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LIC Housing Finance Q1 net up 7% at Rs 407 cr

Company made a provision of Rs 92 cr on account of aging of old project loan NPAs

Retail tech startup ShoppinPal raises $1.07 mn from Plug and Play Tech Center and Steelhead Ventures

ShoppinPal will use the funds to get more retailers on board, product development and brand building in India

Biocon launches insulin Glargine in disposable pens in Japan

The Japanese Glargine market is estimated to be around $144 million, Biocon said in a statement

Rejig changes top man at CBSE, days after Irani exit

This new appointment under the human resource development ministry comes soon after Smriti Irani was replaced by Prakash Javadekar as its minister

DCB Bank Q1 net profit at Rs 47 crore

The flat growth was on account of the one-time treasury gain of Rs 10 cr during the quarter

Max India shares hit lower circuit on debut

'Fair value' for Max India, as per a note by Edelweiss, is between Rs 100 and Rs 110 per share

Cyient Q1 net marginally down at Rs 74 crore

Total income from operations grew 14% to Rs 830 cr

Tata Advanced Systems and Bell Helicopter to collaborate for Indian market

Under this agreement TASL and Bell Helicopter will join forces to develop both commercial and government (including military) rotary wing markets in India

Freecharge partners with Shuttl for cashless commute

As per the partnership, Shuttl will also get instant access to millions of wallet users and leverage the payment gateway from Freecharge

Telangana Bar Council urges Governor to hold a meeting of the two chief ministers

The Council wants expedition of the process of bifurcation of the existing high court between the two states

SAP, ISB collaborate to provide mentorship to select startups

The ISB-SAP Social Enterprise Jumpstart will identify five social enterprise startups and provide training, mentorship and access to networks to accelerate growth

Another L&T group subsidiary to hit the market

L&T Technology will file its draft red herring prospectus with market regulator Sebi tomorrow

Granules acquires 12.5% stake in USpharma

The company did not disclose the details about exact payout being made towards this stake buy, citing confidentiality agreement

AtHomeDiva: Quikr's new home beauty service

The move comes two months after the company bought Salosa for an undisclosed amount

NTPC, CIL, IOC to revive 3 fertiliser units

These include two closed urea units of Fertilizer Corporation India at Sindri (Jharkhand) and Gorakhpur (UP) and Barauni (Bihar) unit of Hindustan Fertilizers

Enzyme's IPO to open on July 20

The IPO price band has been set at Rs 890-896 per share

Cabinet approves Rs 12,000 crore for skill development

Target is to impart skills to 10 million people over the next four years

Moody's assigns Baa2 rating to ONGC's proposed bonds

Moody's said the bonds will be unconditionally and irrevocably guaranteed by ONGC and the ratings outlook is stable

Revised cost of Hydro project in Bhutan approved

Total escalation for the project, at this stage, is Rs 3,513 crore; cost estimate doubles to Rs 7,290 crore

Supreme Court reinstates Congress govt in Arunachal Pradesh

Major blow for BJP government as 5-judge bench overturns governor's orders; current CM Kalikho Pul to file a review petition.