BS Reporter
BS Reporter
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TTK Health to merge contraceptives biz
The company has received its board approval
Finolex Cables net down 13% to Rs 38.7 cr in Q4
Last fiscal, the company's net profit rose to Rs 145.2 crore compared to Rs 98.1crore in FY 11-12, a rise of 48%
Fertilizer subsidy to be down by 15%
After oil and food, the fertilizer sector is the third largest contributor to the country's subsidy bill
 "Fertilizer subsidy to be down by 15%")
I am part of govt: CBI chief
Sinha said that he had shared the status report of coal block allocation probe with law minister, not with an outsider
 "I am part of govt: CBI chief")
CAD to be below 5% this year: Rajan
The chief economic advisor pitches for 49% FDI in insurance
 "CAD to be below 5% this year: Rajan")
Core sector grows 2.9% in March
It implies heightened volatility, due to which many analysts are doubting the core sector data as well as the IIP data
 "Core sector grows 2.9% in March")
Petrol price cut by Rs 3 a litre
The revenue loss on diesel has touched a low of Rs 3.8 a litre
 "Petrol price cut by Rs 3 a litre")
HUL open offer: Large investors not enthused
The stand of Indian financial institutions such as LIC remains unclear, as after initial posturing, FIs tend to sell shares in open offer
 "HUL open offer: Large investors not enthused")
Majority expects easing cycle to continue in May 3 policy review: RBS survey
The survey points out that market participants are evenly split between 25 bps cut in CRR and no cut
 "Majority expects easing cycle to continue in May 3 policy review: RBS survey")
Reliance Jio, Vodafone join hands with other biggies
These markets are expected to see strong growth in broadband technologies and infrastructure expansion
 "Reliance Jio, Vodafone join hands with other biggies")
Bank retail credit up 14.5% in March
Loan growth slows down in priority sector
Inflation down, FinMin bats for rate cut
Inflation-indexed bonds to be launched by May, says Economic Affairs Secretary Mayaram
 "Inflation down, FinMin bats for rate cut")
Unilever offers $5.4 bn to raise HUL stake to 75%
Biggest open offer at 21% premium fails to enthuse large investors
 "Unilever offers $5.4 bn to raise HUL stake to 75%")
 "Bills may get Ordinance push")
 "Unilever's footprint in emerging countries")
Mistry builds his Team 'A' with young blood
The GEC comprises N S Rajan, 51, who has been appointed as chief human resource officer for the group
 "Mistry builds his Team 'A' with young blood")