BS Reporter
BS Reporter
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Deutsche Bank net profit up 93% in FY15 from India ops
German lender in news for resignation of its India-born co-chief executive Anshu Jain
 "Deutsche Bank net profit up 93% in FY15 from India ops")
Congress calls paddy MSP hike a joke
The party highlights farmer suicides; opposes NDA's 'anti-farmer' land acquisition bill
 "Congress calls paddy MSP hike a joke")
 "Housing for all may not plug gap")
Domestic air traffic rises 18% in May
IndiGo consolidates number one rank
 "Domestic air traffic rises 18% in May")
YES Bank reduces base rate by 25 bps
The new rates are effective from June 22
 "YES Bank reduces base rate by 25 bps")
Govt proposes to raise Rs 13,500 crore by sovereign gold bonds
Scheme draft says govt will bear price risk, investors will be paid back in gold price with interest
 "Govt proposes to raise Rs 13,500 crore by sovereign gold bonds")
All India Bank Employees' Association to go on a strike on June 24
To support demands of State Sector Bank Employees' Association
 "All India Bank Employees' Association to go on a strike on June 24")
US visa interviews from June 22-26 cancelled
Applicants can reschedule appointments after July 6, says US Embassy
 "US visa interviews from June 22-26 cancelled")
Essar Oil scrip jumps 10% as Ruias seek higher valuation
The top brass of Essar Oil is currently in Russia to discuss the final contours of the transaction with Rosneft
 "Essar Oil scrip jumps 10% as Ruias seek higher valuation")
Fed outlook buoys Indian market
Markets continue their winning streak for 5th session; Sensex regains 27,000-mark; Nifty at near 3-week high after US central bank signals gradual increase in rates
 "Fed outlook buoys Indian market")
Microsoft India to train 10,000 SMBs in TN
IT is opening up new avenues of growth for small businesses around the world and in India
 "Microsoft India to train 10,000 SMBs in TN")
Mahindra First Choice to increase its outlets to 2,000 by 2020
Company says it is open for strategic partnership
 "Mahindra First Choice to increase its outlets to 2,000 by 2020")
Vodafone to offer M-Pesa services to WaterHealth India
Through this partnership, WHIN plans to address its cash collection issues with the help of M-Pesa
 "Vodafone to offer M-Pesa services to WaterHealth India")
IICT working with domestic drug makers to reduce imports
To develop local substitutes for life-saving drugs paracetamol, ibuprofen, ciprofloxacin
 "IICT working with domestic drug makers to reduce imports")
SIDBI appoints Cluster Pulse for Jamnagar brass industry development
The prime objective of the collaboration is to work towards addressing the financial and non-financial issues of Jamnagar's brass parts cluster
 "SIDBI appoints Cluster Pulse for Jamnagar brass industry development")
Micro-management of IIMs by government won't help: IIM-A director
IIM Bill, 2015 has been put up in public domain for consultation
 "Micro-management of IIMs by government won't help: IIM-A director")
Vadodara-based Manpasand aims to double capacity in a year
The company has recently launched its carbonated fruit based soft drink 'Fruits Up', which is targeted mainly at the urban markets
Newsmaker: Lalit Modi
Back in the thick of action
 "Newsmaker: Lalit Modi")
Wealth India Financial Services raises Rs 70 cr in Series C funding
The round was led by Faering Capital, with follow-on investments from current investors - Foundation Capital and Inventus Capital Partners