BS Reporter
BS Reporter
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Uttar Pradesh joins Centre's discom revival scheme
40% of discom debt now under restructuring
 "Uttar Pradesh joins Centre's discom revival scheme")
MCLR effect: Upto 160 basis points may fall in loan rates
It would also lead to small negative impact on net interest margins
 "MCLR effect: Upto 160 basis points may fall in loan rates")
Markets close in the red after 4 days of gains
Downward revision of GDP estimate for FY16 cancel the 'Fed cheer' gain
 "Markets close in the red after 4 days of gains")
Birla group picks UltraTech and Grasim successors from within
K K Maheshwari would be the next managing director of UltraTech Cement
 "Birla group picks UltraTech and Grasim successors from within")
Disinvestment handled well, says FinMin in its report card
The ministry had set a target of raising Rs 69,500 crore from disinvestment in the years' Budget Estimate
 "Disinvestment handled well, says FinMin in its report card")
India lost Rs 26,200-cr hydrocarbons in past decade: CAG
Delays in production from Ratna, R-Series blocks blamed
 "India lost Rs 26,200-cr hydrocarbons in past decade: CAG")
Increase in US visa fee will not hit Indian IT sector: Narayana Murthy
He advised the IT sector to work harder and better to give more value to clients
 "Increase in US visa fee will not hit Indian IT sector: Narayana Murthy")
Domestic air traffic up 25% in Nov
IndiGo retains top spot with 35.5% market share, followed by Jet Airways-JetLite combine (21.3%) and Air India (16.2%)
 "Domestic air traffic up 25% in Nov")
Air Costa gets nod for national operations
The airline has three Embraer aircraft now and hopes to add another two by February
 "Air Costa gets nod for national operations")
NHRC notice to Air India over technician's death
Union tells technicians not to give engine start up clearance
 "NHRC notice to Air India over technician's death")
Cong demands recall of Arunachal governor
The Guwahati High court today said the Governor's conduct was "unworthy of the state's constitutional head"
 "Cong demands recall of Arunachal governor")
India's forex reserves increase $408 mn
Foreign currency assets up by $387.7 mn to $329.6 bn
 "India's forex reserves increase $408 mn")
Govt to set up public debt office via executive order
PDMA will bring both India's external borrowings and domestic debt under one roof
 "Govt to set up public debt office via executive order")
Sonia, Rahul to appear in court today
Congress plans 'show of solidarity' but claims workers will not make 'tamasha'
 "Sonia, Rahul to appear in court today")
Sebi proposes new norms for public issue of InviTs, additional tier-1 bonds
Puts in safeguards for issuance of these bonds to retail investors
 "Sebi proposes new norms for public issue of InviTs, additional tier-1 bonds")
Tea production for 2015-16 estimated to fall by 1.5%
Unfavourable weather conditions and considerable labour migrations have hurt the industry
 "Tea production for 2015-16 estimated to fall by 1.5%")
Enrolment of children in schools providing mid-day meals showing a 'consistent' decline: CAG
The report also pointed out that the mechanism in place for assimilating data on the number of children availing themselves of the scheme was seriously compromised
 "Enrolment of children in schools providing mid-day meals showing a 'consistent' decline: CAG")
Govt request for Google user info up 10.5% in H1 2015
In the first six months of 2015, total such requests was 3,087, up from 2,794 from the year ago period
 "Govt request for Google user info up 10.5% in H1 2015")
K K Maheshwari appointed as new MD of UltraTech Cement
He replaces O P Puranmalka with effect from April 1, 2016
 "K K Maheshwari appointed as new MD of UltraTech Cement")
Volkswagen launches new Beetle at Rs 28.73 lakh
The new Beetle is powered by a turbocharged 1.4L TSI engine and is mated to a 7-speed DSG gearbox
 "Volkswagen launches new Beetle at Rs 28.73 lakh")