BS Reporter
BS Reporter
Page 647 - Bs Reporter/workspace/business Standard Web/undefined
Allcargo acquires two large vessels
With this, firm now owns five cargo vessels, making it one of the largest players in logistics industry
 "Allcargo acquires two large vessels")
Bank of Maharashtra profit down 49.55%
Total income for the quarter grew 7.3% to Rs 3,526.13 crore
 "Bank of Maharashtra profit down 49.55%")
Isro's commercial arm earns Rs 209 cr by launching 5 British satellites
The mission was the heaviest commercial mission for Isro
 "Isro's commercial arm earns Rs 209 cr by launching 5 British satellites")
Essel Group and JA Solar to set up $ 200-mn solar module in AP
Solar modules project will be a 50:50 joint venture between both the companies
 "Essel Group and JA Solar to set up $ 200-mn solar module in AP")
Ashok Leyland to set up assembling facility in African countries
Company scouts for technical partner for defence business
 "Ashok Leyland to set up assembling facility in African countries")
Chinese devaluation could worsen local textile sector woes
Industry warns that spinning mills in north and southern India may shut down, resulting in large-scale lay-offs
 "Chinese devaluation could worsen local textile sector woes")
Symphony Ltd acquires Chinese air cooler company
Deal will boost Symphony's exports, especially to ASEAN markets via China, which has FTAs in the region
 "Symphony Ltd acquires Chinese air cooler company")
Bajaj Electricals is presenting sponsor of Badminton World Championship
India's ace shuttlers, including P V Sindhu, are vying with other top players from around the globe for the title of World Champion
 "Bajaj Electricals is presenting sponsor of Badminton World Championship")
June quarter sees sharp drop in gold demand
Unofficial import losing attractiveness, expected to fall significantly as import restrictions are being removed
 "June quarter sees sharp drop in gold demand")
IRB's Q1 net at Rs 166 crore
Order book stands at Rs 12,100 crore
 "IRB's Q1 net at Rs 166 crore")
OP Munjal: The uncrowned cycle king
He was the world's largest cycle maker, and almost every second cycle sold in the country sported the Hero badge
 "OP Munjal: The uncrowned cycle king")
AgroStar raises $4 mn from IDG Ventures India & others
The m-commerce company also counts Snapdeal's Kunal Bhal and Rohit Bansal among its early backers and mentors
 "AgroStar raises $4 mn from IDG Ventures India & others")
Reserve Bank warning on infra projects' loan refinancing
Following the issuance of the Reserve Bank of India (RBI)' 5/25 scheme, banks had taken up flexible structuring of a few projects
 "Reserve Bank warning on infra projects' loan refinancing")
Tata Steel to decide on UK long product unit in 4-5 months
Yuan devaluation to hurt the July-September quarter
 "Tata Steel to decide on UK long product unit in 4-5 months")
Industrial output grows 3.8% in June, most in four months
Driven by consumer durables and basic goods, manufacturing up 4.6%
 "Industrial output grows 3.8% in June, most in four months")
Indian airlines will need 1,740 planes in 20 years: Boeing
Says 84% of the new aircrafts required would be single-aisle and 15% would be wide-body aircrafts
 "Indian airlines will need 1,740 planes in 20 years: Boeing")
Uninor awards Rs 1,200 cr contract to Huawei for modernising its network
The Chinese firm will make Uninor's entire network in India 4G-ready
 "Uninor awards Rs 1,200 cr contract to Huawei for modernising its network")
 "Govt raises import duty on base metal items by 2.5%")
 "Ford enters compact sedan mkt with Figo Aspire")
 "Study shows rural job guarantee's positive impact on poor, women")