Page 507 - Bs Reporter/workspace/business Standard Web/video

Godrej Properties launches mixed-use development project 'The Trees' in Mumbai

The project spread over 34 acres in Vikhroli iss expected to garner around $1 bn revenue for the company

Bharti to offer legal aid to underprivileged undertrials

Sunil Mittal to take voluntary cut of Rs 5 cr from annual salary

India surpasses 500 mn unique mobile subscribers

GSMA says that by 2020 the number will grow to a staggering 734 mn

Delhi teacher moves green tribunal against Volkswagen

The petition has called for a stop to manufacturing, assembly and sale of vehicles manufactured by Volkswagen and its group companies until they clear prescribed pollution norms in India

Edelweiss, Sun Global ink pact

Sebi interim order fines Polaris founder, ex-CFO

RBI clears way for 'vulture' funds

Central bank to allow buying of bonds in default, with some conditions, easing way for banks to make their balance sheets cleaner

On-demand delivery healthcare start-up Pluss raises $1 mn

Proceeds to be used to upgrade technology and expand team and markets

Software technology firm Stelae raises funds in pre-Series A round

UK's Earlsfield Capital, Saha Fund, former Infosys veteran Mohandas Pai and Cross Border Angels participated in the round

Education e-startup Fastudent raises seed fund

Funds raised from marquee angel investors led by Ashish Gupta, founder and trustee at Ashoka University

Virtual fitness platform GOQii raises $13.4 mn in Series A round

Funding led by NEA with participation from Cheetah Mobile and others

Indian Railways starts procuring power from Dabhol project

This will save Indian Railways Rs 1,000 crore annually on its energy bill

S&P says slippages from IOB's recast debt book to continue

Affirms bank's ratings; maintains stable outlook

Consumer complaints increase by 11.2% in 2014-15: RBI

Foreign banks only ones to buck the trend, see a decline in complaints reported

5 merchant bankers to assist in CIL stake sale

6.31 mn shares to be on the block; govt expected to rake in Rs 21,200 cr

Crop-loss relief should also cover input cost for next season: CSE

It advocates a good crop insurance product, one which is flexible, has fast payouts and follows a transparent and modern process of damage assessment

RBI on loans by NBFC-MFIs

RBI relaxes expat rules for foreign banks

Foreign banks can now place up to 3 expats in each branch opened and 6 in head office functions

Tax incentives for shipbuilding sector

Govt has decided to provide exemption from customs and central excise duties on all raw material and parts used for making ships

GST: Govt positive, Cong seeks assurance on rate

Congress seeks cap on GST rate at 18%; doing away with the 1% additional tax; and setting up a dispute redressal authority