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BoB: Anti-money laundering norms may be tightened

Bank rules out financial loss; stocks tank 5.5%; RBI may tighten AML norms but says no systemic implications

RBI turns net seller in forex market

Turns net sellers to tune of $1,559 mn compared with net buying of $169 mn in previous month

August fiscal surplus may taper off from Oct, only to emerge towards FY16-end

Essentially, a fiscal surplus is when revenues outstrip expenditures for any given period

Sept CPI inflation up at 4.41%, snaps 2-month falling trend

Biggest jump in prices in pulses and related products, spices, and meat and fish

Autonomous B-schools want level playing field

Academicians say the biased MBA Bill would disrupt the equilibrium of management education system in India

'Common carrier' move will hit pipeline development: IOC

If implemented, IOC would have to share around 38 mn tonne of its pipeline capacity across a 5,900 km long network with competitors

Indian Railways to commission 2,500 kms of projects to decongest choked network

The projects include commissioning of new lines, gauge conversion and doubling of existing tracks in certain busy stretches

Office space addition highest in last nine quarters: report

The addition in third quarter was 44% on a yearly basis and 21% on a quarterly basis, said a report by property consultant CBRE

StanChart's global restructuring to see less impact here

CRISIL downgrades AP State FinCorp's bonds

4th phase of coal auction soon, 8-10 blocks on offer

FPIs debt limit auction sails smoothly amid higher demand

As per the enhancement for FPIs, RBI will be increasing the investment limit for government securities to Rs 1,79,500 cr by January 1

WudStay eyes 10,000-room inventory

It is currently present in 35 cities with 3,000 rooms in its network

Infosys appoints veteran Ranganath as CFO

The move was necessitated after Rajiv Bansal announced his exit

Sebi has no black money problem, says Sinha

Tackling it isn't our job but our surveillance system is sound; for instance, we know all about users of PNs, he says

IPO proceeds up fivefold in Apr-Sept

39 IPOs in H1FY16 versus 25 a year ago; 12 were main board IPOs that mobilised 97% of collections; balance 27 were SME IPOs

YES Bank gets RBI nod for MF, AMC, trustee firm

Asset management companies and trustee companies will be wholly-owned subsidiaries of YES Bank

Restructuring to have limited impact on Standard Chartered India

Maximum impact at top level due to consolidation and job realignment; lower level largely insulated

Vodafone to start 4G service in Mumbai, Delhi and Bangalore from Dec

The timing coincides with the launch time of Reliance Jio