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FTIL sells 11% stake to exit Indian Energy Exchange

The company concluded its 3.34 mn shares sale on fully diluted basis to DCB Power Ventures and Kiran Vyapar

Emerging market corporates' offshore debt risks are issuer specific: Moody's

The rating agency's report explores the scale and nature of the risks involved with debt issued by offshore subsidiaries

Coffee Day Enterprises IPO subscribed 13% on Day 1

Most bids came from in the institutional and retail investor segment

Coal mines PF body appoints 3 asset managers

Reliance Capital AMC, SBI MF and ICICI Securities to manage Rs 75,000 cr from next month

ECGC to look at report to enhance its role in supporting exporters

One of the recommendations is to bring down the premium rates for the exporters under policy portfolio

Snapdeal sees 10-fold jump in sales this festive season

Almost 100% of products ordered were shipped within designated time-frame; 85% were shipped the same day

Online jobs portal Babajob appoints Rishi Dogra as CMO

Dorga will handle end-to-end marketing and manage teams responsible for multi-channel marketing

RBI data shows bank credit growth at 9.4%

In the same period deposits increased slightly faster at 11%

BJP-Shiv Sena govt to survive; NCP won't join govt: Pawar

NCP chief says the situation in the country has become alarming because of rising intolerance

Parag Milk Foods enters fresh cream market with Go brand

Claims to be the 1st organised player with a cow-milk based fresh cream product; IPO likely in 4-5 months

Lupin-Boehringer announce tie up for diabetes drug

In the past five years Lupin has done similar in-licencing and co-marketing deals for 27 products

Paradeep Port handles highest coal traffic

The port logged thermal coal traffic of 12.5 mt in the April-August period

HUL Q2 net down 2.6% at Rs 962 cr

Announces interim dividend of Rs 6.50 per share; total income rises 2.6% to Rs 8,125 cr

Cabinet decisions: One time fund infusion to revive highway projects

Also approves Rs 6,806 cr payment by SBI and PNB for fertilizer companies

Eastern Group to have 30 lakh retailers by 2020

Eastern commands more than 70% of the market share in Kerala

Jamaican author Marlon James wins Man Booker Prize 2015

This is the first Man Booker Prize winner for independent publisher, Oneworld Publications

Sundaram Finance cuts deposit rates by 25 bps

Deposit balance of the company has crossed Rs 2,100 cr

Start-up investments in India to see three-fold rise to $6.5 bn in 2015: Nasscom

Indian start-ups that received funding doubled to 400 in 2015, Nasscom said

Spectrum trading norms to usher in consolidation

The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea