BS Reporter
BS Reporter
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IIM-A board shortlists three candidates for chairman's post
Names will be sent to the Ministry of Human Resource Development soon
 "IIM-A board shortlists three candidates for chairman's post")
To merge Railway budget with Union budget will help: MoS for Railways
The responsibility of fund raising will be with the centre after the merger
 "To merge Railway budget with Union budget will help: MoS for Railways")
NIIT acquires ed-tech start-up Perceptron
Satish Sukumar, Co-Founder & CEO of Perceptron, named CTO of StackRoute Labs, NIIT's machine learning and IoT arm
 "NIIT acquires ed-tech start-up Perceptron")
Rahul Deep Singh replaces Nitin Shukla as new Hazira LNG MD
Nitin Shukla, the current MD and CEO will superannuate on September 30 after 15 years of service
Minority shareholders give nod for non-compete fee in Max Life-HDFC Life deal
Analjit Singh and family will receive Rs 850 crore as non-compete fee as part of the deal
 "Minority shareholders give nod for non-compete fee in Max Life-HDFC Life deal")
HPL Electric IPO subscribed 7.6 times
Over 200,000 investors applied in the IPO
 "HPL Electric IPO subscribed 7.6 times")
Mahindra to raise Rs 475 crore via NCDs
Tenure of the instrument will be 10 years; company does not specify purpose for which funds are being raised
 "Mahindra to raise Rs 475 crore via NCDs")
L&T Tech lists at 7% premium, trims gains to end 1% higher
Demand for L&T Tech was tepid, as investors stayed away, having lost money on group concern L&T Infotech
 "L&T Tech lists at 7% premium, trims gains to end 1% higher")
 "IUC comment deadline extended to Oct 17")
Airtel offers unlimited data at Rs 1,495
Pack is currently available in Delhi and will be launched across other circles over the next few days
 "Airtel offers unlimited data at Rs 1,495")
ED arrests Agarwal of ARK Imports in NSEL case
Agarwal's ARK Imports is one of the leading defaulters in the NSEL case with a payment default of Rs 719 crore
 "ED arrests Agarwal of ARK Imports in NSEL case")
HMSI agitating workers to hit Delhi streets next week
The striking workers, who were terminated from job in February, are demanding reinstatement of jobs
 "HMSI agitating workers to hit Delhi streets next week")
As tension with neighbour intensifies Gujarat reviews coastal security
Gujarat is connected with Pakistan through sea route
 "As tension with neighbour intensifies Gujarat reviews coastal security")
Mytrah Energy looks to raise $300 mn in next one year
Mytrah's portfolio of wind energy capacity recently touched 917 Mw
 "Mytrah Energy looks to raise $300 mn in next one year")
IISc edges closer to top 200 in Times World University Rankings
Moves up from 251-300 to 201-250 band; 31 institutes represent India
 "IISc edges closer to top 200 in Times World University Rankings")
External auditor to examine NSE's algo trade
Move comes after Sebi wrote to NSE board on September 9
 "External auditor to examine NSE's algo trade")
Avendus hires Ambit's Andrew Holland for hedge fund business
He worked with Ambit Capital for nearly eight years
 "Avendus hires Ambit's Andrew Holland for hedge fund business")
Gujarat Dalits call for Rail Roko Andolan on October 1
Jignesh Mevani announced the agitation while maintaining that the state government had not been paying attention to demands of Dalits
 "Gujarat Dalits call for Rail Roko Andolan on October 1")
India need to invest more on healthcare, says Deepak Parekh
Parekh Lauds government for doubling the investment into healthcare
 "India need to invest more on healthcare, says Deepak Parekh")