BS Reporter
BS Reporter
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Electric vehicle makers seek exemption from GST
Society of Manufacturers of Electric Vehicles wrote a letter to FinMin seeking an exemption
 "Electric vehicle makers seek exemption from GST")
GSK Consumer net down 16%
Net sales fell 1.34% to Rs 1,135.6 crore against Rs 1,151 crore a year ago
 "GSK Consumer net down 16%")
Godrej Consumer net rises 44%
Net sales increased 11% to Rs 2,358 crore
 "Godrej Consumer net rises 44%")
Lloyd's to push for level playing field
Gets R1 licence for onshore reinsurance branch
 "Lloyd's to push for level playing field")
Wipro introduces Open Banking platform for BFSI clients
Such a platform will allow third-party developers to build applications to offer services of a financial institution
 "Wipro introduces Open Banking platform for BFSI clients")
Azure Power raises $470 million for solar projects in India
The company said this is one of the largest financing done till date in the Indian solar sector
 "Azure Power raises $470 million for solar projects in India")
Delhi pollution: Idea Cellular enables flexi timing, provides face masks to staff
The pollution levels have reached alarming levels in the national capital as well as in NCR
 "Delhi pollution: Idea Cellular enables flexi timing, provides face masks to staff")
Cognizant cuts annual guidance for the third time in a year
Annual revenue growth in the 8.5-9% range; Q3 net profit up 12% YoY
 "Cognizant cuts annual guidance for the third time in a year")
Delhi HC clears cable digitization hurdles, removes stay on DAS Phase 3
The DAS Phase 3 implementation deadline of Dec 31, 2015, had been impacted due to stay orders taken in various HCs
 "Delhi HC clears cable digitization hurdles, removes stay on DAS Phase 3")
Delhi smog: Metro suspends all excavation, backfilling works for 5 days
Water is sprinkled regularly to avoid soil erosion and dust pollution
 "Delhi smog: Metro suspends all excavation, backfilling works for 5 days")
Toyota launches new Fortuner starting at Rs 25.92 lakh
Petrol variant of the SUV also launched in wake of environmental concerns surrounding diesel vehicles
 "Toyota launches new Fortuner starting at Rs 25.92 lakh")
Bitcoin start-up Unocoin's API to boost Indian cryptocurrency market
Unocoin recently raised $1.5 million to support its growth
Periscope: New US Prez to be elected this week
The US will vote to decide who will be the next President on Tuesday
Cyber attack bloodless war, internet safety priority: Ravi Shankar Prasad
He said that problems of virtual world affects real world, therefore, govt cooperation is essential
 "Cyber attack bloodless war, internet safety priority: Ravi Shankar Prasad")
Jayalalithaa has completely recovered, says Apollo Hospitals chairman
Apollo Chairman Prathap C Reddy said, 'She can understand what is going on around her'
 "Jayalalithaa has completely recovered, says Apollo Hospitals chairman")
Suzuki opts for 2nd line in Gujarat plant
Maruti has a contract manufacturing agreement with Suzuki for the Gujarat factory, under which the Japanese major will sell products to Maruti on a no-profit-no-loss basis
 "Suzuki opts for 2nd line in Gujarat plant")
GMR Energy completes 30% stake sale to Malaysian power utility Tenaga for $300 million
The portfolio comprises operating capacity of 2,300 MW and pipeline capacity of 2,330 MW
 "GMR Energy completes 30% stake sale to Malaysian power utility Tenaga for $300 million")
Andhra Pradesh raises capital subsidy for electronic industry
Firms setting up manufacturing units can now get back as much as 50% of capital investment after commercial operations
 "Andhra Pradesh raises capital subsidy for electronic industry")