BS Reporter
BS Reporter
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Some regions to receive less rainfall, says Skymet
Skymet said Uttar Pradesh, Punjab and Haryana would not be impacted by low rain as these areas have sufficient irrigation facilities
 "Some regions to receive less rainfall, says Skymet")
 "Fresh trouble for Greenpeace")
UTI picks up 8% voting rights in UB after default
The stake is worth Rs 1,950 crore
 "UTI picks up 8% voting rights in UB after default")
Ashok Leyland posts Rs 334-cr net profit
Total income climbs 36% to Rs 13,562 cr in 2014-15
 "Ashok Leyland posts Rs 334-cr net profit")
RCap to set up emerging business in International Finance Service Centre
Plans to set up alternate investment funds, commodity exchange business and other international business
 "RCap to set up emerging business in International Finance Service Centre")
Government mulls contingency plan to tackle power woes
The minister said thermal power plants would need to make up for the deficiency and called upon public and private sector coal and gas run power plants to help meet the deficit
 "Government mulls contingency plan to tackle power woes")
SBI reshuffles top brass
Anshula Kant to be CFO, P K Gupta to head SBI Caps
 "SBI reshuffles top brass")
OECD scales down India growth projections for 2015, 2016
The think tank scales down earlier projections for the economic expansion to 7.3% from the previous estimate of 7.7%
 "OECD scales down India growth projections for 2015, 2016")
Adani Enterprises falls 83% on de-merger day
Critics and investor forum say there should be a special session of trading for the company to arrive at a proper valuation after the de-merger
 "Adani Enterprises falls 83% on de-merger day")
CLSA cuts Sensex year-end target by 3% to 28,500
Citibank, UBS and HSBC have earlier revised downward their forecast on the Indian market
 "CLSA cuts Sensex year-end target by 3% to 28,500")
Markets tank as worries deepen
Concerns on deficient monsoon, rate cuts and sluggish corporate earnings drive 1,000-point decline in Sensex over 2 days
 "Markets tank as worries deepen")
Odisha sends samples of Maggi noodles for testing
As many as 25 samples of the instant noodles have been collected from 14 districts of the state
 "Odisha sends samples of Maggi noodles for testing")
Will implement Vizhinjam project at any cost: Chandy
The all-party meeting held in the state capital, however, failed to arrive at a consensus on the project
 "Will implement Vizhinjam project at any cost: Chandy")
Michelin ties up with TVS Srichakra to make bias motorcycle and scooter tyres
TVS Srichakra to produce tyres at Madurai facility
 "Michelin ties up with TVS Srichakra to make bias motorcycle and scooter tyres")
Kalyan Jewellers eyes Rs 200 cr turnover from Odisha
To consolidate its presence in the east, the Kerala-based jeweller is looking to open three jewellery showrooms in Kolkata during this fiscal
 "Kalyan Jewellers eyes Rs 200 cr turnover from Odisha")
Indian pharma yet to overcome data integrity issues: EY survey
Manpower shortage, compromise on quality, lack of understanding of GMP are key factors hindering the resolution of these issues
 "Indian pharma yet to overcome data integrity issues: EY survey")
Road ministry's target to build 30 km/day road in FY16 would need Rs 1.6 lakh cr: Report
During current financial year, the traffic volumes have picked up; in H1 FY15, the traffic growth has been 4.1% in PCU terms
 "Road ministry's target to build 30 km/day road in FY16 would need Rs 1.6 lakh cr: Report")
KPT, shipping ministry mull action in Rs 1,000 cr dredging scam
Sources in KPT as well as Shipping Ministry say that options are being evaluated with regards to what action can be taken against the official who has come under scrutiny
Delhi-based Lohia Group to launch electric three-wheelers in Gujarat soon
The company already has approvals from UP, Rajasthan and Orissa governments to enter those markets