Page 408 - Bs Reporter/workspace/business Standard Web/video

Raghuram Rajan not seeking second term as RBI governor: report

The RBI chief is said to have written to PM Modi to relieve him of his duties after his term ends in September, Ananda Bazar Patrika reported

SAP India, CIIE announce second edition of Startup Accelerator

The Accelerator seeks to mentor and build capacities of 30 start-ups by 2017

Marriott International announces opening of Marriott Suites Pune

With this the company will be managing largest number of hotels in Pune

Icrisat announces DNA sequencing of groundnut

Breakthrough likely to help in developing groundnut varieties with higher pod and oil yield, drought & heat tolerance, and disease resistance

Ramboll opens a new engg centre in Hyderabad, to serve telecom players

The 230-strong Ramboll Hyderabad team focuses on tower engineering, involving analysis and design of masts towers and monopoles

Maruti, Hyundai post double digit sales growth in May

Report 10% sales growth in domestic market; Maruti sold 1,13,162 vehicles, while Hyundai sold 41,351 units

Dr Reddy's launches psoriasis treatment spray

A prescription topical steroid approved by the USFDA in February, 2016

Jet fuel price hiked 9.2%

Price revision to hurt margins as airlines not hiking fares

Maruti resumes production at Gurgaon plant, Manesar on hold

The company is estimated to have lost production of 10,000 vehicles after it was forced to shut operations at both plants

Sebi tightens redemption rule for fund houses

Up to Rs 2 lakh to be allowed in any circumstance; some restriction in exceptional circumstances

Flipkart offers zero interest finance option for big-size items

Move seeks to make online shopping affordable for costlier items; customers can opt for EMIs with zero processing fee, down payment and interest

RIL temporarily shuts down PTA, PET units at Dahej due to water shortage

Firm says shortage due tp lower release of dam water and increased salinity of water supply to the manufacturing complex

Govt bullish on farm sector growth on hopes of good monsoon

India's agriculture growth had averaged just 0.5% in the first two-years of Modi govt due to back-to-back droughts

Maruti set to lose production of 10,000 cars

This will not only impact Maruti's May sales, but also the auto industry since the firm has 48% share in domestic passenger vehicle market

Private sector mobilised over Rs 2.36 lakh cr in FY 2015-16

Companies drum up Rs 4.92 lakh cr through bonds via private placements last year

New Sanofi vaccine facility starts commercial production

Unit will initially produce pentavalent and cholera vaccines, will be also registered for hepatitis B and tetanus shots

E-commerce firms second largest drivers of warehousing space: Study

The report by US based property consultancy CBRE also states that 2 million sq. ft. of warehousing space was taken up by e-commerce firms in 2015

Aurobindo Q4 net up 39% at Rs 563 cr

Company crosses $2 bn revenue mark in FY16

Ashok Lavasa takes over as finance secretary

The post of finance secretary has been lying vacant since Ratan Watal retired in April

MuSigma faces uncertain future as founder and CEO divorce

Split comes months after Rajaram moved to the US, stares at lawsuit by US investor