BS Reporter
BS Reporter
Page 655 - Bs Reporter/workspace/business Standard Web/video
Welingkar Institute of Management gets autonomous status
Will get freedom for structuring its programmes, designing course curricula as per industry requirements and planning internships
 "Welingkar Institute of Management gets autonomous status")
Motherson's Q1 net up 62% to Rs 266 crore
Consolidated net profit for the quarter stood at Rs 266 crore against Rs 164 crore in the same quarter last year. Net sales rose over 11% to Rs 9,251 crore
 "Motherson's Q1 net up 62% to Rs 266 crore")
Cummins India Q1 net down marginally at Rs 210 cr
However, company's total income has grown up 25.75% to Rs 1,314.31 crore during the quarter
 "Cummins India Q1 net down marginally at Rs 210 cr")
Bajaj Electricals' Q1 net up 262% at Rs 20 cr
Net income surges by 14% to Rs 1,009 cr
 "Bajaj Electricals' Q1 net up 262% at Rs 20 cr")
Escorts Q1 net profit up 6%
Net sales however declined over 13% to Rs 973 crore
 "Escorts Q1 net profit up 6%")
PTC India profit up 10% but subdued power demand decreases trading volume
The company's total income from operations was up 5% to Rs 71.77 crore in June quarter
 "PTC India profit up 10% but subdued power demand decreases trading volume")
Maruti Suzuki to increase Nexa's network to 100 stores by end of FY16
At present, 30 Nexa stores are operational in 23 cities across India
 "Maruti Suzuki to increase Nexa's network to 100 stores by end of FY16")
Polaris Consulting Q1 profit dips 8.85% at Rs 38 cr
Revenue rises to Rs 496 cr as compared to Rs 475 cr, an increase of around 4%
 "Polaris Consulting Q1 profit dips 8.85% at Rs 38 cr")
By 2020, 30% of total digital advertising spend will be on local languages: study
Increase in local language content on the Internet will lead to a growth of 39% in the current Internet user base, says the study by IAMAI and IMRB Intl
 "By 2020, 30% of total digital advertising spend will be on local languages: study")
HDFC Life launches term product for CSC channel
It is a non-participating term insurance plan with annual premium as low as Rs 112
 "HDFC Life launches term product for CSC channel")
SBI Life launches 'Smart Humsafar'
Provides financial protection to husband and wife under a single policy
 "SBI Life launches 'Smart Humsafar'")
Wegilant raises $500,000 in pre Series-A round
Last year, the company had raised $160,000 in angel funding
 "Wegilant raises $500,000 in pre Series-A round")
Bata India to focus on e-commerce
To create exclusive portfolio of 500 products for online retailing
 "Bata India to focus on e-commerce")
Services PMI returns to modest growth in July
Manufacturing PMI rose to a six-month high at 52.7 points in July against 51.3 in June
 "Services PMI returns to modest growth in July")
Maruti brings S-Cross at Rs 8.34 lakh in Nexa outlets
The S-Cross has been built on a new platform at an investment of Rs 600 cr, with localisation of 97%
 "Maruti brings S-Cross at Rs 8.34 lakh in Nexa outlets")
Tata Power too expresses interest in acquiring stressed assets
Plans to tie up with states and union territories in distribution sector ; JSW Energy and NTPC have already shown similar interest
 "Tata Power too expresses interest in acquiring stressed assets")
Congress persists in its protests, RS slated for a washout this week
Left parties, JD(U), RJD and NCP joined the Congress in boycotting the house today
 "Congress persists in its protests, RS slated for a washout this week")
STAR exits Balaji, sells 26% stake for Rs 108 cr
Star had picked up stake in August 2004; transaction took place on the Metropolitan Stock Exchange of India
Snapdeal to invest Rs 637 cr in R&D
Investment to be made over a period of three years in its Bangalore-based Multimedia Research Lab
 "Snapdeal to invest Rs 637 cr in R&D")
Now, food regulator finds gap in Mysuru lab report on Maggi
No clean chit from us, says FSSAI
 "Now, food regulator finds gap in Mysuru lab report on Maggi")