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Discord over biotech authority Bill

BRAI will regulate research, transport, import, manufacture, use of organisms and products of modern biotechnology

Hefty fine likely on existing telcos

The companies include Bharti Airtel, Vodafone India and Idea

Now, Microsoft gets a tax notice

I-T department questions the profits attributed by US-based parent to its R&D centres in India

Sebi tells Saradha Realty to wind up operations in three months

The regulator also bars the company and its MD Sudipta Sen from the capital markets

HDFC Bank Q4 net profit increases 30.1% to Rs 1,889.8 cr

Higher interest income, better margin, lower provisions drive growth

'Unlike in 1993, new banks will find it tougher now'

RBI's Chakrabarty says meeting financial inclusion objectives won't be easy

Commerce Dept, PMEAC data don't tally

The dept considered trade deficit for FY13 at $190.91 bn, while PMEAC estimated it at $195 bn

CAG raps Centre, states on flagship rural job scheme

Spotlights numerous flaws, including non-payment of wages

Telcos to pay 8% AGR as licence fee

The licence fee would be at least 10% of the entry fee

Tata Steel to raise $750 mn via foreign bonds

Although the coupon rate is unknown, there is speculation that it might be a 10 year bond issue

Bharti buys Warid Telecom Uganda, ups Africa reach

Might have paid up to Rs 1,500 cr; becomes second biggest in that country but impact on revenue would be little

Sebi launches probe against Saradha Group

To probe whether Saradha's fund-raising business was within Collective Investment Scheme regulations

UTI AMC pay hike: SC asks Sebi boss to submit key documents

The court asked for the document during hearing of a writ petition filed by Bangalore lawyer Arun Agrawal challenging the appointment of UK Sinha as Sebi chief

Maha govt selects VMware for its MahaGov Cloud infrastructure project

Virtualisation and cloud computing to play a critical role in enabling the vision for e-governance in Maharashtra

Naveen approves e-auction of minerals

The e-auction of minerals likely to begin in 1-2 months

5% hike in iron ore royalty not enough: Odisha

Urges Centre to fix the royalty rate after proper examination of profits made by miners

Odisha submits status report to Centre on Posco project

1,700 acres of land have already been handed over to Posco where it has started peripheral works

Scotts Garments to set up new units in Karnataka, Maha

Company is proposing a public issue of 1,05,06,954 equity shares of Rs 10 each

OTIS elevators for Hyderabad metro

Heavy duty elevators and escalator will be fabricated in OTIS factories at Guangzhou in China

AP CM asks officials to sign pact for RLNG terminal in 15 days