BS Reporter
BS Reporter
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Discount broking: New approach to stock markets
Technology made it possible to scale up the businesses and make online low cost trading feasible
EESL issues domestic bonds worth Rs 500 crore
These bonds have been rated AA by ICRA and CARE
 "EESL issues domestic bonds worth Rs 500 crore")
Green shoots visible in power demand: NTPC Chairman
Gurdeep Singh said NTPC expects to produce about 107 million metric tonnes of coal per annum with several govt initiatives
 "Green shoots visible in power demand: NTPC Chairman")
Adani buys Australian port operator from Glencore
The deal amount is A$19.25 mn dollars ($14.52 mn)
 "Adani buys Australian port operator from Glencore")
Kolte-Patil, Portman Holdings' JV project makes an IRR of 36%
Developers complete Margosa Heights project in Pune
 "Kolte-Patil, Portman Holdings' JV project makes an IRR of 36%")
FinMin says no need to re-notify Act on GST
No legal infirmities in provisions notified: Adhia
 "FinMin says no need to re-notify Act on GST")
Government starts search for new Sebi chief
U K Sinha's tenure ends in 5 months; he was given a year's extension after govt couldn't find a suitable replacement
 "Government starts search for new Sebi chief")
3 international banks to come up at IFSC in GIFT City
SBI, Kotak Bank, ICICI Bank and YES Bank, among others have set up shop in the IFSC, while 15 more have applied for permission to the RBI
 "3 international banks to come up at IFSC in GIFT City")
 "Big four dominate")
Day One: ICICI Pru IPO subscribed 16%
The issue is the biggest in six years, so far has received bids for 20.9 million shares, worth nearly Rs 700 crore
 "Day One: ICICI Pru IPO subscribed 16%")
Ex Snapdeal honcho Anand Chandrasekaran to join Facebook: WSJ
He had quit Snapdeal in May to start his own venture; will take global leadership role at Facebook
 "Ex Snapdeal honcho Anand Chandrasekaran to join Facebook: WSJ")
Kotak Realty Fund invests Rs 155 crore in Alliance Group project
The investment is in the form of structured debt and has a tenure of four years
 "Kotak Realty Fund invests Rs 155 crore in Alliance Group project")
SBI invest Rs 100 crore for new local head office at GIFT City
Formally launches international banking unit at IFSC
 "SBI invest Rs 100 crore for new local head office at GIFT City")
Airtel rolls out 20k units of Aadhaar-based e-KYC
The Sunil Mittal-owned firm plans to have the solution in over 500,000 stores across the country in the coming months
 "Airtel rolls out 20k units of Aadhaar-based e-KYC")
Toyota Innova's sales success attracts rivals
Innova sales rose 42% during the period April-August even as sales of the rest of the industry declined by 1%
 "Toyota Innova's sales success attracts rivals")
Local community apprises PM of Tamilnad Mercantile Bank row
Thuthukudi Nadargal Mahamai raises allegations against bank's directors
 "Local community apprises PM of Tamilnad Mercantile Bank row")
Dr Reddy's enters Dow Jones Indices
Company recognised for its corporate sustainability leadership, is sole pharma firm in index of emerging markets
 "Dr Reddy's enters Dow Jones Indices")
Retailers across Tamil Nadu to shut shop in protest against Karnataka violence
Retail industry bodies claim over Rs 2,000 crore loss due to violence across the border
 "Retailers across Tamil Nadu to shut shop in protest against Karnataka violence")
Top three telcos have 61% market share
Airtel, which continued to be the market leader, consolidated its position further with market share at 24.7% as of the reported period
 "Top three telcos have 61% market share")