BS Reporter
BS Reporter
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NTPC bond issue oversubscribed by 2.5 times
Bids amounting to Rs 1,250 crore received against issue size of Rs 500 crore
Pune realty prices down first time in 5 years: Report
New project launches have fallen to 890 in the first half of 2016, compared with 1,064 during the corresponding period in 2015
 "Pune realty prices down first time in 5 years: Report")
Indian smartphone market sees revival after two quarters of fall: IDC
Smartphone shipment for Q2CY16 up 17% y-o-y
 "Indian smartphone market sees revival after two quarters of fall: IDC")
India Post Payments Bank incorporated, to start ops
Operations to start by September 2017
 "India Post Payments Bank incorporated, to start ops")
RBL Bank raises Rs 364 cr from anchor investors
The lender allotted 161.7 mn shares at Rs 225 apiece to investors
 "RBL Bank raises Rs 364 cr from anchor investors")
JetBlue expands its relation with Tata Consultancy Services
TCS to modernise the airline's IT foundation platform and enhance digital customer touch point
 "JetBlue expands its relation with Tata Consultancy Services")
Nihilent Technologies to acquire ICRA Techno Analytics for $10 million
ICTEAS has expertise in analytics, data engineering and business process management
 "Nihilent Technologies to acquire ICRA Techno Analytics for $10 million")
SC asks Unitech to deposit Rs 15 cr for delayed flats
The company said it was ready to pay rent for alternative accommodation of the aggrieved home buyers
 "SC asks Unitech to deposit Rs 15 cr for delayed flats")
 "Tree House, Zee Learn revise swap ratio")
A fourth of FIIs still prefer P-note access: PWC survey
Around 27% of the 203 FIIs surveyed said they won't prefer direct access to the Indian markets over P-notes
 "A fourth of FIIs still prefer P-note access: PWC survey")
Mid-level business travelers push occupancy at IBIS Hotels
IBIS Hotels have been registering an occupancy rate of over 70% even when the average occupancy stood at around 50-60% for other sister brands
 "Mid-level business travelers push occupancy at IBIS Hotels")
Reliance Brands inks pact with Scotch & Soda
Scotch and Soda stores will be set up by Reliance Brands by 2017 in all major cities
 "Reliance Brands inks pact with Scotch & Soda")
Jaitley may skip Saarc meet in Pakistan
The two-day conference of Saarc Finance Ministers is scheduled on August 25-26 in Islamabad
Cuberoot Technologies, Buttercups & salebhai.com raise funding
These start-ups are engaged in fields ranging from data technology to e-commerce
 "Cuberoot Technologies, Buttercups & salebhai.com raise funding")
IOB to conduct EGM to allot shares worth Rs 1,551 crore to GoI
The central government has recently announced an allocation of Rs 3,101 cr by way of preferential allotment of equity to the bank
 "IOB to conduct EGM to allot shares worth Rs 1,551 crore to GoI")
Tata Steel signs MoU with IIT Madras to set up research centre
The centre will conduct research to develop advanced materials
 "Tata Steel signs MoU with IIT Madras to set up research centre")
Magma Fincorp psots 3.6% rise in Q1 profit
Its net income from operations, however, remained flat at Rs 605.84 cr
 "Magma Fincorp psots 3.6% rise in Q1 profit")
Andhra removes incentives for edible oil refiners at ports
Complains of excess capacity
 "Andhra removes incentives for edible oil refiners at ports")
Xiaomi plans expansion in manufacturing capacity
Almost 75% of its smartphone units sold in India are produced in the country
 "Xiaomi plans expansion in manufacturing capacity")