BS Reporter
BS Reporter
Page 576 - Bs Reporter/workspace/business Standard Web/video
Ashok Leyland sold shares worth Rs 165.37 cr in IndusInd Bank
Company sold 18 lakh shares in the open market
 "Ashok Leyland sold shares worth Rs 165.37 cr in IndusInd Bank")
Godrej Properties sells office space in BKC to Abbott for Rs 1,479 crore
Abott's Mumbai office will house 1,500 employees
 "Godrej Properties sells office space in BKC to Abbott for Rs 1,479 crore")
Nexus Venture Partners, others invest $5 million in data management co Infoworks
Company expands management team
 "Nexus Venture Partners, others invest $5 million in data management co Infoworks")
India up 16 spots to 55th in global competitiveness
Switzerland tops the latest rankings, followed by Singapore, the US, Germany and Netherlands
 "India up 16 spots to 55th in global competitiveness")
Market regulator, central bank move SC on Aadhaar
Seek relaxation of order restricting Aadhaar usage in PDS and LPG subsidies
 "Market regulator, central bank move SC on Aadhaar")
Hero guns for leadership in scooter market
Launches Duet and Maestro Edge scooters
 "Hero guns for leadership in scooter market")
Rajan goes for big-bang cut
Repo rate at four-&-a-half-yr low of 6.75% after a cut of 50 bps
 "Rajan goes for big-bang cut")
Nepal fuel crisis forces airlines to reduce passenger and cargo load
A notice was issued to all airlines recommending them to carry fuel for both ways while flying to Kathmandu
 "Nepal fuel crisis forces airlines to reduce passenger and cargo load")
 "Alibaba makes strategic investment in Paytm")
Antrix told to pay Devas $672 million
An international tribunal has asked Antrix to pay Devas Multimedia as damages for cancelling a satellite-leasing contract
 "Antrix told to pay Devas $672 million")
 "FIPB clears 18 FDI proposals worth Rs 5,000 cr")
Shree Renuka Sugars files for judicial protection for its Brazilian subsidiary
Approval will allow the company for loan restructuring, draw up long term turn around plan
 "Shree Renuka Sugars files for judicial protection for its Brazilian subsidiary")
S&P downgrades Tata Motors to stable from positive
Tata Motors' ratio of funds from operations to debt will be weaker at 20 per cent
 "S&P downgrades Tata Motors to stable from positive")
This October taking a Mumbai-Kathmandu flight will be a costly affair
Return tickets on the route are priced between Rs 50,000-60,000 owing to a rush of passengers in the festival season
 "This October taking a Mumbai-Kathmandu flight will be a costly affair")
RBI allows firms to raise $750 mn via rupee bonds
The regulator has also allowed REITs and Infrastructure Investment Trusts to raise funds under this route
 "RBI allows firms to raise $750 mn via rupee bonds")
Sebi exempts 3 PSBs from open offer
Govt has decided to infuse funds in Dena Bank, Corporation Bank and Bank of India
 "Sebi exempts 3 PSBs from open offer")
Idea to launch 4G in 10 circles by June
Experts contest Idea's plan to offer 4G in 1800 MHz band, while other major operators will provide it on 2100 Mhz band
 "Idea to launch 4G in 10 circles by June")
Centre may spend Rs 5,000 cr in next five years for greener highways
The Road Minister said govt aims to awards road projects worth Rs 5 lakh cr in next five years
 "Centre may spend Rs 5,000 cr in next five years for greener highways")
Sitharaman bats for early implementation of SAFTA
Under this pact, India allows duty free access to goods from least developed countries
 "Sitharaman bats for early implementation of SAFTA")