Amartya Sen")
Lenders recovered Rs 1,000-cr dues from Kingfisher: SBI chairman
The consortium of 17 banks has an exposure of about Rs 7,000 cr to the airline
 "Lenders recovered Rs 1,000-cr dues from Kingfisher: SBI chairman")
RBI committee bats for help to exporters
Panel says there is an urgent need to boost India's exports so that the trade deficit is narrowed down and CAD stays within the projected cap
 "RBI committee bats for help to exporters")
Services PMI plunges to 18-month low
PMI for manufacturing sector also fell to its lowest level in April since November 2011
 "Services PMI plunges to 18-month low")
Jindal Poly Films surges on ExxonMobil biz acquisition
The company acquired global BOPP business of ExxonMobil Chemical for $235 million (approx. Rs 1,265 crore).
Travel agents fear move will lead to drop in commission
According to association members, the agents in Mumbai alone sell air tickets worth over Rs 100 cr a day
 "Travel agents fear move will lead to drop in commission")
SIB Q4 net profit increases 26.13%
The bank posts Rs 154 cr profit in Q4 as against Rs 122 cr in the same quarter of the last fiscal
 "SIB Q4 net profit increases 26.13%")
Low dredging subsidy might hit Kolkata Port Trust
Withdrawal of subsidy would result in suspension of dredging, which would not be a positive sign for KoPT
 "Low dredging subsidy might hit Kolkata Port Trust")
Adani Power's losses widen to Rs 586 crore in Q4
Analysts say losses a result of bad cost management
 "Adani Power's losses widen to Rs 586 crore in Q4")
RCom bills to rise 20-30%, others may not follow suit
Operators are likely to further cut discounts and free minutes in order to boost revenue
 "RCom bills to rise 20-30%, others may not follow suit")