BS Reporter
BS Reporter
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Maruti in top gear with 80% surge in net profit
Company had previously recorded its highest quarterly profit of Rs 688 cr in the third quarter of FY10
 "Maruti in top gear with 80% surge in net profit")
 "Curb unauthorised chit fund activities: Manmohan Singh")
IPL matches shifted from Chennai to Delhi
Decision was taken since the TN govt was not easing its stand of not allowing Sri Lankan players to play at Chennai
 "IPL matches shifted from Chennai to Delhi")
'Making new Micra in Europe won't hit Chennai ops'
Nissan said it would make the new Micra at Renault's Flins plant in France for exports within Europe from 2016
 "'Making new Micra in Europe won't hit Chennai ops'")
Next target should be Rose Valley: Sushil Modi
Says Rose Valley are collecting money in Bihar in the name of hotel booking in places like Barasat
 "Next target should be Rose Valley: Sushil Modi")
Copper may fall to $6,000 level
Demand in China seen weak as its central bank has tightened liquidity to keep inflation under check
 "Copper may fall to $6,000 level")
CBI affidavit puts govt in a quandary
Cong fears law minister's conduct could bring PM under spotlight; uproar may wash out House session
 "CBI affidavit puts govt in a quandary")
ICICI Bank's Q4 net rises 21% on interest income
Better margin and lower provisions also drive growth
 "ICICI Bank's Q4 net rises 21% on interest income")
Monsoon to be normal this year
Rains between 95% and 105% of the LPA is considered normal
 "Monsoon to be normal this year")
Samsung launches Galaxy S4, prices it at Rs 41,500
The hand held device will be available for sale to customers from Saturday
 "Samsung launches Galaxy S4, prices it at Rs 41,500")
Hero net dips for third quarter in a row on weak sales
4.8% decline in net profit at Rs 574.23 cr for the fourth quarter ended March 31
 "Hero net dips for third quarter in a row on weak sales")
Biocon's Q4 net doubles
Revenues up 4% at Rs 649 crore
 "Biocon's Q4 net doubles")
Bajaj hits back, says RE60 not cheap car
The RE60 developed by Bajaj is not promoted as passenger car by the company
 "Bajaj hits back, says RE60 not cheap car")
No evidence of money laundering, says Kochhar
She, however, said the bank would tighten its internal processes further, to reduce "transactional errors"
 "No evidence of money laundering, says Kochhar")
LIC Housing Finance net up 25% to Rs 316 cr
Company's total income grew by 23% to Rs 2075 cr
 "LIC Housing Finance net up 25% to Rs 316 cr")
Arm's length tolerance band lowered to 1-3%
Lowering the band may further increase disputes between tax dept and taxpayers in transfer pricing
DoT seeks greater powers for Trai
Says the regulator should have more teeth for redressal of consumer grievances
 "DoT seeks greater powers for Trai")
Suzlon's REpower to slash 750 jobs
The mid-term outlook for wind power equipment was expected to remain uncertain and volatile, the company said
 "Suzlon's REpower to slash 750 jobs")
Mamata readies Bill to crack whip on chit funds
To convene state Assembly on Monday; meanwhile, FIR registered against party MP in Saradha scam
 "Mamata readies Bill to crack whip on chit funds")