BS Reporter
BS Reporter
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70% of unsold homes in Mumbai are priced at Rs 1 crore each
JLL study reveals 30,501 out of 44,032 units fall in this ticket size
 "70% of unsold homes in Mumbai are priced at Rs 1 crore each")
Acquisition is not our strategy: Glenmark chief
Recently Lupin and Cipla acquired generic drug companies in the US to expand their presence there
 "Acquisition is not our strategy: Glenmark chief")
Domestic air traffic up 18.7% in August
Load factor increased to 77.2% compared to 75.3% in last August
 "Domestic air traffic up 18.7% in August")
Govt extends control order for pulses, edible oil
Control on edible oil and oil seeds to continue till September 2016; for the first time, those registered under warehousing regulator could come under stock limits
 "Govt extends control order for pulses, edible oil")
Air India's Boeing 787 makes emergency landing in Kolkata
Yet another instance of technical snag causing grounding of plane
 "Air India's Boeing 787 makes emergency landing in Kolkata")
Bengaluru court directs Britannia to pay pensioners their dues
The court's verdict directs Britannia and the trustees to restrain from making any amendment to the pension funds, which is less beneficial to pensioners
 "Bengaluru court directs Britannia to pay pensioners their dues")
 "SC dismisses govt plea on RIL arbitration")
IFTRT seeks penalty on Volkswagen, GM in India
The transport research body said the Indian consumer is being taken for granted and auto makers are going scot free in absence of any mandatory auto recall policy in India
 "IFTRT seeks penalty on Volkswagen, GM in India")
COAI opposes compensation for call drops
Trai has sought stakeholders' comments on how a mobile user should be compensated for call drops
 "COAI opposes compensation for call drops")
Reliance sells 10% stake of mobile game biz for Rs 98 cr
China's Lead Eastern Group acquired the stake and will also form a joint venture with Reliance Games to produce mobile games for global market
 "Reliance sells 10% stake of mobile game biz for Rs 98 cr")
Sebi slaps Rs 7,269-cr penalty on PACL
One of the highest penalty ever imposed by Sebi
 "Sebi slaps Rs 7,269-cr penalty on PACL")
Rajan meets Jaitley ahead of monetary policy meet
The Finance Minister has advocated a rate cut saying that it is 'common sense'
 "Rajan meets Jaitley ahead of monetary policy meet")
MindTree to invest Rs 125 cr for Bhubaneswar campus expansion
690 MindTree employees have been trained here already, said the company chairman Subroto Bagchi
RBI to put into circulation banknotes with new features
New features to aid visually impaired in easy identification of banknotes part from securing them against counterfeiting
 "RBI to put into circulation banknotes with new features")
Star Union Dai-ichi Life expects 30% growth in new premiums in FY16
Dai-ichi Life of Japan to raise stake to 44% in insurer once Bank of India off-loads 18%, formal application to FIPB to be made
 "Star Union Dai-ichi Life expects 30% growth in new premiums in FY16")
India's natural gas production to rise 41% to 130 mmscmd over five years, says ICRA
Gas availability and Regulatory challenges could become hurdles for target to double pipeline capacity, says the ratings agency
 "India's natural gas production to rise 41% to 130 mmscmd over five years, says ICRA")
Vistara adds seventh Airbus A320 plane in its fleet
The carrier plans to increase its fleet size to nine this year
 "Vistara adds seventh Airbus A320 plane in its fleet")
IRCTC to introduce e-catering facility at 45 stations
Passengers can order food of their choice from leading private caterers to be delivered at these stations
 "IRCTC to introduce e-catering facility at 45 stations")