BS Reporter
BS Reporter
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AP govt to create integrated information highway
Programme will integrate farm, revenue, irrigation depts and AP State Remote Sensing Applications Centre
 "AP govt to create integrated information highway")
Uttar Pradesh bourse starts winding up
The exchange was inaugurated on August 27, 1982, by then finance minister Pranab Mukherjee
Badal wants brick kilns out of green nod ambit
Badal wanted the exemption for mining areas up to five hectares wide and up to 1.5 m deep
 "Badal wants brick kilns out of green nod ambit")
Education, unemployment solving to be Gogoi's "thrusts" in next one year
The present government's term is due to end in May 2016
 "Education, unemployment solving to be Gogoi's \"thrusts\" in next one year")
Mamata cautions industry against acquiring land in Bengal
Admits indirectly that state govt has land for small scale and IT sectors, not for large scale industries
 "Mamata cautions industry against acquiring land in Bengal")
Experts stress on redesigning Odisha's export policy
Export target need to be pegged at Rs 61400 cr in next 10 yrs
 "Experts stress on redesigning Odisha's export policy")
Odisha identifies three places near Bhubaneswar for IIM
Earlier this year, the state government had identified 12 locations from six districts for establishment of the IIM
 "Odisha identifies three places near Bhubaneswar for IIM")
Concor picks up 26% stake in Angul-Sukinda rail SPV
Company is is also developing two multi modal logistic parks at Parjang and Duburi stations
 "Concor picks up 26% stake in Angul-Sukinda rail SPV")
Strides Arcolab Q2 EBITDA up 60%
The company recorded consolidated adjusted net profit of Rs 507 crore
 "Strides Arcolab Q2 EBITDA up 60%")
DGCA to inquire into buffalo hit incident at Surat airport
Buffalo-hit Spice Jet suspends operations from city
 "DGCA to inquire into buffalo hit incident at Surat airport")
Karti Chidambaram's comments raises a stir within the Congress
He said yesterday that the Congress party in Tamil Nadu 'cannot wait for Delhi to show the path in every single way'
 "Karti Chidambaram's comments raises a stir within the Congress")
L&T profit up 7% but may miss FY 15 revenue, margin guidance
Possible delays in projects and problems in execution of hydrocarbon projects are the reasons
 "L&T profit up 7% but may miss FY 15 revenue, margin guidance")
Bain Capital sells 4.4% stake in Hero for $400 mn
As per the term sheet, Bain had offered Rs 2,859.6-2,963 apiece for selling its shares in Hero
 "Bain Capital sells 4.4% stake in Hero for $400 mn")
City Union Bank Q2 net profit up 11% at Rs 94 cr
Two-third of the bank's loan book comes from agriculture, SME manufacturing and trading
 "City Union Bank Q2 net profit up 11% at Rs 94 cr")
Essar Oil back in black in Q2
However, lower crude oil prices pulled the revenue down 12% at Rs 24,194 cr
 "Essar Oil back in black in Q2")
RBI to auction cash management bills worth Rs 10,000 cr
Auction will be conducted on using multiple price auction method
 "RBI to auction cash management bills worth Rs 10,000 cr")
Neyveli Lignite Q2 profit up 8% to Rs 259 cr
Sales up 1.42% to Rs 1,402 crore
 "Neyveli Lignite Q2 profit up 8% to Rs 259 cr")
Sun TV reports 8.7 % drop in net profit in Q2
Total Income from operations has increased by 9.14% from Rs 466.4 cr to to Rs 509 cr
 "Sun TV reports 8.7 % drop in net profit in Q2")
Bank of Baroda Q2 net down 5.5% at Rs 1,104 crore
Raises gross NPA estimate for FY15 to 3.2% from 3%
 "Bank of Baroda Q2 net down 5.5% at Rs 1,104 crore")
Arun Jain to step down as MD of Polaris, will continue as Chairman
Profit rose by 18% to Rs 49 crore, revenue stood at Rs 477 crore in Q2
 "Arun Jain to step down as MD of Polaris, will continue as Chairman")