Page 763 - Bs Reporter/workspace/business Standard Web/undefined

PropTiger reshuffles top deck after co-founder quits

Among notable additions to its executive team are Sunil Mishra as Chief Business Officer

Bansals-backed Ather Energy raises $12 mn from Tiger Global

Bengaluru-based start-up looks to launch first indigenously designed electric scooter by early next year

Tata Steel Europe urges workers not to support strike

The union members are locked in a dispute with the company about its proposal to change their pension scheme

Sun Pharma Q4 net down 44% at Rs 888 cr

However, total income increases 51% to Rs 6,157 cr

Jet Airways posts Rs 1,802 crore Q4 loss

Makes full impairment of its JetLite investment

M&M net plunges 39% on weak rural demand

This has forced the company to reduce its dividend payout for the year to Rs 12 per share from Rs 14 per share paid last year

Bank borrowing by corporate sector remains tepid

RBI had cut the key lending rates which had been passed on by banks to the end consumer

Centre offers Rs 500-cr subsidy for village BPOs

Seven states have proposed their own model for setting up broadband networks using NOFN

RCap net up 53% to Rs 407 cr

In the quarter, total income was up 37% on a year before, to Rs 2,527 crore

Ayodhya temple not priority: Rajnath

Modi govt's focus is development, he says, while defending RSS ideology

IOC Q4 net down 33% at Rs 6,285 cr

Total income also declined 30% to Rs 94,791 cr as against Rs 1.35 lakh cr in the year-ago period

IIT-Madras defends ban on students' body

Group was temporarily derecognised for allegedly distributing pamphlets criticising Modi's policies

Centre-Delhi govt turf war: SC, HC hear separate rival petitions

Both decline stay plea, ask for replies; HC says L-G will examine Kejriwal govt's transfer orders

Nandan Denim PAT up by 30%

Reports revenue growth of 22.7% YoY at Rs 1,096.53 cr for the year ended March 31, 2015

Builders' lobby seeks single format labour law

Labour ministry has given a positive reply and agreed in-principle to reform the law

Uber plans to expand footprint in Gujarat

The cab aggregator is currently present across eleven cities in the country, covering most major cities

IRDAI says all insurance policies can be digitised

Basic facilities for policyholder would be free, premier services to be charged

Fitch affirms and withdraws India's 'BBB-' issue ratings

Fitch will no longer maintain ratings on debt securities issued by Indian sovereign