BS Reporter
BS Reporter
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Manipur to get 400 KW power project soon
The estimated cost of project pegged at Rs 124 cr
 "Manipur to get 400 KW power project soon")
Idco to set up incubation centre for IT units
The project for incubating the IT/ITes (enabled services) units will comprise twin towers each of G+12 floors spreading over two acres of land
 "Idco to set up incubation centre for IT units")
IIM site: Centre seeks more clarity from Odisha
The ministry's queries have centred on available infra in the proposed location, presence of major biz centres, mega industries operating in the vicinity of the site
MCL banks on big mines to meet Coal ministry's target
Coal miner's production pegged at 250 mnt by 2020
 "MCL banks on big mines to meet Coal ministry's target")
India Cements reports Rs 36.6 crore profit in Q4
Last year reported a loss of Rs 157 crore; revenue drops by 7.25 %
 "India Cements reports Rs 36.6 crore profit in Q4")
Dr Reddy's, AstraZeneca ink agreement for diabetic dosages
Dr Reddy's will be distributing Riax and Riax-M in India and the partnership is likely to strengthen Dr Reddy's diabetes franchise in India
 "Dr Reddy's, AstraZeneca ink agreement for diabetic dosages")
Nava Bharat Q4 net down 47 per cent at Rs 24.40 crore
Net profit stood at Rs 46 cr in corresponding quarter last year
Amara Raja Q4 net up 28% to Rs 102 cr
Total income increases marginally to Rs 1,069 cr; net profit up 12% for the year
 "Amara Raja Q4 net up 28% to Rs 102 cr")
Air India may see operational profit this year, says CMD
The public sector airline had run into Rs 30,000 cr of accumulated losses and at some point it had lost the hope of any recovery
 "Air India may see operational profit this year, says CMD")
Fitch affirms and withdraws India's 'BBB-' issue ratings
Fitch will no longer maintain ratings on debt securities issued by Indian sovereign
 "Fitch affirms and withdraws India's 'BBB-' issue ratings")
Suzlon Energy's Q4 loss doubles to Rs 1,212 cr
Revenue declined to Rs 4,926 cr in Q4FY15 from Rs 6,645 cr in same period last year
 "Suzlon Energy's Q4 loss doubles to Rs 1,212 cr")
IRDAI asks insurers to maintain claims, policy records in electronic format
Insurance regulator intends to support electronic maintenance of policy and claims records
 "IRDAI asks insurers to maintain claims, policy records in electronic format")
Aadhaar not mandatory for voter i-card, EC clarifies
EC had earlier sought to link electoral photo identity card data with Aadhaar data, but now says furnishing Aadhaar is only optional
 "Aadhaar not mandatory for voter i-card, EC clarifies")
New India launches home insurance product
It is a home insurance plan covering natural perils like flood, earthquake, fire, burglary and terrorism
 "New India launches home insurance product")
FMC allows exchanges to register warehouses
Even without accreditation from Warehousing Development and Regulatory Authority
 "FMC allows exchanges to register warehouses")
SAIL FY15 profit down 20% at Rs 2,093 c
The company's crude steel production for Q4 stood 10% higher at 3.72 million tonnes
 "SAIL FY15 profit down 20% at Rs 2,093 c")
BEL net up 9% to Rs 723 cr in Q4
Net sales drop 7% to Rs 2,831 cr
 "BEL net up 9% to Rs 723 cr in Q4")
Neyveli Lignite Q4 net up 37% at Rs 677 crore
Company to increase power production to 2,990 MW during 13th plan
 "Neyveli Lignite Q4 net up 37% at Rs 677 crore")
April fiscal deficit at 23% of FY16 estimate
Arun Jaitley had budgeted the 2015-16 fiscal deficit to come in at 3.9 per cent of the GDP
 "April fiscal deficit at 23% of FY16 estimate")
Anand Narain Bhatia replaces A Vellayan as EID Parry Chairman
Vellayan stepped down after Sebi accused him of insider trading
 "Anand Narain Bhatia replaces A Vellayan as EID Parry Chairman")