Page 845 - Bs Reporter/workspace/business Standard Web/undefined

Kotak Mahindra Bank cuts base rate by 15 bps to 9.85%

The bank follows other private and public sector banks that had already slashed their base rates

Govt asks analysts not to compare new series GDP data with old

Analysts still raise doubts over some aspects of new series GDP figures

Indian PSUs to invest another $6 bn in Mozambique: Oil Min

The investment from the PSUs would be used in developing a giant gas field off the Mozambique coast and converting the fuel into LNG

SC directs Deccan Chronicle to sell properties to repay Indiabulls loan

In 2013, IHFL had taken possession of two residential and three commercial properties mortgaged by DCHL after it defaulted on its payments for loan of about Rs 100 cr

Escorts, Amul enter into JV to make tractors

Escorts will hold 40% in new company while Amul Group will own 60%

Govt scraps MSME exclusive items list

Move allows large-scale production and import of items on the list

New NGT order might further hit construction schedules at Noida Extn

150-200 projects under construction have already been delayed by 2-3 years due to land acquisition issues

SC directs govt to explain reasons for re-promulgation of land ordinance

Senior counsel Indira Jaising said that the Rajya Sabha was prorogued to justify the ordinance, which was a blatant abuse of the President's powers

S&P cautions India against fiscal vulnerabilities to credit profile

Says 'less than rock solid' public finances remain a concern for India's sovereign rating profile

Panagariya expects economy to grow 8-10% for 15 years

Such a growth rate would exapnd the economy to $8 trillion from $2 trillion currently

BJP, RSS lay claims to Ambedkar's legacy

BJP President Amit Shah and the RSS leadership addressing public rallies and issuing books and special supplements in honour of Ambedkar

Sebi prescribes exchange platform for share tendering

Shareholders will now be able to tender shares in open offers, buybacks, delisting through exchanges

UBS red flags Modi's decline in popularity

The foreign brokerage is fretting over a possible shift towards short-term populism in government policies

String of upgrades buoy RIL share price

Stock up 12% this month compared to 6% rise in Sensex

Naveen demands Gopalpur-Digha coastal highway

Says the coastal highway between Gopalpur and Digha would help connect several upcoming ports in the state

Traders call off strike, will resume import of food stuff

Traders had halted imports of pulses, wheat and wheat products from other states since April 9 protesting collection of VAT

Rajasthan eyes Rs two lakh cr investment from Resurgent Rajasthan summit

The mega event is slated to be held on November 19 and 20

Super consumers are not just social media junkies

Xiaomi and Foxconn share India plans with AP CM

Chandrababu Naidu is currently on a trip to China to drum up investment for the freshly carved state

Hiring activity in Chennai increases by 6% in FY15

Accounting & IT sectors saw 43% & 29% increase respectively in hiring activities, says Naukri Job Speak index