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UBS cuts Nifty target to 9,200
The 50-share index ends at 8,606 on Friday
 "UBS cuts Nifty target to 9,200")
Centre, Odisha to forge SPV for coal evacuation
In the SPV, the Odisha government will have 10% equity
OSBC writes to govt for cancellation of licences of five beer companies
SABMiller, Carlsberg, United Breweries at the receiving end
 "OSBC writes to govt for cancellation of licences of five beer companies")
Odisha approves lease extension of 26 mines
Miners are required to execute lease deeds with the state government within a span of 90 days
 "Odisha approves lease extension of 26 mines")
Varun group registers 20% growth in turnover
In the current fiscal, the company is expecting 10-12% increase in the turnover, according to Prabhu Kishore, its chairman
Karnataka Milk Federation set to expand in TN, AP
Plans to set up parlours in Chennai and Hyderabad
 "Karnataka Milk Federation set to expand in TN, AP")
Badanavalu Satyagraha gaining momentum
The satyagraha has attracted the likes of Medha Patkar and Bollywood actor Irrfan Khan
Wipro sees huge opportunities in new open source policy
Recently, the Union Ministry of Communications and IT have come up with a new policy that has made it mandatory for all government offices across the country to use open source software
 "Wipro sees huge opportunities in new open source policy")
Nightingales ties up with Medplus
Two firms join hands for home delivery of medicines
 "Nightingales ties up with Medplus")
NTPC launches single window system for procurement needs
The new system will create a win-win situation for both the vendors as well as company. the power producer says
 "NTPC launches single window system for procurement needs")
TN expects Rs 1 lakh cr investments from global investors meet
The two-day meet will start from May 23
Aadhar Housing aims to quadruple disbursements in Gujarat in FY '16
According to Tripathi, while Gujarat currently contributes around 8-10%, the company plans to raise that to around 15% contribution to overall loan disbursement
 "Growth from emerging markets slows down for drug cos: Report")
RCom, BPCL plan to launch dollar bonds
For RCom, it will be second time the Ambani company is testing the investors' appetite for its paper
 "RCom, BPCL plan to launch dollar bonds")
BSE currency options segment largest in the world
Number of contracts in currency options segment had grown by nearly 30% in March
 "BSE currency options segment largest in the world")
Tata Group veteran B Muthuraman joins Sundram Fasteners board as independent director
The auto-components' maker is a flagship company of TVS Group
 "Tata Group veteran B Muthuraman joins Sundram Fasteners board as independent director")
Employee bonus pulls down TCS profit by 27%
Revenue up 12.4%; salary hikes announced; mgmt confident on FY16 growth
 "Employee bonus pulls down TCS profit by 27%")
Ola raises $400 mn from DST Global, GIC, others
Earmarks $100 million for TaxiForSure; aims at a presence in 200 cities by December
 "Ola raises $400 mn from DST Global, GIC, others")
FM sees 10% economic growth target as the new normal
'Double-digit pace of growth must to give jobs to the youth'
 "FM sees 10% economic growth target as the new normal")
Paswan says mills, farmers want sugar buffer stock
He didn't give a clear reply as to whether such a buffer would be created but officials said the option could be explored
 "Paswan says mills, farmers want sugar buffer stock")