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Inflation target ball back in govt's court

Contrary to expectations, changes to RBI Act fix no target

Airlines refund Rs 3.3 crore for delayed flights in April 2016

Seeks cap on number of hours in flight delays without compensation

Govt seeks 6 weeks in NSEL-FTIL merger case

Conveys to the Bombay HC that it needs more time to examine submission filed by FTIL

GST empowered committee meeting on June 14-15

New chairman Amit Mitra will head the first full fledged meeting since November 2015

Sical Logistics to raise Rs 100 crore through NCDs

Kotak Mahindra Bank to redeem the debentures it holds now

New debt recast plan may involve forensic audit of projects: Report

Forensic audit of individual cases will add a new dynamism in the entire debt recast process

April IIP disappoints at -0.8%

The April numbers represent a break in the rising trend seen in two previous consecutive months of February and March

Star Health ties up with Bank of India for bancassurance

Tie-up to enable Star Health to leverage BOI branches network and huge customer base

Gulberg Society case: Court to fix date on Monday for quantum of punishment

Prosecution has sought death sentence or imprisonment for life for all 24 convicts

3M India appoints Debarati Sen as new managing director

Sen has worked across various verticals and held key positions including CMO and Global Business Director at 3M

IIM Bangalore & IIIT-B sign MoU to provide mentorship to startups

The institutions will work together to provide technology and business mentorship aimed at helping young technology startups and entrepreneurs

NSE to start gold bond trading in cash segment

Sovereign Gold Bond Scheme was announced in Oct 2015; first tranche will now be available for trading

Nasscom emphasises on building new tech skills with changing demand

This will ensure the availability of 'job ready' graduates, said the industry body

Sebi red flags unauthorised advisers

Warns investors to deal with only registered investment adviser

Rabo's agri PE fund picks up equity in Parijat Industries

Parijat is looking to achieve sales of Rs 1500 crore by 2021 and also expand its domestic distribution network to 10,000 retail points in three years

TVS Automobile invests Rs 75 cr in three start-ups

Company aims to provide digital business solutions to vehicle and component manufacturers

One in two Indian employees prefer telecommuting: Randstad survey

The survey had a finding that 40% of the respondents from India reported that they work more than 45 hours per week

Cyient opens design centre for Australian company

The facility will be SMEC's first offshore design centre

Granules acquires exclusive product rights from US pharma company

Windlas through its subsidiaries holds Abbreviated New Drug Applications (ANDAs) for Fingolimod, Prasugrel, Dronedarone and Lurasidone

Assets of Nifty 50-based ETFs rise six-fold in a year

Total AUM of ETFs benchmarked to Nifty indices now account for 85% of total market share of equity ETFs