BS Reporter
BS Reporter
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Microsoft debuts Windows 10 in India and globally
All users who are using Windows 7 and above will get a one-year free upgrade to the new operating system
 "Microsoft debuts Windows 10 in India and globally")
36 new additional secretaries appointed
While some civil servants have been brought from the cadre, most have been designated additional secretary
 "36 new additional secretaries appointed")
Anti-hijacking Bill gets more teeth
The comprehensive anti-hijacking Bill that provides for death penalty for hijackers
 "Anti-hijacking Bill gets more teeth")
Essar Oil first quarter net profit up 55% at Rs 1,063 cr
Gross Refining Margin rises 22% to $11.05 per barrel
 "Essar Oil first quarter net profit up 55% at Rs 1,063 cr")
Zovi founders raise $50 mn to bridge online-offline retailing gap
Zovi will utilise the funds to launch an online-to-offline (O2O) marketplace for deals named 'Little'
 "Zovi founders raise $50 mn to bridge online-offline retailing gap")
YES Bank Q1 net rises 28%
Net interest income, the difference between interests earned and expended, grew 42.2% to Rs 1,059 cr
 "YES Bank Q1 net rises 28%")
Allahabad Bank Q1 net rises 30% to Rs 147 cr
The bank's net interest margin at the end of June 2015 stood at 2.91%, against 3.25% at the end of June 2014
 "Allahabad Bank Q1 net rises 30% to Rs 147 cr")
State discoms' debt recast only postpones stress: India Ratings
The rating agency says the root causes of revenue gap - transmission losses and insufficient tariffs - have not been properly addressed
 "State discoms' debt recast only postpones stress: India Ratings")
AIR, DD try to improve quality
Exercise on for inducting media professionals at market pay, revamp of programmes
 "AIR, DD try to improve quality")
46,000 MW of power projects facing viability issues: CRISIL
Annual 10% tariff hikes for next 3 years crucial for discoms to break even
 "46,000 MW of power projects facing viability issues: CRISIL")
Short-maturity funds outperform in June quarter: Crisil
Cautious central bank drags performance of longer-maturity funds
 "Short-maturity funds outperform in June quarter: Crisil")
Healthcare Global Enterprises files for IPO
Makes it the 24th company to do so this year
 "Healthcare Global Enterprises files for IPO")
Syngene IPO subscribed nearly 32 times
Biocon's contract research services arm had set Rs 240-250 a share and planned to sell 22 mn of these
 "Syngene IPO subscribed nearly 32 times")
 "ITCstck decline before Q1 results")
Indian bourses eyeing Fed meet, F&O expiry
Better earnings limits downside risk if Fed meets no rate hike hope
 "Indian bourses eyeing Fed meet, F&O expiry")
Short-sighted policy key roadblock to infra development: Srei Infra CMD
He was speaking at the two-day Indian Management Conclave at ISB
 "Short-sighted policy key roadblock to infra development: Srei Infra CMD")
AP aiming at new industries with upto Rs 25,000 cr investment each year
The state's industries department thinks the single desk facility that was recently introduced would help in getting the projects off the ground quickly
 "AP aiming at new industries with upto Rs 25,000 cr investment each year")
Odisha to start refund of chit fund depositors' money soon
The law and finance departments would come out with a procedure to refund money lost by investors in chit fund fraud cases
Odisha ropes in KPMG to draw up long-term industrial strategy
The objective is to identify the potential sectors for industrial development and address the gaps in policy, infrastructure and investment promotion
 "Odisha ropes in KPMG to draw up long-term industrial strategy")