BS Reporter
BS Reporter
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Uber to offer free 4G wi-fi internet to riders
Company has entered into an commercial partnership with Airtel
 "Uber to offer free 4G wi-fi internet to riders")
Investors' bodies need to reorient their roles: U K Sinha
Role of creating awareness and education in market calls for a much better co-operation and activity on part of investors' associations
 "Investors' bodies need to reorient their roles: U K Sinha")
HC dismisses plea by Vijaypat Singhania's grandchildren over assets division
The grandchildren wanted a share in the Singhania empire, had challenged a 1998 settlement
 "HC dismisses plea by Vijaypat Singhania's grandchildren over assets division")
New businesses to drive Birla group's future
To invest Rs 900 crore more in retail, financial services, e-com in 2015-16
 "New businesses to drive Birla group's future")
SBI pitches for teaser loans
Country's largest lender had withdrawn teaser loans after regulator had warned it may result in higher defaults
 "SBI pitches for teaser loans")
Rajan allays bankers' fear of competition from payments banks
Says such banks will play a complimentary role in the existing banking system
 "Rajan allays bankers' fear of competition from payments banks")
Will improve P-Note rules: Shaktikanta Das
However, no ban is contemplated, revenue secy tells business representatives; says next Budget could further reduce tax ambiguities
 "Will improve P-Note rules: Shaktikanta Das")
'Maintaining LCR, SLR, CRR a drag'
Banks have to set aside money out of deposits for Statutory Liquidity Ratio (SLR), Cash Reserve Ratio (CRR) and give loans under priority sector lending (PSL)
 "'Maintaining LCR, SLR, CRR a drag'")
Renault-Nissan to cut around 1,000 jobs at its Chennai factory
Most of them are working on contracts in the shop-floor
 "Renault-Nissan to cut around 1,000 jobs at its Chennai factory")
RBI panel lays down roadmap for UCBs to become commercial bank
Panel recommends RBI should have powers to constitute UCB boards, remove directors, audit UCBs, winding up UCBs
 "RBI panel lays down roadmap for UCBs to become commercial bank")
AirAsia India posts Rs 44 crore loss
The airline hasn't been able to break-even so far
 "AirAsia India posts Rs 44 crore loss")
Small finance bank licences likely next month: Raghuram Rajan
RBI had yesterday granted in-principle approval to eleven applicants for payments banks
Aditya Birla Group to aid start-ups
To provide them opportunity to scale up in a large operating business environment
 "Aditya Birla Group to aid start-ups")
Infosys launches three new service offerings under 'Aikido' branding
These services are centred around renewal of the core, which included all existing service offering and service lines, and innovation into new areas
 "Infosys launches three new service offerings under 'Aikido' branding")
Centre files petition Madras HC decision to allow Sun Group to bid in FM radio auction
The I&B and Home Ministries said that it is the exclusive privilege of the Centre to grant licence
 "Centre files petition Madras HC decision to allow Sun Group to bid in FM radio auction")
IiAS tells Coal India to appoint independent directors
The PSU is allegedly in violation of Sebi's clause 49 requirements for nearly a year, thus affecting board processes
 "IiAS tells Coal India to appoint independent directors")
Congress jolts BJP in Rajasthan civic polls
Raje and son Dushyant suffer losses in their strongholds
 "Congress jolts BJP in Rajasthan civic polls")
Maruti cars turn dearer by Rs 3,000-9,000
The increase became effective August 11; the hike comes after a gap of nearly two years
 "Maruti cars turn dearer by Rs 3,000-9,000")
Indian Angel Network invests Rs 3.9 crore in Flatpebble.com
Flatpebble was founded in May 2013 by former Microsoft employees Venkatesan Sheshadri and Pranav Mehta