BS Reporter
BS Reporter
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Tamilnadu Telecommunications Ltd JV partners to discuss company's future
One of the JV partners said it may not be able to support the sick company further
 "Tamilnadu Telecommunications Ltd JV partners to discuss company's future")
 "Thomas Kurian is new Oracle president")
Jaitley predicts a third of India to be soon insured by LIC
LIC's total assets were Rs 17.69 lakh crore, is almost equal to the government's annual budget
 "Jaitley predicts a third of India to be soon insured by LIC")
UK offers help to improve India's ranking in ease of doing business
India's ranking in Ease of Doing Business index 2015 slipped by two notches to 142 from 140 in 2014 out of 189 countries covered
Rupee registers biggest weekly gain since May
Riding high on hope that demand for emerging-market assets will sustained amid the prospect of future euro-area stimulus, Indian currency touches 62.33
 "Rupee registers biggest weekly gain since May")
More agents join force to sell insurance
Regulator raises concern about high attrition rate despite net increase in number by 3.1%
 "More agents join force to sell insurance")
StanChart Securities starts retrenchment process
Close to 30 people going to be laid off as a part of cost-cutting exercise, says a source
 "StanChart Securities starts retrenchment process")
Rajan stresses need for independent institutions with public credibility
Central bank governor says good solid institutions are key to sustained economic growth
 "Rajan stresses need for independent institutions with public credibility")
 "Spectrum auction to start from Feb 25")
New rules proposed for I-T on companies
The draft, among other matters, provides for recognising segment-wise income for works spread over a period of time
 "New rules proposed for I-T on companies")
SEZ norms relaxed
Developers allowed to do infra activities within, with conditions and without tax concessions
 "SEZ norms relaxed")
OMCs under-recoveries could drop to Rs 77,000 cr this year
Revenue losses could go down further, as global prices are easing
 "OMCs under-recoveries could drop to Rs 77,000 cr this year")
Videocon and BPCL find more oil in Brazil's Sergipe Basin
The firms plan to start producing oil from the area in 2018
 "Videocon and BPCL find more oil in Brazil's Sergipe Basin")
2G spectrum case: SC relief to Mittal, Ruia
Apex court sets aside special court order summoning the industrialists as accused
 "2G spectrum case: SC relief to Mittal, Ruia")
Excise duty cuts help car sales in 2014
Automobile companies predict a bleak year in 2015
 "Excise duty cuts help car sales in 2014")
Tech Mahindra to acquire Geneva-based SOFGEN Holdings
Acquisition to give strong foothold in banking segment; deal valued at $40 mn
 "Tech Mahindra to acquire Geneva-based SOFGEN Holdings")
SC asks Sahara to seek RBI nod for foreign loan
Allows offshore leg of the transaction to go through; Subrata Roy may use Skype facilities in jail till February 20 for this