BS Reporter
BS Reporter
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Insurers may not pay for Nestle's losses
Commercial general liability insurance cover that the firm availed of usually only pays for bodily damages
 "Insurers may not pay for Nestle's losses")
NCDEX to offer gold forward trading platform to retail customers soon
The exchange is expected to launch four more delivery centres within a month
 "NCDEX to offer gold forward trading platform to retail customers soon")
Orchid Pharma received US FDA approval for two drugs
The drugs to treat dementia and control hypertension gets ANDA approval, said the company
 "Orchid Pharma received US FDA approval for two drugs")
Art monetisation portal, PosterGully secures angel funding
Raised undisclosed amount of angel funding by a group of angel investors
 "Art monetisation portal, PosterGully secures angel funding")
Interest subsidy for SSI loans raised in Karnataka
With this, entrepreneurs can get loans from KSFC at 8%; move will encourage first generation entrepreneurs to start industrial projects
 "Interest subsidy for SSI loans raised in Karnataka")
Focus is on clearing stuck infrastructure projects: FM
Finance Minister Arun Jaitley said the government would also consider capital infusion into state-owned banks
 "Focus is on clearing stuck infrastructure projects: FM")
Reliance Retail's e-commerce portal to enter new cities
The announcement was made at the RIL AGM on Friday in Mumbai
 "Reliance Retail's e-commerce portal to enter new cities")
Market crisis deepens, Nifty at 8-mth low
Index closes below 8,000, FIIs remain in sale mode
 "Market crisis deepens, Nifty at 8-mth low")
Interviews next week for MD & CEO at 5 large PSBs, 26 shortlisted
Will be appointed at Bank of Baroda, Punjab National Bank, Canara Bank, Bank of India and IDBI Bank
 "Interviews next week for MD & CEO at 5 large PSBs, 26 shortlisted")
India growth to overtake China's this year
Puts our growth at 7.5%, much less than govt projection but first among major countries; however, tough challenges for developing economies in 2015
 "India growth to overtake China's this year")
Chandigarh 'happiest' city, claims LG survey
Delhi is the happiest metro and Mumbai is the saddest, according to the study
 "Chandigarh 'happiest' city, claims LG survey")
Jet Airways former executive director Saroj Datta dies
It was he who shaped the network and fleet strategy at Jet Airways, drawing from his four-decade experience in aviation sector
 "Jet Airways former executive director Saroj Datta dies")
Electrosteel Steels receives indication for investment from Tata Group
Company gets indication for investment from Singapore-based financial investor as well
 "Electrosteel Steels receives indication for investment from Tata Group")
RBI expands list of documents as valid proof
The additional documents shall be deemed to be officially valid documents under 'simplified measure' for 'low risk' customers
 "RBI expands list of documents as valid proof")
RInfra's Mumbai Metro refinances Rs 1,650-cr debt
The final repayment has been extended to the year 2037
 "RInfra's Mumbai Metro refinances Rs 1,650-cr debt")
RBI permits NRIs to invest in chit funds
Indians abroad can subscribe to chit funds through banking channels, including accounts maintained in India
 "RBI permits NRIs to invest in chit funds")
 "CEA advises against reading 'too much' into tax collection rise")
FinMin, banks to mull on higher capital infusion for PSBs
RBI has asked FinMin to increase capital infusion, says Mundra
 "FinMin, banks to mull on higher capital infusion for PSBs")
Weak sentiment hits small apparel brands in Q4: CMAI
Small brands contribute 44% in CMAI Index, big brands (large and giant) share 35%
 "Weak sentiment hits small apparel brands in Q4: CMAI")
Another LG-Delhi Govt tussle now over Home Secretary
Today's MHA directive declaring the Delhi government order "ab initio void", backed the L-G's decision
 "Another LG-Delhi Govt tussle now over Home Secretary")