BS Reporter
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India among the top-10 countries hit by ransomware cybercrime
Cyber threats such as crypto ransomware and locker ransomware have 3% each detection in the country
 "India among the top-10 countries hit by ransomware cybercrime")
MNC stock premiums double in five years, says Ambit
Ambit says less than a third of the P/E expansion in MNC stocks can be attributed to earnings growth
 "MNC stock premiums double in five years, says Ambit")
Pramerica buys out Deutsche MF
Said to be Rs 400-cr deal; 5th exit of a foreign fund house in 2 years
 "Pramerica buys out Deutsche MF")
Court gives time till Oct 31 to MCA to pass its order on FTIL-NSEL merger
The court's direction came in response to several extensions sought for the final order by the MCA as the hearing of all concerned parties is not yet completed
 "Court gives time till Oct 31 to MCA to pass its order on FTIL-NSEL merger")
U.S. speaker Raymond Vickery visits Kolkata
His Kolkata visit is part of a 15-day speaking tour in India
 "U.S. speaker Raymond Vickery visits Kolkata")
NSE to organise 50 investor awareness programmes in Odisha
The exchange has already organised nine IAPs covering nine districts in the state
BSE introduces additional periodic price bands
Currently, stocks have a daily price band of 20%, 10%, 5% and 2%
 "BSE introduces additional periodic price bands")
Chhattisgarh to study best practices of BJP, non-BJP ruled states
IIM-A to conduct MDP for Chhattisgarh government officers
 "Chhattisgarh to study best practices of BJP, non-BJP ruled states")
Manpower intake to remain stable for next 2-3 years: Nasscom
Nasscom had stated that the hiring number for FY16 will be between 230,000 and 250,000 engineers, which is almost similar to last year's 230,000
 "Manpower intake to remain stable for next 2-3 years: Nasscom")
L&Tto make Lakshya for India's military, gets technology from DRDO
Lakshya is an unmanned drone that is used by pilots to target practicefrom the fighter planes
 "L&Tto make Lakshya for India's military, gets technology from DRDO")
Eicher Polaris expects nation-wide presence for PUV Multix by mid 2017
The company would also look at exports market in a later stage
 "Eicher Polaris expects nation-wide presence for PUV Multix by mid 2017")
Infosys to commence construction of its Mohali facility in a month
Punjab allotted 50 acre land to the Infosys and 26 more players in February 2014
 "Infosys to commence construction of its Mohali facility in a month")
GIBSS raises Series-A funding from respons Ability, Infuse Ventures
Incubated at the Indian School of Business, GIBSS had earlier received seed funding from Hyderabad Angels and SRI Capital
 "GIBSS raises Series-A funding from respons Ability, Infuse Ventures")
Revenue loss under GST would be around Rs 9,270 cr for TN: Jayalalithaa
Strongly objects to the provision for the GST Council
 "Revenue loss under GST would be around Rs 9,270 cr for TN: Jayalalithaa")
Accenture India appoints Rekha Menon as chairman
Anindya Basu made country MD
 "Accenture India appoints Rekha Menon as chairman")
Tamil Nadu urge Centre to form Cauvery Management Board immediately
State sought legally binding assurance on the issue price of food grains for the additional assured quantity provided for those States
 "Tamil Nadu urge Centre to form Cauvery Management Board immediately")
M&M Q1 net declines 3.4% to Rs 852 cr
Net sales also dropped 3% to Rs 9,708 cr
 "M&M Q1 net declines 3.4% to Rs 852 cr")