BS Reporter
BS Reporter
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Mysuru division to start work on Rs 70-cr of rail amenities
The Mysuru junction is set to get more amenities, and so will other stations under the Mysore Division
NPCI to cover all 56 RRBs under Immediate Payment Service by March 2016
Two of Canara Bank's regional rural banks have joined IMPS to take total number of RRBs offering the service to five
 "NPCI to cover all 56 RRBs under Immediate Payment Service by March 2016")
Odisha govt readying contingency plan for Agri sector on less rain forecast
IMD forecast says there will be less than normal monsoon rains this year
 "Odisha govt readying contingency plan for Agri sector on less rain forecast")
 "Odisha targets Rs 10,000 crore marine exports in 5 years")
Sidbi aims at Rs 55k cr credit flow in FY16
The lender offers credit both through direct and indirect financing
 "Sidbi aims at Rs 55k cr credit flow in FY16")
New land grabbing law prescribes strict penalty
Land grabbing has been declared unlawful and any activity connected with or arising out of land grabbing would be a punishable offence
 "New land grabbing law prescribes strict penalty")
RBI's net purchase of dollar at $5.43 bn in April 2015
Flows into NRI deposits witnessed a healthy jump of $2.35 bn in April 2015
 "RBI's net purchase of dollar at $5.43 bn in April 2015")
India's first real-estate flash sale to begin on June 26
Over 30 developers have registered for the sale, hoping to sell inventory worth Rs 2,000-2,500cr
 "India's first real-estate flash sale to begin on June 26")
Isuzu Motors' Andhra Pradesh plant to start operation in next April
The company sold 1,300 units last year and is rapidly expanding its dealer network with plans to open 60 outlets by the end of 2015-16
 "Isuzu Motors' Andhra Pradesh plant to start operation in next April")
TVS Motor gets patent for technology related to three wheeler engine
Patent for a cooling system for rear mounted liquid cooled engine
 "TVS Motor gets patent for technology related to three wheeler engine")
Cabinet approves amendments to Merchant Shipping Act, 1958
This includes the ratification of the Bunker Convention, Nairobi Convention and Salvage Convention
 "Cabinet approves amendments to Merchant Shipping Act, 1958")
NDTV plans e-comm ventures in food, auto & gadgets
Inks term sheets with potential investors; Genpact's Pramod Bhasin to join
 "NDTV plans e-comm ventures in food, auto & gadgets")
Govt launches microsite for Yoga Day through MEA website
The webpages, aimed at promoting yoga, disseminates yoga-related news and updates
 "Govt launches microsite for Yoga Day through MEA website")
Canara HSBC OBC Life appoints Anuj Mathur as CEO
Mathur succeeds current CEO John Holden
Search for three missing Coast Guard officers, aircraft enters second day
The aircraft was last tracked near Karaikal off the Puducherry coast; no signals since then
 "Search for three missing Coast Guard officers, aircraft enters second day")
MSCI defers China inclusion in its global benchmarks
Move comes as a temporary relief for Indian markets
 "MSCI defers China inclusion in its global benchmarks")
Mahindra Holidays to hike stake in Finland company
Stake in Oy raised to about 88%
 "Mahindra Holidays to hike stake in Finland company")
 "Delhi law minister remanded; Centre cancels ACB posting")
 "Farmer leaders slam proposed land Bill changes")