BS Reporter
BS Reporter
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Mock tsunami drill on Sept 7-8 involves evacuation of 35,000 people
The drill, known as IOWave 16, is being held by UNESCO-led Inter-governmental Oceanographic Commission
 "Mock tsunami drill on Sept 7-8 involves evacuation of 35,000 people")
ED attaches Rs 150 crore worth properties of Sridhar Dhanapal
There are around 26 FIRs filed against Dhanapal including alleged extortion, murder and illegal possession of arms
 "ED attaches Rs 150 crore worth properties of Sridhar Dhanapal")
Maylan gets favourable ruling on one more patent of Copaxone
The company, which is Natco Pharma's marketing partner, hopes to translate this potential para-4 filing into a product launch after clearing legal hurdles
 "Maylan gets favourable ruling on one more patent of Copaxone")
Yardhouse mulls entry into bottled beer
Company to set up a Rs 100-crore project to make cider, wheat and stout varieties of the beverage
 "Yardhouse mulls entry into bottled beer")
Viacom18 completes merger of Prism TV Private Limited
Viacom18 is an entertainment joint venture between TV18 Broadcast and American entertainment company Viacom
 "Viacom18 completes merger of Prism TV Private Limited")
Vodafone expands 4G service to Gujarat
The launch is a part of the second phase of the 4G roll out by the company aimed at expanding its 4G services across India.
 "Vodafone expands 4G service to Gujarat")
Delta Corp acquires Adda52.com owner for Rs 150 crore
Adda52.com, owned by Gauss Network, is India's leading poker site
 "Delta Corp acquires Adda52.com owner for Rs 150 crore")
Banking operations hit, but bandh fails to affect public life in Chennai
However, SBI and Chennai-based Indian Overseas Bank branches were operational in many places, since those banks' union had has pulled out
 "Banking operations hit, but bandh fails to affect public life in Chennai")
Ramco Cements to appeal COMPAT against CCI order
The Competition Commission of India has imposed a penalty of Rs 258.63 crore against the company for alleged cartelisation
 "Ramco Cements to appeal COMPAT against CCI order")
CESC begins power distribution in Rajasthan at Kota
Two wholly-owned subsidiaries of CESC Rajasthan Limited is formed for electricity distribution in Kota, Bharatpur for 20 years
 "CESC begins power distribution in Rajasthan at Kota")
GE completes sale of commercial lending, leasing business in India
GE is focusing on its high-value industrial businesses and is selling most of GE Capital's assets
 "GE completes sale of commercial lending, leasing business in India")
Airtel to offer 100 mbps data speed in Mumbai via advanced tech
Carrier Aggregation is a technology to combine two or more carriers into one data channel to enhance the data capacity
 "Airtel to offer 100 mbps data speed in Mumbai via advanced tech")
April-July fiscal deficit at 73% of BE
In the corresponding period of FY16, stood at 69.3% of BE for that year
 "April-July fiscal deficit at 73% of BE")
MCX net up 55% in June quarter
Had 23% increase in total revenue to Rs 93.8 crore for the quarter ended on June from a year before
 "MCX net up 55% in June quarter")
Dell-EMC merger to be completed by Sept 7
Deal gets final approval from Chinese authorities; the merged entity to be named Dell Technologies
 "Dell-EMC merger to be completed by Sept 7")
July core sector growth moderates to 3.2% after 5.2% rise in June
Sharp pick-up in refinery products and sustained rise in coal behind growth
 "July core sector growth moderates to 3.2% after 5.2% rise in June")
No power plant stranded for want of coal: Piyush Goyal
Minister claims hike in coal output, better offtake by generation plants; Discoms losses coming down post UDAY launch
 "No power plant stranded for want of coal: Piyush Goyal")
India public cloud to cross $1bn in 2016: Zinnov
Cloud market likely to grow at 34% CAGR, hit $4 billion mark by 2020
 "India public cloud to cross $1bn in 2016: Zinnov")