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No solution in sight yet to resolve OROP standoff

The ex-servicement fighting for OROP stayed away from the 50th anniversary celebrations of the 1965 war in New Delhi

Isro to launch US Satellite NISAR in 2021

Indian space research agency to launch 10 satellites every year, at least 2 would be using GSLV

Kharif sowing complete in 92% area

The area under pulses has increased by 12% so far to 10.55 mn ha this season, against 9.41 mn ha in the year-ago period

RBI's foreign exchange reserves rise by $920 mn to $355 bn

During the week, gold reserves remained unchanged at $18.25 billion

BJP top brass in Gujarat plan damage control

The party discusses political fallout of ongoing Patidar agitation in the wake of upcoming local body elections

Credit growth for SBI & associates grows at a slower pace compared to peers

Grew at 4.6% as compared to 11.3% in the same period a year ago

Irdai allows insurers to issue preference shares with some conditions

Says instruments must have been issued and paid-in in cash

No payment systems to work on 2nd, 4th Saturdays from Sept 1: RBI

Will work full day on other Saturdays; bank branches to be shut on 2nd, 4th Saturdays from next month

ibibo Group acquires minority stake in cloud-based hotel solutions provider Djubo

Djubo provides three solutions to the hotel industry through a single interface

BetterButter raises seed funding led by growX ventures

M&S Partners, angel investor Manish Singhal also invest in the food discovery platform

CMAI appoints PwC as adviser

To prepare an industry representation seeking 'merit list' status for ready-made garments for implementation of GST

Sensex, Nifty see biggest weekly drop since June

Benchmark indices fall 3.5% on China worries, though recovering a bit on favourable US news

Steel units lift 59% of OMC allocated iron ore in Apr-July

CAG flays Odisha govt for ineffective implementation of Biju Setu Yojana

Under the programme, the state government planned construction of 600 bridges during 2011-14

Ore starved steel units in Odisha seek CM's intervention

High iron ore prices and steep transportation cost has forced steel units to operate at depleted capacities

Petition filed in Madras HC regarding import of poppy seeds from Turkey

Madras High Court issued notice of motion and ordered interim stay on further processing of import applications

No material impact of US court order, says Sun Pharmaceuticals (spot)

Firm's US arm loses suit filed by employees claiming thie were laid off in 2009 without mandatory 60 day notice

Reliance group to make 200 light helicopters in Maharashtra

Firm will ivest Rs 6,500 cr in project, proposes to develop smart city for defence in Nagpur

IDBI looks for $500-750 mn overseas borrowings in second half

Plans contingent on market conditions

Transporters threaten strike from Oct 1

They say the twin issues of barrier-free movement and removal of tax deducted at source have not been addressed