State-owned National Buildings Construction Co&rsquo;s (NBCC) initial public offering (IPO) may be launched on March 22, Sidhartha Pradhan, additional secretary in the government&rsquo;s Department of Disinvestment, told a television channel on Wednesday.

NBCC may launch IPO on March 22

Business Standard

Trades between FIIs generated a volume of Rs 54 crore on the BSE Wednesday-an increase of 275.54% from Rs 14 crore clocked on Tuesday. As many as seven stocks witnessed trades of 22.62 lakh shares on Wednesday.

FII-TO-FII: Grasim Ind traded at 7% premium

With the fate of the much touted Goods &amp; Service Tax (GST) still hanging in the balance, the state government has demanded that CST rate may be reverted to the original four per cent instead of the current rate of two per cent so that states do not lose out on revenue substantially.

Orissa demands reversal of CST rate at 4%

Only 46 per cent of the women working in Indian corporates and public sector undertakings are satisfied with their respective careers, according to a recent survey by the the Associated Chambers of Commerce and Industry of India (Assocham).

46% women satisfied with career: Survey

The Samajwadi Party on Thursday postponed its legislature party meeting to elect its chief ministerial candidate to Friday. As there is still confusion over the choice of chief minister, the meeting, scheduled for this evening after the party&rsquo;s parliamentary board meeting, was deferred to buy time to decide on the issue. According to sources, several MLAs, especially young ones, proposed Akhilesh Yadav&rsquo;s name for the top post at the parliamentary board meeting. They feel he would lead the party to victory in the 2014 Lok Sabha polls. Even senior party leader Ram Gopal Yadav has been supportive of this idea.

SP to pick CM after Holi

Congress president Sonia Gandhi, in a rare interaction with the media, attributed &ldquo;weak organisational strength&rdquo;, &ldquo;wrong selection of candidates&rdquo; and &ldquo;possibly price rise&rdquo; as the main reasons that led to her party&rsquo;s debale in the recent assembly elections in Uttar Pradesh.

Sonia lists poll failures

A day after the big verdict against national parties, chief ministers from states ruled by regional parties began showing their teeth.

CMs bare teeth at battered Delhi

The Reserve Bank of India (RBI) has asked banks to develop a unique system of customer identification across the banking system. This could be accessed by all banks while vetting loan proposals. The move follows concern on the multiple lending model, one in which a customer can avail of loans from multiple lenders. Limited knowledge on borrowers&rsquo; credit histories has been a challenge for banks.

RBI asks banks to adopt unique customer identification

Ratings agency Moody&rsquo;s on Wednesday downgraded various debt instruments of Bank of India by a notch, owing to a sharp rise in non-performing assets and pressure on profitability.

Moody's cuts Bank of India's ratings

State governments must chart individual plans to boost their manufacturing sector so as to help make its contribution 25 per cent of the country&rsquo;s overall gross domestic product (GDP) by 2025, the Planning Commission said on Wednesday.

'Enable states to plan manufacturing sector growth'

According to the Bangalore Chamber of Industry and Commerce (BCIC), with the sudden reversal in election results which came out yesterday, India Inc is left wondering if the UPA-II Government will be able to push through the much required second generation reforms in the ensuing Union Budget to sustain economic growth and instill confidence to investors and propel industrial growth which has taken a back seat for the past few months.

India Inc worried over reforms stalling post poll reversals

Alpine Wineries Private Ltd, a unit of Rs 600 crore SPR Group of Bangalore, which has interests in liquor manufacturing and retail, real estate, hospitality and granite businesses, has entered the wine market with three wine labels.

Alpine Wineries plans to expand footprint

The Confederation of Indian Industry (CII) has proposed an industrial corridor in the Krishna-Godavari (K-G) basin districts. It would lead a delegation to chief minister, N Kiran Kumar Reddy, in this regard soon, said AP chapter chairman, Jay Galla.

Ind corridor proposed in K-G basin districts

Chennai based Education Services Company (EdServ) will invest Rs 40 crore in its newly launched EdServ Training Institute (ETI), an instructor-led training centre.

EdServ to invest Rs 40 cr in training centre

With almost 90 per cent of the total capability in the aviation sector being in the triangle of Hyderabad, Bangalore and Chennai, it&rsquo;s time Tamil Nadu sets up an aviation park, said Kota Harinarayana, Dr DS Kothari DRDO Chair, Aeronautical Development Agency.

Call to put proposed aviation park in Chennai on fast track

The Marine Products Export Development Authority (Mpeda), under the Ministry of Commerce &amp; Industry, has tied up with the Food and Agriculture Organisation (FAO) and Infofish, a Malaysia-based international body, for developing and marketing freshwater fish in India.

Mpeda ties up with FAO, Infofish of Malaysia

The stage seems set for another showdown between the management and pilots of Air India (AI). A section of Kingfisher Airlines pilots has already stopped flying and, now, the Indian Pilots Guild (IPG), which represents AI pilots, has also threatened its members may refuse to fly from April 1, if all pending salaries and allowances are not paid by then. However, the union has not called for a strike.

Now, AI pilots may stop flying

4G Identity Solutions, a Hyderabad-based provider of biometric-based identification technologies for large-scale implementation, is eyeing a voter ID project valued at $50 million (Rs 250 crore) in East African country Kenya.

BS Reporter