BS Reporter
BS Reporter
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Furniture e-tailer Pepperfry sets up offline store
Quite a few e-commerce sites have been setting up physical stores lately just in case the customers feel like having a tactile experience
 "Furniture e-tailer Pepperfry sets up offline store")
Paramilitary troops rushed to Gujarat, curfew in major cities
PM Modi, Gujarat CM Anandiben Patel appeal for peace
 "Paramilitary troops rushed to Gujarat, curfew in major cities")
 "India's population at 1.21 billion; Hindus 79.8%, Muslims 14.2%")
Markets, rupee bounce back from 'Black Monday'
Risk appetite returns after China slashes interest rates
 "Markets, rupee bounce back from 'Black Monday'")
 "India ranks 9th in Brookings financial inclusion report card")
IDBI to firm up three-year business plan to raise capital
K P Kharat, the new CMD, said the NPAs will not be sold to Asset Reconstruction companies
 "IDBI to firm up three-year business plan to raise capital")
Majority of RBI advisors advocated rate cut in August policy
One recommended the repo rate be cut by 50 basis points, while the rest suggested a 25 bps cut
 "Majority of RBI advisors advocated rate cut in August policy")
Need to regulate crowdfunding, crypto currency: S S Mundra
RBI Dy Governor cites concerns about consumer protection, grievance redressal, disaster recovery and business stability plans for intermediating electronic platforms
 "Need to regulate crowdfunding, crypto currency: S S Mundra")
RBI approves reappointment of Rana Kapoor as MD & CEO of YES Bank for 3 years
This is the fourth extension that Kapoor has received ever since the bank's inception in 2004
 "RBI approves reappointment of Rana Kapoor as MD & CEO of YES Bank for 3 years")
Draft IFC falls short of addressing concerns, says RBI's Khan
Any exercise to reshape the legislative architecture of financial sector should evolve organically, starting with an reassessment of where the current system has failed, he said
 "Draft IFC falls short of addressing concerns, says RBI's Khan")
Freshdesk, Grofers and OYO Rooms are next unicorns
Unicorn is a term used for start-ups that has gained valuation of $1 billion (Rs 6600 crore) from investors
 "Freshdesk, Grofers and OYO Rooms are next unicorns")
Maharashtra ACB registers first case in the multi-crore irrigation scam
Some official allegedly made false entries in several documents to forge the necessary clearances
 "Maharashtra ACB registers first case in the multi-crore irrigation scam")
Woxsen School of Business to focus on start-ups
Has already produced three start ups with one of them receiving Rs 1 crore funding
 "Woxsen School of Business to focus on start-ups")
Call drops: Modi reviews progress of infra sectors
Asks officials about steps being taken to address the problem directly affecting common man
 "Call drops: Modi reviews progress of infra sectors")
Telcos need to invest in infra to address call drops: Ravi Shankar Prasad
Also says telcos need to optimise their networks
 "Telcos need to invest in infra to address call drops: Ravi Shankar Prasad")
MCX to set up international exchange in GIFT city
The exchange will provide an electronic platform for facilitating trading, clearing and settlement of securities
 "MCX to set up international exchange in GIFT city")
Patidar rally brings Ahmedabad to standstill; marred by vandalism
Agitating group gives 48 hours ultimatum to Gujarat CM to accept memorandum
 "Patidar rally brings Ahmedabad to standstill; marred by vandalism")
Edelweiss Tokio Life gets FIPB approval for Tokio Marine to raise stake to 49%
Foreign partner will bring in up to Rs 540 cr with fresh issuance
 "Edelweiss Tokio Life gets FIPB approval for Tokio Marine to raise stake to 49%")
Four foreign banks apply to set up subsidiaries in India
RBI says foreign banks will also be permitted to acquire local private banks
 "Four foreign banks apply to set up subsidiaries in India")
 "Pledged shares face the brunt")