BS Reporter
BS Reporter
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Jindal Stainless gets notice from JSL Overseas for conversion of preference shares
Conversion to equity will take Jindal Stainless share capital to Rs 46.24 cr
 "Jindal Stainless gets notice from JSL Overseas for conversion of preference shares")
IRB hopes to bag BOT projects of 300-400 km in 2015-16
Expects continued growth in cash flows from operations
 "IRB hopes to bag BOT projects of 300-400 km in 2015-16")
Subhiksha retail's founder sent to six days police custody
Was arrested by EoW last week in alleged cheating case of around Rs 150 crore
 "Subhiksha retail's founder sent to six days police custody")
Lenders turn the heat on Amtek Auto
Stock tanks 11% while the company says it is in advanced discussions with various Banks and financial institutions for re-alignment of its debt obligations
 "Lenders turn the heat on Amtek Auto")
70% of unsold homes in Mumbai are priced at Rs 1 crore each
JLL study reveals 30,501 out of 44,032 units fall in this ticket size
 "70% of unsold homes in Mumbai are priced at Rs 1 crore each")
Markets in bear grip; Sensex tanks 541 points
2% fall amid sell-off in Europe; most in two weeks as fears around China slowdown, US Fed rate increase resurface
 "Markets in bear grip; Sensex tanks 541 points")
Acquisition is not our strategy: Glenmark chief
Recently Lupin and Cipla acquired generic drug companies in the US to expand their presence there
 "Acquisition is not our strategy: Glenmark chief")
Domestic air traffic up 18.7% in August
Load factor increased to 77.2% compared to 75.3% in last August
 "Domestic air traffic up 18.7% in August")
Air India's Boeing 787 makes emergency landing in Kolkata
Yet another instance of technical snag causing grounding of plane
 "Air India's Boeing 787 makes emergency landing in Kolkata")
Bengaluru court directs Britannia to pay pensioners their dues
The court's verdict directs Britannia and the trustees to restrain from making any amendment to the pension funds, which is less beneficial to pensioners
 "Bengaluru court directs Britannia to pay pensioners their dues")
 "SC dismisses govt plea on RIL arbitration")
IFTRT seeks penalty on Volkswagen, GM in India
The transport research body said the Indian consumer is being taken for granted and auto makers are going scot free in absence of any mandatory auto recall policy in India
 "IFTRT seeks penalty on Volkswagen, GM in India")
COAI opposes compensation for call drops
Trai has sought stakeholders' comments on how a mobile user should be compensated for call drops
 "COAI opposes compensation for call drops")
Reliance sells 10% stake of mobile game biz for Rs 98 cr
China's Lead Eastern Group acquired the stake and will also form a joint venture with Reliance Games to produce mobile games for global market
 "Reliance sells 10% stake of mobile game biz for Rs 98 cr")