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RBI for tighter bank exposure norms

Plans to cap bank exposure limit at 25% of tier-I capital

RBI's forex reserves climb to all-time high of $340 bn

The reserves have been rising because the central bank has been mopping dollar flows through state-run banks

RBI changes public deposit rules for NBFCs

The earlier revised regulatory framework for NBFCs were issued in November 2014

Limit for ways and means advances for first half of FY16 fixed at Rs 45k cr

HMSI to invest Rs 585 crore in Karnataka to expand capacity

During 2016-17, two-wheeler maker expects its capacity to touch 6.4 mn units per annum

Honda Cars to invest Rs 380 crore in Rajasthan plant to raise capacity

The move is is expected to increase the annual production capacity of the plant to 180,000 units from the current 1,20,000 units

Incentives for GIFT City: Profit transfer rule eased for bourses

Sebi issues guidelines on this and related matters for global financial services centre, applicable for foreign & domestic exchanges, depositories and clearing corporations

The Union, Apollo launch project

This application facilitates improved tuberculosis notification, patient adherence to treatment and ensuring better outcomes

WeCare opens childcare centre for Microsoft in Hyderabad

The 10,000-sft centre will accommodate 126 children in the age group of six weeks to eight years

Telangana hikes power charges for industry, non-domestic sectors

Poultry sector gets a straight Rs 2 cut in unit charges

Enforcement Directorate attaches Ramky group properties

Action follows probe of 'undue benefit' to the firm of 914 acres by reducing green belt area in Jawaharlal Nehru Pharma City

MedPlus to raise up to $75 million to fund expansion

Firm runs 1,240 pharma retail stores in 150 centres across 12 states; plans 10,000 stores in next 3-4 years

TN sugar makers ask state govt for policy intervention

Mills say they are losing Rs 900 on every quintal of sugar produced

Five start-ups graduate from Target Accelerator Program

The five startups - Synapse, Whodat, Wazzat, Torch and Visarity - focus on mobile-based applications to enhance shopping experience of customers

592 students graduate from IIM-B

Dr Devi Shetty exhorts students to pursue dreams without fear of failure

DSK aims to sell over 3000 Benelli superbikes in 2015

In terms of bookings, of the total 367 bookings garnered from across the country so far, the company has seen around 17 bookings from Gujarat

Kohler testing Caldtech developed portable flush toilets in Kerala

Company feels these off-grid toilets could meet sanitaion needs in the country under the Swachh Bharat Abhiyan

All party meet to break logjam on power tariff hike

Soon after the house reopened to transact business, the Opposition Congress and BJP renewed their agitation, demanding withdrawal of power tariff hike

MCL's exit from Aahar scheme hots up political turf

The denial of Mahanadi Coalfields Ltd (MCL) to contribute to Aahar, a subsidised meal scheme for urban poor, has sparked off political wrangling in the state

Jena questions Naveen's silence on coal reverse auctions

The former minister said, reverse auction has already been completed in case of two coal blocks- Mandakini and Utkal-C